Second Regular Session
Seventy-fourth General Assembly
STATE OF COLORADO
REVISED
This Version Includes All Amendments Adopted
on Second Reading in the Second House
LLS NO. 24-1124.01 Josh Schultz x5486
HOUSE BILL 24-1439
House Committees Senate Committees
Finance Finance
Appropriations Appropriations
A BILL FOR AN ACT
C
ONCERNING FINANCIAL INCENTIVES RELATED TO APPRENTICESHIP101
PROGRAMS, AND, IN CONNECTION THEREWITH, MAKING AN102
APPROPRIATION.103
Bill Summary
(Note: This summary applies to this bill as introduced and does
not reflect any amendments that may be subsequently adopted. If this bill
passes third reading in the house of introduction, a bill summary that
applies to the reengrossed version of this bill will be available at
http://leg.colorado.gov
.)
For income tax years commencing on or after January 1, 2025, but
before January 1, 2035, section 1 of the bill creates a refundable state
income tax credit (tax credit) that an employer may claim if the employer
employs an apprentice for at least 6 months during an income tax year
and either has a registered apprenticeship program or is an
SENATE
Amended 2nd Reading
May 4, 2024
HOUSE
3rd Reading Unamended
May 1, 2024
HOUSE
Amended 2nd Reading
April 30, 2024
HOUSE SPONSORSHIP
Willford and Weinberg, Amabile, Bacon, Bird, Boesenecker, Daugherty, English,
Froelich, Hamrick, Herod, Jodeh, Kipp, Lieder, Lindsay, Lukens, Mabrey, Marvin, Mauro,
McCluskie, McLachlan, Ortiz, Ricks, Rutinel, Titone, Young
SENATE SPONSORSHIP
Coleman and Baisley,
Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
Capital letters or bold & italic numbers indicate new material to be added to existing law.
Dashes through the words or numbers indicate deletions from existing law. employer-partner of a registered apprenticeship program. The amount of
the tax credit is up to $6,300 for 6 months of employment plus up to
$1,050 for each consecutive additional month of employment, for a
maximum of up to $12,600 per apprentice per income tax year. An
employer may not claim a credit for:
! More than 10 apprentices per income tax year;
! The same apprentice for more than 24 consecutive months;
and
! An apprentice for months when the apprentice did not
receive wages from the employer.
To claim a tax credit, an employer must submit an application for
the reservation of the tax credit and an application to receive an income
tax credit certificate to the state apprenticeship agency (SAA) in the
department of labor and employment (department). The SAA shall review
the applications for specified criteria to determine whether the employer
qualifies for the tax credit and tax credit certificate.
Section 2 ends the state income tax credit for qualified investments
made in a qualified school-to-career program for income tax years after
December 31, 2024.
Section 4 creates the scale-up grant program in the department to
start new registered apprenticeship programs or expand existing programs
in Colorado. The scale-up grant program awards grants from the money
in the scale-up grant fund, which is created in the bill. Eligible grant
recipients include employers or entities operating an apprenticeship
program and that:
! Plan to develop and register a new registered
apprenticeship program; or
! Currently offer a registered apprenticeship program and
plan to expand it.
The bill requires the department to collect specified data regarding
the scale-up grant program and submit a report to specified committees
of the general assembly.
Section 5 creates the qualified apprenticeship intermediary grant
program in the department to support entities that demonstrate expertise
in connecting employers or apprenticeship program participants to
registered apprenticeship programs or in convening stakeholders to
develop registered apprenticeship programs. The qualified apprenticeship
intermediary grant program awards grants from the money in the qualified
apprenticeship intermediary grant fund, which is created in the bill. An
eligible grant recipient must be a qualified apprenticeship intermediary.
The bill requires the department to collect specified data regarding
the qualified apprenticeship intermediary grant program and submit a
report to specified committees of the general assembly.
1439-2- Be it enacted by the General Assembly of the State of Colorado:1
SECTION 1. In Colorado Revised Statutes, add 39-22-560 as2
follows:3
39-22-560. Apprenticeship tax credit - tax preference4
performance statement - legislative declaration - definitions - rules -5
repeal. (1) (a) T
HE GENERAL ASSEMBLY FINDS AND DECLARES THAT :6
(I) C
OLORADO IS COMMITTED TO ACCELERATING NEW7
APPRENTICESHIP PROGRAM GROWTH ON A DIVERSE BASIS , ESPECIALLY IN8
NEW AND EMERGING INDUSTRIES THAT HAVE BEEN TRADITIONALLY9
UNDERREPRESENTED IN REGISTERED APPRENTICESHIPS ; AND10
(II) M
ANY EMPLOYERS ARE INTERESTED IN PROVIDING11
HIGH-QUALITY REGISTERED APPRENTICESHIPS TO ADDRESS THEIR SKILLED12
WORKER SHORTAGES BUT FACE FINANCIAL
BARRIERS, ESPECIALLY SMALL13
BUSINESSES.14
(b) I
N ACCORDANCE WITH SECTION 39-21-304 (1), WHICH15
REQUIRES EACH BILL THAT CREATES A NEW TAX EXPENDITURE TO INCLUDE16
A TAX PREFERENCE PERFORMANCE STATEMENT AS PART OF A STATUTORY17
LEGISLATIVE DECLARATION , THE GENERAL ASSEMBLY FINDS AND18
DECLARES THAT THE PURPOSE OF THE TAX CREDIT PROVIDED FOR IN THIS19
SECTION IS TO INDUCE CERTAIN DESIGNATED BEHAVIOR BY TAXPAYERS20
AND TO PROVIDE A REDUCTION IN INCOME TAX LIABILITY FOR CERTAIN21
BUSINESSES THAT HIRE APPRENTICES . SPECIFICALLY, THIS TAX22
EXPENDITURE IS INTENDED TO INCENTIVIZE THE HIRING OF APPRENTICES23
AND GROWTH OF REGISTERED APPRENTICESHIP PROGRAMS IN NEW AND24
EMERGING INDUSTRIES.25
(c) T
HE GENERAL ASSEMBLY AND THE STATE AUDITOR SHALL26
MEASURE THE EFFECTIVENESS OF THE TAX CREDIT IN ACHIEVING THE27
1439
-3- PURPOSES SPECIFIED IN SUBSECTION (1)(b) OF THIS SECTION BASED ON THE1
NUMBER AND VALUE OF THE CREDITS CLAIMED .2
(2) A
S USED IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE3
REQUIRES:4
(a) "A
PPRENTICE" HAS THE SAME MEANING AS SET FORTH IN5
SECTION 8-15.7-101 (1).6
(b) "C
ERTIFICATE OF REGISTRATION" HAS THE SAME MEANING AS7
SET FORTH IN SECTION 8-15.7-101 (6).8
(c) "C
REDIT" MEANS THE CREDIT AGAINST INCOME TAX CREATED9
IN THIS SECTION.10
(d) "D
EPARTMENT" MEANS THE DEPARTMENT OF REVENUE .11
(e) "E
MPLOYEE" HAS THE SAME MEANING AS SET FORTH IN12
SECTION 39-22-604 (2)(a); EXCEPT THAT "EMPLOYEE" INCLUDES ONLY13
THOSE INDIVIDUALS WHO PERFORM SERVICES FOR THE TAXPAYER FOR AT14
LEAST ONE THOUSAND FORTY HOURS PER INCOME TAX YEAR .15
(f) "N
EW AND EMERGING INDUSTRY " DOES NOT INCLUDE THE16
BUILDING AND CONSTRUCTION TRADES AS DESCRIBED IN SECTION17
8-15.7-105
(4).18
(g) "Q
UALIFIED TAXPAYER" OR "TAXPAYER" MEANS A PERSON19
SUBJECT TO TAX PURSUANT TO THIS ARTICLE 22 THAT IS DOING BUSINESS20
IN THIS STATE AND THAT EMPLOYS AN APPRENTICE IN THE RELEVANT TAX21
YEAR.22
(h) "R
EGISTERED APPRENTICESHIP PROGRAM " HAS THE SAME23
MEANING AS SET FORTH IN SECTION 8-15.7-101 (13).24
(i) "SMALL BUSINESS" MEANS A BUSINESS WITH FEWER THAN FIFTY25
EMPLOYEES.26
(j) "STATE APPRENTICESHIP AGENCY " OR "SAA" HAS THE SAME27
1439
-4- MEANING AS SET FORTH IN SECTION 8-15.7-101 (16).1
(3) (a) S
UBJECT TO THE LIMITATIONS SET FORTH IN SUBSECTION2
(3)(b)
OF THIS SECTION, FOR INCOME TAX YEARS COMMENCING ON OR3
AFTER JANUARY 1, 2025, BUT BEFORE JANUARY 1, 2035, A QUALIFIED4
TAXPAYER IN A NEW AND EMERGING INDUSTRY IS ALLOWED AN5
APPRENTICESHIP TAX CREDIT AGAINST THE INCOME TAX IMPOSED BY THIS6
ARTICLE 22 FOR EACH APPRENTICE WHO IS AN EMPLOYEE OF THE7
TAXPAYER IN THIS STATE FOR NO LESS THAN SIX MONTHS DURING THE8
TAXPAYER'S INCOME TAX YEAR. THE CREDIT IS EQUAL TO UP TO SIX9
THOUSAND THREE HUNDRED DOLLARS FOR SIX MONTHS OF EMPLOYMENT10
PLUS UP TO ONE THOUSAND FIFTY DOLLARS FOR EACH ADDITIONAL MONTH11
OF EMPLOYMENT, FOR A MAXIMUM OF TWELVE THOUSAND SIX HUNDRED12
DOLLARS PER APPRENTICE PER INCOME TAX YEAR ; EXCEPT THAT THE13
TAXPAYER SHALL NOT CLAIM A CREDIT FOR :14
(I) M
ORE THAN TEN APPRENTICES PER INCOME TAX YEAR ;15
(II) T
HE SAME APPRENTICE FOR MORE THAN TWO CONSECUTIVE16
INCOME TAX YEARS; AND17
(III) A
N APPRENTICE FOR MONTHS WHEN THE APPRENTICE DID NOT18
RECEIVE WAGES FROM THE TAXPAYER .19
(b) A
QUALIFIED TAXPAYER MUST EITHER:20
(I) H
AVE ESTABLISHED A REGISTERED APPRENTICESHIP PROGRAM21
IN GOOD STANDING WITH THE SAA AND RECEIVED A CERTIFICATE OF22
REGISTRATION FROM THE STATE APPRENTICESHIP AGENCY ; OR23
(II) B
E AN EMPLOYER-PARTNER OF A REGISTERED APPRENTICESHIP24
PROGRAM
IN GOOD STANDING WITH THE SAA AS VERIFIED BY THE25
QUALIFIED TAXPAYER 'S INCLUSION ON THE COLORADO STATE26
APPRENTICESHIP RESOURCE DIRECTORY PURSUANT TO SECTION 8-83-308.27
1439
-5- (c) TO CLAIM THE CREDIT, THE TAXPAYER MUST RESERVE THE1
CREDIT AS SET FORTH IN SUBSECTION (4) OF THIS SECTION AND ANNUALLY2
APPLY FOR AND RECEIVE AN INCOME TAX CREDIT CERTIFICATE FROM THE3
STATE APPRENTICESHIP AGENCY PURSUANT TO SUBSECTION (5) OF THIS4
SECTION.5
(4) (a) T
O CLAIM A CREDIT PURSUANT TO THIS SECTION , A6
TAXPAYER MUST SUBMIT AN APPLICATION FOR THE RESERVATION OF A TAX7
CREDIT TO THE SAA IN THE FORM AND MANNER PRESCRIBED BY THE SAA.8
(b) T
HE SAA SHALL REVIEW ALL SUBMITTED APPLICATIONS TO :9
(I) D
ETERMINE WHETHER THE APPLICANT IS A QUALIFIED10
TAXPAYER;11
(II) D
ETERMINE WHETHER THE APPLICANT HAS COMPLIED WITH12
THE REQUIREMENTS OF SUBSECTION (3)(b) OF THIS SECTION;13
(III) D
ETERMINE WHETHER THE INDIVIDUAL FOR WHOM THE14
APPLICATION IS SUBMITTED IS AN APPRENTICE , IS AN EMPLOYEE, AND15
COMPLIES WITH ANY STANDARDS SET FORTH IN ARTICLE 15.7 OF TITLE 8;16
AND17
(IV) C
ALCULATE THE NUMBER OF MONTHS EACH PROSPECTIVE18
APPRENTICE IS EXPECTED TO BE EMPLOYED .19
(c) (I) B
ASED UPON THE NUMBER OF APPRENTICES THE QUALIFIED20
TAXPAYER EXPECTS TO EMPLOY , AND THE NUMBER OF MONTHS EACH21
APPRENTICE IS EXPECTED TO BE EMPLOYED , THE SAA MAY RESERVE FOR22
THE BENEFIT OF EACH QUALIFIED TAXPAYER ALL OR PART OF THE CREDIT23
AMOUNT REQUESTED BY THE QUALIFIED TAXPAYER ; EXCEPT THAT THE24
SAA
SHALL NOT RESERVE AN AMOUNT IN EXCESS OF THE CREDIT25
ALLOWED BY SUBSECTION (3)(a) OF THIS SECTION.26
(II)
THE AGGREGATE AMOUNT OF CREDITS RESERVED FOR ALL27
1439
-6- QUALIFIED TAXPAYERS MUST NOT EXCEED FIFTEEN MILLION DOLLARS PER1
CALENDAR YEAR. THE SAA MAY RESERVE CREDITS FOR THE CURRENT OR2
ANY FUTURE CALENDAR YEAR BASED UPON THE EXPECTED EMPLOYMENT3
DATES INDICATED IN A QUALIFIED TAXPAYER 'S APPLICATION. FOR A4
QUALIFIED TAXPAYER WHOSE INCOME TAX YEAR IS NOT A CALENDAR5
YEAR, THE RESERVATION IS EFFECTIVE FOR THE INCOME TAX YEAR THAT6
BEGINS DURING THE CALENDAR YEAR FOR THE RESERVATION .7
(III) I
F, FOR ANY CALENDAR YEAR, THE AGGREGATE AMOUNT OF8
RESERVATIONS FOR TAX CREDITS THE SAA HAS APPROVED IS EQUAL TO9
THE TOTAL AMOUNT OF TAX CREDITS AVAILABLE FOR RESERVATION FOR10
A CURRENT OR FUTURE CALENDAR YEAR , THE SAA SHALL NOTIFY ALL11
QUALIFIED TAXPAYERS T HAT HAVE SUBMITTED APPLICATIONS THEN12
AWAITING APPROVAL OR THAT HAVE SUBMITTED APPLICATIONS FOR13
APPROVAL AFTER THE CALCULATION IS MADE THAT ADDITIONAL14
APPROVALS OF APPLICATIONS FOR RESERVATIONS OF TAX CREDITS SHALL15
NOT BE GRANTED FOR THE CALENDAR YEAR . THE PENDING APPLICATIONS16
MUST REMAIN PENDING IN THE ORDER RECEIVED FOR UP TO TWO YEARS17
AFTER THE DATE THE ORIGINAL APPLICATION IS RECEIVED BY THE SAA18
AND SHALL BE CONSIDERED FOR RESERVATIONS OF TAX CREDITS IN THE19
EVENT THAT ADDITIONAL CREDITS BECOME AVAILABLE PURSUANT TO20
SUBSECTION (5)(b) OF THIS SECTION.21
(d) (I) I
F THE SAA RESERVES CREDITS FOR THE BENEFIT OF A22
QUALIFIED TAXPAYER, THE SAA SHALL NOTIFY THE QUALIFIED TAXPAYER23
OF THE RESERVATION AND THE AMOUNT RESERVED . THE RESERVATION OF24
TAX CREDITS DOES NOT ENTITLE THE QUALIFIED TAXPAYER TO AN25
ISSUANCE OF A TAX CREDIT CERTIFICATE UNTIL THE QUALIFIED TAXPAYER26
COMPLIES WITH ALL OF THE REQUIREMENTS OF THIS SECTION OR27
1439
-7- STANDARDS OF THE SAA FOR THE ISSUANCE OF A TAX CREDIT1
CERTIFICATE.2
(II) T
HE SAA SHALL NOTIFY ANY QUALIFIED TAXPAYER FOR3
WHICH THE SAA DID NOT RESERVE A CREDIT UNDER SUBSECTION (4)(c) OF4
THIS SECTION OF ITS DECISION IN WRITING. IF THE SAA DETERMINES THAT5
A QUALIFIED TAXPAYER'S APPLICATION IS INCOMPLETE OR THAT THE6
APPLICATION DOES NOT COMPLY WITH THE REQUIREMENTS OF THIS7
SECTION OR THE STANDARDS ESTABLISHED BY THE SAA, THE SAA SHALL8
REMOVE THE APPLICATION FROM THE REVIEW PROCESS AND NOTIFY THE9
QUALIFIED TAXPAYER IN WRITING OF ITS DECISION.10
(5) (a) (I) A
QUALIFIED TAXPAYER SHALL SUBMIT AN APPLICATION11
TO THE SAA FOR AN INCOME TAX CREDIT CERTIFICATE TO CLAIM THE12
CREDIT ALLOWED BY THIS SECTION ON A FORM AND IN A M ANNER13
PRESCRIBED BY THE SAA. THE APPLICATION MUST INCLUDE IDENTIFYING14
INFORMATION FOR EACH APPRENTICE EMPLOYED IN THE STATE FOR WHICH15
THE QUALIFIED TAXPAYER IS SUBMITTING AN APPLICATION FOR A TAX16
CREDIT, THE AMOUNT OF CREDIT REQUESTED , AND SUFFICIENT17
INFORMATION TO ALLOW THE SAA TO MAKE A DETERMINATION THAT :18
(A) T
HE TAXPAYER MEETS THE REQUIREMENTS SET FORTH IN THIS19
SECTION;20
(B) T
HE APPRENTICE FOR WHOM THE APPLICATION IS SUBMITTED21
MEETS THE STANDARDS SET FORTH IN ARTICLE 15.7 OF TITLE 8; AND22
(C) T
HE APPRENTICE FOR WHOM THE APPLICATION IS SUBMITTED23
HAS NOT BEEN THE SUBJECT OF A TAXPAYER 'S APPLICATION FOR MORE24
THAN TWO INCOME TAX YEARS .25
(II) E
XCEPT AS PROVIDED IN SUBSECTION (5)(b)(II) OF THIS26
SECTION, THE SAA:27
1439
-8- (A) MAY ISSUE ONE INCOME TAX CREDIT CERTIFICATE PER INCOME1
TAX YEAR TO EACH QUALIFIED TAXPAYER THAT , AT A MINIMUM, SPECIFIES2
THE TAXPAYER'S IDENTIFYING INFORMATION AND THE TOTAL AMOUNT OF3
THE CREDIT ALLOWED; AND4
(B) S
HALL NOT ISSUE AN INCOME TAX CREDIT CERTIFICATE IN5
EXCESS OF THE AMOUNT RESERVED FOR THE QUALIFIED TAXPAYER FOR6
THE CALENDAR YEAR PURSUANT TO SUBSECTION (4) OF THIS SECTION.7
(b) I
F THE ACTUAL AGGREGATE AMOUNT OF INCOME TAX CREDIT8
CERTIFICATES ISSUED FOR A CALENDAR YEAR IS LESS THAN THE MAXIMUM9
AGGREGATE AMOUNT OF CREDITS ALLOWED TO BE RESERVED FOR ALL10
QUALIFIED TAXPAYERS, THE SAA SHALL APPLY THE REMAINING BALANCE11
IN THE FOLLOWING ORDER:12
(I) R
ESERVE THE REMAINING BALANCE FOR ANY APPLICATIONS13
PENDING IN ORDER OF PRIORITY PURSUANT TO SUBSECTION (4)(c)(III) OF14
THIS SECTION;
AND15
(II) I
SSUE AN ADDITIONAL TAX CREDIT CERTIFICATE UP TO THE16
AMOUNT ALLOWED PURSUANT TO SUBSECTION (3)(a) OF THIS SECTION TO17
ANY QUALIFIED TAXPAYER WHOSE ACTUAL CREDIT EARNED EXCEEDED THE18
AMOUNT RESERVED PURSUANT TO SUBSECTION (4) OF THIS
SECTION.19
20
(c) (I) T
HE SAA SHALL MAINTAIN A DATABASE OF ANY21
INFORMATION DETERMINED NECESSARY BY THE SAA TO EVALUATE THE22
EFFECTIVENESS OF THE INCOME TAX CREDIT ALLOWED IN THIS SECTION IN23
MEETING THE PURPOSE SET FORTH IN SUBSECTION (1)(b) OF THIS SECTION24
AND SHALL PROVIDE SUCH INFORMATION , AND ANY OTHER INFORMATION25
THAT MAY BE NEEDED, IF AVAILABLE, TO THE STATE AUDITOR AS PART OF26
THE STATE AUDITOR'S EVALUATION OF THE TAX EXPENDITURE REQUIRED27
1439
-9- BY SECTION 39-21-305.1
(II) T
HE SAA SHALL, IN A SUFFICIENTLY TIMELY MANNER TO2
ALLOW THE DEPARTMENT TO PROCESS RETURNS CLAIMING THE INCOME3
TAX CREDIT ALLOWED IN THIS SECTION, PROVIDE THE DEPARTMENT WITH4
AN ELECTRONIC REPORT FOR THE PRECEDING TAX YEAR LISTING EACH5
QUALIFIED TAXPAYER TO WHICH THE SAA ISSUED AN INCOME TAX CREDIT6
CERTIFICATE AND THAT INCLUDES THE FOLLOWING INFORMATION :7
(A) T
HE TAXPAYER'S NAME;8
(B) T
HE AMOUNT OF THE INCOME TAX CREDIT THAT THE TAX9
CREDIT CERTIFICATE INDICATES THE TAXPAYER IS ELIGIBLE TO CLAIM; AND10
(C) T
HE TAXPAYER'S SOCIAL SECURITY NUMBER OR THE11
TAXPAYER'S COLORADO ACCOUNT NUMBER AND FEDERAL EMPLOYER12
IDENTIFICATION NUMBER.13
(III)
(A) THE SAA SHALL PRESCRIBE FORMS AND PROMULGATE14
RULES PURSUANT TO ARTICLE 4 OF TITLE 24 ESTABLISHING THE15
STANDARDS FOR WHICH AN INCOME TAX CREDIT CERTIFICATE UNDER THIS16
SUBSECTION (5) IS ISSUED.17
(B) IN ESTABLISHING THE STANDARDS REQUIRED BY SECTION18
(5)(c)(III)(A) OF THIS SECTION, THE SAA SHALL OBTAIN INPUT FROM19
EMPLOYERS AND APPRENTICES ON ELEMENTS OF PROGRAM QUALITY FOR20
REGISTERED APPRENTICESHIP PROGRAMS IN NEW AND EMERGING21
INDUSTRIES.22
(C) QUALIFIED TAXPAYERS THAT HAVE PREVIOUSLY CLAIMED THE23
INCOME TAX CREDIT AND SEEK TO CLAIM THE INCOME TAX CREDIT IN24
FUTURE TAX YEARS SHALL PROVIDE INFORMATION REGARDING HOW THEY25
HAVE SATISFIED THE STANDARDS ISSUED PURSUANT TO SECTION26
(5)(c)(III)(A) OF THIS SECTION RELATED TO PROGRAM QUALITY IN THEIR27
1439
-10- REAPPLICATION FOR THE INCOME TAX CREDIT .1
(IV) THE SAA SHALL CONDUCT OUTREACH TO SMALL BUSINESSES2
TO ENSURE THEY ARE AWARE OF THE TAX CREDIT AND PROVIDE3
TECHNICAL ASSISTANCE TO MINIMIZE THE ADMINISTRATIVE BURDEN OF4
SUBMITTING AN APPLICATION FOR THE RESERVATION OF A TAX CREDIT .5
(6) T
O CLAIM THE CREDIT AUTHORIZED BY THIS SECTION , A6
TAXPAYER SHALL FILE THE INCOME TAX CREDIT CERTIFICATE WITH THE7
TAXPAYER'S STATE INCOME TAX RETURN . THE AMOUNT OF THE CREDIT8
THAT THE TAXPAYER MAY CLAIM PURSUANT TO THIS SECTION IS THE9
AMOUNT STATED ON THE INCOME TAX CREDIT CERTIFICATE .10
(7) I
F A TAXPAYER CLAIMS THE CREDIT ALLOWED IN THIS SECTION ,11
THE TAXPAYER SHALL NOT CLAIM A CREDIT FOR THE SAME APPRENTICE12
PURSUANT TO SECTION 39-22-531, 39-30-105.1, OR 39-30.5-105.13
(8) I
F AN INCOME TAX CREDIT AUTHORIZED IN THIS SECTION14
EXCEEDS THE INCOME TAX DUE ON THE INCOME OF THE TAXPAYER FOR15
THE TAXABLE YEAR , THE EXCESS CREDIT SHALL NOT BE CARRIED16
FORWARD AND MUST BE REFUNDED TO THE TAXPAYER .17
(9) T
HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31, 2037.18
SECTION 2. In Colorado Revised Statutes, 39-22-520, amend19
(2)(a); and add (4) as follows:20
39-22-520. Credit against tax - investment in school-to-career21
program - definitions - repeal. (2) (a) For income tax years beginning22
on or after January 1, 1997,
AND PRIOR TO JANUARY 1, 2025, there shall23
be allowed to any person as a credit against the tax imposed by this article24
ARTICLE 22 an amount equal to ten percent of the total qualified25
investment made in a qualified school-to-career program.26
(4) T
HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31,
2034.27
1439
-11- SECTION 3. In Colorado Revised Statutes, 8-15.7-102, add1
(1)(s) as follows:2
8-15.7-102. State apprenticeship agency - created - director -3
powers and duties - rules - repeal. (1) There is created in the4
department the state apprenticeship agency. The executive director shall5
appoint a director of the SAA. The SAA shall:6
(s) (I) R
EVIEW APPLICATIONS FOR AND ISSUE INCOME TAX CREDIT7
CERTIFICATES AS SPECIFIED IN SECTION 39-22-560 AND PROMULGATE8
RULES TO ESTABLISH STANDARDS FOR THE CERTIFICATES .9
(II) T
HIS SUBSECTION (1)(s) IS REPEALED, EFFECTIVE DECEMBER10
31,
2037.11
SECTION 4. In Colorado Revised Statutes, add parts 2 and 3 to12
article 15.7 of title 8 as follows:13
PART 214
SCALE-UP GRANT PROGRAM15
8-15.7-201. Definitions. A
S USED IN THIS PART 2:16
(1) "A
PPLICANT" MEANS A PERSON THAT APPLIES TO RECEIVE A17
GRANT FROM THE SCALE-UP GRANT PROGRAM.18
(2) "S
CALE-UP GRANT FUND" OR "FUND" MEANS THE SCALE-UP19
GRANT FUND CREATED IN SECTION 8-15.7-205.20
(3) "S
CALE-UP GRANT PROGRAM" OR "GRANT PROGRAM" MEANS21
THE SCALE-UP GRANT PROGRAM CREATED IN SECTION 8-15.7-202.22
8-15.7-202. Scale-up grant program - creation - application23
process - data. (1) O
N OR BEFORE JANUARY 1, 2025, THE DEPARTMENT24
SHALL ESTABLISH THE SCALE-UP GRANT PROGRAM TO ESTABLISH NEW25
REGISTERED APPRENTICESHIP PROGRAMS OR EXPAND EXISTING PROGRAMS26
IN COLORADO.27
1439
-12- (2) THE DEPARTMENT SHALL:1
(a) C
REATE AN APPLICATION PROCESS THROUGH WHICH IT SELECTS2
GRANT RECIPIENTS TO PARTICIPATE IN THE GRANT PROGRAM , WITH THE3
GOAL OF ACCELERATING NEW APPRENTICESHIP PROGRAM GROWTH ,4
DIVERSIFYING PARTICIPANTS IN APPRENTICESHIP PROGRAMS , AND5
DIVERSIFYING THE GEOGRAPHIC DISTRIBUTION OF APPRENTICESHIP6
PROGRAMS, ESPECIALLY IN HIGH-PRIORITY, HIGH-DEMAND INDUSTRIES,7
WHILE ENSURING QUALITY STANDARDS ;8
(b) S
ELECT GRANT RECIPIENTS THAT ARE EMPLOYERS OR SPONSORS9
THAT:10
(I) P
LAN TO DEVELOP AND REGISTER A NEW REGISTERED11
APPRENTICESHIP PROGRAM; OR12
(II) C
URRENTLY OFFER A REGISTERED APPRENTICESHIP PROGRAM13
AND PLAN TO EXPAND IT;14
(c) O
UTLINE PERFORMANCE EXPECTATIONS FOR GRANT RECIPIENTS15
PARTICIPATING IN THE GRANT PROGRAM , INCLUDING MAINTAINING16
ACCURATE AND TIMELY DATA IN THE FEDERAL REGISTERED17
APPRENTICESHIP PARTNERS INFORMATION DATABASE SYSTEM , OR A18
SUCCESSOR DATABASE; AND19
(d) C
OLLECT DATA CONCERNING THE GRANT PROGRAM ,20
INCLUDING:21
(I) T
HE NUMBER OF EMPLOYERS BENEFITING FROM THE GRANT22
PROGRAM;23
(II) T
HE NUMBER OF APPRENTICES BENEFITING FROM THE GRANT24
PROGRAM;25
(III) THE WAGES FOR APPRENTICES BENEFITING FROM THE GRANT26
PROGRAM;27
1439
-13- (IV) THE DEMOGRAPHICS OF THE APPRENTICES SERVED BY THE1
GRANT RECIPIENTS; AND2
(V) ANY OTHER INFORMATION DEEMED APPROPRIATE BY THE3
DEPARTMENT.4
8-15.7-203. Applicants. (1) A
N APPLICANT SHALL SUBMIT AN5
APPLICATION TO THE DEPARTMENT IN A FORM AND MANNER ESTABLISHED6
BY THE DEPARTMENT THAT IS DESIGNED TO MAXIMIZE PARTICIPATION . IN7
THE APPLICATION, THE APPLICANT SHALL:8
(a) P
ROVIDE A DETAILED PROPOSAL AND OPERATIONS PLAN FOR9
THE GROWTH OR DEVELOPMENT OF A REGISTERED APPRENTICESHIP10
PROGRAM; AND11
(b) S
UBMIT ANY OTHER INFORMATION DEEMED APPROPRIATE BY12
THE DEPARTMENT.13
(2) A
PPLICANTS MUST NOT HAVE RECEIVED OR HAVE BEEN14
SELECTED TO RECEIVE FUNDING FROM THE QUALIFIED APPRENTICESHIP15
INTERMEDIARY GRANT PROGRAM PURSUANT TO SECTION 8-15.7-302.16
8-15.7-204. Report. O
N OR BEFORE DECEMBER 31, 2026, THE17
DEPARTMENT SHALL SUBMIT A REPORT COMPILING THE INFORMATION18
COLLECTED PURSUANT TO SECTION 8-15.7-202 (2)(d) TO THE HOUSE OF19
REPRESENTATIVES BUSINESS AFFAIRS AND LABOR COMMITTEE AND THE20
SENATE BUSINESS, LABOR, AND TECHNOLOGY COMMI TTEE , OR THEIR21
SUCCESSOR COMMITTEES.22
8-15.7-205. Scale-up grant fund - creation - gifts, grants, or23
donations - transfer. (1) T
HERE IS CREATED IN THE STATE TREASURY24
THE SCALE-UP GRANT FUND. MONEY IN THE FUND IS
ANNUALLY25
APPROPRIATED TO THE DEPARTMENT TO IMPLEMENT THE GRANT PROGRAM26
AND PAY FOR THE DEPARTMENT 'S DIRECT AND INDIRECT COSTS IN27
1439
-14- ADMINISTERING THE GRANT PROGRAM .1
(2) O
N JULY 1, 2024, THE STATE TREASURER SHALL TRANSFER TWO2
MILLION DOLLARS FROM THE GENERAL FUND TO THE SCALE -UP GRANT3
FUND.4
(3) T
HE DEPARTMENT MAY SEEK , ACCEPT, AND EXPEND GIFTS,5
GRANTS, AND DONATIONS FROM PRIVATE OR PUBLIC SOURCES FOR THE6
PURPOSES OF THIS PART 2.7
(4) T
HE STATE TREASURER SHALL TRANSFER ALL UNEXPENDED8
AND UNENCUMBERED MONEY REMAINING IN THE FUND AT THE END OF9
STATE FISCAL YEAR 2026-27 TO THE GENERAL FUND.10
8-15.7-206. Repeal of part. T
HIS PART 2 IS REPEALED, EFFECTIVE11
J
ULY 1, 2027.12
PART 313
QUALIFIED APPRENTICESHIP INTERMEDIARY14
GRANT PROGRAM15
8-15.7-301. Definitions. A
S USED IN THIS PART 3:16
(1) "A
PPLICANT" MEANS A PERSON THAT APPLIES TO RECEIVE A17
GRANT FROM THE QUALIFIED APPRENTICESHIP INTERMEDIARY GRANT18
PROGRAM.19
(2) "Q
UALIFIED APPRENTICESHIP INTERMEDIARY " HAS THE SAME20
MEANING AS "QUALIFIED INTERMEDIARY" AS SET FORTH IN SECTION21
8-15.7-101
(11).22
(3) "Q
UALIFIED APPRENTICESHIP INTERMEDIARY GRANT FUND " OR23
"
FUND" MEANS THE QUALIFIED APPRENTICESHIP INTERMEDIARY GRANT24
FUND CREATED IN SECTION 8-15.7-305.25
(4) "Q
UALIFIED APPRENTICESHIP INTERMEDIARY GRANT PROGRAM "26
OR "GRANT PROGRAM " MEANS THE QUALIFIED APPRENTICESHIP27
1439
-15- INTERMEDIARY GRANT PROGRAM CREATED IN SECTION 8-15.7-302.1
8-15.7-302. Qualified apprenticeship intermediary grant2
program - creation - application process - data. (1) O
N OR BEFORE3
J
ANUARY 1, 2025, THE DEPARTMENT SHALL ESTABLISH THE QUALIFIED4
APPRENTICESHIP INTERMEDIARY GRANT PROGRAM TO SUPPORT ENTITIES5
THAT DEMONSTRATE EXPERTISE IN CONNECTING EMPLOYERS OR6
APPRENTICESHIP PROGRAM PARTICIPANT S TO REGISTERED APPRENTICESHIP7
PROGRAMS OR IN CONVENING STAKEHOLDERS TO DEVELOP REGISTERED8
APPRENTICESHIP PROGRAMS.9
(2) T
HE DEPARTMENT SHALL:10
(a) C
REATE AN APPLICATION PROCESS THROUGH WHICH IT SELECTS11
GRANT RECIPIENTS TO PARTICIPATE IN THE GRANT PROGRAM , WITH THE12
GOAL OF EXP ANDING APPRENTICESHIP PROGRAMS , DIVERSIFYING13
PARTICIPANTS IN APPRENTICESHIP PROGRAMS , AND DIVERSIFYING14
GEOGRAPHIC DISTRIBUTION OF APPRENTICESHIP PROGRAMS , ESPECIALLY15
IN HIGH-PRIORITY, HIGH-DEMAND INDUSTRIES, WHILE ENSURING QUALITY16
STANDARDS;17
(b) S
ELECT AND PRIORITIZE GRANT PROGRAM RECIPIENTS BASED18
ON:19
(I) A
N APPLICANT'S RECORD OF SUCCESS IN SUPPORTING JOB20
SEEKERS, APPRENTICES, EMPLOYERS, AND SPONSORS;21
(II) T
HE REGIONAL DIVERSITY OF THE AREAS SERVED BY AN22
APPLICANT;23
(III) T
HE DIVERSITY OF POPULATIONS SERVED BY AN APPLICANT ;24
AND25
(IV) H
OW THE REGISTERED APPRENTICESHIP PROGRAMS SERVED26
BY THE APPLICANT MEET TALENT NEEDS IN HIGH-PRIORITY, HIGH-DEMAND27
1439
-16- INDUSTRIES;1
(c) O
UTLINE PERFORMANCE EXPECTATIONS FOR GRANT RECIPIENTS2
PARTICIPATING IN THE GRANT PROGRAM ; AND3
(d) C
OLLECT DATA CONCERNING THE GRANT PROGRAM THAT4
INCLUDES:5
(I) T
HE NUMBER OF EMPLOYERS BENEFITING FROM THE GRANT6
PROGRAM;7
(II) T
HE NUMBER OF APPRENTICES BENEFITING FROM THE GRANT8
PROGRAM;9
(III) T
HE DEMOGRAPHICS OF THE APPRENTICES SERVED BY THE10
GRANT RECIPIENTS;11
(IV) A
DESCRIPTION OF THE SERVICES PROVIDED BY THE GRANT12
RECIPIENT;13
(V) T
HE NAMES OF THE REGISTERED APPRENTICESHIP PROGRAMS14
AND OCCUPATIONS IMPACTED BY THE SERVICES PROVIDED BY THE GRANT15
RECIPIENT; AND16
(VI) A
NY OTHER INFORMATION DEEMED APPROPRIATE BY THE17
DEPARTMENT.18
(3) G
RANT RECIPIENTS SHALL NOT USE MONEY FROM THE GRANT19
PROGRAM FOR APPRENTICE WAGES .20
8-15.7-303. Application. (1) A
N APPLICANT SHALL SUBMIT AN21
APPLICATION TO THE DEPARTMENT IN A FORM AND MANNER ESTABLISHED22
BY THE DEPARTMENT THAT IS DESIGNED TO MAXIMIZE PARTICIPATION . IN23
THE APPLICATION, THE APPLICANT SHALL:24
(a) D
ESCRIBE HOW THE GRANT WILL BE USED TO EXPAND OR25
DIVERSIFY REGISTERED APPRENTICESHIP PROGRAMS IN COLORADO; AND26
(b) S
UBMIT ANY OTHER INFORMATION DEEMED APPROPRIATE BY27
1439
-17- THE DEPARTMENT.1
(2) A
N APPLICANT MUST:2
(a) B
E A QUALIFIED APPRENTICESHIP INTERMEDIARY ; AND3
(b) A
PPLICANTS MUST NOT HAVE RECEIVED OR HAVE BEEN4
SELECTED TO RECEIVE FUNDING FROM THE SCALE -UP GRANT PROGRAM5
PURSUANT TO SECTION 8-15.7-202.6
(3) THE SAA SHALL POST A LIST OF THE TYPES OF ENTITIES7
ELIGIBLE TO APPLY TO THE GRANT PROGRAM ON THE SAA'S WEBSITE,8
INCLUDING LABOR MANAGEMENT TRAINING PARTNERSHIPS ,9
MULTIEMPLOYER APPRENTICESHIP SPONSORS, ECONOMIC DEVELOPMENT10
ORGANIZATIONS, APPRENTICESHIP TRAINING COMMITTEES , LOCAL11
WORKFORCE BOARDS, LOCAL SCHOOL DISTRICTS OR BOARDS OF12
COOPERATIVE SERVICES, INDUSTRY OR TRADE ASSOCIATIONS, NONPROFIT13
ORGANIZATIONS, AND COMMUNITY COLLEGES .14
8-15.7-304. Report. O
N OR BEFORE DECEMBER 31, 2026, THE15
DEPARTMENT SHALL SUBMIT A REPORT COMPILING THE INFORMATION16
COLLECTED PURSUANT TO SECTION 8-15.7-302 (2)(d) TO THE HOUSE OF17
REPRESENTATIVES BUSINESS AFFAIRS AND LABOR COMMITTEE AND THE18
SENATE BUSINESS, LABOR, AND TECHNOLOGY COMMITTEE , OR THEIR19
SUCCESSOR COMMITTEES.20
8-15.7-305. Qualified apprenticeship intermediary grant fund21
- creation - transfer - gifts, grants, or donations. (1) T
HERE IS22
CREATED IN THE STATE TREASURY THE QUALIFIED APPRENTICESHIP23
INTERMEDIARY GRANT FUND . MONEY IN THE FUND IS CONTINUOUSLY24
APPROPRIATED TO THE DEPARTMENT TO IMPLEMENT THE GRANT PROGRAM25
AND PAY FOR THE DEPARTMENT 'S DIRECT AND INDIRECT COSTS IN26
ADMINISTERING THE GRANT PROGRAM .27
1439
-18- (2) ON JULY 1, 2024, THE STATE TREASURER SHALL TRANSFER TWO1
MILLION DOLLARS FROM THE GENERAL FUND TO THE FUND .2
(3) T
HE DEPARTMENT MAY SEEK , ACCEPT, AND EXPEND GIFTS,3
GRANTS, AND DONATIONS FROM PRIVATE OR PUBLIC SOURCES FOR THE4
PURPOSES OF THIS PART 3.5
(4) T
HE STATE TREASURER SHALL TRANSFER ALL UNEXPENDED6
AND UNENCUMBERED MONEY REMAINING IN THE FUND AT THE END OF7
STATE FISCAL YEAR 2026-27 TO THE GENERAL FUND.8
8-15.7-306. Repeal of part. T
HIS PART 3 IS REPEALED, EFFECTIVE9
J
ULY 1, 2027.10
SECTION 5. Appropriation. (1) For the 2024-25 state fiscal11
year, $103,515 is appropriated to the department of labor and employment12
for use by the office of future of work. This appropriation is from the13
general fund and is based on an assumption that the office will require an14
additional 0.8 FTE. To implement this act, the office may use this15
appropriation for program costs.16
(2) For the 2024-25 state fiscal year, $1,333,333 is appropriated17
to the department of labor and employment for use by the office of future18
of work. Of this appropriation, $666,666 is from the scale-up grant fund19
created in section 8-15.7-205 (1), C.R.S., and $666,667 is from the20
qualified apprenticeship intermediary grant fund created in section21
8-15.7-305 (1), C.R.S, and is based on an assumption that the office will22
require an additional 2.5 FTE. To implement this act, the office may use23
this appropriation for program costs.24
SECTION 6. Safety clause. The general assembly finds,25
determines, and declares that this act is necessary for the immediate26
preservation of the public peace, health, or safety or for appropriations for27
1439
-19- the support and maintenance of the departments of the state and state1
institutions.2
1439
-20-