(1) Forty-eight percent of the purchase price of a manufactured home, as defined in section 42-1-102 (106)(b), is exempt from taxation under part 1 of this article 26; except that the entire purchase price in any subsequent sale of such a manufactured home, after it has been once subject to the payment of sales tax by virtue of section 39-26-113, is exempt from taxation under part 1 of this article 26.
The storage, use, or consumption of a manufactured home, as defined in section 421-102 (106)(b), after the manufactured home has been once subject to the payment of use tax by virtue of section 39-26-208, is exempt from taxation under part 2 of this article 26.
Beginning July 1, 2019, the sale, storage, usage, or consumption of a manufacturedhome, as defined in section 39-1-102 (7.8), is exempt from taxation under parts 1 and 2 of this article 26.
Source: L. 2004: Entire part added with relocations, p. 1036, § 2, effective July 1. L. 2018: (3) added, (HB 18-1315), ch. 240, p. 1496, § 1, effective August 8. L. 2019: (1) and (2) amended, (HB 19-1011), ch. 9, p. 37, § 2, effective September 1.
Editor's note: Subsection (1) is similar to former § 39-26-114 (10), and subsection (2) is similar to former § 39-26-203 (1)(o), as they existed prior to 2004.
Cross references: For the legislative declaration in HB 19-1011, see section 1 of chapter 9, Session Laws of Colorado 2019.