HB-1137 Concerning the Acquisition of Property by the Wildlife Commission (Sonnenberg/Brophy)

Posted on January 28, 2008 in Colorado Legislation

Background: Requires the wildlife commission to sell land or water, or an interest in land or water, of equal or greater value when the commission acquires land or water, or an interest in land or water, by gift, transfer, devise, or purchase so that the division's total property assets do not grow above the division's total property assets as of a specified date. Requires the commission to annually pay to any local government or public body corporate that is authorized to levy taxes upon land or water, or an interest in land or water, purchased by the commission a payment in lieu of taxes equal to the amount of tax the taxing entity would annually receive if the land or water, or interest in land or water, were owned by any private person or corporation. Requires the commission to seek approval by the general assembly, acting by bill, of every purchase of any fee title interest in real property or any interest in water. Removes any requirement that the wildlife commission report to the capital development committee.
Most Recent Action: Killed in House Ag 2/6
Position: Monitor