Colorado State Treasurer Dave Young has announced the launch of phase two in the state’s ongoing tax credit sale, a measure aimed at raising up to $100 million for Colorado’s General Fund.
“Phase two of the tax credit sale expands access to additional companies, helping generate immediate support for the State’s General Fund,” said Colorado State Treasurer Dave Young. “This approach allows the State to collect near-term revenue while enabling businesses to responsibly manage future tax liabilities.”
The initiative follows legislation passed during the 2025 Special Session (HB25B-1004), which authorized the sale of future tax credits. The Department of Treasury is working with Advantage Capital to administer this process.
The first phase, which ended on December 22, 2025, was open only to insurance companies with a qualified or regional home in Colorado. With phase two now underway until February 6, 2026, eligibility has been expanded to include more premium and corporate income taxpayers.
Eligible participants can submit bids for purchasing tax credits upfront at a set price per credit. If accepted by the Treasury, these bids are final.
Tax credits acquired through this program may be used in tax years 2026 through 2028. The schedule for using these credits depends on whether they are applied against corporate income tax, insurance premiums, or regulatory taxes. Credits can also be transferred among affiliates and carried forward through the 2033 tax year.
Interested taxpayers must visit coloradocredits.advantagecap.com and complete a commitment form by 5 p.m. MST on Friday, February 6, 2026. Successful applicants will need to sign a purchase agreement to complete their transaction.
Advantage Capital is scheduled to host an online informational session for interested parties on Tuesday, January 13, 2026 at 2 p.m. MST. For registration information or further details about the program, contact COtaxcredits@advantagecap.com.
The Colorado Department of the Treasury manages public funds from receipt through disbursement and emphasizes diligent stewardship of taxpayer money. More information is available at colorado.gov/treasury.
