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.

State: 
Colorado
Reporting Jurisdiction: 
Colorado
Jurisdiction type
State
Fiscal year ending In: 
2020
Program name: 
Colorado Enterprise Zone (EZ) Business Tax Credits
Program purpose
Business attraction/retention
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