Title 24, Government - State
0 chapters · 2,521 sections in this title.
Colo. Rev. Stat. § 24-46-101 Legislative declaration
0.9K chars
The general assembly hereby finds and declares that, in light of current economic conditions in Colorado, it is in the best interests of the people of this state that measures be taken to encourage, promote, and stimulate economic development and employment in Colorado. To that e…
Colo. Rev. Stat. § 24-46-101.5 Definitions
3.4K chars
As used in this article 46, unless the context otherwise requires: (1) Commission means the Colorado economic development commission created in section 24-46-102 (1). (2) Fund means the Colorado economic development fund created in section 24-46-105 (1)(a). Source: L. 2025: Entir…
Colo. Rev. Stat. § 24-46-102 Colorado economic development commission - creation - membership - subcommittee
4.4K chars
(1) There is created the Colorado economic development commission in the Colorado office of economic development. (2) (a) The commission consists of the governor or the governor’s designee and ten members who shall be appointed as follows: (I) Four members appointed by the govern…
Colo. Rev. Stat. § 24-46-103 Commission - organization - meetings
0.5K chars
(1) The commission shall adopt its own rules of procedure, shall elect a chairman and a vice-chairman from its membership, and shall keep a record of its proceedings. (2) The commission shall meet at least once each quarter. Members shall serve without compensation but shall be e…
Colo. Rev. Stat. § 24-46-104 Powers and duties of commission
26.8K chars
(1) The commission has the following powers and duties: (a) To adopt an annual budget; (b) To develop operating guidelines relating to the manner and forms of financial assistance such as loans, grants, and local match requirements to be provided for various types of projects; (c…
Colo. Rev. Stat. § 24-46-104.3 Transferable income tax credits for certain businesses located in the state - definitions
21.8K chars
(1) As used in this section, unless the context otherwise requires: (a) “Business” means a person doing business in the state. (b) “Department” means the Colorado department of revenue. (c) “Income tax credit” means the income tax credits allowed to a business no sooner than the …
Colo. Rev. Stat. § 24-46-104.5 Statewide enterprise zone - existing enterprise zones - recommendations to the general assembly - repeal. (Repealed)
0.5K chars
C.R.S. 24-46-104.5Statutes current through Chapter 65 of the 2026 Regular Session, effective as of April 20, 2026. The text of this section is not final. It will not be final until compared to, and updated from, the text provided by the Colorado Office of Legislative Legal Servic…
Colo. Rev. Stat. § 24-46-105 Colorado economic development fund - creation - report - repeal
22.2K chars
(1) (a) There is hereby created a fund to be known as the Colorado economic development fund, which shall be administered by the commission and which consists of all money that may be available to the commission. The commission may transfer to the fund any general fund money appr…
Colo. Rev. Stat. § 24-46-105.1 Reporting requirement - new jobs created
13.4K chars
(1) Every private person or entity that receives a grant or loan from the commission pursuant to this article, awarded in part or in whole on the basis of the person's or entity's creation of full-time permanent new jobs with wage requirements shall file a progress report with th…
Colo. Rev. Stat. § 24-46-105.3 Economic development incentives - employers in compliance with federal law - legislative declaration
4.0K chars
(1) The general assembly hereby finds and declares that the commission encourages, promotes, and stimulates economic development and employment in Colorado by awarding economic development incentives to employers in the form of grants, loans, and performance-based incentives. The…
Colo. Rev. Stat. § 24-46-105.5 Local economic development - participation in federal programs
0.3K chars
Any local government may participate in federal programs to develop new business, expand existing business, or promote economic development within its jurisdiction. Any local government participating in such programs may enter into contracts for the administration of such program…
Colo. Rev. Stat. § 24-46-105.7 Performance-based incentive for new job creation - new jobs incentives cash fund
5.5K chars
(1) (Deleted by amendment, L. 2008, p. 943, § 1, effective August 5, 2008.) (2) On or after January 1, 2006, but prior to January 1, 2011, any employer that satisfies the criteria that the commission has established for an employer to qualify for a grant or a loan from the commis…
Colo. Rev. Stat. § 24-46-105.8 Performance-based incentive for film production in Colorado - film incentives cash fund - definitions
0.2K chars
(1) to (3) (Deleted by amendment, L. 2009, (HB 09-1010), ch. 419, p. 2332, § 3, effective July 1, 2009.) (4) Repealed. (5) and (6) (Deleted by amendment, L. 2009, (HB 09-1010), ch. 419, p. 2332, § 3, effective July 1, 2009.)
Colo. Rev. Stat. § 24-46-106 Repeal of part
22.6K chars
This part 1 is repealed, effective July 1, 2035. Source: L. 87: Entire article added, p. 1027, � 1, effective July 8. L. 89: Entire section amended, p. 340, � 5, effective June 7. L. 91: Entire section amended, p. 825, � 3, effective March 29. L. 93: Entire section amended, p. 47…
Colo. Rev. Stat. § 24-46-107 Temporary extension of carry-forward provisions - Colorado job growth incentive tax credit - enterprise zone tax credits - definitions - repeal
11.1K chars
(1) As used in this section, unless the context otherwise requires: (a) “Office” means the Colorado office of economic development created in section 24-48.5-101. (b) (I) “Taxpayer” means any person doing business in the state, including an affiliated group, that operates in a st…
Colo. Rev. Stat. § 24-46-108 Refundable income tax credits for certain businesses located in the state - definitions - repeal
35.4K chars
(1) As used in this section, unless the context otherwise requires: (a) “Advanced manufacturing” means the use of innovative technologies and processes to enhance existing and create new products, including, but not limited to, production activities that depend on automation, com…
Colo. Rev. Stat. § 24-46-201 Definitions
29.4K chars
As used in this part 2, unless the context otherwise requires: (1) Authority means the venture capital authority created in section 24-46-202. (2) Certified capital means an amount of cash that is contributed by a qualified taxpayer to the authority that is deposited in a venture…
Colo. Rev. Stat. § 24-46-202 Venture capital authority - board - staffing fund - bonds - enterprise fund - distribution of proceeds
21.7K chars
(1) (a) There is hereby created as a special purpose authority, as defined in section 24-77-102 (15), the venture capital authority. The authority shall be a body corporate, a political subdivision of the state, and a public instrumentality, and its exercise of the powers conferr…
Colo. Rev. Stat. § 24-46-203 Venture capital funds - managers - qualified investments - contract - distributions
16.1K chars
(1) The authority shall establish procedures and additional selection criteria for, and shall conduct, a competitive process for the selection of one or more fund managers to establish and manage one or more rural venture capital funds and to establish and manage one or more stat…
Colo. Rev. Stat. § 24-46-204 Venture capital tax credits - contributions to authority - report
7.3K chars
(1) For tax years commencing on or after January 1, 2005, but no later than January 1, 2014, and subject to the requirements and limitations of this section, there shall be allowed to any qualified taxpayer a venture capital tax credit to be used against the taxpayer's premium ta…
Colo. Rev. Stat. § 24-46-205 Administrative expenses
0.3K chars
All direct and indirect expenditures incurred by the authority in carrying out the responsibilities assigned in this part 2 shall be paid from the enterprise fund without the necessity of an appropriation by the general assembly. Source: L. 2004: Entire part added, p. 42, � 8, ef…
Colo. Rev. Stat. § 24-46-206 Office - report
0.5K chars
The office of economic development shall assist the authority in administering this part 2. The authority shall submit a report to the state auditor on May 1 of each year regarding the results of the implementation of this part 2. Source: L. 2004: Entire part added, p. 42, � 8, e…
Colo. Rev. Stat. § 24-46-207 Conflict of interest
0.8K chars
No member or employee of the executive branch shall become an officer, director, employee, or consultant of or receive any compensation from the authority or a fund manager either during the term of the member or employee's employment with the executive branch or for six years af…
Colo. Rev. Stat. § 24-46-301 Short title
0.2K chars
This part 3 shall be known and may be cited as the Colorado Regional Tourism Act. Source: L. 2009: Entire part added, (SB 09-173), ch. 434, p. 2403, � 1, effective June 4.
Colo. Rev. Stat. § 24-46-302 Legislative declaration
1.2K chars
(1) The general assembly hereby finds and declares that: (a) The health, safety, and welfare of the people of the state of Colorado are enhanced by a diverse revenue stream, and the people of the state would benefit from an expansion of opportunities for investment in large-scale…
Colo. Rev. Stat. § 24-46-303 Definitions
8.1K chars
As used in this part 3, unless the context otherwise requires: (1) Base year revenue means the state sales tax revenue collected during the twelve-month period immediately prior to the month in which a regional tourism project is authorized, as determined by the department of rev…
Colo. Rev. Stat. § 24-46-304 Regional tourism project - application - requirements
21.7K chars
(1) Any local government may apply for approval of a regional tourism project, including designation of a regional tourism zone, the creation of a regional tourism authority, and designation of a financing entity to receive, utilize, and disburse state sales tax increment revenue…
Colo. Rev. Stat. § 24-46-305 Regional tourism project approval - director - commission - review
8.4K chars
(1) Upon receipt of a local government’s application for a regional tourism project, the director or the director’s designee shall review the application and shall make an initial determination regarding whether the application has met the criteria for a regional tourism project …
Colo. Rev. Stat. § 24-46-306 Regional tourism authority - board - creation - powers and duties
10.6K chars
(1) The commission shall not deny a request to authorize the creation of a regional tourism authority if the commission otherwise approves an application for a regional tourism project that includes a request for the formation of a regional tourism authority. (2) A regional touri…
Colo. Rev. Stat. § 24-46-307 State sales tax increment revenue
2.0K chars
(1) In order to implement the collection of state sales tax increment revenue, the resolution adopted by the commission approving a regional tourism project shall state that state sales taxes, if any, levied and collected after the effective date of the commission's approval of t…
Colo. Rev. Stat. § 24-46-308 Annual report - audit
4.7K chars
(1) Within ninety days of the end of the first full state fiscal year after the commission approves a regional tourism project and on the same date each year thereafter, the financing entity shall prepare and submit to the commission an annual report detailing the total amount of…
Colo. Rev. Stat. § 24-46-309 Commencement of development
2.4K chars
(1) Substantial work on a regional tourism project, including but not limited to the financing entity's issuance of bonds or other debt instruments, the repayment of which is secured by a pledge of the state sales tax increment revenue or the commencement of actual development or…
Colo. Rev. Stat. § 24-46-310 Issuance of bonds by a financing entity
7.7K chars
(1) A financing entity may issue bonds from time to time in its discretion to finance any eligible improvements with respect to a regional tourism project and may also issue refunding or other bonds of the financing entity from time to time in its discretion for the payment, reti…