NOTE: The governor signed this measure on 5/13/2013.
      
      
      HOUSE BILL 13-1287
      
      
      BY REPRESENTATIVE(S) Primavera and DelGrosso, Fields, Gardner,
      Gerou, Ginal, Holbert, Hullinghorst, Humphrey, Labuda, Lebsock, Melton,
      Moreno, Pabon, Pettersen, Rosenthal, Salazar, Williams, Wright, Young,
      Ferrandino;
      also SENATOR(S) Scheffel and Heath, Crowder, Kefalas, Newell,
      Tochtrop, Todd.
      
      
      Concerning an extension of the income tax years for which the
           Colorado job growth incentive tax credit is available.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 39-22-531, amend (1)
      (d), (2), (10) introductory portion, and (13) as follows:
      
           39-22-531.  Colorado job growth incentive tax credit - rules -
      definitions - repeal. (1)  As used in this section, unless the context
      otherwise requires:
      
           (d)  "Credit period" means a period of up not to exceed sixty
      consecutive months from the first month of the initial tax year in
      which a credit allowed pursuant to this section is first claimed, for
      which a taxpayer may claim a credit allowed in this section that is
      calculated annually by the commission. The credit period shall not extend
      past December 31, 2018.
      
           (2)  For income tax years commencing on or after January 1, 2009,
      but prior to January 1, 2015 January 1, 2020, at the discretion of the
      commission as specified in subsection (3) of this section, there may be
      allowed to any taxpayer an annual job growth incentive tax credit with
      respect to the income taxes imposed by this article that a taxpayer may
      claim for a credit period in an amount determined by the commission
      pursuant to subsection (5) of this section.
      
           (10)  No later than September 1, 2010, and no later than September
      1 of each year thereafter through September 1, 2019 September 1, 2024,
      the commission shall provide the department with an electronic report of the
      taxpayers receiving a credit allowed in this section for the preceding
      calendar year or any fiscal year ending in the preceding calendar year, and
      any credits disallowed pursuant to subparagraph (II) of paragraph (a) of
      subsection (4) of this section for any year, that includes the following
      information:
      
           (13)  This section is repealed, effective January 1, 2025 January 1,
      2030.
      
           SECTION 2.  Safety clause. The general assembly hereby finds,
      determines, and declares that this act is necessary for the immediate
      preservation of the public peace, health, and safety.
      
      
      
      
      ________________________________________________________
      Mark Ferrandino                         John P. Morse
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO