For income tax years commencing on or after January 1, 2014, but prior to January 1, 2023, there is allowed a credit against the income taxes imposed by this article for any approved environmental remediation of contaminated property to any taxpayer who meets the following requirements: The property where the environmental remediation takes place must […]
As used in this section, unless the context otherwise requires: “Labor services” means the physical performance of services in this state. “Unauthorized alien” shall have the same meaning as set forth in 8 U.S.C. sec. 1324a (h)(3), as amended. On or after January 1, 2008, no wages or remuneration for labor services paid to an […]
As used in this section, unless the context otherwise requires: “Designated county” means the counties of Adams, Arapahoe, El Paso, Jefferson, Logan, Montrose, and Morgan. “Developmental disability” has the same meaning as “intellectual and developmental disability” as set forth in section 25.5-10-202, C.R.S., and in the rules adopted by the department of health care policy […]
As used in this section, unless the context otherwise requires: “Affiliated group” means one or more chains of persons connected through stock or other ownership interests with a person if: One or more of the other persons in the chain owns interests possessing more than fifty percent of the voting power of all classes of […]
As used in this section, unless the context otherwise requires: “Advanced industry investment tax credit” or “tax credit” means the credit against income tax created in this section. “Qualified investment” shall have the same meaning as set forth in section 24-48.5-112 (1)(e), C.R.S. “Qualified investor” shall have the same meaning as set forth in section […]
As used in this section, unless the context otherwise requires: “Board” means the Colorado water conservation board created in section 37-60-102, C.R.S. “Credit certificate” means a statement issued by the board certifying that a given water right donation qualifies for the credit authorized in this section and specifying the amount of the credit allowed. “Department” […]
For tax years commencing on or after January 1, 2013, a person who buys a registration number under section 24-30-2206 is allowed a credit against the income taxes imposed by this article 22 for twenty percent of the portion of the purchase price that the Colorado disability funding committee, created in section 24-30-2203, certifies exceeds […]
As used in this section: “Food bank” means a charitable organization exempt from federal income taxation under the provisions of the internal revenue code that annually distributes over ten million pounds of food and nonfood essentials to hunger-relief programs. “Food contribution” means a contribution by a taxpayer of food usable for human beings, such as […]
The general assembly declares that the purpose of the tax expenditure in this section is to minimize the negative impact of the business personal property tax on businesses. As used in this section, unless the context otherwise requires: “Property tax” means the ad valorem tax imposed pursuant to section 3 of article X of the […]
The general assembly finds, determines, and declares that: It is vital to the well-being, quality of life, and economic development of the entire state that excellent health care be available in all regions of the state, including rural and frontier areas; Rural areas of the state currently suffer from a shortage of primary health- care […]
The general assembly hereby finds and declares that the qualified state tuition savings program administered by collegeinvest helps empower families to save for higher education and enables residents to further educational opportunities and pursue professional goals. The purpose of this section is to provide an incentive for employers to help their employees enhance education savings […]
The general assembly hereby finds and declares that: Nearly two thousand four hundred Coloradans are currently on the waiting list for lifesaving organ transplants, and ninety-six percent of those people could receive an organ, such as a kidney or liver, from a living donor; Last year, two hundred fifty-eight Coloradans died or became too sick […]
The general assembly hereby finds and declares that the intended purpose of the tax credit created in this section is to make retrofitting a residence for health, welfare, and safety reasons more affordable. As used in this section: “Dependent” means: A qualifying child or qualifying relative as defined in sections 152 (c) and 152 (d), […]
Legislative declaration. The general assembly hereby finds and declares that: The purpose of this section is to provide an incentive for small businesses to establish employee stock ownership plans or employee ownership trusts, or to convert to a worker-owned cooperative; An employee stock ownership plan allows companies to share ownership with employees without requiring employees […]
