Section 39-36-103 - DefinitionsAs used in this article 36, unless the context otherwise requires:
(1) "Certification" means the written tax credit certificate documenting a taxpayer's income tax credit claim pursuant to section 39-30-104, 39-30-105.1, or 39-30-105.5 and the estimated value of each credit certified by the CHIPS zone administrator, for which the taxpayer received precertification in accordance with section 39-36-104 (5)(b).(2) "CHIPS Act" means the federal "Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022", Pub.L. 117-167, as amended.(3) "CHIPS zone" means a semiconductor manufacturing zone approved by the commission pursuant to section 39-36-104 (2)(a).(4) "Commission" means the Colorado economic development commission created in section 24-46-102 (1).(5) "Department" means the Colorado department of revenue.(6) "Director" means the director of the office.(7) "Office" means the Colorado office of economic development created in section 24-48.5-101.(8) "Precertification" means the written precertification of a taxpayer's proposed project and any related income tax credit claims pursuant to section 39-30-104, 39-30-105.1, or 39-30-105.5, by the CHIPS zone administrator in reliance on the taxpayer's representations pursuant to section 39-36-104 (5)(a).(9) "Refund certificate" has the same meaning as set forth in section 24-46-108 (1)(i).(10) "Semiconductor manufacturing" has the same meaning as set forth in section 24-46-108 (1)(j).(11) "Taxpayer" means a person engaged in semiconductor manufacturing that is subject to tax under article 22 of this title 39.Amended by 2024 Ch. 490,§ 88, eff. 8/7/2024.Added by 2023 Ch. 227,§ 7, eff. 5/20/2023.2024 Ch. 490, was passed without a safety clause. See Colo. Const. art. V, § 1(3).