| Notice Filed with SOS |
10/25/2021 |
| Rule |
ProposedRuleAttach2021-00683.doc
|
| Additional Information |
AddInfoAttach2021-00683.doc
|
| Statutory Authority |
39-21-112(1), 39-21-113, 39-22-123, and 39-22-123.5, C.R.S. |
| Description of Subjects/Issues |
The purpose of this amendment is to repeal the rule because it is obsolete. The credit in section 39-22-123, C.R.S., was available only in TABOR surplus years and only in income tax years for which a credit was not allowed under section 39-22-123.5, C.R.S. On January 1, 2016, the credit in section 39-22-123.5, C.R.S., became available every tax year and superseded the credit in section 39-22-123, C.R.S. |
| Purpose/Objective of Rule |
The purpose of this amendment is to repeal the rule because it is obsolete. The credit in section 39-22-123, C.R.S., was available only in TABOR surplus years and only in income tax years for which a credit was not allowed under section 39-22-123.5, C.R.S. On January 1, 2016, the credit in section 39-22-123.5, C.R.S., became available every tax year and superseded the credit in section 39-22-123, C.R.S. |
| Basis And Purpose |
BasisAndPurposeAttachment2021-00683.doc
|
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
11/30/2021 |
| Hearing Time |
10:00 AM |
| Hearing Location |
Virtual Hearing See Comments |
| Contact Name |
Anthony Fiedler |
| Contact Title |
Administrative Assistant III |
| Contact Telephone |
303 866 5627 |
| Contact email |
dor_taxrules@state.co.us |