The Colorado Enterprise Zone (EZ) Program, created by the Colorado Legislature (C.R.S. Title 39, Article 30), offers state income tax credits to encourage development in economically distressed areas.
Enterprise Zone (EZ) Program Overview
In designated Enterprise Zones:
- Business may earn state income tax credits and sales & use tax exemptions for specific business investments performed.
- Local governments and nonprofits can setup contribution projects to achieve economic development goals.
- Taxpayers who contribute to approved Enterprise Zone Contribution Projects may earn state income tax credits.
Enterprise Zone Income Tax Credits & Additional Incentives
3% Investment Tax Credit
1.5% Commercial Vehicle Tax Credit
12% Job Training Tax Credit
$1,100 New Employee Tax Credit
$500 Agricultural Processor New Employee Tax Credit
$1,000 Employer-Sponsored Health Insurance Tax Credit
3% Research & Development Tax Credit
25% Vacant Commercial Building Rehabilitation Tax Credit
Expanded Manufacturing & Mining Sales & Use Exemption
Contribution Tax Credit
Enterprise Zone Applications and Resources
Informational Resources
Contact Us
Sara Lobato
Economic Development Analyst
9 E. Vermijo Ave.
Colorado Springs, CO 80903
719-520-6480
saralobato@elpasoco.com