§ 39-30-108. Rules and Regulations
In accordance with article 4 of title 24, C.R.S., the executive director of the department of revenue shall promulgate rules and regulations for the implementation of sections 39-30-103.5 to 39-30-107.5. In accordance with article 4 of title 24, C.R.S., the commissioner of insurance shall promulgate rules and regulations for the implementation of section 39-30-107.6. Source: […]
§ 39-30-110. Electronic Submissions
The Colorado office of economic development shall collaborate with the Colorado economic development commission and the department of revenue to develop the capability to allow taxpayers that intend to claim one or more income tax credits pursuant to this article to obtain any necessary certification, including precertification requirements, from the enterprise zone administrator in an […]
§ 39-30-111. Department of Revenue – Enterprise Zone Data – Electronic Filing – Submission of Carryforward Schedule
For the 2012 income tax year and each income tax year thereafter, any taxpayer that claims one or more income tax credits pursuant to this article 30 shall file a state income tax return with the department of revenue in an electronic format. For the 2012 income tax year and each income tax year thereafter, […]
§ 39-30-112. Data Provided to Department of Revenue
On or before September 30 of each calendar year, the director of the Colorado office of economic development or the director’s designee shall transmit to the department of revenue the data regarding income tax credits allowed pursuant to this article that are certified by enterprise zone administrators from January 1 through June 30 of the […]
§ 39-30-107.6. Parallel Credits and Refunds – Insurance Premium Taxes
Any taxpayer who is subject to the tax on insurance premiums established by sections 10-3-209, 10-5-111, and 10-6-128, C.R.S., and who is therefore exempt from the payment of income tax and who is otherwise eligible to claim a credit or refund pursuant to this article may claim such credit or refund against such insurance premium […]
§ 39-30-101. Short Title
This article shall be known and may be cited as the “Urban and Rural Enterprise Zone Act”. Source: L. 86: Entire article added, p. 1139, § 1, effective July 1.
§ 39-30-102. Legislative Declaration
The general assembly hereby finds and declares: That the health, safety, and welfare of the people of this state are dependent upon the continued encouragement, development, and expansion of opportunities for employment in the private sector in this state; That there currently exist in this state both rural and urban areas which require new employment […]
§ 39-30-103. Zones Established – Review – Termination
Any municipality, county, or group of contiguous municipalities or counties may propose an area of such municipality, county, or group of municipalities or counties to be designated as an enterprise zone if the area has a population of no more than one hundred fifteen thousand persons as calculated pursuant to subsection (1.3) of this section, […]
§ 39-30-103.2. Enhanced Rural Enterprise Zones – Criteria – Termination
The portion of any county within an enterprise zone designated pursuant to section 39-30-103 shall be designated as an enhanced rural enterprise zone if the county that contains the area to be so designated meets two or more of the following criteria: The county has an unemployment rate at least fifty percent above the state […]
§ 39-30-103.5. Credit Against Tax – Contributions to Enterprise Zone Administrators to Implement Economic Development Plans
Any taxpayer who makes a monetary or in-kind contribution for the purpose of implementing the economic development plan for the enterprise zone to the person or agency designated as the enterprise zone administrator by the Colorado economic development commission, shall be allowed a credit against the income tax imposed by article 22 of this title […]