Please remember that you must claim the state sales tax refund (TABOR refund) when filing your state income tax return. If you claimed a 2023 refund, the TABOR refund will be combined and issued out with your refund. Unlike the 2022 Colorado cashback, no separate check will be issued. 


Request for Public Input – Innovative Motor Vehicle and Innovative Truck Credits

Hide Featured Image

The Colorado Department of Revenue, Division of Taxation, is seeking public input on a draft of the amended rule below. The Department has prepared the draft to aid in the process of soliciting public comments.

  • Rule 39-22-516. Innovative Motor Vehicle and Innovative Truck Credits. The purpose of the amendments to this rule is to provide additional guidance and clarification regarding the innovative motor vehicle and innovative truck credits and changes made to the credits by House Bill 23-1272. The draft rule addresses issues relating to eligible purchasers and lessees; qualifying new motor vehicles and trucks; titling and registration requirements; the tax year for which a credit may be claimed; the manufacturer’s suggested retail price used in determining allowable innovative motor vehicle credits; leased motor vehicle and trucks; and credit assignment.

We do not plan to convene a workgroup meeting for this rule prior to formal rulemaking unless comments indicate one is necessary. In lieu of a workgroup, we would greatly appreciate written feedback on the draft rule. Please submit comments on the draft rule by emailing your comments to comments will be accepted through November 27, 2023.

After evaluating the comments we receive, the Department will determine whether the draft rule should move forward and, if so, whether further revisions to the rule are necessary. If the Department moves forward with the proposed rule, additional comments will be accepted following a notice of proposed rulemaking. Thank you in advance for your input.

We would appreciate your feedback to help us measure and improve the success of the rulemaking program. If you participate in the rulemaking process, we invite you to complete a short survey. Follow the link and choose the "I participated in the Rulemaking Process (written comments, workgroup meeting, or hearing)" option.