Colorado § 39-22-611 - Property exempt from ad valorem taxes.
Full text of Colorado Colorado Revised Statutes § 39-22-611 — Property exempt from ad valorem taxes., with citation guidance and answers to common questions.
§ 39-22-611. Property exempt from ad valorem taxes.
Notwithstanding any other provisions of law, all intangible personal property, whether or not owned by a resident of Colorado, and whether or not such property or evidence thereof is situated or held or has its legal situs within the state, shall be exempt from ad valorem tax imposed by the state of Colorado, or by any political subdivision thereof; but nothing in this section shall be construed to repeal, or in any way affect, the use or inclusion of intangible property other than licenses granted by the federal communications commission to a wireless carrier, as defined in section 29-11-101, C.R.S., as a factor in arriving at the valuation of public utility property assessed by the property tax administrator under provisions of articles 1 to 13 of this title.
Source: L. 64: R&RE, p. 795, § 1. C.R.S. 1963: § 138-1-75. L. 98: Entire section amended, p. 1267, § 2, effective June 1. L. 2004: Entire section amended, p. 1209, § 92, effective August 4. L. 2008: Entire section amended, p. 685, § 6, effective August 5.
ANNOTATION
Colorado's intangible property tax exemption singled out railroad as part of an isolated and targeted group for discriminatory tax treatment in violation of §306(1)(d) of the federal Railroad Revitalization and Regulatory Reform Act of 1976, as interpreted by the supreme court in Dept. of Rev. of Oregon v. ACF Indus., Inc., 510 U.S. 332 (1994); Burlington Northern R.R. v. Huddleston, 94 F.3d 1413 (10th Cir. 1996).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 39-22-611
What does Colorado Revised Statutes § 39-22-611 cover?
Section 39-22-611 ("Property exempt from ad valorem taxes.") 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 § 39-22-611?
A common citation format is "Colorado Revised Statutes § 39-22-611" (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 § 39-22-611 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.