Colorado HB1233 modifies property tax proceedings for nonresidential properties, including penalties for false information and the option to move.

Colorado HB1233 introduces changes to property tax proceedings for nonresidential properties, effective for tax years starting January 1, 2026. It imposes civil penalties for nonresidential property owners who fail to provide required information or provide false information. The penalties increase with each violation, up to a maximum of $10,000 for a third or subsequent violation.

Colorado HB1233 modifies property tax proceedings for nonresidential properties, including penalties for false information and the option to move.

Colorado HB1233 introduces changes to property tax proceedings for nonresidential properties, effective for tax years starting January 1, 2026. It imposes civil penalties for nonresidential property owners who fail to provide required information or provide false information. The penalties increase with each violation, up to a maximum of $10,000 for a third or subsequent violation.