Colorado § 2-4-115 - Assessed value - valuation for assessment.
Full text of Colorado Colorado Revised Statutes § 2-4-115 — Assessed value - valuation for assessment., with citation guidance and answers to common questions.
§ 2-4-115. Assessed value - valuation for assessment.
(1) The phrase "assessed value" means either the assessed value for the purpose of a levy imposed by a local governmental entity or the assessed value for the purpose of a levy imposed by a school district as best determined in the particular context by the property tax administrator.
(2) The phrase "valuation for assessment" means either the valuation for assessment for the purpose of a levy imposed by a local governmental entity or the valuation for assessment for the purpose of a levy imposed by a school district as best determined in the particular context by the property tax administrator.
Source: L. 2024, 2nd Ex. Sess.: Entire section added, (HB 24B-1001), ch. 1, p. 1, § 2, effective October 1 (see editor's note).
Editor's note: Section 19 of chapter 1 (HB 24B-1001), Session Laws of Colorado 2024, Second Extraordinary Session, provides that the act adding this section takes effect only if SB 24-233 takes effect and takes effect upon the effective date of SB 24-233. SB 24-233 took effect on October 1, 2024, due to an amendment to the effective date of SB 24-233 by section 18 of chapter 1 (HB 24B-1001), Session Laws of Colorado 2024, Second Extraordinary Session.
PART 2
CONSTRUCTION OF STATUTES
Cross references: For editorial matters from which no implication or presumption of a legislative construction is to be drawn, see § 2-5-113 (4).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 2-4-115
What does Colorado Revised Statutes § 2-4-115 cover?
Section 2-4-115 ("Assessed value - valuation for assessment.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 2-4-115?
A common citation format is "Colorado Revised Statutes § 2-4-115" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 2-4-115 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.