Colorado § 39-30.5-106 Rural jump-start zone - local government requirements

Colorado Statutes

§ 39-30.5-106 — Rural jump-start zone - local government requirements

Colorado § 39-30.5-106

Title 39Taxation

Art.Rural Jump-start Zone Act

This text of Colorado § 39-30.5-106 (Rural jump-start zone - local government requirements) 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. § 39-30.5-106 (2026).

Text

(1)Before the commission may approve a rural jump-start zone as specified in section 39-30.5-104, the following must occur:

(a)An interested distressed county must adopt a resolution affirming that it will provide incentive payments, exemptions, or refunds, as appropriate, to new businesses to eliminate the business personal property tax imposed on all new businesses by the distressed county. The distressed county may adopt an additional resolution affirming that it chooses to provide incentive payments, exemptions, or refunds, as appropriate, to all new businesses to eliminate any other tax imposed on or paid by such new businesses in the distressed county.

(b)Interested municipalities within an interested distressed county must adopt either:

(I)A general resolution affir

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(1)
Before the commission may approve a rural jump-start zone as specified in section
39-30.5-104, the following must occur:

(a) An interested distressed county must adopt a resolution affirming that it
will provide incentive payments, exemptions, or refunds, as appropriate, to new
businesses to eliminate the business personal property tax imposed on all new
businesses by the distressed county. The distressed county may adopt an additional
resolution affirming that it chooses to provide incentive payments, exemptions, or
refunds, as appropriate, to all new businesses to eliminate any other tax imposed on
or paid by such new businesses in the distressed county.

(b) Interested municipalities within an interested distressed county must
adopt either:

(I) A general resolution affirming that it will provide incentive payments,
exemptions, or refunds, as appropriate, to all new businesses to eliminate the
business personal property tax imposed on new businesses by the interested
municipality. The interested municipality may adopt an additional resolution
affirming that it chooses to provide incentive payments, exemptions, or refunds, as
appropriate, to all new businesses to eliminate any other tax imposed on or paid by
such new businesses in the interested municipality.

(II) A limited resolution affirming that it will provide incentive payments,
exemptions, or refunds, as appropriate, to a specific new business to eliminate the
business personal property tax imposed on the specific new business by the
interested municipality. The interested municipality may adopt an additional
resolution affirming that it chooses to provide incentive payments, exemptions, or
refunds, as appropriate, to the specific business to eliminate any other tax imposed
on or paid by the specific business in the interested municipality.