Colorado § 24-36-502 Definitions

Colorado Statutes

§ 24-36-502 — Definitions

Colorado § 24-36-502

Title 24Government

Art.Department of the Treasury

This text of Colorado § 24-36-502 (Definitions) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 24-36-502 (2026).

Text

As used in this part 5, unless the context otherwise requires:

(1)C corporation has the same meaning as in section 39-22-103 (2.5).

(2)Department means the department of the treasury.

(3)Income tax liability means the liability imposed by section 39-22-301.

(4)Qualified taxpayer means a C corporation authorized to do business in Colorado that has or will have an income tax liability owing to the state. Qualified taxpayer also includes a C corporation that receives or assumes a tax credit transferred in accordance with section 26-36-503 (7)(e).

(5)Tax credit means the tax credit created in section 24-36-503.

(6)Tax credit sale proceeds or sale proceeds means the money or other liquid asset acceptable to the state treasurer that a qualified taxpayer pays to the department t

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As used in this part 5, unless the context otherwise
requires:

(1) C corporation has the same meaning as in section 39-22-103 (2.5).

(2) Department means the department of the treasury.

(3) Income tax liability means the liability imposed by section 39-22-301.

(4) Qualified taxpayer means a C corporation authorized to do business in
Colorado that has or will have an income tax liability owing to the state. Qualified
taxpayer also includes a C corporation that receives or assumes a tax credit
transferred in accordance with section 26-36-503 (7)(e).

(5) Tax credit means the tax credit created in section 24-36-503.

(6) Tax credit sale proceeds or sale proceeds means the money or other
liquid asset acceptable to the state treasurer that a qualified taxpayer pays to the
department that is deposited as specified in section 24-36-406.

Legislative History

Source: L. 2025, 1st Ex. Sess.: Entire part added, (HB 25B-1004), ch. 8, p. 32, � 2, effective August 28; (6) amended, (HB 25B-1006), ch. 10, p. 50, � 11, effective August 29.