Colorado § 29-4-507 - Exemption from special assessments - tax exemptions.
Full text of Colorado Colorado Revised Statutes § 29-4-507 — Exemption from special assessments - tax exemptions., with citation guidance and answers to common questions.
§ 29-4-507. Exemption from special assessments - tax exemptions.
The authority and the property of the authority is exempt from all taxes and special assessments on the same basis and subject to the same conditions as provided for city housing authorities in sections 29-4-226 and 29-4-227. Like a city housing authority, an authority may voluntarily apply to include eligible real property, as defined in section 32-20-103 (4), in which it has an interest as described in section 29-4-226 (2) into the boundaries of the Colorado new energy improvement district created in section 32-20-104 (1) and may accept the levying by the district of a special assessment, as defined in section 32-20-103 (14), against the eligible real property. In lieu of taxes on its property, the authority may agree to make such annual payments to the taxing bodies in which the projects are situated as it finds consistent with the maintenance of the low rent character of the projects or the achievement of the purposes of this part 5.
Source: L. 51: p. 449, § 7. CSA: C. 82, § 85. CRS 53: § 69-6-7. L. 61: p. 428, § 7. C.R.S. 1963: § 69-6-7. L. 2002: Entire section amended, p. 1938, § 3, effective June 7. L. 2019: Entire section amended, (HB 19-1272), ch. 358, p. 3289, § 4, effective August 2.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 29-4-507
What does Colorado Revised Statutes § 29-4-507 cover?
Section 29-4-507 ("Exemption from special assessments - tax exemptions.") 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 § 29-4-507?
A common citation format is "Colorado Revised Statutes § 29-4-507" (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 § 29-4-507 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.