Colorado § 24-75-201.7 - Enforcement of state spending restriction - punitive or exemplary damages - property tax relief fund - creation.
Full text of Colorado Colorado Revised Statutes § 24-75-201.7 — Enforcement of state spending restriction - punitive or exemplary damages - property tax relief fund - creation., with citation guidance and answers to common questions.
§ 24-75-201.7. Enforcement of state spending restriction - punitive or exemplary damages - property tax relief fund - creation.
Any punitive or exemplary damages awarded to any party to a lawsuit brought to enforce the restriction on state spending as set forth in section 24-75-201.1 shall be deposited and credited to the property tax relief fund, which is hereby created in the state treasury. All moneys in the fund at the end of any fiscal year shall remain in the fund and shall not be transferred or credited to the state general fund or to any other state fund. All interest derived from the deposit and investment of moneys in the fund shall be credited to the fund. Moneys in said fund shall be used only in such manner as the general assembly deems appropriate as to provide property tax relief throughout the state and shall never be available for appropriation for any other state purpose.
Source: L. 91: Entire section added, p. 912, § 2, effective June 7. L. 95: Entire section amended, p. 16, § 9, effective March 9.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 24-75-201.7
What does Colorado Revised Statutes § 24-75-201.7 cover?
Section 24-75-201.7 ("Enforcement of state spending restriction - punitive or exemplary damages - property tax relief fund - creation.") 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 § 24-75-201.7?
A common citation format is "Colorado Revised Statutes § 24-75-201.7" (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 § 24-75-201.7 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.