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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateColorado
Effected JurisdictionColorado
Jurisdiction type: State
Fiscal year ending In2018
Program nameColorado Enterprise Zone (EZ) Contribution Tax Credits
Program purpose: General Economic Development (EZ)
Statutory authority: Colorado Revised Statutes (CRS) Section 39-30-103.5
Abating jurisdiction(s): State of Colorado
Applicable taxesIncome Tax
Method of abatement: Tax Credit
Provisions for recapture: The provision for recapturing abated taxes would be an income tax return audit conducted by the Department of Revenue.
Gross revenue loss: $14,567,000
Reimbursement / offset: $0
Net revenue loss: $14,567,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://osc.colorado.gov/financial-operations/financial-reports/acfr