BOARD OF EQUALIZATION Rules Regarding Supervision of the Administration of Property Tax Laws RULES REGARDING SUPERVISION OF THE ADMINISTRATION OF PROPERTY TAX LAWS 8 CCR 1506-2 [Editor’s Notes follow the text of the rules at the end of this CCR Document.] _________________________________________________________________________ RULES REGARDING SUPERVISION OF THE ADMINISTRATION OF PROPERTY TAX LAWS LEGAL AUTHORITY Article X, Section 15 creates the State Board of Equalization and directs that the State Board of Equalization shall perform other duties as may be prescribed by law. Under the authority of Executive Order D 2020 022 and sections 39-9-103(8) and 39-9-106, C.R.S., the State Board of Equalization adopts these emergency rules and the following statement of basis and purpose.

Statement of Basis and Purpose Executive Order D 2020 022, Ordering the Temporary Suspension of Certain Statutes Concerning Taxpayer Filing Requirements for Certain Taxable Property due to the Presence of COVID-19, temporarily suspended calendar year 2020 deadlines in several statutes relating to certain taxable property statements and schedules and directed the State Board of Equalization to extend the suspended deadlines. Executive Order D 2020 022 also temporarily suspended calendar year 2020 deadlines to accommodate the extended deadlines relating to taxable property statements and schedules and directed the State Board of Equalization to extend these deadlines as necessary to accommodate the extended deadlines.

The State Board of Equalization adopts these rules to carry out Executive Order D 2020 022 and the State Board of Equalizations’ duties pursuant to section 39-9-106, C.R.S., to supervise the administration of all laws concerning the valuation and assessment of taxable property and the levying of property taxes. The State Board of Equalization finds, pursuant to section 24-4-103(6)(a), C.R.S., that immediate adoption of these rules is imperatively necessary to comply with Executive Order D 2020 022. Further, the State Board of Equalization finds that immediate adoption of these rules is imperatively necessary for the preservation of public health, safety, or welfare as an extension of the April 15, 2020 deadline for taxpayer filing of certain statements and schedules, and the valuation, appeal, and reporting deadlines necessary to accommodate the taxpayer filing extensions, will further facilitate taxpayers’ ability to comply with Executive Orders D 2020 017 and D 2020 024, Ordering Coloradans to Stay at Home Due to the Presence of COVID-19 in the State, and Third Updated Public Health Order 20-24, Implementing Stay at Home Requirements. As such, compliance with the requirements of section 24-4-103, C.R.S., would be contrary to the public interest.

Effective Date These emergency rules are effective April 9, 2020. These emergency rules will remain in effect for one hundred twenty (120) days after the date they are adopted, pursuant to section 24-4-103(6)(a), C.R.S. 1 CODE OF COLORADO REGULATIONS 8 CCR 1506-2 Rules Regarding Supervision of the Administration of Property Tax Laws EMERGENCY RULE 1 Extension of 2020 Filing Deadlines for Certain Taxable Property The following taxpayer filing deadlines for statements and schedules during calendar year 2020 are extended as follows:

C.R.S. Reference and Description of Filing Date listed in Extended C.R.S. Deadline § 39-5-108 C.R.S. Schedule sent to taxpayer – return April 15 June 15, 2020 - Owners of taxable personal property (or their agents) file schedules § 39-5-115(1) C.R.S. Taxpayer to furnish information – April 15 June 15, 2020 affidavit on mineral leases; and § 39-6-106(1) C.R.S. Valuation for assessment of producing mines; and § 39-6-113(3) C.R.S. Mine in more than one county.

- Owners or Operators of Non-Producing and Producing Mines file information or statements § 39-5-113.3(1) C.R.S. Oil and gas drilling rigs – April 15 June 15, 2020 apportionment of value; and § 39-7-101(1) C.R.S. Statement of owner or operator.

- Oil and Gas operators or owners file statements or declaration § 39-5-116(1) C.R.S. Failure to file schedule – failure to fully April 15 June 15, 2020 and completely disclose.

- Penalty date for failure to file schedules 2 CODE OF COLORADO REGULATIONS 8 CCR 1506-2 Rules Regarding Supervision of the Administration of Property Tax Laws EMERGENCY RULE 2 Extension of 2020 Valuation, Appeal, and Reporting Deadlines for Certain Taxable Property To the extent the activity follows a taxpayer filing deadline extended by Emergency Rule 1, the valuation, appeal, and reporting deadlines during calendar year 2020 are extended as follows: C.R.S. Reference and Description of Activity Date listed in Extended C.R.S. Deadline § 39-5-121(1.5)(a)(I) C.R.S. Notice of valuation - legislative June 15 August 3, 2020 declaration; and - Notices of Value sent from the Assessors § 39-5-121(1.5)(a)(I) C.R.S. Notice of valuation – legislative June 30 August 20, declaration; and 2020 § 39-5-122(2) C.R.S. Taxpayer’s remedies to correct errors. - Taxpayer protest § 39-5-122(4) C.R.S. Taxpayer’s remedies to correct errors. July 5 August 24, 2020 - Protest hearings conclude § 39-5-122(2) C.R.S. Taxpayer’s remedies to correct errors. July 10 September 2, 2020 - Notices of Determination on taxpayer protests §§ 39-5-122(2), 39-5-122.7 C.R.S. Taxpayer’s remedies to August 15 September 16, correct errors under alternate protest and appeal procedure 2020 for specified counties.

- Notices of Determination on taxpayer protests for alternate protest counties § 39-8-105(2) C.R.S. Reports of assessor. July 15 September 7, 2020 - Reports of assessor to county board of equalization §§ 39-8-105(2), 39-5-122.7 C.R.S. Reports of assessor under September 15 October 15 alternate protest and appeal producer for specified counties. - Reports of assessor to county board of equalization for alternate appeal counties 3 CODE OF COLORADO REGULATIONS 8 CCR 1506-2 Rules Regarding Supervision of the Administration of Property Tax Laws C.R.S. Reference and Description of Activity Date listed in Extended C.R.S. Deadline § 39-8-106(1)(a) C.R.S. Petitions for appeal. July 20 September 14, 2020 - Taxpayer appeal to county board of equalization §§ 39-8-107(2), 39-5-122.7 C.R.S. Petitions for appeal under September 15 September 28, alternate protest and appeal procedure for specified 2020 counties.

- Taxpayer appeal to county board of equalization in alternate appeal counties § 39-8-107(2) C.R.S. Hearings on appeal. August 5 September 29, 2020 - Conclude county board of equalization hearings and render decisions §§ 39-8-107(2), 39-5-122.7 C.R.S. Hearings on appeal under November 1 November 16, alternate protest and appeal procedure for specified 2020 counties.

- Conclude county board of equalization hearing and render decisions in alternate appeal counties § 39-5-128(1) C.R.S. Certification of valuation for August 25 October 13, assessment. 2020 - Certification of total valuation to taxing jurisdictions et al § 39-2-115(1) C.R.S. Review of abstracts of assessment – August 25 October 13, recommendations; and 2020 § 39-5-123 C.R.S. Abstract of assessment or amended abstract of assessment.

- Assessors file abstract of assessment §§ 39-5-123, 39-5-122.7 C.R.S. Abstract of assessment or November 21 December 1, amended abstract of assessment under alternate protest and 2020 appeal procedure for specified counties.

- Assessors file abstract of assessment in alternate appeal counties 4 CODE OF COLORADO REGULATIONS 8 CCR 1506-2 Rules Regarding Supervision of the Administration of Property Tax Laws C.R.S. Reference and Description of Activity Date listed in Extended C.R.S. Deadline § 39-2-115(3) C.R.S. Review of abstracts of assessment – October 15 November 16, recommendations. 2020 - Property Tax Administrator transmits abstracts on most counties to the state board of equalization with recommendations _________________________________________________________________________ Editor’s Notes History New rule emer. rule eff. 04/09/2020.

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