NOTE: The governor signed this measure on 5/22/2015.
      
      
      HOUSE BILL 15-1307
      
      
      BY REPRESENTATIVE(S) Esgar, Dore, Lebsock, Pabon, Pettersen,
      Vigil, Hullinghorst;
      also SENATOR(S) Steadman, Crowder, Garcia, Grantham, Newell,
      Roberts.
      
      
      Concerning a modification in the definition of the term "qualified
           commercial structure" as the term is used in the "Colorado
           Job Creation and Main Street Revitalization Act".
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 39-22-514.5, amend
      (2) (j) as follows:
      
           39-22-514.5.  Tax credit for qualified costs incurred in
      preservation of historic structures - short title - definitions. (2)  As used
      in this section, unless the context otherwise requires:
      
           (j)  "Qualified commercial structure" means a certified historic
      structure that has been certified by the historical society as meeting the
      requirements specified in section 47 (c) (1) (A) and (B) of the internal
      revenue code, as amended an income producing or commercial
      property located in Colorado that is:
      
           (I)  At least fifty years old; and
      
           (II) (A)  Listed individually or as a contributing property in
      a district included within the state register of historic properties
      pursuant to article 80.1 of title 24, C.R.S.;
      
           (B)  Designated as a landmark by a certified local
      government; or
      
           (C)  Listed as a contributing property that is included
      within a designated historic district of a certified local
      government.
      
           SECTION 2.  Act subject to petition - effective date. This act
      takes effect at 12:01 a.m. on the day following the expiration of the
      ninety-day period after final adjournment of the general assembly (August
      5, 2015, if adjournment sine die is on May 6, 2015); except that, if a
      referendum petition is filed pursuant to section 1 (3) of article V of the state
      constitution against this act or an item, section, or part of this act within
      such period, then the act, item, section, or part will not take effect unless
      approved by the people at the general election to be held in November 2016
      and, in such case, will take effect on the date of the official declaration of
      the vote thereon by the governor.
      
      
      
      
      ________________________________________________________
      Dickey Lee Hullinghorst                Bill L. Cadman
      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