CO HB1159

Extends the instream flow incentive tax credit for water rights holders from the original 6-year period (2009-2015) to an additional 5 income tax years, lasting through January 1, 2018

Removes the revenue trigger that previously made the credit unavailable if total general fund revenues would not grow state appropriations by 6% over the previous fiscal year

Expands eligibility criteria to allow donations that either preserve or improve the environment, rather than requiring donations to only preserve the environment

Changes the credit certificate deadline from September 1 to December 1 of the tax year in which the donation is accepted

Extends the repeal date of the entire section from December 31, 2024 to December 31, 2027