Colorado § 12-15-105 - Conservation easement tax credit certificates - rules.
Full text of Colorado Colorado Revised Statutes § 12-15-105 — Conservation easement tax credit certificates - rules., with citation guidance and answers to common questions.
§ 12-15-105. Conservation easement tax credit certificates - rules.
(1) The division shall receive tax credit certificate applications from and issue certificates to landowners for income tax credits for conservation easements donated on or after January 1, 2011, in accordance with section 39-22-522 (2.5) and this article 15. Nothing in this section restricts or limits the authority of the division to enforce this article 15. The division may promulgate rules in accordance with article 4 of title 24 for the issuance of the certificates. In promulgating rules, the division may include provisions governing:
(a) The review of the tax credit certificate application pursuant to this article 15;
(b) The administration and financing of the certification process;
(c) The notification to the public regarding the aggregate amount of tax credit certificates that have been issued pursuant to section 39-25-522 (2.5);
(d) The notification to the landowner, the entity to which the easement was granted, and the department of revenue regarding the tax credit certificates issued; and
(e) Any other matters related to administering section 39-22-522 (2.5) or this article 15.
(2) The division shall apply the amount claimed in a completed tax credit certificate application against the annual tax credit limit in the order that completed applications are received. The division shall apply claimed tax credit amounts that exceed the annual limit in any year against the limit for the next available year and issue tax credit certificates for use in the year in which the amount was applied to the annual limit.
(3) The division shall not issue tax credit certificates that in aggregate exceed the limit set forth in section 39-22-522 (2.5) during a particular calendar year. The division may issue multiple tax credit certificates for a single conservation easement as required by section 39-22-522.
Source: L. 2019: Entire title R&RE with relocations, (HB 19-1172), ch. 136, p. 722, § 1, effective October 1. L. 2024: (1)(c) and (3) amended, (SB 24-126), ch. 211, p. 1290, § 4, effective August 7.
Editor's note: This section is similar to former § 12-61-1105 as it existed prior to 2019.
Cross references: For the legislative declaration in SB 24-126, see section 1 of chapter 211, Session Laws of Colorado 2024.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 12-15-105
What does Colorado Revised Statutes § 12-15-105 cover?
Section 12-15-105 ("Conservation easement tax credit certificates - rules.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 12-15-105?
A common citation format is "Colorado Revised Statutes § 12-15-105" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 12-15-105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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