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:
2018
Program name:
Job Growth Incentive Tax Credit
Program purpose
:
Job creation/retention

Statutory authority
:
Colorado Revised Statutes (CRS) Section 39-22-531

Abating jurisdiction(s)
:
State of Colorado

Applicable taxes:
Income Tax
Method of abatement
:
Tax credit

Provisions for recapture
:
The provision for recapturing abated taxes would be an income tax return audit conducted by the Department of Revenue.

Gross revenue loss
:
$6,885,000

Reimbursement / offset
:
$0

Net revenue loss
:
$6,885,000

Type of loss
:
Active

Additional notes on dislosure:
(none)