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: 
2019
Program name: 
Job Growth Incentive Tax Credit
Program purpose
Job creation
Statutory authority
Section 39-22-531 C.R.S.
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
$16,215,600
Reimbursement / offset
$0
Net revenue loss
$16,215,600
Type of loss
Active
Additional notes on dislosure: 
(none)