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HB26-1014 • 2026

Extend Colorado Job Growth Incentive Tax Credit

Under current law, the Colorado job growth incentive tax credit (credit) may only be allowed by the economic development commission (commission) through state income tax year 2026. The act amends the

Taxes
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Rep. A. Boesenecker, Rep. R. Taggart, Sen. M. Ball, Sen. L. Frizell, Rep. J. Bacon, Rep. K. Brown, Rep. J. Caldwell, Rep. S. Camacho, Rep. C. Clifford, Rep. M. Duran, Rep. R. English, Rep. M. Froelich, Rep. R. Gonzalez, Rep. E. Hamrick, Rep. J. Jackson, Rep. J. Joseph, Rep. S. Lieder, Rep. M. Lindsay, Rep. M. Lukens, Rep. J. McCluskie, Rep. K. Nguyen, Rep. A. Paschal, Rep. M. Rutinel, Rep. G. Rydin, Rep. M. Soper, Rep. B. Titone, Sen. J. Amabile, Sen. J. Carson, Sen. J. Coleman, Sen. L. Cutter, Sen. T. Exum, Sen. J. Gonzales, Sen. I. Jodeh, Sen. C. Kipp, Sen. C. Kolker, Sen. W. Lindstedt, Sen. R. Pelton, Sen. B. Pelton, Sen. D. Roberts, Sen. C. Simpson, Sen. K. Wallace
Last action
2026-05-29
Official status
Governor Signed
Effective date
Not listed

Plain English Breakdown

The effective date is listed as empty in the official metadata; therefore, when this law takes effect cannot be confirmed from the provided text.

Extending the Colorado Job Growth Tax Credit

This law extends a state tax credit for job growth until income tax year 2034 and requires annual reports on it through September 1, 2042.

What This Bill Does

  • Changes the end date for new awards of the Colorado job growth incentive tax credit to state income tax year 2034.
  • Allows the Economic Development Commission to give out these credits until the new deadline.
  • Extends the requirement for the commission to submit annual reports through September 1, 2042.

Who It Names or Affects

  • The Colorado Economic Development Commission
  • Businesses that apply for or receive job growth incentive tax credits

Limits and Unknowns

  • This law only changes when new credit awards can be made; it does not change how much money a business gets.
  • The text provided does not list specific rules on which businesses qualify for the credit.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

L.001

Second Reading

Passed [**]

Plain English: This amendment extends the deadline for a specific tax credit program from September 1, 2032, to September 1, 2042.

  • The end date for allowing the Colorado job growth incentive tax credit is changed from September 1, 2032, to September 1, 2042.
L.003

Second Reading

Passed [**]

Plain English: This amendment changes a specific reference number in the bill from (1)(a) to (1.5)(a).

  • The text on page 2, line 19 of the bill is updated.
  • The code '(1)(a)' is removed and replaced with '(1.5)(a)'.
  • The amendment only shows a change to a number or letter reference without explaining what that specific section does.
  • It is unclear how this numbering change affects the actual rules for the job growth tax credit because the full text of Section (1.5)(a) is not provided.

Bill History

  1. 2026-05-29 Governor

    Governor Signed

  2. 2026-05-27 Governor

    Sent to the Governor

  3. 2026-05-27 Senate

    Signed by the President of the Senate

  4. 2026-05-27 House

    Signed by the Speaker of the House

  5. 2026-05-12 House

    House Considered Senate Amendments - Result was to Concur - Repass

  6. 2026-05-09 House

    House Considered Senate Amendments - Result was to Laid Over Daily

  7. 2026-05-08 Senate

    Senate Third Reading Passed - No Amendments

  8. 2026-05-07 Senate

    Senate Second Reading Special Order - Passed with Amendments - Floor

  9. 2026-05-07 Senate

    Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole

  10. 2026-05-05 Senate

    Senate Committee on Finance Refer Unamended to Appropriations

  11. 2026-05-04 Senate

    Introduced In Senate - Assigned to Finance

  12. 2026-05-04 House

    House Third Reading Passed - No Amendments

  13. 2026-05-01 House

    House Second Reading Special Order - Passed with Amendments - Floor

  14. 2026-05-01 House

    House Committee on Appropriations Refer Unamended to House Committee of the Whole

  15. 2026-02-23 House

    House Committee on Finance Refer Unamended to Appropriations

  16. 2026-01-14 House

    Introduced In House - Assigned to Finance

Official Summary Text

Under current law, the Colorado job growth incentive tax credit (credit) may only be allowed by the economic development commission (commission) through state income tax year 2026. The act amends the Colorado job growth incentive tax credit to authorize the commission to allow new credit awards through state income tax year 2034. The act also extends the commission's annual reporting requirement through September 1, 2042.
(Note: This summary applies to this bill as enacted.)