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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 In2022
Program nameColorado Enterprise Zone (EZ) Business Tax Credits
Program purpose: Business attraction/retention/expansion
Statutory authority: Article 30 of Title 39 of the Colorado Revised Statutes (C.R.S.)
Abating jurisdiction(s): State of Colorado
Applicable taxesBusiness Income Tax
Method of abatement: Tax Credit
Provisions for recapture: Income tax return audit conducted by the Department of Revenue
Gross revenue loss: $103,915,200
Reimbursement / offset: $0
Net revenue loss: $103,915,200
Type of loss: Active
Additional notes on dislosureIncludes: Investment Tax Credit, Commercial Vehicles Investment Tax Credit, Job Training Tax Credit, New Employee Credit, Agricultural Processor New Employee Credit, Employer Sponsored Health Insurance Credit, Research and Development Increase Tax Credit, Vacant Commercial Building Rehabilitation Tax Credit
Document sourcehttps://drive.google.com/file/d/1ZvDTplzWvF_0enjB6q33VThTYk69L_BZ/view