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: | Job 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 taxes: | Income Tax |
Method of abatement: | Tax Credit |
Provisions for recapture: | Income tax return audit conducted by the Department of Revenue |
Gross revenue loss: | $26,684,100 |
Reimbursement / offset: | $0 |
Net revenue loss: | $26,684,100 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://osc.colorado.gov/financial-operations/financial-reports/acfr |