{"data":{"id":"us-co/c.r.s.-39-3-126.5","jurisdiction":"us-co","citation":"C.R.S. § 39-3-126.5","heading":"Mobile homes - low-value - exemption - legislative declaration - definition.","body":"(1) The general assembly hereby finds and declares that:\n\n(a) Mobile homes are unique properties that are subject to the ad valorem tax as if they are real property, but the tax is collected as if they are personal property;\n\n(b) The actual value of mobile homes can be quite low compared to other residential real property improvements;\n\n(c) For these low-value mobile homes, the actual collection costs attributable to a county assessor and county treasurer may exceed the total amount of taxes collected;\n\n(d) If the taxes owed on these mobile homes become delinquent, then all of the additional collection costs may exceed the taxes owed; and\n\n(e) This exemption will only have a de minimis impact on local government revenues.\n\n(2) As used in this section, \"mobile home\" means a mobile home as defined in section 39-1-102 (8) or a \"manufactured home\" as defined in section 39-1-102 (7.8) and, in either case, for which a certificate of title has been issued pursuant to part 1 of article 29 of title 38 and that does not have a certificate of permanent location pursuant to section 38-29-202.\n\n(3) For property tax years commencing on or after January 1, 2022, a mobile home with an actual value that is less than or equal to twenty-eight thousand dollars is exempt from the levy and collection of property tax.","path":["Title 39 - Taxation","Article 3 - Exemptions","Part 1 - PROPERTY EXEMPT FROM TAXATION"],"source_url":"https://olls.info/crs/crs2026-title-39.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"c51e6c1a833d1e6aba7919bd2cbb29a053a3820603bb12d99e0a2c178245864d","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-39-3-126","next":"us-co/c.r.s.-39-3-127"},"notice":"GroundRules: Original legal text. Not legal advice."}