Colorado Revised Statutes Title 39 — Taxation

C.R.S. § 39-36-103

Definitions

Official textolls.infolast amended 202412 subsections

As used in this article 36, unless the context otherwise requires:

# (1)

Certification means the written tax credit certificate documenting a taxpayer's income tax credit claim pursuant to section 39-30-104, 39-30-105.1, or 39-30-105.5 and the estimated value of each credit certified by the CHIPS zone administrator, for which the taxpayer received precertification in accordance with section 39-36-104 (5)(b).

# (2)

CHIPS Act means the federal Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022, Pub.L. 117-167, as amended.

# (3)

CHIPS zone means a semiconductor manufacturing zone approved by the commission pursuant to section 39-36-104 (2)(a).

# (4)

Commission means the Colorado economic development commission created in section 24-46-102 (1).

# (5)

Department means the Colorado department of revenue.

# (6)

Director means the director of the office.

# (7)

Office means the Colorado office of economic development created in section 24-48.5-101.

# (8)

Precertification means the written precertification of a taxpayer's proposed project and any related income tax credit claims pursuant to section 39-30-104, 39-30-105.1, or 39-30-105.5, by the CHIPS zone administrator in reliance on the taxpayer's representations pursuant to section 39-36-104 (5)(a).

# (9)

Refund certificate has the same meaning as set forth in section 24-46-108 (1)(i).

# (10)

Semiconductor manufacturing has the same meaning as set forth in section 24-46-108 (1)(j).

# (11)

Taxpayer means a person engaged in semiconductor manufacturing that is subject to tax under article 22 of this title 39. Source: L. 2023: Entire article added, (HB 23-1260), ch. 227, p. 1191, § 7, effective May 20. L. 2024: Entire section amended, (HB 24-1450), ch. 490, p. 3428, § 88, effective August 7.

Amendment history

L. 2023: Entire article added, (HB 23-1260), ch. 227, p. 1191, § 7, effective May 20. L. 2024: Entire section amended, (HB 24-1450), ch. 490, p. 3428, § 88, effective August 7.

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