{"data":{"id":"us-co/c.r.s.-24-36-502","jurisdiction":"us-co","citation":"C.R.S. § 24-36-502","heading":"Definitions.","body":"As used in this part 5, unless the context otherwise requires:\n\n(1) \"C corporation\" has the same meaning as in section 39-22-103 (2.5).\n\n(2) \"Department\" means the department of the treasury.\n\n(3) \"Income tax liability\" means the liability imposed by section 39-22-301.\n\n(4) \"Qualified taxpayer\" means a C corporation authorized to do business in Colorado that has or will have an income tax liability owing to the state. \"Qualified taxpayer\" also includes a C corporation that receives or assumes a tax credit transferred in accordance with section 24-36-503 (7)(e).\n\n(5) \"Tax credit\" means the tax credit created in section 24-36-503.\n\n(6) \"Tax credit sale proceeds\" or \"sale proceeds\" means the money or other liquid asset acceptable to the state treasurer that a qualified taxpayer pays to the department that is deposited as specified in section 24-36-406.","path":["Title 24 - GOVERNMENT - STATE","Article 36 - Department of the Treasury","Part 5 - SALE OF CORPORATE TAX CREDITS"],"source_url":"https://olls.info/crs/crs2026-title-24.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"21f4ef2f2dbc63c40b93eeb084499e74737fd94ec932c5957d1a16dc5f1b5b00","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-24-36-501","next":"us-co/c.r.s.-24-36-503"},"notice":"GroundRules: Original legal text. Not legal advice."}