On April 20, 2012, Sen. Mike Johnston and Rep. Dan Pabon introduced SB 12-174 – Concerning the Creation of a Pilot Alternate Property Tax Valuation Protest and Appeal Procedure for the City and County of Denver. This summary is published here courtesy of the Colorado Bar Association’s e-Legislative Report.
Currently, the county board of equalization receives and hears petitions for appeal regarding the valuation for assessment of taxable property. The county board of equalization process has multiple filing deadlines and addresses valuation appeals in a single year. The board of county commissioners also receives and hears petitions for appeal and has jurisdiction over petitions for abatement or refund of taxes, including assessment of taxable property overvaluation. The board of county commissioners process has one filing deadline and can address valuation appeals, abatements, and refunds over multiple years.
The bill creates a pilot program that authorizes the governing body of the city and county of Denver, at the request of the assessor, to elect to use an alternate protest and appeal procedure that combines the multiple steps in the annual valuation dispute process through the county board of equalization into the single hearing and appeal process conducted by the board of county commissioners. The filing deadlines for tax petitions and for resolving valuation disputes are specified for the city and county of Denver to use the alternate protest and appeal procedure.
The bill also authorizes the city and county of Denver board of equalization and the board of county commissioners to request that the taxpayer that filed a petition, or the taxpayer’s representative, to be present at the hearing and requires each board to dismiss the petition with no right to appeal if the taxpayer or the taxpayer’s designee fails to be present at the hearing absent good cause. Assigned to the Finance Committee; the bill has not been scheduled for committee review.
Summaries of other featured bills can be found here.