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us-co/statute/39/39-5-134 — Controlled environment agricultural facility - valuation - affidavit - definition - repeal · Axiom

Controlled environment agricultural facility - valuation - affidavit - definition - repeal

2 rules

Official source

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(1) As used in this section, controlled environment agricultural facility or CEA facility has the same meaning as specified in section 39-1-102 (3.3).

(2) A CEA facility is valued for assessment purposes as all other agricultural property using the cost, market, and income approaches to value.

(3) If the sole use of the CEA facility is not the growing of crops for human or livestock consumption, then the property is classified and valued for assessment purposes based on actual use.

(4) As part of the personal declaration the owner of a CEA facility signs and returns to the county assessor pursuant to sections 39-5-107 and 39-5-108, the owner shall include an affidavit executed by the owner in which the owner affirms that the CEA facility meets the requirements of section 39-1-102 (3.3), including the requirements that the facility optimizes hydroponics and that the sole purpose of the CEA facility is to obtain a monetary profit from the wholesale of plant-based food for human or livestock consumption. If the crop grown in the CEA facility is hemp, the owner must also include a copy of a license to verify to the assessor that the crop is not marijuana.

(5) Notwithstanding any other provision of law, a CEA facility shall not violate the terms and conditions of any applicable water court decree issued pursuant to article 92 of title 37 and shall not materially injure water rights or conditional water rights granted under article 92 of title 37.

(6) This section is repealed, effective July 1, 2029.

in view

Whole section

Encodings · 2

cea_facility_actual_use_classification_requiredCO 39 § 39-5-134 · derived

Colo. Rev. Stat. § 39-5-134(3)

name: cea_facility_actual_use_classification_required
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: Colo. Rev. Stat. § 39-5-134(3)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-134
          excerpt: >-
            If the sole use of the CEA facility is not the growing of crops for
            human or livestock consumption, then the property is classified and
            valued for assessment purposes based on actual use.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_cea_facility
      and sole_use_is_not_growing_crops_for_human_or_livestock_consumption

cea_facility_water_rights_protection_satisfiedCO 39 § 39-5-134 · derived

Colo. Rev. Stat. § 39-5-134(5)

name: cea_facility_water_rights_protection_satisfied
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: Colo. Rev. Stat. § 39-5-134(5)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-134
          excerpt: >-
            A CEA facility shall not violate the terms and conditions of any
            applicable water court decree ... and shall not materially injure
            water rights or conditional water rights.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      not asset_is_cea_facility
      or (
        facility_does_not_violate_applicable_water_court_decree
        and facility_does_not_materially_injure_water_rights_or_conditional_water_rights
      )

▸rulespec code

Shown source

statutes/39/39-5-134.yaml

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View on GitHub

Rules

cea_facility_actual_use_classification_required

Derived

source: Colo. Rev. Stat. § 39-5-134(3)

- name: cea_facility_actual_use_classification_required
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: Colo. Rev. Stat. § 39-5-134(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-134
            excerpt: >-
              If the sole use of the CEA facility is not the growing of crops for human or livestock
              consumption, then the property is classified and valued for assessment purposes based
              on actual use.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_cea_facility
        and sole_use_is_not_growing_crops_for_human_or_livestock_consumption

cea_facility_water_rights_protection_satisfied

Derived

source: Colo. Rev. Stat. § 39-5-134(5)

- name: cea_facility_water_rights_protection_satisfied
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: Colo. Rev. Stat. § 39-5-134(5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-134
            excerpt: >-
              A CEA facility shall not violate the terms and conditions of any applicable water
              court decree ... and shall not materially injure water rights or conditional water
              rights.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        not asset_is_cea_facility
        or (
          facility_does_not_violate_applicable_water_court_decree
          and facility_does_not_materially_injure_water_rights_or_conditional_water_rights
        )

▸citations (3)

References

This rule cites 3 other rules.

CO 39 § 39-1-102 (3.3)inferredCO › Statutes › Title 39 › § 39-1-102 › (3.3)
CO 39 § 39-5-107inferredCO › Statutes › Title 39 › § 39-5-107
CO 39 § 39-1-102 (3.3)inferredCO › Statutes › Title 39 › § 39-1-102 › (3.3)

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Controlled environment agricultural facility - valuation - affidavit - definition - repeal

2 rules

Official source

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(1) As used in this section, controlled environment agricultural facility or CEA facility has the same meaning as specified in section 39-1-102 (3.3).

(2) A CEA facility is valued for assessment purposes as all other agricultural property using the cost, market, and income approaches to value.

(3) If the sole use of the CEA facility is not the growing of crops for human or livestock consumption, then the property is classified and valued for assessment purposes based on actual use.

(6) This section is repealed, effective July 1, 2029.

in view

Whole section

Encodings · 2

cea_facility_actual_use_classification_requiredCO 39 § 39-5-134 · derived

Colo. Rev. Stat. § 39-5-134(3)

name: cea_facility_actual_use_classification_required
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: Colo. Rev. Stat. § 39-5-134(3)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-134
          excerpt: >-
            If the sole use of the CEA facility is not the growing of crops for
            human or livestock consumption, then the property is classified and
            valued for assessment purposes based on actual use.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      asset_is_cea_facility
      and sole_use_is_not_growing_crops_for_human_or_livestock_consumption

cea_facility_water_rights_protection_satisfiedCO 39 § 39-5-134 · derived

Colo. Rev. Stat. § 39-5-134(5)

name: cea_facility_water_rights_protection_satisfied
kind: derived
entity: Asset
dtype: Judgment
period: Year
source: Colo. Rev. Stat. § 39-5-134(5)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-5-134
          excerpt: >-
            A CEA facility shall not violate the terms and conditions of any
            applicable water court decree ... and shall not materially injure
            water rights or conditional water rights.
versions:
  - effective_from: '0001-01-01'
    formula: |-
      not asset_is_cea_facility
      or (
        facility_does_not_violate_applicable_water_court_decree
        and facility_does_not_materially_injure_water_rights_or_conditional_water_rights
      )

▸rulespec code

Shown source

statutes/39/39-5-134.yaml

Displaying the canonical repository encoding.

View on GitHub

Rules

cea_facility_actual_use_classification_required

Derived

source: Colo. Rev. Stat. § 39-5-134(3)

- name: cea_facility_actual_use_classification_required
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: Colo. Rev. Stat. § 39-5-134(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-134
            excerpt: >-
              If the sole use of the CEA facility is not the growing of crops for human or livestock
              consumption, then the property is classified and valued for assessment purposes based
              on actual use.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        asset_is_cea_facility
        and sole_use_is_not_growing_crops_for_human_or_livestock_consumption

cea_facility_water_rights_protection_satisfied

Derived

source: Colo. Rev. Stat. § 39-5-134(5)

- name: cea_facility_water_rights_protection_satisfied
  kind: derived
  entity: Asset
  dtype: Judgment
  period: Year
  source: Colo. Rev. Stat. § 39-5-134(5)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-5-134
            excerpt: >-
              A CEA facility shall not violate the terms and conditions of any applicable water
              court decree ... and shall not materially injure water rights or conditional water
              rights.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        not asset_is_cea_facility
        or (
          facility_does_not_violate_applicable_water_court_decree
          and facility_does_not_materially_injure_water_rights_or_conditional_water_rights
        )

▸citations (3)

References

This rule cites 3 other rules.

CO 39 § 39-1-102 (3.3)inferredCO › Statutes › Title 39 › § 39-1-102 › (3.3)
CO 39 § 39-5-107inferredCO › Statutes › Title 39 › § 39-5-107
CO 39 § 39-1-102 (3.3)inferredCO › Statutes › Title 39 › § 39-1-102 › (3.3)