Colorado Revised Statutes Title 39. Taxation § 39-3-126.5. Mobile homes--low-value--exemption--legislative declaration--definition

(a) Mobile homes are unique properties that are subject to the ad valorem tax as if they are real property, but the tax is collected as if they are personal property;

(b) The actual value of mobile homes can be quite low compared to other residential real property improvements;

(c) For these low-value mobile homes, the actual collection costs attributable to a county assessor and county treasurer may exceed the total amount of taxes collected;

(d) If the taxes owed on these mobile homes become delinquent, then all of the additional collection costs may exceed the taxes owed; and

(e) This exemption will only have a de minimis impact on local government revenues.