The information below provides links to the application or process to receive credits, CO Department of Revenue FYI Publication and Regulation, and statute for each EZ incentive.
After reviewing these documents, you might wish to seek advice from a tax professional or the Colorado Department of Revenue to understand specific and technical aspects. You can also obtain a CO Department of Revenue Letter Ruling for situation specific answers. 

Tax Credit Overview Table

 

Investment Tax Credit (ITC)
3% of equipment purchases
  *Renewable Energy Investment - special rules
Application:  Online
FYI:  FYI Income 11
Regulations:  EZ Regulations
Statute:  C.R.S. 39-30-104

Job Training Tax Credit
12% of qualified training expenses (new rate 1/1/2014)
Application:  Online
FYI:  FYI Income 31
Regulation:  EZ Regulations
Statute:  C.R.S. 39-30-104(4)

New Employee Credit
$1,100 per new job (new 1/1/2014)
Application:  Online
FYI:  FYI Income 10
Regulation:  EZ Regulations
Statute:  C.R.S. 39-30-105.1

Agricultural Processor New Employee Credit
$500 total per new a.p. job (new 1/1/2014)
Application:  Online
FYI:  FYI Income 10
Regulation:  EZ Regulations
Statute:  C.R.S. 39-30-105.1

Employer Sponsored Health Insurance Credit
$1,000 per insured job (new 1/1/2014)
available for first 2 years in EZ
Application:  Online
FYI:  FYI Income 10
Regulation:  EZ Regulations
Statute:  C.R.S. 39-30-105.1

R&D Increase Tax Credit              
3% of increased R&D expenditures
Application:  Online
FYI:  FYI Income 22
Regulation:  EZ Regulations
Statute:  C.R.S. 39-30-105.5

Vacant Building Rehabilitation Tax Credit
25% of rehabilitation expenditures
Application:  Online
FYI:  FYI Income 24
Regulation:  EZ Regulations
Statute:  C.R.S. 39-30-105.6

Manufacturing/Mining Sales & Use Tax Exemption
Expanded S&U tax exemption in EZ
Application:  Form DR1191 or for 100+ Form DR1192
FYI:  FYI Sales 10 (statewide details)
FYI:  FYI Sales 69 (in EZ details)
Regulation:  EZ Regulations
Statute:  C.R.S. 39-30-106
Process:  No Pre-cert. or Certification needed
Local taxes impacted:  DR1002

Commercial Vehicle Investment Tax Credit
1.5% of comm. vehicle purchases
Application:  CVITC Application
FYI:  FYI Income 11
Regulation:  EZ Regulations
Statute:  C.R.S. 39-30-104
Process:  Commercial Vehicle Tax Credit Process

Contribution Tax Credit
25% of Cash Contribution, 12.5% of In-Kind
Application:  DR0075 form provided by project. See list here
FYI:  FYI Income 23
Regulation:  EZ Regulations
Statute:  C.R.S. 39-30-103.5
Process:  Contribution Tax Credit Process

*Renewable Energy Investments otherwise qualified for the EZ Investment Tax Credit are modified as noted:

  • An EZ Credit certified as a Qualified Renewable Energy Investment that is placed into service between 1/1/2014 and 12/31/2017 can be carried forward for up to 22 years.
  • An EZ Credit certified as a Qualified Renewable Energy Investment that is placed into service between 1/1/2015 and 12/31/2020 may be taken as a refund of 80% of the credit earned.
  • Qualified Renewable Energy Investments for the Enterprise Zone Investment Tax Credit generate electricity from "eligible energy resources" as defined in the Colorado Public Utilities Commission Renewable Energy Standard (C.R.S. 40-2-124(1)). These include:
    1. Renewable energy generation from solar, wind, geothermal, biomass, hydroelectricity with a nameplate rating of 10 MW or less;
    2. Recycled energy produced by a generation unit with a nameplate capacity of not more than 15 megawatts that converts the otherwise lost energy from the heat from exhaust stacks or pipes to electricity and that does not combust additional fossil fuel. "Recycled energy" does not include energy produced by any system that uses energy, lost or otherwise, from a process whose primary purpose is the generation of electricity, including, without limitation, any process involving engine-driven generation or pumped hydroelectricity generation;
    3. Resources using coal mine methane and synthetic gas produced by pyrolysis of municipal solid waste are eligible energy resources if the Public Utilities Commission determines that the electricity generated by those resources is greenhouse gas neutral. The commission shall determine, following an evidentiary hearing, the extent to which such electric generation technologies utilized in an optional pricing program may be used to comply with this standard.
    4. A fuel cell using hydrogen derived from an eligible energy resource is also an eligible electric generation technology.
    5. Fossil and nuclear fuels and their derivatives are not eligible energy resources.

 

EZ Fact Sheets