Colorado § 39-3-126.5 - Mobile homes - low-value - exemption - legislative declaration - definition.
Full text of Colorado Colorado Revised Statutes § 39-3-126.5 — Mobile homes - low-value - exemption - legislative declaration - definition., with citation guidance and answers to common questions.
§ 39-3-126.5. Mobile homes - low-value - exemption - legislative declaration - definition.
(1) The general assembly hereby finds and declares that:
(a) Mobile homes are unique properties that are subject to the ad valorem tax as if they are real property, but the tax is collected as if they are personal property;
(b) The actual value of mobile homes can be quite low compared to other residential real property improvements;
(c) For these low-value mobile homes, the actual collection costs attributable to a county assessor and county treasurer may exceed the total amount of taxes collected;
(d) If the taxes owed on these mobile homes become delinquent, then all of the additional collection costs may exceed the taxes owed; and
(e) This exemption will only have a de minimis impact on local government revenues.
(2) As used in this section, "mobile home" means a mobile home as defined in section 39-1-102 (8) or a "manufactured home" as defined in section 39-1-102 (7.8) and, in either case, for which a certificate of title has been issued pursuant to part 1 of article 29 of title 38 and that does not have a certificate of permanent location pursuant to section 38-29-202.
(3) For property tax years commencing on or after January 1, 2022, a mobile home with an actual value that is less than or equal to twenty-eight thousand dollars is exempt from the levy and collection of property tax.
Source: L. 2022: Entire section added, (HB 22-1223), ch. 308, p. 2219, § 1, effective August 10.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 39-3-126.5
What does Colorado Revised Statutes § 39-3-126.5 cover?
Section 39-3-126.5 ("Mobile homes - low-value - exemption - legislative declaration - definition.") 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 § 39-3-126.5?
A common citation format is "Colorado Revised Statutes § 39-3-126.5" (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 § 39-3-126.5 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.