The Colorado State Treasurer has launched the second phase of the state’s tax credit sale, a program designed to raise up to $100 million for Colorado’s General Fund. This initiative is part of an ongoing financing strategy that allows the state to generate immediate revenue while offering businesses a way to manage their future tax liabilities.
“Phase two of the tax credit sale expands access to additional companies, helping generate immediate support for the State’s General Fund,” said Colorado State Treasurer Dave Young. “This approach allows the State to collect near-term revenue while enabling businesses to responsibly manage future tax liabilities.”
The current phase builds on a previous sale limited to insurance companies with qualified or regional homes in Colorado, which closed on December 22, 2025. Now, eligibility extends through February 6, 2026, and includes more premium and corporate income taxpayers.
The sale is authorized under HB25B-1004, passed during the 2025 Special Session. The Department of Treasury has partnered with Advantage Capital for administration. Eligible participants can submit bids at a single price per credit; if accepted by the Treasury, those bids are final.
Tax credits purchased can be claimed in tax years 2026 through 2028. The schedules for using these credits depend on whether they are applied against corporate income tax, insurance premiums, or regulatory taxes. Credits may also be transferred among affiliates and carried forward until the 2033 tax year.
Interested taxpayers must submit a commitment form via coloradocredits.advantagecap.com by February 6, 2026 at 5 p.m. MST and will need to sign a purchase agreement upon acceptance.
A virtual informational session hosted by Advantage Capital is scheduled for January 13, 2026 at 2 p.m. MST for those seeking more details about participation.
The Colorado Department of the Treasury manages public funds from receipt through disbursement and oversees financial programs such as this tax credit sale.
