Tax Credit Sale Opens to Additional Eligible Taxpayers
Jan. 7, 2026 (DENVER) —The Colorado State Treasurer Dave Young announced the opening of phase two of the State’s ongoing tax credit sale, a financing strategy expected to raise up to $100 million to support 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.”
As previously announced on November 20, 2025, the Colorado Department of Treasury is selling future tax credits authorized under HB25B-1004, passed during the 2025 Special Session. The Colorado Department of the Treasury has partnered with Advantage Capital to administer the sale on behalf of the State.
The initial phase of the sale, which closed on Dec. 22, 2025, was limited to insurance companies that maintain a qualified or regional home in Colorado. Phase two is now open and will run through Feb. 6, 2026, expanding eligibility to additional premium and corporate income taxpayers.
During phase two, eligible taxpayers may submit bids to purchase tax credits upfront at a single price per credit. Submitted bids are final if accepted by the Treasury.
Tax credits may be claimed in tax years 2026-28. Utilization schedules vary slightly depending on whether credits are applied against corporate income tax, insurance premiums, or regulatory tax. Credits are transferable to affiliates and may be carried forward through tax year 2033, providing long-term flexibility for participating taxpayers.
Taxpayers interested in participating should visit coloradocredits.advantagecap.com and submit a completed commitment form by 5 p.m. MST on Friday, February 6, 2026. Accepted buyers will also execute a purchase agreement to finalize the transaction.
Advantage Capital will host a virtual informational session for interested parties on Tuesday, Jan. 13, 2026, at 2 p.m. MST. To request registration information or receive additional details about the tax credit sale, please contact COtaxcredits@advantagecap.com.
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About the Colorado Department of the Treasury
The Colorado Department of the Treasury is the constitutional guardian of the public’s funds. It is the Treasury’s duty to manage and account for the taxpayers’ dollars from the time they are received until the time they are disbursed. The Treasury’s staff is committed to safeguarding and managing the people’s monies with the same diligence and care as they do their own. For more information, visit colorado.gov/treasury.