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: 
Job Growth Incentive Tax Credits
Program purpose
Job creation
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)