C.R.S. § 39-36-105 — Electronic submissions - certification data to department of revenue

(1) On or before September 1, 2023, and on or before September 1 of each calendar year thereafter through September 1, 2035, the director, or the director's designee, shall transmit to the department data regarding income tax credits allowed pursuant to this article 36 that are certified by the CHIPS zone administrator from January 1 through June 30 of the same calendar year. (2) On or before March 31, 2024, and on or before March 31 of each calendar year thereafter through March 31, 2036, the director, or the director's designee, shall transmit to the department data regarding income tax credits allowed pursuant to this article 36 that are certified by the CHIPS zone administrator from July 1 through December 31 of the previous calendar year. (3) The data required to be transmitted by the director, or the director's designee, to the department under subsections (1) and (2) of this section must be in the form of electronic reports that include the following information: (a) The taxpayer's name; (b) The taxpayer's Colorado account number and federal employer identification number; (c) The type and amount of each income tax credit allowed under this article 36 and certified by the CHIPS zone administrator for the taxpayer for the tax year; and (d) Any associated taxpayers' names, Colorado account numbers, and federal employer identification numbers or social security numbers if the credit allowed under this article 36 is allocated from a pass-through entity to its partners, shareholders, members, or other constituent taxpayers. Source: L. 2023: Entire article added, (HB 23-1260), ch. 227, p. 1195, § 7, effective May 20. L. 2025: Entire section amended, (SB 25-300), ch. 428, p. 2457, § 61, effective August 6.