(1) For tax years commencing on or after January 1, 2013, and prior to January 1, 2025, a person who buys the right to use a registration number under section 8-88-206 is allowed a credit against the income taxes imposed by this article 22 for twenty percent of the purchase price of the right to use the registration number that is paid to the Colorado disability funding committee created in section 8-88-202.(2) If the credit allowed by this section exceeds the tax otherwise due, the taxpayer may carry it forward for up to five years but shall claim it on the earliest possible subsequent tax return.(3) This section is repealed, effective December 31, 2034.Amended by 2024 Ch. 373,§ 14, eff. 8/7/2024.Amended by 2024 Ch. 324,§ 10, eff. 7/1/2024.Amended by 2022 Ch. 378, § 7, eff. 8/10/2022.Amended by 2019 Ch. 390, § 56, eff. 8/2/2019.L. 2013: Entire section added, (SB 13-170), ch. 254, p. 1347, § 4, effective May 23.Amendments to subsection (1) by HB 24-1036 and HB 24-1360 were harmonized.2024 Ch. 373, was passed without a safety clause. See Colo. Const. art. V, § 1(3). 2022 Ch. 378, was passed without a safety clause. See Colo. Const. art. V, § 1(3).

36 and HB 24-1360 were harmonized.2024 Ch. 373, was passed without a safety clause. See Colo. Const. art. V, § 1(3). 2022 Ch. 378, was passed without a safety clause. See Colo. Const. art. V, § 1(3). For the legislative declaration in HB 24-1360, see section 1 of chapter 324, Session Laws of Colorado 2024. For the legislative declaration in HB 24-1036, see section 1 of chapter 373, Session Laws of Colorado 2024.