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.
| State or Territory: | Colorado |
| Effected Jurisdiction: | Colorado |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2020 |
| Program name: | Colorado 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 taxes: | Business Income Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | Income tax return audit conducted by the Department of Revenue |
| Gross revenue loss: | $92,240,300 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $92,240,300 |
| Type of loss: | Active |
| Additional notes on dislosure: | Includes: 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 source: | https://osc.colorado.gov/financial-operations/financial-reports/acfr |
