CO SB286

Extends excess enterprise zone investment tax credits for renewable energy investments from 12 to 20 income tax years for credits claimed in tax years beginning before January 1, 2018.

Allows taxpayers who deferred credits exceeding $500,000 during 2011-2013 to claim deferred credits for 20 income tax years plus one additional year for each year the credit was deferred, if related to renewable energy investments.

Defines "renewable energy investment" to include solar thermal electric, photovoltaic, landfill gas, wind, biomass, hydroelectric, geothermal electric, recycled energy, anaerobic digestion, and renewable fuel cell projects.

Requires the Colorado Economic Development Commission to annually post enterprise zone investment tax credit information on its website, including whether credits are for renewable energy investments.

Takes effect upon passage; Section 2 takes effect only if House Bill 13-1142 becomes law.