Colorado § 39-30-102 Legislative declaration

Colorado Statutes

§ 39-30-102 — Legislative declaration

Colorado § 39-30-102

Title 39Taxation

Art.Urban and Rural Enterprise Zone Act

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Bluebook

Colo. Rev. Stat. § 39-30-102 (2026).

Text

(1)The general assembly hereby finds and declares:

(a)That the health, safety, and welfare of the people of this state are dependent upon the continued encouragement, development, and expansion of opportunities for employment in the private sector in this state;

(b)That there currently exist in this state both rural and urban areas which require new employment opportunities to overcome conditions of unemployment, underemployment, net out-migration of the population, chronic economic distress, deterioration of main street business districts, or sudden and severe economic dislocations and that such conditions may well exist, from time to time, in other areas of the state; and

(c)That some rural counties in this state continue to have difficulty in promoting economic growth de

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(1) The general assembly hereby finds
and declares:

(a) That the health, safety, and welfare of the people of this state are
dependent upon the continued encouragement, development, and expansion of
opportunities for employment in the private sector in this state;

(b) That there currently exist in this state both rural and urban areas which
require new employment opportunities to overcome conditions of unemployment,
underemployment, net out-migration of the population, chronic economic distress,
deterioration of main street business districts, or sudden and severe economic
dislocations and that such conditions may well exist, from time to time, in other
areas of the state; and

(c) That some rural counties in this state continue to have difficulty in
promoting economic growth despite the existence of enterprise zones and their
associated tax credits.

(2) It is, therefore, declared to be the policy of the state, in order to provide
incentives for private enterprise to expand and for new businesses to locate in such
economically depressed areas and to provide more job opportunities for residents
of such areas, to establish a pilot program for tax incentives and other assistance
for enterprises in designated areas to be known as enterprise zones.

(3) (a) It is the intent of the general assembly that state agencies, including
but not limited to the division of local government in the department of local affairs,
the department of labor and employment, the department of revenue, the state
board for community colleges and occupational education in the department of
higher education, and the Colorado office of economic development created in the
office of the governor, place special emphasis on providing assistance to
designated enterprise zones.

(b) It is further declared to be the intent of the general assembly that areas
so designated also be eligible to apply for designation under federal enterprise
zone legislation that may be enacted.

Legislative History

Source: L. 86: Entire article added, p. 1139, � 1, effective July 1. L. 97: (3)(a) amended, p. 527, � 11, effective July 1. L. 2002: (1)(c) added, p. 1103, � 1, effective August 7. L. 2008: (3)(a) amended, p. 216, � 1, effective March 26.