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HB17-1356

Treat Economic Development Income Tax Credits Differently

Type Bill
Session 2017 Regular Session
Subjects
Fiscal Policy & Taxes

Concerning the temporary authority of the Colorado economic development commission to allow certain businesses to treat specific existing income tax credits differently.

Bill Summary:

The bill allows the Colorado economic development commission to allow certain businesses that make a strategic capital investment in the state, subject to a maximum amount, and subject to the requirements of the specified income tax credits, to treat any of the following income tax credits allowed to the business as either carryforwardable for a five-year period or as transferable:

  • Colorado job growth incentive tax credit;
  • Enterprise zone income tax credit for investment in certain property;
  • Income tax credit for new enterprise zone business employees; and
  • Enterprise zone income tax credit for expenditures for research and experimental activities.
    (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
05/24/2017 Signed Act PDF
05/23/2017 Final Act PDF
05/10/2017 Rerevised PDF
05/09/2017 Revised PDF
05/01/2017 Reengrossed PDF
04/28/2017 Engrossed PDF
04/24/2017 Introduced PDF
Date Version Documents
04/28/2017 PA1 PDF
Date Version Documents
09/05/2017 FN2 PDF
04/26/2017 FN1 PDF
Date Version Documents
05/08/2017 SA2 PDF
04/28/2017 SA1 PDF
Activity Vote Documents
Refer House Bill 17-1356 to the Committee of the Whole. The motion passed on a vote of 4-3. Vote summary
Activity Vote Documents
Refer House Bill 17-1356 to the Committee on Appropriations. The motion passed on a vote of 4-1. Vote summary
Activity Vote Documents
Adopt amendment J.001 The motion passed without objection. Vote summary
Refer House Bill 17-1356, as amended, to the Committee of the Whole. The motion passed on a vote of 9-4. Vote summary
Activity Vote Documents
Adopt amendment L.001 (Attachment A). The motion passed without objection. Vote summary
Adopt amendment L.002 (Attachment B). The motion passed without objection. Vote summary
Refer House Bill 17-1356, as amended, to the Committee on Appropriations. The motion passed on a vote of 12-0. Vote summary
Date Calendar Motion Vote Vote Document
05/10/2017 Third Reading BILL
24
AYE
11
NO
0
OTHER
Vote record
Date Calendar Motion Vote Vote Document
05/01/2017 Third Reading BILL
46
AYE
19
NO
0
OTHER
Vote record
Date Location Action
05/24/2017 Governor Governor Signed
05/24/2017 Governor Sent to the Governor
05/23/2017 Senate Signed by the President of the Senate
05/22/2017 House Signed by the Speaker of the House
05/10/2017 Senate Senate Third Reading Passed - No Amendments
05/09/2017 Senate Senate Second Reading Special Order - Passed - No Amendments
05/08/2017 Senate Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
05/04/2017 Senate Senate Committee on Finance Refer Unamended to Appropriations
05/01/2017 Senate Introduced In Senate - Assigned to Finance + Appropriations
05/01/2017 House House Third Reading Passed - No Amendments
04/28/2017 House House Second Reading Special Order - Passed with Amendments - Committee, Floor
04/28/2017 House House Committee on Appropriations Refer Amended to House Committee of the Whole
04/26/2017 House House Committee on Finance Refer Amended to Appropriations
04/24/2017 House Introduced In House - Assigned to Finance
Effective Date Chapter # Title Documents
05/24/2017 237 Treat Econ Dev Income Tax Credits Differently PDF