Colorado Code
Part 11 - Volunteer Firefighter Pension Act
§ 31-30-1102. Definitions

As used in this part 11, unless the context otherwise requires:

(7.5) "Previous net valuation" means an amount equal to the total valuation for assessment certified by the county assessor pursuant to section 39-5-128, C.R.S., and amended pursuant to section 39-1-111 (5), C.R.S., less the valuation for assessment that has been divided for an urban renewal area pursuant to section 31-25-107 (9) or for a downtown development authority pursuant to section 31-25-807 (3) for the property tax year in which the municipality or district made a contribution to the fund. If the total valuation for assessment certified by the county assessor, as amended, does not include the valuation for assessment that has been divided for an urban renewal area, such urban renewal valuation for assessment shall not be subtracted from the total valuation for assessment.

Source: L. 95: Entire part added, p. 1364, § 2, effective June 5. L. 96: (3) amended, p. 941, § 5, effective May 23. L. 2006: (7.5) added, p. 1422, § 1, effective June 1. L. 2007: (2), (4), and (9) amended, p. 315, § 1, effective April 2. L. 2010: (9) amended, (SB 10-021), ch. 17, p. 79, § 1, effective August 11.
Cross references: (1) For the internal revenue code referred to in subsection (9)(b)(IV), see the federal "Internal Revenue Code of 1986", as amended.
(2) For the federal "Fair Labor Standards Act of 1938", see 29 U.S.C. sec. 201 et seq.