TCI Satellite Entertainment, Inc. v. Board of Equalization
In TCI Satellite Entertainment, Inc. v. Board of Equalization, P.2d (Colo. App. No. 99CA0975, April 13, 2000) the Court addressed the same statutory construction issues involving 39-3-119.5, and rejected the PTA's most recent interpretation concerning the application of these exemption provisions.
The division in TCI Satellite held that, under both the plain language and the legislative history of 39-3-119.5, the statutory $ 2,500 exemption threshold must be applied on a "per schedule" basis and not on a "per business location" basis.