Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu
HB24-1116

Extend Contaminated Land Income Tax Credit

Concerning the extension of the contaminated land state income tax credit.
Session:
2024 Regular Session
Subject:
Fiscal Policy & Taxes
Bill Summary

The act extends for an additional 5 years the availability of the state income tax credit allowed to a taxpayer for an approved environmental remediation of contaminated property, through income tax years commencing prior to January 1, 2030.

APPROVED by Governor June 4, 2024

EFFECTIVE August 7, 2024
(Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

Menu

Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. S. Bird, Rep. M. Bradfield
Sen. B. Kirkmeyer, Sen. K. Mullica

Sponsor

Co-sponsor

Rep. M. Duran, Rep. J. Joseph, Rep. C. Kipp, Rep. S. Lieder, Rep. B. Marshall, Rep. J. Marvin, Rep. J. McCluskie, Rep. J. Parenti, Rep. M. Snyder, Rep. B. Titone
Sen. J. Bridges, Sen. L. Cutter, Sen. D. Michaelson Jenet, Sen. K. Priola

August 2024 Special Session Deadlines and Guidelines are available here

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details