Mike Lynch
- Republican
- Representative
- District 65
Primary
The act extends the advanced industry investment tax credit (credit) for an additional 4 years, increases the aggregate annual maximum amount of credits that may be allowed from $750,000 to $4 million, increases the credit from 30% to 35% of the amount of a qualified investment in rural or economically distressed areas, and increases the total amount of the credit for each qualified investment from $50,000 to $100,000. Current law requires that individuals who are co-owners of a business claim only their pro rata share of the credit. The act allows the credit to be allocated among partners, shareholders, members, or other constituent qualified investors in any manner agreed to by such partners, shareholders, members, or other constituent qualified investors. The act appropriates $90,000 to the office of the governor for use by economic development programs for advanced industries. (Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
House Considered Senate Amendments - Result was to Concur - Repass
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed with Amendments - Committee
Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
Senate Committee on Finance Refer Amended to Appropriations
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Committee on Appropriations Refer Amended to House Committee of the Whole
House Committee on Finance Refer Amended to Appropriations
| Bill Text Versions | Format |
|---|---|
| Signed Act (06/03/2022) | |
| Final Act (05/31/2022) | |
| Rerevised (05/09/2022) | |
| Revised (05/06/2022) | |
| Reengrossed (04/28/2022) | |
| Engrossed (04/27/2022) | |
| Introduced (02/04/2022) | |
| PA3 (05/05/2022) | |
| PA2 (04/27/2022) | |
| PA1 (03/01/2022) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (04/26/2022) | |
| Fiscal Note SA2 (05/05/2022) | |
| Fiscal Note FN1 (02/25/2022) | |
| Fiscal Note FN2 (05/03/2022) | |
| Fiscal Note FN3 (05/05/2022) | |
| Fiscal Note FN4 (10/11/2022) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
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