EZ Investment Tax Credit Refund for Renewable Energy Projects
Note: This incentive is not available for renewable energy projects coming into service on or after January 1, 2021; a bill to extend the credit's availability was introduced in the 2020 legislative session but did not pass.
Colorado's Enterprise Zone (EZ) program provides tax incentives to encourage businesses to locate and expand in designated economically distressed areas of the state -- those having a high unemployment rate, low per capita income, or a low population growth rate. A taxpayer may claim an EZ investment tax credit for qualified investments located in an enterprise zone. The income tax credit is