Colorado § 39-30-107.5 - Taxable property valuations - sales taxes - incentives - definitions.
Full text of Colorado Colorado Revised Statutes § 39-30-107.5 — Taxable property valuations - sales taxes - incentives - definitions., with citation guidance and answers to common questions.
§ 39-30-107.5. Taxable property valuations - sales taxes - incentives - definitions.
(1) (a) Notwithstanding any law to the contrary, any special district, county, municipality, or city and county within an enterprise zone may negotiate with any taxpayer who qualifies for a credit pursuant to section 39-30-105.1 for an incentive payment or credit equal to not more than the amount of the taxes levied upon the taxable property of the taxpayer; but in no instance shall any such negotiation result in such an incentive payment or credit which is greater than the difference between the current property tax liability and the tax liability for the same property for the year preceding the year in which the enterprise zone was approved.
(b) A special district shall not enter into an agreement pursuant to the provisions of this subsection (1) unless, prior to or simultaneous with the execution of the agreement, the taxpayer also enters into an agreement with a municipality or county pursuant to this section.
(2) Notwithstanding any law to the contrary, any county, municipality, or city and county within an enterprise zone may negotiate with any taxpayer who qualifies for a credit pursuant to section 39-30-105.1 a refund of the sales taxes levied by such county, municipality, or city and county for the purchase of equipment, machinery, machine tools, or supplies used in the taxpayer's business in the enterprise zone.
(3) As used in this section, unless the context otherwise requires:
(a) and (b) Repealed.
(c) "Special district" means a special district as defined in section 32-1-103 (20), C.R.S.
Source: L. 87: Entire section added, p. 1472, § 4, effective May 28. L. 92: Entire section amended, p. 2220, § 4, effective May 29. L. 94: (1) amended, p. 2834, § 5, effective January 1, 1995. L. 95: Entire section amended, p. 1213, § 2, effective May 31. L. 2005: (1) amended and (3)(c) added, pp. 107, 108, §§ 2, 3, effective August 8. L. 2007: IP(3), (3)(a), and (3)(b) amended, p. 352, § 10, effective August 3. L. 2014: (1)(a) and (2) amended and (3)(a) and (3)(b) repealed, (HB 14-1363), ch. 302, p. 1275, § 44, effective May 31. L. 2020: (1)(a) and (2) amended, (HB 20-1166), ch. 103, p. 398, § 8, effective April 1.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 39-30-107.5
What does Colorado Revised Statutes § 39-30-107.5 cover?
Section 39-30-107.5 ("Taxable property valuations - sales taxes - incentives - definitions.") 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 § 39-30-107.5?
A common citation format is "Colorado Revised Statutes § 39-30-107.5" (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 § 39-30-107.5 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
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.