CO HB1230

Extends Colorado's conservation easement tax credit from tax year 2031 to tax year 2036, allowing taxpayers to claim credits for donating perpetual conservation easements on real property to governmental entities or qualified charitable organizations

Maintains the annual cap of $50 million in tax credit certificates that may be issued for calendar years 2025 through 2036 (previously capped at 2031)

Extends the repeal date of the conservation easement tax credit statute from January 1, 2052 to January 1, 2057

Credits apply to donations that qualify under IRS Section 170(h) for qualified conservation contributions, with credits over $100,000 subject to additional provisions

Colorado families have conserved over 3.5 million acres of working farms, ranches, and private lands through conservation easements over the past 60 years