
In the news
Colorado seeks
Spaceport Designation at Front Range Airport.
Colorado is pursuing Federal Aviation Administration designation for a spaceport, with Adams County’s Front Range Airport as the likely site for the facility. The announcement was made by Governor John Hickenlooper at the Colorado Space Business Roundup on n December 7, 2011. The facility would allow for tourism, travel and cargo transport to space and from point to point on Earth.
Adams County Lands
$300 Million GE/PrimeStar Solar Project
PrimeStar Solar, a division of General Electric (GE) announced that it has selected Adams County as the site of its new thin film solar manufacturing facility. The company will invest up to $300 million in the project and add 355 new jobs to the county.
ACED Activities & Events
Transportation Taskforce Meeting
Thu. February 2
8:00 a.m. – 9:30 a.m.
ACED Board Room
ACEC Open Meeting
Wed. February 15
7:30 a.m. – 9:00 a.m.
ACED Board Room
Business Retention Taskforce Meeting
Tue. February 21
11:00 a.m. – 1:00 p.m.
ACED Board Room
ACED Investors Forum
Thu. February 23
11:00 a.m. – 1:00 p.m.
DoubleTree Thornton
Economic Forecast
Speaker: Mark Snead
ACED Business Policy Strikeforce
Thu. February 28
3:30 p.m. -5:00 p.m.
ACED Board Room
ACED Board of Directors Meeting
Thu. January 26
11:00 a.m. – 1:00 p.m.
Legislative Preview by Danny Tomlinson
Event Presentation
Enterprise Zone
Colorado’s Enterprise Zone program provides tax incentives to encourage businesses to locate and expand in designated economically distressed areas of the state. There are 16 Enterprise Zones and 2 sub-zones in Colorado. Businesses located in an Enterprise Zone may qualify for up to nine Enterprise Zone Tax Credits that encourage job creation and investment in the Enterprise Zone. Local jurisdictions may have additional incentive opportunities in the Enterprise Zone. Please use the grey, left-hand navigation bar indented beneath “Enterprise Zone (EZ)” for links to other EZ resources (Tax Credits, State Map, EZ Administrator Contact Info, Enhanced Rural EZ, Contribution Projects, Public Records Law & Annual Reports).
For more information on legislative changes, please visit the EZ Legislation web page.
Overview Table
Please use the links provided in the table below to access the Department of Revenue tax form and FYI Publication for each tax credit. If claiming Enterprise Zone tax credits it is recommended that you review the Enterprise Zone FYI Publications available from the Department of Revenue.
| TAX CREDIT | CREDIT AMOUNT | FORM | FYI |
| Investment Tax Credit | 3% of equipment purchases | DR0074 | FYI Income 11 |
| Job Training Tax Credit | 10% of qualified training expenses | DR0074 | FYI Income 31 |
| New Business Facility (NBF) Tax Credits: |
NBF status req’d for these 3 credits |
– |
– |
| Jobs Credit | $500 per new job | DR0074 | FYI Income 10 |
| Ag Processing Jobs Credit | $1,000 total per new a.p. job | DR0074 | FYI Income 10 |
| Health Insurance Credit | $200 x 2 years per new h.i. job | DR0074 | FYI Income 10 |
| R&D Increase Tax Credit | 3% of increased R&D expenditures | DR0077 | FYI Income 22 |
| Vacant Building Rehabilitation Tax Credit | 25% of rehabilitation expenditures | DR0076 | FYI Income 24 |
| Manufacturing / Mining Sales and Use Tax | Expanded S&U tax exemption in EZ | DR1191 | FYI Sales 10 FYI Sales 69 |
| Commercial Vehicle Investment Tax Credit (CVITC) | 1.5% of commercial vehicle purchases | CVITC Application | CVITC Details FYI Income 11 |
| Contributions to Enterprise Zone Projects | 25% cash / 12.5% in-kind of donation | DR0075* | FYI Income 23 |
| Local Incentives | Increased incentives in some EZ areas | N/A | N/A |
*EZ Contribution Project will provide contributor w/ the DR0075 form.
For more information, please visit the Tax Credits page of our website, or click to download a 2010 Fact Sheet:
Important 2012 Legislative Changes
Enhanced Rural Enterprise Zone Fact Sheet
Enterprise Zone CVITC Fact Sheet
Certification Forms
Enterprise Zone tax certification forms:
Listed to the right are the forms needed for each Enterprise Zone Tax Credit. Click on the form name to download the form.
Note: You will need Adobe Acrobat Reader to view and print forms. To download the free Adobe software, click here.
The steps for certification are as follows:
- Log on to https://www.colorado.gov/apps/oedit/enterpriseCert/home.jsf to request certification of Enterprise Zone Tax Credits. Fully complete, sign and date the enterprise zone tax form. Please complete all questions on the form, including employment and investment figures, whether or not you are claiming credits related to employment and/or investments. These figures are used for state statistical purposes.
- Automatic electronic delivery of Adams County Enterprise Zone tax forms are submitted for approval to:
Erin Beckstein
Enterprise Zone Administrator
Phone: 303-453-8510
Fax: 303-453-8505
Email: EBeckstein@AdamsCountyED.com - Upon receiving your fully completed certification form from the state, ACED will certify that your location is located within the Adams County Enterprise Zone. It will be signed, dated and a confirmation via email returned within 48 hours.
- Certified forms via hard copy (prior to 2012) will require a copy of the fully executed certification form attached to your Colorado income tax return when you file. If filed electronically, a copy of the electronic form submitted in addition to the confirmation e-mail needs to accompany the Colorado income tax return. It is important documentation required by the State to substantiate your claim for credits taken. Do not send the form independently of your tax return; it must be attached to your return like any other supporting schedule.
Erin Beckstein
Adams County Economic Development
12200 Pecos Street, Suite 100
Westminster, CO 80234
Phone: 303-453-8510 Fax: 303-453-8505
Email: EBeckstein@AdamsCountyED.com
