C.R.S. Section 39-22-554
Heat pump technology and thermal energy network tax credit

  • tax preference performance statement
  • definitions
  • repeal

(1)

Intentionally left blank —Ed.

(a)

In accordance with section 39-21-304 (1), which requires each bill that creates a new tax expenditure to include a tax preference performance statement as part of a statutory legislative declaration, the general assembly finds and declares that the purpose of the tax credit provided in this section is to induce certain designated behavior by taxpayers and to provide a reduction in income tax liability for certain businesses or individuals by providing a financial incentive for the installation of heat pump technology and the use of heat pump technology and thermal energy networks.

(b)

The general assembly and the state auditor shall measure the effectiveness of the credit in achieving the purpose specified in subsection (1)(a) of this section based on the number and value of the credits claimed.

(2)

Definitions.
As used in this section, unless the context otherwise requires:

(a)

Intentionally left blank —Ed.

(I)

“Air-source heat pump system” means a system that:

(A)

Is certified pursuant to the federal environmental protection agency’s energy star program;

(B)

Has a variable speed compressor; and

(C)

Is listed in the air-conditioning, heating, and refrigeration institute directory of certified product performance as a matched system.

(II)

“Air-source heat pump system” may include supplemental heat so long as:

(A)

The air-source heat pump is used as the primary source of a building’s heat and is designed to supply at least eighty percent of total annual heating for the building; and

(B)

The system is capable of distributing produced heat to all conditioned areas of the building.

(III)

“Air-source heat pump system” includes mechanical and electrical equipment central to the operation of an air-source heat pump, including an upgraded electrical panel if necessary.

(b)

“Applicable percentage” means a percentage annually established by the office as specified in subsection (4) of this section.

(c)

Intentionally left blank —Ed.

(I)

“Campus” means a collection of two or more buildings that are owned and operated by the same person, that have a shared purpose and function as a single property, that do not lease space to tenants, and that do not provide energy or heat services for a fee.

(II)

“Campus” includes two or more of the buildings that comprise the capitol complex, as defined in section 24-82-101 (3)(f).

(d)

“Colorado energy office” or “office” means the Colorado energy office created in section 24-38.5-101.

(e)

“Department” means the department of revenue.

(f)

“Eligible taxpayer” means a taxpayer that meets the requirements for and is included on the list of eligible taxpayers described in subsection (5) of this section.

(g)

Intentionally left blank —Ed.

(I)

“Ground-source heat pump system” means a system that:

(A)

Is certified pursuant to the federal environmental protection agency’s energy star program;

(B)

Conforms to all applicable municipal, state, and federal codes, standards, regulations, and certifications;

(C)

Has blowers that are variable speed, high-efficiency motors that meet or exceed efficiency levels listed in the national electrical manufacturers association MG1-1993 publication; and

(D)

Complies with all state and local drinking water guidelines and regulations and public water system requirements.

(II)

“Ground-source heat pump system” may include supplemental heat so long as:

(A)

The ground-source heat pump is used as the primary source of a building’s heat and is designed to supply at least eighty percent of total annual heating for the building; and

(B)

The system is capable of distributing produced heat to all conditioned areas of the building.

(III)

“Ground-source heat pump system” includes mechanical and electrical equipment central to the operation of a ground-source heat pump, including an upgraded electrical panel if necessary.

(IV)

“Ground-source heat pump system” may include a heat exchanger for water heating.

(h)

“Heat pump technology” means an air-source heat pump system, ground-source heat pump system, water-source heat pump system, variable refrigerant flow heat pump system, any combination of these systems, or a heat pump water heater.
(i)
Intentionally left blank —Ed.

(I)

“Heat pump water heater” means an electric water heater that uses heat pump technology to transfer heat from the surrounding air to water in a tank and that is certified pursuant to the federal environmental protection agency’s energy star program.

(II)

“Heat pump water heater” may include:

(A)

An electric resistance heating element; and

(B)

Mechanical and electrical equipment central to the operation of a heat pump water heater, including an upgraded electrical panel if necessary.

(j)

“List” means the list of eligible taxpayers created by the office as specified in subsection (5) of this section.

(k)

“Multifamily property” means a building with multiple separate housing units for residential inhabitants including a residential building that is a duplex, triplex, or multi-structure of four or more units.

(l)

“Taxpayer” means a person subject to tax pursuant to this article 22 or a person or political subdivision of this state that is exempt from tax pursuant to section 39-22-112 (1).

(m)

Intentionally left blank —Ed.

(I)

“Thermal energy” means piped, noncombustible fluids used for adding or removing heat from buildings for the purpose of efficient building temperature control and domestic hot water, including space heating and cooling and refrigeration.

(II)

“Thermal energy” includes methods of exchanging the piped, noncombustible fluids through the ground, wastewater treatment facilities, or other sources that achieve desired fluid temperatures; except that any source of thermal energy for this purpose must:

(A)

Not cause incremental greenhouse gas emissions or rely on increased, long-term combustion of fossil fuels; and

(B)

Be evaluated by the office to protect against increased emissions of harmful co-pollutants, negative impacts to communities including to disproportionately impacted communities, as defined in section 24-4-109 (2)(b)(II), and the risk of stranded assets, if the thermal energy is from any industrial source including a system for which the primary purpose is to generate electricity, including any process involving engine-driven generation.

(n)

“Thermal energy network”:

(I)

Means all real estate, fixtures, and personal property that are operated, owned, used, or intended to be used for, in connection with or to facilitate, a distribution infrastructure project that supplies thermal energy to two or more buildings that are not a campus and that assists in reducing greenhouse gas emissions in the state;

(II)

Consists of pipe loops between multiple buildings and energy sources carrying piped, noncombustible fluids at the desired thermal temperature;

(III)

Includes a network that can be used for heating, cooling, and other building services; and

(IV)

May also be known as a geothermal exchange district, networked geothermal system, geoexchange system, geogrid system, community geothermal heating and cooling district, or geothermal heating district.

(o)

“Thermal energy system” includes a geothermal system or other method of exchanging the piped, noncombustible fluids through the ground, wastewater treatment facilities, or other sources of thermal energy that achieve desired fluid temperatures.

(p)

Intentionally left blank —Ed.

(I)

“Variable refrigerant flow heat pump system” means a system that:

(A)

Is certified pursuant to the federal environmental protection agency’s energy star program;

(B)

Conforms to all applicable municipal, state, and federal codes, standards, regulations, and certifications;

(C)

Has blowers that are variable speed, high-efficiency motors that meet or exceed efficiency levels listed in the national electrical manufacturers association MGI-1993 publication; and

(D)

Complies with all state and local drinking water guidelines and regulations and public water system and wastewater system requirements.

(II)

“Variable refrigerant flow system” may include supplemental heat so long as:

(A)

The variable refrigerant flow system is used as the primary source of a building’s heat and is designed to supply at least eighty percent of the total annual heating for the building; and

(B)

The system is capable of distributing produced heat to all conditioned areas of the building.

(III)

“Variable refrigerant flow system” includes mechanical and electrical equipment central to the operation of a variable refrigerant flow system.

(q)

Intentionally left blank —Ed.

(I)

“Water-source heat pump system” means a system that:

(A)

Is certified pursuant to the federal environmental protection agency’s energy star program;

(B)

Conforms to all applicable municipal, state, and federal codes, standards, regulations, and certifications;

(C)

Has blowers that are variable speed, high-efficiency motors that meet or exceed efficiency levels listed in the national electrical manufacturers association MG1-1993 publication; and

(D)

Complies with all state and local drinking water guidelines and regulations and public water system and wastewater system requirements.

(II)

“Water-source heat pump system” may include supplemental heat so long as:

(A)

The water-source heat pump is used as the primary source of a building’s heat and is designed to supply at least eighty percent of the total annual heating for the building; and

(B)

The system is capable of distributing produced heat to all conditioned areas of the building.

(III)

“Water-source heat pump system” includes mechanical and electrical equipment central to the operation of a water-source heat pump.

(3)

Intentionally left blank —Ed.

(a)

For income tax years commencing on or after January 1, 2024, but before January 1, 2033, an eligible taxpayer that installs heat pump technology in a building in the state, on a campus in the state, or develops, through purchase and installation of necessary equipment, a thermal energy network in the state is allowed a credit against the tax imposed under this article 22 in an amount set forth in subsection (3)(c) of this section in the tax year that the heat pump technology or thermal energy network is placed into service.

(b)

In order to qualify for the tax credit allowed under this section the eligible taxpayer shall provide a discount from the amount charged for the installation of heat pump technology or a thermal energy network in an amount equal to the amount of the credit set forth in subsection (3)(c) of this section minus the applicable percentage of the credit, and shall show the discount as a separate item on the receipt or invoice; except that the requirement in this subsection (3)(b) does not apply to an eligible taxpayer who installs their own heat pump technology or thermal energy network.

(c)

Subject to the modifications set forth in subsection (3)(d) of this section and the annual review required pursuant to subsection (3)(e) of this section and except as otherwise provided in subsection (3)(f) of this section, the amount of the credit allowed pursuant to this section is calculated as follows:

(I)

For the installation of an air-source heat pump system or a variable refrigerant flow heat system:

(A)

For tax years commencing on or after January 1, 2024, but before January 1, 2026, one thousand five hundred dollars;

(B)

For tax years commencing on or after January 1, 2026, but before January 1, 2029, one thousand dollars; and

(C)

For tax years commencing on or after January 1, 2029, but before January 1, 2033, five hundred dollars;

(II)

For the installation of a ground-source heat pump system, water-source heat pump system, a combined air-source and ground-source heat pump system, a combined water-source and ground-source heat pump system, a combined variable refrigerant flow and ground-source heat pump system, or a combined variable refrigerant flow and water-source heat pump system:

(A)

For tax years commencing on or after January 1, 2024, but before January 1, 2026, three thousand dollars;

(B)

For tax years commencing on or after January 1, 2026, but before January 1, 2029, two thousand dollars; and

(C)

For tax years commencing on or after January 1, 2029, but before January 1, 2033, one thousand dollars; and

(III)

For the installation of a heat pump water heater:

(A)

For tax years commencing on or after January 1,2024, but before January 1, 2026, five hundred dollars; and

(B)

For tax years commencing on or after January 1, 2026, but before January 1, 2033, two hundred fifty dollars.

(d)

Notwithstanding the amounts set forth in subsection (3)(c) of this section, the amount of the credit allowed by this section may be modified as follows:

(I)

For heat pump technology installed at a multifamily property, unless the heat pump technology is installed for an individual unit by the eligible taxpayer for use by the occupant of the individual unit, the amount of the credit is the amount of the credit permitted pursuant to subsection (3)(c) of this section multiplied by the number of units in the multifamily property that will utilize the heat pump technology;

(II)

For a nonresidential building, the amount of the credit is the amount of the credit permitted pursuant to subsection (3)(c) of this section multiplied by the number of increments of four tons of heating capacity up to a maximum of one hundred tons; and

(III)

For a thermal energy network or for a campus, the amount of the credit is the amount of the credit permitted pursuant to subsection (3)(c) of this section multiplied by the total number of residential buildings and multifamily property units networked in a single system, plus the credit determined for each nonresidential building networked in the system pursuant to subsection (3)(d)(II) of this section.

(e)

The office shall annually review and evaluate the effectiveness of the tax credits and may modify the amounts set forth in subsection (3)(c) of this section.

(f)

If the June 2025 revenue forecast, and each June revenue forecast through the June 2031 revenue forecast as prepared by either legislative council staff or the office of state planning and budgeting, projects that state revenues, as defined in section 24-77-103.6 (6)(c), will not increase by at least four percent for the next fiscal year, the amount of the credit allowed pursuant to subsection (3)(c)(I)(B), (3)(c)(I)(C), (3)(c)(II)(B), (3)(c)(II)(C), or (3)(c)(III)(B) of this section, as may be modified by subsections (3)(d) and (3)(e) of this section, for any tax year commencing in the calendar year that begins during said next fiscal year is reduced by fifty percent if the heat pump technology is installed at an existing residential or nonresidential building; except that if the amount of the reduced credit is equal to or less than two hundred fifty dollars, then no credit is available for such a tax year.

(4)

An eligible taxpayer may retain an applicable percentage of the amount of the tax credit allowed under subsection (3)(c) of this section to support the industry-wide adoption and deployment of heat pump technologies in the state. The office shall annually determine the applicable percentage, which must be the same for each eligible taxpayer, pursuant to guidelines established by the office. The office shall maintain the current applicable percentage on its website and shall provide the applicable percentage in writing to the department no later than December 31, 2023, and each December 31 thereafter through December 31, 2031.

(5)

Intentionally left blank —Ed.

(a)

The office shall create, and update at least annually, a list containing the names and contact information of eligible taxpayers. To become an eligible taxpayer, and be included on the list described in this subsection (5), a taxpayer shall demonstrate to the office that the taxpayer and any of its employees who will be installing heat pump technology or thermal energy networks:

(I)

Are licensed as required by the state;

(II)

Are knowledgeable of the relevant system requirements set forth in subsections (2)(a), (2)(g), (2)(h), (2)(i), (2)(m), (2)(n), (2)(p), and (2)(q) of this section;

(III)

Will install heat pump technology and thermal energy networks in accordance with the national electric code and manufacturer’s specifications;

(IV)

Will, where applicable, ensure that all piping for a split system is installed by technicians certified to the NITC R78 brazing procedure and trained in the safe handling of flammable refrigerants; and

(V)

Will meet any additional standards established by the office in its guidelines, including, if applicable, the 2021 international energy conservation code.

(b)

The office shall, in a sufficiently timely manner to allow the department to process returns claiming the income tax credit allowed in this section, annually provide a secure electronic copy of the list described in subsection (5)(a) of this section to the department that includes the social security number or Colorado account number and federal employer identification number of each eligible taxpayer.

(c)

The office shall maintain a current copy of the list on its website.

(d)

Intentionally left blank —Ed.

(I)

Every eligible taxpayer shall keep and maintain for a period of four years such books and records as may be necessary to determine that:

(A)

It is an eligible taxpayer;

(B)

It and any of its employees who will be installing heat pump technology or thermal energy networks meet the requirements described in subsection (5)(a) of this section;

(C)

The credit it claimed pursuant to this section was for the installation of heat pump technology or thermal energy networks in this state; and

(D)

The amount of the credit was properly calculated under subsection (3) of this section.

(II)

Intentionally left blank —Ed.

(A)

The office shall annually examine a sample of the eligible taxpayers on the list described in this subsection (5) to substantiate that the eligible taxpayers are meeting the office’s standards and properly claiming the credit allowed by this section. Every eligible taxpayer shall produce the books and records described in subsection (5)(d)(I) of this section for examination at any time by the office.

(B)

If the office determines that an eligible taxpayer is no longer meeting the standards, the office shall notify the taxpayer in writing that they are no longer eligible, remove the ineligible taxpayer from the list, update the list on its website, and promptly notify the department in writing of its decision.

(C)

If the office determines that a taxpayer was not eligible for all or part of the credit claimed, the office shall notify the department in writing of its decision. The department shall issue the taxpayer a notice of deficiency for the unpaid tax owed, together with applicable penalties and interest, and proceed to collect the deficiency in the same manner as other tax deficiencies.

(6)

The office shall maintain a database of any information necessary to evaluate the effectiveness of the tax credit allowed in this section in meeting the purpose set forth in subsection (1)(a) of this section, and shall provide such information, and any other information that may be needed, to the state auditor as part of the state auditor’s evaluation of this tax expenditure pursuant to section 39-21-305.

(7)

The office may establish guidelines to implement this section. All guidelines established by the office must be posted on the office’s website.

(8)

If a credit authorized by this section exceeds the income tax due on the income of the eligible taxpayer for the taxable year, the excess credit may not be carried forward and must be refunded to the eligible taxpayer or the installer.

(9)

This section is repealed, effective December 31, 2038.

Source: Section 39-22-554 — Heat pump technology and thermal energy network tax credit - tax preference performance statement - definitions - repeal, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-39.­pdf (accessed Oct. 20, 2023).

39‑22‑101
Short title
39‑22‑102
Legislative declaration
39‑22‑103
Definitions - construction of terms
39‑22‑104
Income tax imposed on individuals, estates, and trusts - single rate - report - legislative declaration - definitions - repeal
39‑22‑104.5
Pretax payments - catastrophic health insurance
39‑22‑104.6
Pretax payments - medical savings accounts
39‑22‑105
Alternative minimum tax
39‑22‑106
Colorado personal exemptions of a resident individual
39‑22‑107
Income tax filing status
39‑22‑107.5
Income tax filing status - innocent spouse relief
39‑22‑108
Credit for tax paid other states
39‑22‑108.5
Dual resident trusts - income tax calculation
39‑22‑109
Income of a nonresident individual for purposes of Colorado income tax
39‑22‑110
Apportionment of tax in the case of a part-year resident
39‑22‑110.5
Reacquisition of residency during active duty military service
39‑22‑111
Accounting periods and methods
39‑22‑112
Persons and organizations exempt from tax under this article
39‑22‑114.5
Tax credit for investment in technologies for recycling plastics - repeal
39‑22‑116
Tax tables for individuals
39‑22‑119
Expenses related to child care - credits against state tax
39‑22‑119.5
Child care expenses tax credit - legislative declaration - definitions
39‑22‑120
Legislative declaration - state sales tax refund - offset against state income tax
39‑22‑121
Credit for child care facilities - legislative declaration - definitions - repeal
39‑22‑122
Long-term care insurance credit
39‑22‑123
Earned income tax credit - refund of state excess revenues for fiscal years commencing on or after July 1, 1998
39‑22‑123.5
Earned income tax credit - not a refund of excess state revenues - trigger - legislative declaration - repeal
39‑22‑129
Child tax credit - legislative declaration - definitions - repeal
39‑22‑201
Partners, not partnership, subject to tax
39‑22‑202
Resident partners - definition
39‑22‑203
Nonresident partners
39‑22‑204
Accounting periods and methods
39‑22‑206
Foreign source income of export taxpayers
39‑22‑300.1
Short title - citation
39‑22‑301
Corporate tax imposed - repeal
39‑22‑302
S corporations
39‑22‑303
Dividends in a combined report - foreign source income - affiliated groups - definitions
39‑22‑303.1
Interstate banking or branching - nondiscriminatory tax treatment
39‑22‑303.5
Single-factor apportionment of business income - allocation of nonbusiness income - rules - definitions
39‑22‑303.6
Market-based apportionment of the income of a taxpayer engaged in business - allocation of nonapportionable income - rules - definitions
39‑22‑303.7
Sourcing of sales of mutual fund service corporations - definitions
39‑22‑303.9
Apportionment of the income of a taxpayer with enterprise data center operations in the state - definitions
39‑22‑304
Net income of corporation - legislative declaration - definitions - repeal
39‑22‑305
Consolidated returns
39‑22‑306
Accounting periods and methods
39‑22‑308
Credit allowed for purchase of Colorado coal
39‑22‑310
Legislative declaration - statutory interpretation and construction
39‑22‑320
Short title - citation
39‑22‑321
Definitions
39‑22‑322
Taxation of an S corporation and its shareholders
39‑22‑323
Modification and characterization of income
39‑22‑324
Basis and adjustments
39‑22‑325
Carryforwards and carrybacks - loss limitation
39‑22‑326
Part-year residence
39‑22‑327
Distributions
39‑22‑328
Returns - repeal
39‑22‑329
Tax credits
39‑22‑330
Uniformity of application and construction
39‑22‑340
Short title - citation
39‑22‑341
Legislative declaration
39‑22‑342
Definitions
39‑22‑343
Election
39‑22‑344
Imposition of tax
39‑22‑345
Owner exclusion
39‑22‑346
Credit for tax paid in other states
39‑22‑347
Credit for electing pass-through entity owner - tax preference performance statement - legislative declaration
39‑22‑401
Income of a resident estate or trust for purposes of Colorado income tax
39‑22‑402
Share of a resident estate, trust, or beneficiary in Colorado fiduciary adjustments
39‑22‑403
Income of a nonresident estate or trust subject to income tax
39‑22‑404
Share of a nonresident estate, trust, or beneficiary in income from sources within Colorado
39‑22‑407
Accounting periods and methods
39‑22‑501
Taxation of regulated investment companies
39‑22‑503
Taxation of real estate investment trusts - definitions
39‑22‑504
Net operating losses
39‑22‑504.5
Short title
39‑22‑504.6
Definitions
39‑22‑504.7
Medical savings accounts - establishment - contributions - distributions - restrictions - taxation - portability
39‑22‑507.5
Credits against tax - investment in certain property - repeal
39‑22‑507.6
Credits against corporate tax - investment in certain property - repeal
39‑22‑509
Credit against tax - employer expenditures for alternative transportation options for employees - legislative declaration - definitions - repeal
39‑22‑514
Tax credit for qualified costs incurred in preservation of historic properties
39‑22‑514.5
Tax credit for qualified costs incurred in preservation of historic structures - short title - definitions
39‑22‑516.7
Tax credit for innovative motor vehicles - tax preference performance statement - definitions - repeal
39‑22‑516.8
Tax credit for innovative trucks - tax preference performance statement - definitions - repeal
39‑22‑517
Tax credit for child care center investments
39‑22‑518
Tax modification for net capital gains - definitions - repeal
39‑22‑520
Credit against tax - investment in school-to-career program - definitions
39‑22‑521
Credits against tax - employer expenses - public assistance recipients
39‑22‑522
Credit against tax - conservation easements - definition
39‑22‑522.5
Conservation easement tax credits - dispute resolution - legislative declaration
39‑22‑526
Credit for environmental remediation of contaminated land - legislative declaration - definition - repeal
39‑22‑529
Business expense deduction - labor services - unauthorized alien - definitions
39‑22‑531
Colorado job growth incentive tax credit - rules - definitions - repeal
39‑22‑532
Advanced industry investment tax credit - definitions
39‑22‑533
Instream flow incentive tax credit for water rights holders - rules - definitions - repeal
39‑22‑535
Credit for purchase of uniquely valuable motor vehicle registration numbers
39‑22‑536
Credit for food contributed to hunger-relief charitable organizations - definitions - repeal
39‑22‑537.5
Credit for personal property taxes paid - legislative declaration - definitions - repeal
39‑22‑538
Credit for health-care preceptors working in health professional shortage areas - legislative declaration - definitions
39‑22‑539
Credit for employer contributions to employee 529 qualified state tuition programs - legislative declaration - definitions - repeal
39‑22‑540
Credit - organ donor - leave of absence period - legislative declaration - definitions
39‑22‑541
Credit for retrofitting a residence to increase a residence’s visitability - tax preference performance statement - legislative declaration - definitions - repeal
39‑22‑542
Tax credit for conversion costs for employee business ownership - definitions - declaration - repeal
39‑22‑543
Credit for wildfire hazard mitigation expenses - legislative declaration - definitions - repeal
39‑22‑544
Credit against tax - qualifying seniors - creation - legislative declaration - definitions
39‑22‑545
Credit against tax - heat pump systems - heat pump water heaters - tax preference performance statement - legislative declaration - definitions - repeal
39‑22‑546
Credit against tax - residential energy storage systems - tax preference performance statement - legislative declaration - definition - repeal
39‑22‑547
Early childhood educator income tax credit - tax preference performance statement - legislative declaration - definitions - repeal
39‑22‑548
Colorado homeless contribution tax credit - legislative declaration - definitions - repeal
39‑22‑549
Credit against tax - small food business recovery and resilience grant program equipment - community food consortium duties and responsibilities - tax preference performance statement - legislative declaration - definitions - repeal
39‑22‑550
Tax credit for reducing emissions from certain lawn equipment - tax preference performance statement - legislative declaration - definitions - report - repeal
39‑22‑551
Industrial clean energy tax credit - tax preference performance statement - definitions - report - repeal
39‑22‑552
Tax credit for expenditures made in connection with a geothermal energy project - tax preference performance statement - definitions - repeal
39‑22‑553
Geothermal electricity generation production tax credit - tax preference performance statement - definitions - repeal
39‑22‑554
Heat pump technology and thermal energy network tax credit - tax preference performance statement - definitions - repeal
39‑22‑555
Electric bicycle tax credit - tax preference performance statement - definitions - repeal
39‑22‑556
Tax credit for sustainable aviation fuel production facility - tax preference performance statement - definitions - repeal
39‑22‑557
Clean hydrogen tax credit - qualified uses - tax preference performance statement - definitions - legislative declaration - repeal
39‑22‑558
Tax credit for employer’s contribution to employee for eligible expenses in connection with a qualifying home purchase - tax preference performance statement - legislative declaration - definitions
39‑22‑559
Film incentive tax credit - tax preference performance statement - review - legislative declaration - definitions - repeal
39‑22‑601
Returns - repeal
39‑22‑601.5
Reporting federal adjustments - definitions
39‑22‑602
Failure to make return - director may make
39‑22‑603
Returns not made under oath
39‑22‑603.5
Frivolous returns
39‑22‑604
Withholding tax - requirement to withhold - tax lien - exemption from lien - annual statement - notice - definitions
39‑22‑604.3
Innovation reinvestment - withholding - transfers - bioscience - clean technology - short title - legislative declaration - definitions - repeal
39‑22‑604.5
Withholding tax - transfers of Colorado real property - nonresident transferors
39‑22‑605
Failure by individual to pay estimated income tax
39‑22‑606
Failure by corporation to pay estimated income tax
39‑22‑607
Estimated tax deposited with treasurer
39‑22‑608
Form, place, and date of filing return - extension - electronic filing
39‑22‑609
Payment of tax - applicable when
39‑22‑610
Relief for members of the armed forces of the United States - when
39‑22‑611
Property exempt from ad valorem taxes
39‑22‑621
Interest and penalties
39‑22‑622
Refunds
39‑22‑623
Disposition of collections - definition
39‑22‑624
Prior rights and liabilities not affected
39‑22‑625
Application of article - effective date
39‑22‑626
Applicability of amendments to this article to income tax years
39‑22‑627
Temporary adjustment of rate of income tax - refund of excess state revenues - authority of executive director
39‑22‑628
Direct deposit of refund to collegeinvest savings accounts - modification of individual income tax return forms - legislative declaration - definition
39‑22‑629
Advance payments of income tax credits - definitions
39‑22‑651
Short title - citation
39‑22‑652
Definitions
39‑22‑653
Taxpayer disclosure of reportable or listed transactions
39‑22‑654
Additional listed transactions - report
39‑22‑655
Penalty for failure to disclose a reportable or listed transaction
39‑22‑656
Material advisor - disclosure of reportable or listed transactions
39‑22‑657
Material advisor - maintenance of list
39‑22‑658
Material advisor - penalties
39‑22‑659
Waiver, reduction, or compromise of penalty for reasonable cause
39‑22‑701
Legislative declaration
39‑22‑702
Voluntary contribution designation - procedure
39‑22‑703
Contributions credited to Colorado nongame conservation and wildlife restoration cash fund - administration - transfer
39‑22‑704
Repeal of part
39‑22‑801
Voluntary contribution designation - procedure
39‑22‑802
Contributions credited to Colorado domestic abuse program fund - creation - appropriation
39‑22‑803
Repeal of part
39‑22‑1001
Limitations on voluntary contribution programs - queue - notice - reestablishment of certain programs
39‑22‑1301
Voluntary contribution designation - procedure
39‑22‑1302
Contributions credited to homeless prevention activities program fund - creation - appropriation
39‑22‑1801
Legislative declaration
39‑22‑1802
Voluntary contribution designation - procedure - effective date
39‑22‑1803
Contributions credited to the Special Olympics Colorado fund - creation - appropriation
39‑22‑1804
Repeal of part
39‑22‑1901
Legislative declaration
39‑22‑1902
Voluntary contribution designation - procedure
39‑22‑1903
Contributions credited to the fund - appropriation
39‑22‑2001
Legislative declaration - revenues exceeding TABOR limit - sales tax refund
39‑22‑2002
Fiscal years commencing on or after July 1, 1998 - state sales tax refund - authority of executive director - repeal
39‑22‑2003
State sales tax refund - offset against state income tax - qualified individuals
39‑22‑2004
Temporary refund of excess state revenues from all sources - definitions - repeal
39‑22‑2005
Refund of excess state revenues from all sources - definitions - repeal
39‑22‑2101
Definitions
39‑22‑2102
Credit against tax - affordable housing developments - legislative declaration
39‑22‑2103
Recapture
39‑22‑2104
Filing requirements
39‑22‑2105
Parallel credits - insurance premium taxes
39‑22‑2106
Rules
39‑22‑2107
Compliance monitoring
39‑22‑2108
Report to the general assembly
39‑22‑2201
Voluntary contribution designation - procedure
39‑22‑2202
Contributions credited to the fund - administration - transfer
39‑22‑2203
Repeal of part
39‑22‑2401
Legislative declaration
39‑22‑2402
Voluntary contribution designation - procedure
39‑22‑2403
Contributions credited to Colorado healthy rivers fund - creation - appropriation
39‑22‑2404
Repeal of part
39‑22‑2901
Voluntary contribution designation - procedure
39‑22‑2902
Contributions credited to the Alzheimer’s Association fund - creation - appropriation
39‑22‑2903
Repeal of part
39‑22‑3001
Voluntary contribution designation - procedure
39‑22‑3002
Contributions credited to the military family relief fund - appropriation
39‑22‑3003
Repeal of part
39‑22‑3301
Legislative declaration
39‑22‑3302
Voluntary contribution designation - procedure
39‑22‑3303
Contributions credited to the Colorado cancer fund - creation - appropriation
39‑22‑3304
Repeal of part
39‑22‑3601
Legislative declaration
39‑22‑3602
Voluntary contribution designation - procedure
39‑22‑3603
Contributions credited to the Make-A-Wish Foundation of Colorado fund - creation - appropriation
39‑22‑3604
Repeal of part
39‑22‑3801
Legislative declaration
39‑22‑3802
Voluntary contribution designation - procedure
39‑22‑3803
Contributions credited to the unwanted horse fund - creation - appropriation
39‑22‑3804
Repeal of part
39‑22‑4301
Legislative declaration
39‑22‑4302
Voluntary contribution designation - procedure - effective date
39‑22‑4303
Contributions credited to the American Red Cross Colorado disaster response, readiness, and preparedness fund - creation - appropriation
39‑22‑4304
Repeal of part
39‑22‑4401
Legislative declaration
39‑22‑4402
Voluntary contribution designation - procedure - effective date
39‑22‑4403
Contributions credited to the Colorado for Healthy Landscapes fund - creation - appropriation
39‑22‑4404
Repeal of part
39‑22‑4501
Legislative declaration
39‑22‑4502
Voluntary contribution designation - procedure - effective date
39‑22‑4503
Contributions credited to the Habitat for Humanity of Colorado fund - creation - appropriation
39‑22‑4504
Repeal of part
39‑22‑4601
Legislative declaration
39‑22‑4602
Voluntary contribution designation - procedure - effective date
39‑22‑4603
Contributions credited to the Colorado Youth Conservation Corps fund - creation - appropriation
39‑22‑4604
Repeal of part
39‑22‑4701
Short title
39‑22‑4702
Legislative declaration
39‑22‑4703
Definitions
39‑22‑4704
First-time home buyer savings account
39‑22‑4705
Eligible expenses - penalties for other uses
39‑22‑4706
Forms
39‑22‑4707
Financial institutions
39‑22‑4801
Legislative declaration
39‑22‑4802
Voluntary contribution designation - procedure - effective date
39‑22‑4803
Contributions credited to the Urban Peak Housing and Support Services for Youth Experiencing Homelessness fund - creation - appropriation
39‑22‑4804
Repeal of part
39‑22‑4901
Legislative declaration
39‑22‑4902
Voluntary contribution designation - procedure - effective date
39‑22‑4903
Contributions credited to the family caregiver support fund - creation - appropriation
39‑22‑4904
Repeal of part
39‑22‑5001
Legislative declaration
39‑22‑5002
Voluntary contribution designation - procedure - effective date
39‑22‑5003
Contributions credited to the Young Americans Center for Financial Education fund - creation - appropriation
39‑22‑5004
Repeal of part
39‑22‑5101
Legislative declaration
39‑22‑5102
Voluntary contribution designation - procedure - effective date
39‑22‑5103
List of eligible charitable organizations
39‑22‑5104
Contributions credited to the donate to a Colorado nonprofit fund - creation - appropriation - distribution
39‑22‑5105
Initial funding
39‑22‑5201
Definitions
39‑22‑5202
Uninsured designation - required forms - rules
39‑22‑5301
Legislative declaration
39‑22‑5302
Voluntary contribution designation - procedure - effective date
39‑22‑5303
Contributions credited to Feeding Colorado fund - creation - appropriation
39‑22‑5304
Repeal of part
Green check means up to date. Up to date

Current through Fall 2024

§ 39-22-554’s source at colorado​.gov