SB 25-029 CO
Ranch Property Tax Clarifications
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Summary
Water Resources and Agriculture Review Committee. The bill broadens the definition of "ranch" for purposes of property taxation to include a parcel of land used for grazing or raising livestock for the primary purpose of obtaining a monetary profit rather than a parcel of land used only for grazing livestock for the primary purpose of obtaining a monetary profit. The bill also eliminates the limited definition of "livestock" included in the definition of "ranch" and replaces it with the general definition of "livestock" used for property tax purposes that includes all animals.(Note: This summary applies to this bill as introduced.)
Sponsors (3)
- Dylan Roberts Democratic · primary
- Byron Pelton Republican · primary
- Julie McCluskie Democratic · primary
2 coauthors / cosponsors
- C. Simpson Republican · cosponsor
- M. Martinez Democratic · cosponsor
Action history (2)
- Jan 29, 2025 Senate Committee on Agriculture & Natural Resources Postpone Indefinitely · upper
- Jan 8, 2025 Introduced In Senate - Assigned to Agriculture & Natural Resources · upper
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