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us-co/statute/39/39-7-102 — Valuation for assessment · Axiom

Valuation for assessment

3 rules0 of 2 subsections

Official source

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Encodings · 3

standard_assessment_valuation_rateCO 39 § 39-7-102 · parameter

Colo. Rev. Stat. § 39-7-102(1)

name: standard_assessment_valuation_rate
kind: parameter
dtype: Rate
source: Colo. Rev. Stat. § 39-7-102(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-7-102
          excerpt: eighty-seven and one-half percent
versions:
  - effective_from: '0001-01-01'
    formula: '0.875'

recovery_or_recycling_project_assessment_valuation_rateCO 39 § 39-7-102 · parameter

Colo. Rev. Stat. § 39-7-102(2)

name: recovery_or_recycling_project_assessment_valuation_rate
kind: parameter
dtype: Rate
source: Colo. Rev. Stat. § 39-7-102(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-7-102
          excerpt: seventy-five percent
versions:
  - effective_from: '0001-01-01'
    formula: '0.75'

oil_and_gas_leasehold_or_land_assessed_valueCO 39 § 39-7-102 · derived

Colo. Rev. Stat. § 39-7-102(1)-(2)

name: oil_and_gas_leasehold_or_land_assessed_value
kind: derived
entity: Asset
dtype: Money
unit: USD
period: Year
source: Colo. Rev. Stat. § 39-7-102(1)-(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-7-102
          excerpt: >-
            shall value such oil and gas leaseholds and lands for assessment, as
            real property
versions:
  - effective_from: '0001-01-01'
    formula: >-
      (if
      leasehold_or_land_employs_conserving_secondary_tertiary_recovery_or_recycling_project:
        recovery_or_recycling_project_assessment_valuation_rate
      else:
        standard_assessment_valuation_rate)
      *
      (preceding_calendar_year_wellhead_sales_price_excluding_governmental_royalties

      +
      preceding_calendar_year_same_field_sales_price_for_transported_unsold_oil_or_gas_excluding_governmental_royalties)

▸rulespec code

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statutes/39/39-7-102.yaml

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Rules

standard_assessment_valuation_rate

Parameter

source: Colo. Rev. Stat. § 39-7-102(1)

- name: standard_assessment_valuation_rate
  kind: parameter
  dtype: Rate
  source: Colo. Rev. Stat. § 39-7-102(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-7-102
            excerpt: eighty-seven and one-half percent
  versions:
    - effective_from: '0001-01-01'
      formula: '0.875'

recovery_or_recycling_project_assessment_valuation_rate

Parameter

source: Colo. Rev. Stat. § 39-7-102(2)

- name: recovery_or_recycling_project_assessment_valuation_rate
  kind: parameter
  dtype: Rate
  source: Colo. Rev. Stat. § 39-7-102(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-7-102
            excerpt: seventy-five percent
  versions:
    - effective_from: '0001-01-01'
      formula: '0.75'

oil_and_gas_leasehold_or_land_assessed_value

Derived

source: Colo. Rev. Stat. § 39-7-102(1)-(2)

- name: oil_and_gas_leasehold_or_land_assessed_value
  kind: derived
  entity: Asset
  dtype: Money
  unit: USD
  period: Year
  source: Colo. Rev. Stat. § 39-7-102(1)-(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-7-102
            excerpt: shall value such oil and gas leaseholds and lands for assessment, as real property
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        (if leasehold_or_land_employs_conserving_secondary_tertiary_recovery_or_recycling_project:
          recovery_or_recycling_project_assessment_valuation_rate
        else:
          standard_assessment_valuation_rate)
        * (preceding_calendar_year_wellhead_sales_price_excluding_governmental_royalties

        +
        preceding_calendar_year_same_field_sales_price_for_transported_unsold_oil_or_gas_excluding_governmental_royalties)

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Valuation for assessment

3 rules0 of 2 subsections

Official source

graph ↗build calculator ↗

in view

Whole section

Encodings · 3

standard_assessment_valuation_rateCO 39 § 39-7-102 · parameter

Colo. Rev. Stat. § 39-7-102(1)

name: standard_assessment_valuation_rate
kind: parameter
dtype: Rate
source: Colo. Rev. Stat. § 39-7-102(1)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-7-102
          excerpt: eighty-seven and one-half percent
versions:
  - effective_from: '0001-01-01'
    formula: '0.875'

recovery_or_recycling_project_assessment_valuation_rateCO 39 § 39-7-102 · parameter

Colo. Rev. Stat. § 39-7-102(2)

name: recovery_or_recycling_project_assessment_valuation_rate
kind: parameter
dtype: Rate
source: Colo. Rev. Stat. § 39-7-102(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-7-102
          excerpt: seventy-five percent
versions:
  - effective_from: '0001-01-01'
    formula: '0.75'

oil_and_gas_leasehold_or_land_assessed_valueCO 39 § 39-7-102 · derived

Colo. Rev. Stat. § 39-7-102(1)-(2)

name: oil_and_gas_leasehold_or_land_assessed_value
kind: derived
entity: Asset
dtype: Money
unit: USD
period: Year
source: Colo. Rev. Stat. § 39-7-102(1)-(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-7-102
          excerpt: >-
            shall value such oil and gas leaseholds and lands for assessment, as
            real property
versions:
  - effective_from: '0001-01-01'
    formula: >-
      (if
      leasehold_or_land_employs_conserving_secondary_tertiary_recovery_or_recycling_project:
        recovery_or_recycling_project_assessment_valuation_rate
      else:
        standard_assessment_valuation_rate)
      *
      (preceding_calendar_year_wellhead_sales_price_excluding_governmental_royalties

      +
      preceding_calendar_year_same_field_sales_price_for_transported_unsold_oil_or_gas_excluding_governmental_royalties)

▸rulespec code

Shown source

statutes/39/39-7-102.yaml

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Rules

standard_assessment_valuation_rate

Parameter

source: Colo. Rev. Stat. § 39-7-102(1)

- name: standard_assessment_valuation_rate
  kind: parameter
  dtype: Rate
  source: Colo. Rev. Stat. § 39-7-102(1)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-7-102
            excerpt: eighty-seven and one-half percent
  versions:
    - effective_from: '0001-01-01'
      formula: '0.875'

recovery_or_recycling_project_assessment_valuation_rate

Parameter

source: Colo. Rev. Stat. § 39-7-102(2)

- name: recovery_or_recycling_project_assessment_valuation_rate
  kind: parameter
  dtype: Rate
  source: Colo. Rev. Stat. § 39-7-102(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-7-102
            excerpt: seventy-five percent
  versions:
    - effective_from: '0001-01-01'
      formula: '0.75'

oil_and_gas_leasehold_or_land_assessed_value

Derived

source: Colo. Rev. Stat. § 39-7-102(1)-(2)

- name: oil_and_gas_leasehold_or_land_assessed_value
  kind: derived
  entity: Asset
  dtype: Money
  unit: USD
  period: Year
  source: Colo. Rev. Stat. § 39-7-102(1)-(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-7-102
            excerpt: shall value such oil and gas leaseholds and lands for assessment, as real property
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        (if leasehold_or_land_employs_conserving_secondary_tertiary_recovery_or_recycling_project:
          recovery_or_recycling_project_assessment_valuation_rate
        else:
          standard_assessment_valuation_rate)
        * (preceding_calendar_year_wellhead_sales_price_excluding_governmental_royalties

        +
        preceding_calendar_year_same_field_sales_price_for_transported_unsold_oil_or_gas_excluding_governmental_royalties)

(1) Except as provided in subsection (2) of this section, on the basis of the information contained in such statement, the assessor shall value such oil and gas leaseholds and lands for assessment, as real property, at an amount equal to eighty-seven and one-half percent of:

(a)The selling price of the oil or gas sold from each…#

(a) The selling price of the oil or gas sold from each wellhead during the preceding calendar year, after excluding the selling price of all oil or gas delivered to the United States government or any agency thereof, the state of Colorado or any agency thereof, or any political subdivision of the state as royalty during the preceding calendar year;

(b)The selling price of oil or gas sold in the same field…#

(b) The selling price of oil or gas sold in the same field area for oil or gas transported from the premises which is not sold during the preceding calendar year, after excluding the selling price of all oil or gas delivered to the United States government or any agency thereof, the state of Colorado or any agency thereof, or any political subdivision of the state as royalty during the preceding calendar year.

(2) In order to promote the initiation or continuation of secondary recovery, tertiary recovery, or recycling projects which conserve and avoid waste of oil and gas, the assessor shall value oil and gas leaseholds and lands employing such projects for assessment as provided in subsection (1) of this section but at an amount equal to seventy-five percent of:

(a) The selling price of the oil or gas sold therefrom during the preceding calendar year, after excluding the selling price of all oil or gas delivered to the United States government or any agency thereof, the state of Colorado or any agency thereof, or any political subdivision of the state as royalty during the preceding calendar year;