Colorado § 39-21-401 - Legislative declaration.
Full text of Colorado Colorado Revised Statutes § 39-21-401 — Legislative declaration., with citation guidance and answers to common questions.
§ 39-21-401. Legislative declaration.
(1) The general assembly finds and declares that:
(a) In 2000, the general assembly enacted the formation of a temporary commission on taxation for the purpose of reviewing and reporting on the current system of taxation by state and local governments and making recommendations for modifications;
(b) The state of Colorado and its citizens have experienced many changes since the last comprehensive review and analysis of tax policy was completed;
(c) The tax structure of the state and local governments in Colorado has become more complicated and outdated through a long history of incremental and piecemeal modifications made by statutory and constitutional enactments that have resulted in unintended consequences;
(d) These modifications may have resulted in the tax burden for financing government services and programs being borne disproportionately by certain taxpayers and may have diminished Colorado's ability to attract new businesses and retain existing businesses that are vital to the economic well-being of the state and its citizens; and
(e) It is therefore necessary to review the state's current tax policy.
(2) The general assembly further finds and declares that it is necessary to create the legislative oversight committee concerning tax policy and, in addition, establish the committee as the appropriate entity to review the evaluations of tax expenditures that are statutorily completed by the state auditor.
Source: L. 2021: Entire part added, (HB 21-1077), ch. 468, p. 3365, § 1, effective July 7.
Frequently Asked Questions About Colorado § 39-21-401
What does Colorado Revised Statutes § 39-21-401 cover?
Section 39-21-401 ("Legislative declaration.") 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 § 39-21-401?
A common citation format is "Colorado Revised Statutes § 39-21-401" (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 § 39-21-401 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.