Agricultural Stewardship Tax Credit

This tax credit is meant to encourage the practice of qualified stewardship practices on a farm or ranch, including any practice that:

• increases soil health,
• improves water efficiency, or
• creates more diverse and beneficial ecosystems while maintaining the productivity of the farm or ranch.

The application for the first round of the tax credit is closed. 

• The application & attestation statement are on our Hub Site--the homebase for all interested future applicants and recipients
• This User Guide will walk future applicants through the process of submitting a tax credit application

Visit the Hub Site

This tax credit was created through HB24-1249. CDA and Department of Revenue (DOR) will manage the tax credit program. 

The Ag Stewardship Tax Credit (ASTC):

• Is based on practices implemented on farms or ranches
• Is refundable (producers can get a tax rebate if they do not owe taxes)
• Cannot overlap with existing grants or tax credits (it cannot be applied to the same practice on the same acreage as another grant)
• You must be a qualified taxpayer to receive an agricultural stewardship tax credit.  A qualified taxpayer is an individual or an entity (such as an LLC or partnership) that pays income taxes in the state of Colorado. Please consult a tax professional to determine if you or your entity is eligible to receive this tax credit.

Up to $3 million per year is available in tax credits and producers can apply for practices that are new or preexisting.