(1) Property financed pursuant to the provisions of section 30-11-104.1 shall be exempt from taxation so long as it is used for governmental purposes. (2) Intentionally left blank —Ed. (a) A courthouse, jail, or other county building subject to financed purchase of an asset or certificate of participation agreements in force on May 29, 1981, shall be accorded the same tax-exempt status as a courthouse, jail, or other county building financed by such agreements entered into after such date. (b) Equipment subject to financed purchase of an asset or certificate of participation agreements in force on May 25, 1983, shall be accorded the same tax-exempt status as equipment financed by such agreements entered into after such date.
C.R.S. § 30-11-104.2
Tax exemption
Known as the Law Enforcement Authority Act
The act spans §§ 30-11-101 to 30-11-605 (80 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.