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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 nameJob Growth Incentive Tax Credits
Program purpose: Job Creation/Retention
Statutory authority: Section 39-22-531 of the Colorado Revised Statutes
Abating jurisdiction(s): State of Colorado
Applicable taxesIncome Tax
Method of abatement: Tax Credit
Provisions for recapture: Income tax return audit conducted by the Department of Revenue
Gross revenue loss: $49,299,400
Reimbursement / offset: $0
Net revenue loss: $49,299,400
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://drive.google.com/file/d/1ZvDTplzWvF_0enjB6q33VThTYk69L_BZ/view