Colorado § 39-3-108.5 - Property - community corrections facility - exemption.
Full text of Colorado Colorado Revised Statutes § 39-3-108.5 — Property - community corrections facility - exemption., with citation guidance and answers to common questions.
§ 39-3-108.5. Property - community corrections facility - exemption.
(1) Property, real and personal, which is owned and used solely and exclusively for strictly charitable purposes and not for private gain or corporate profit shall be exempt from the levy and collection of property tax if such property is owned and used by a nonprofit community corrections agency for a community correctional facility or program.
(2) As used in this section:
(a) "Community correctional facility or program" shall have the meaning set forth in section 17-27-102 (3), C.R.S., for community corrections program.
(b) "Nonprofit community corrections agency" means any person, agency, corporation, association, or entity that:
(I) Is exempt from federal income tax pursuant to the "Internal Revenue Code of 1986", as amended; and
(II) Operates a community correctional facility or program.
(3) The provisions of this section shall apply to property tax years beginning on or after January 1, 1993.
Source: L. 93: Entire section added, p. 614, § 2, effective April 30. L. 95: (2)(a) amended, p. 1108, § 54, effective May 31.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 39-3-108.5
What does Colorado Revised Statutes § 39-3-108.5 cover?
Section 39-3-108.5 ("Property - community corrections facility - exemption.") 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 § 39-3-108.5?
A common citation format is "Colorado Revised Statutes § 39-3-108.5" (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 § 39-3-108.5 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.