CO HB1296

Removes the 5% bonus for historic preservation tax credits on commercial structures in disaster areas, aligning treatment with residential structures

Imposes state sales tax on interstate telephone and telegraph services beginning July 1, 2025, matching 28 other states that tax such services when one endpoint is in-state

Repeals the business personal property tax income tax credit for tax years beginning January 1, 2026, as fewer than 1% of eligible taxpayers claim it and the current $52,000 exemption threshold already provides relief

Caps the enterprise zone investment tax credit at $2 million per taxpayer starting January 1, 2026, with a waiver process through the Colorado Economic Development Commission for larger investments demonstrating substantial economic impact

Extends the child care center investment tax credit from January 1, 2026 to January 1, 2029