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HB 1105 Innovation Investment Tax Credit

HB 1105 (PDF) recognizes the fact that many promising start-up companies go unfunded and uninitiated each year because of a lack of investment capital.

Investors can now claim a fifteen percent state income tax credit when they invest in a promising, innovative research and development or manufacturing company.

Colorado is one of eighteen states that offer similar investment incentives that assist in creating companies and jobs. Gov. Bill Ritter signed a number of bills, including HB1105, at the Council Tree Library at Front Range Village in early June.