Colorado § 39-36-103 Definitions

Colorado Statutes

§ 39-36-103 — Definitions

Colorado·Title 39 Taxation·Art. CHIPS Zone Act

As used in this article 36, unless the context otherwise requires:

(1)Certification means the written tax credit certificate documenting a taxpayer's income tax credit claim pursuant to section 39-30-104, 39-30-105.1, or 39-30-105.5 and the estimated value of each credit certified by the CHIPS zone administrator, for which the taxpayer received precertification in accordance with section 39-36-104 (5)(b).

(2)CHIPS Act means the federal Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022, Pub.L. 117-167, as amended.

(3)CHIPS zone means a semiconductor manufacturing zone approved by the commission pursuant to section 39-36-104 (2)(a).

(4)Commission means the Colorado economic development commission created in section 24-46-102 (1).

(5)Department me

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As used in this article 36, unless the context
otherwise requires:

(1) Certification means the written tax credit certificate documenting a
taxpayer's income tax credit claim pursuant to section 39-30-104, 39-30-105.1, or
39-30-105.5 and the estimated value of each credit certified by the CHIPS zone
administrator, for which the taxpayer received precertification in accordance with
section 39-36-104 (5)(b).

(2) CHIPS Act means the federal Creating Helpful Incentives to Produce
Semiconductors and Science Act of 2022, Pub.L. 117-167, as amended.

(3) CHIPS zone means a semiconductor manufacturing zone approved by
the commission pursuant to section 39-36-104 (2)(a).

(4) Commission means the Colorado economic development commission
created in section 24-46-102 (1).

(5) Department means the Colorado department of revenue.

(6) Director means the director of the office.

(7) Office means the Colorado office of economic development created in
section 24-48.5-101.

(8) Precertification means the written precertification of a taxpayer's
proposed project and any related income tax credit claims pursuant to section 39-30-104, 39-30-105.1, or 39-30-105.5, by the CHIPS zone administrator in reliance on
the taxpayer's representations pursuant to section 39-36-104 (5)(a).

(9) Refund certificate has the same meaning as set forth in section 24-46-108 (1)(i).

(10) Semiconductor manufacturing has the same meaning as set forth in
section 24-46-108 (1)(j).

(11) Taxpayer means a person engaged in semiconductor manufacturing
that is subject to tax under article 22 of this title 39.

Colorado § 39-36-103 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2023: Entire article added, (HB 23-1260), ch. 227, p. 1191, � 7, effective May 20. L. 2024: Entire section amended, (HB 24-1450), ch. 490, p. 3428, � 88, effective August 7.