Colorado § 24-60-2803 - Limitation on assessment.

Full text of Colorado Colorado Revised Statutes § 24-60-2803 — Limitation on assessment., with citation guidance and answers to common questions.

§ 24-60-2803. Limitation on assessment.

Notwithstanding the provisions of section (b) of article (X) of section 24-60-2802, the state shall not pay an assessment or shall reduce the amount of its assessment so that the total collected from the annual assessment does not exceed two million five hundred thousand dollars for any single fiscal year, annually adjusted for inflation.

Source: L. 2000: Entire part added, p. 392, § 1, effective April 10.

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Source: official Colorado text · Last verified 2026-08-27

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Frequently Asked Questions About Colorado § 24-60-2803

What does Colorado Revised Statutes § 24-60-2803 cover?

Section 24-60-2803 ("Limitation on 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 § 24-60-2803?

A common citation format is "Colorado Revised Statutes § 24-60-2803" (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 § 24-60-2803 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.