CO HB1287

Extends the Colorado Job Growth Incentive Tax Credit eligibility period from income tax years beginning before January 1, 2015 to before January 1, 2020, allowing five additional years of credit availability.

Changes the credit period definition to clarify it runs up to 60 consecutive months from the first month of the initial tax year in which the credit is first claimed.

Extends the annual reporting requirement deadline from September 1, 2019 to September 1, 2024, requiring the commission to report to the department on taxpayers receiving credits and any disallowed credits.

Extends the repeal date of the entire tax credit program from January 1, 2025 to January 1, 2030, providing five additional years before the credit expires.