Colorado § 39-32-105 - Credit against tax - investment in technology infrastructure.
Full text of Colorado Colorado Revised Statutes § 39-32-105 — Credit against tax - investment in technology infrastructure., with citation guidance and answers to common questions.
§ 39-32-105. Credit against tax - investment in technology infrastructure.
(1) There shall be allowed to any person as a credit against the tax imposed by article 22 of this title, for income tax years commencing on or after January 1, 1999, but prior to January 1, 2005, an amount equal to ten percent of the amount of the total investment made during such years in technology infrastructure required to provide internet access in rural technology enterprise zones. Such credit may be claimed only for specific capital investments in technology infrastructure that will qualify for income tax credits in such zone as specified by the public utilities commission pursuant to section 39-32-104 (1)(d). The credit claimed by a person pursuant to this section shall not exceed one hundred thousand dollars in any one tax year.
(2) If the credit allowed under this section exceeds the income taxes otherwise due on the claimant's income, the amount of the credit not used as an offset against income taxes may be carried forward as a tax credit against subsequent years' income tax liability for a period not to exceed ten years and shall be applied first to the earliest years possible.
Source: L. 98: Entire article added, p. 697, § 1, effective May 18.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 39-32-105
What does Colorado Revised Statutes § 39-32-105 cover?
Section 39-32-105 ("Credit against tax - investment in technology infrastructure.") 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 § 39-32-105?
A common citation format is "Colorado Revised Statutes § 39-32-105" (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 § 39-32-105 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
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.