The legislative session is scheduled to end on Wednesday, May 11th, or in about 12 days. As we enter the final stretch, the CBSA team continues to weigh in on key legislation and advocate on behalf of our life sciences ecosystem.
Here is a brief recap of CBSA’s remaining priorities for the session and where things stand this Friday.
Supported Legislation
HB22-1149: Advanced Industry Investment Tax Credit
Sponsors: Rep. Shannon Bird, Rep. Mike Lynch, Sen. Bob Rankin, Sen. Chris Hansen
CBSA is proud to lead the advocacy efforts to reauthorize the Advanced Industries Investment Tax Credit this session through HB22-1149. The credit supports access to capital for companies in Colorado’s designated Advanced Industries, including life sciences. The credit currently allows individuals who make qualifying investments to claim an income tax credit equal to 25% of their investment or 30% (proposed increase to 35%) in a business that is located… Click here to view original post
