Summary
Refundable Colorado income tax credit for the purchase or lease of qualifying new electric, plug-in hybrid electric, or hydrogen fuel cell trucks titled and registered in Colorado. Heavy-duty counterpart to CO-IMV — applies to vehicles with GVWR >8,500 lbs. Amount varies by year and truck category (Class 4-8). Claimable by individuals, estates, trusts, C corporations, partners/shareholders of pass-throughs, and (for tax years 2024+) tax-exempt entities and local governments. Credit may be assigned to financing entity or motor-vehicle dealer at point of sale.
Benefit
- Percentage
- —
- Flat
- —
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- taxpayer_earned
- Claimant subject
- business
- Refund/transfer election
- refundable_only
- Program family
- —
- Effective
- —
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (1)
- local_approval_requiredInnovative Truck Credit requires DR 0617 vehicle-qualification attestation. User confirms the truck meets GVWR >8500 / model-year / qualifying-fuel-type criteria.
Preference / tiering rules (0)
None.
NAICS industries (0)
Any.
Geo zones (1)
- statewide — · Colorado Statewide (truck CO-titled and registered)
Tags (2)
- min_gvwr_lbs: 8501
- reported_on_form: DR_0617
Approval requirements (1)
- requiredCO CDOR — DR 0617 (Innovative Truck) filed — File DR 0617 with vehicle qualification attestation.
Source
§ 39-22-516.8, C.R.S.; HB22-1362 / HB23-1272
Last verified: 2026-04-30
CO-statewide. Class-tiered rate structure (Class 4 / 5-7 / 8 — different per-vehicle credit amounts) not modeled in benefit_tiers in this seed pass; tag-only. Surface DR 0617 form data on production-seed pass to populate the tier table. Promoted from Tier 2 deferred list because of commercial-fleet applicability.