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Current as of January 01, 2022 | Updated by FindLaw Staff
Any acquisitions of real property made by a state agency pursuant to this article shall be subject to payments in lieu of taxes to counties in which said acquisitions are made. Such payments shall be made from moneys made available by the Trust Fund, and shall not exceed the rate of taxation for comparable property classifications.
Cite this article: FindLaw.com - Colorado Constitution of 1876 Art. XXVII, § 10. Payment in lieu of taxes - last updated January 01, 2022 | https://codes.findlaw.com/co/colorado-constitution-of-1876/co-const-art-xxvii-sect-10/
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