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CO HB1307

Bill

Status

Passed

5/22/2015

Primary Sponsor

Daneya Esgar

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Modifies the definition of "qualified commercial structure" under Colorado's Job Creation and Main Street Revitalization Act tax credit for historic preservation
  • Expands eligibility to include income-producing or commercial properties located in Colorado that are at least fifty years old
  • Qualifies properties if they are listed individually or as contributing properties in the State Register of Historic Properties, designated as landmarks by certified local governments, or listed as contributing properties within designated historic districts of certified local governments
  • Removes the requirement that properties be "certified historic structures" certified by the historical society under federal Internal Revenue Code section 47(c)(1)(A) and (B)
  • Takes effect August 5, 2015, or upon voter approval in November 2016 if a referendum petition is filed

Legislative Description

Mod Def Preserve Historic Structures Tax Credit

Last Action

Governor Signed

5/22/2015

Committee Referrals

Business, Labor, & Technology4/14/2015
Committee of the Whole4/2/2015
Business Affairs and Labor3/24/2015

Full Bill Text

No bill text available