(2) It is the intent of the general assembly that, for the duration of the taxation compact set forth in this article, with respect to the taxes and charges imposed pursuant to article 29 of title 39, C.R.S., concerning severance taxes, article 60 of title 34, C.R.S., concerning the conservation levy and environmental response fund surcharge, and article 1 of title 39, C.R.S., concerning ad valorem property taxes, the payments established pursuant to said taxation compact on property described in said taxation compact shall be made as an alternative to said taxes, charges, surcharges, and levies.
Source: L. 96: Entire article added, p. 1705, § 1, effective June 3. L. 2000: (1)(c) and (2) amended, p. 1863, § 83, effective August 2. L. 2005: (2) amended, p. 771, § 45, effective June 1.