Gross Conservation Easement (GCE)

Pursuant to section 39-22-522(5)(b), taxpayers may elect to claim a partial refund of the conservation easement tax credit for the following tax years if the amount of the tax credit allowed in or carried forward to that tax year exceeds the amount of income tax due. The determination of whether conservation easement tax credits may be partially refunded depends upon several factors, including the determination of a TABOR surplus by the State Controller and the results of any statewide elections to retain and spend all or a portion of such surplus. The Department may not be able to update the status of the current tax year until November or December, but will update this page as soon as the determination is final.

• Tax year 2019: Partial refund allowed.
• Tax year 2020: Pending.