CO SB152

Creates a 25% income tax credit for qualifying food and beverage retailers that purchase produce and animal products from Colorado-based producers practicing regenerative agriculture for tax years 2026-2030.

Requires retailers to apply annually to the Department of Agriculture for a tax credit certificate, with purchases verified at point of sale by qualifying producers.

Limits total tax credit certificates issued to $2.5 million per calendar year, with applications processed on a first-come, first-served basis and excess applications placed on a wait list capped at $1 million.

Requires the Department of Agriculture to maintain a database and provide information to the Department of Revenue and State Auditor for effectiveness evaluation.

Reduces the credit by 50% if state revenues are projected to increase by less than 4% annually, with no certificate issued if the reduced credit is $500 or less; program repeals December 31, 2035.