| Notice Filed with SOS |
12/28/2018 |
| Rule |
ProposedRuleAttach2018-00716.doc |
| Additional Information |
AddInfoAttach2018-00716.doc |
| Statutory Authority |
§39-21-112(1), §39-21-113, and §39-22-522, § 39-22-522.5, C.R.S. |
| Description of Subjects/Issues |
Conservation Easement Tax Credit - The purpose of this amendment is to conform to legislative changes made by House Bill 18-1291, which created the Division of Conservation within the Department of Regulatory Agencies (DORA) and vested this new Division with the oversight of: the conservation easement oversight committee, the program to certify conservation easement holders, and the program to certify conservation easement tax credits. Previously these programs were under the purview of the Division of Real Estate at DORA.
Amendments to the rule include updated citations to statute and changing references from of the Division of Real Estate to the Division of Conservation. The Division is proposing to reorganize paragraph (3) to improve readability while keeping intact the existing regulatory language. Additional grammatical and stylistic changes are proposed in order to improve readability. |
| Purpose/Objective of Rule |
The purpose of this amendment is to conform to legislative changes made by House Bill 18-1291, which created the Division of Conservation within the Department of Regulatory Agencies (DORA) and vested this new Division with the oversight of: the conservation easement oversight committee, the program to certify conservation easement holders, and the program to certify conservation easement tax credits. Previously these programs
were under the purview of the Division of Real Estate at DORA. Amendments to the rule include updated citations to statute and changing references from of the Division of Real Estate to the Division of Conservation. The Division is proposing to reorganize paragraph (3) to improve readability while keeping intact the existing regulatory language. Additional grammatical and stylistic changes are proposed in order to improve readability. |
| Basis And Purpose |
BasisAndPurposeAttachment2018-00716.doc
|
| Comments |
Written comments on proposed rules will be accepted until the close of the hearing on January 31, 2019. Please submit comments via email to dor_taxrules@state.co.us |
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
Yes
|
| Recent legislation bill number |
HB18-1291
|
| Hearing Date |
01/31/2019 |
| Hearing Time |
09:00 AM |
| Hearing Location |
1313 Sherman Street, Room 220, Denver, CO 80203 |
| Contact Name |
Josh Pens |
| Contact Title |
Director of Tax Policy Analysis |
| Contact Telephone |
303 866 3036 |
| Contact email |
josh.pens@state.co.us |