Colorado Governor Signs Law Making Key Changes to Various Tax Provisions

The Colorado Governor signed law amending various tax provisions. The law includes: 1) modifying provisions related to the tax credit for historic preservation; 2) capping the enterprise zone investment tax credit at $2 million per taxpayer, for qualified property not directly used in retail fuel sales or wireless telecommunications facilities, with potential waivers available through an application process, for tax years beginning on or after Jan. 1, 2026; 3) repealing the business personal property tax income tax credit, effective Jan. 1, 2026; 4) imposing sales tax on interstate telephone and telegraph services originating or terminating in Colorado, effective July 1; ...