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Colorado ag stewardship tax credit maxed out in under two minutes; department to review applications
Summary
The Department of Agriculture’s new Ag Stewardship Tax Credit program reached capacity within roughly 1 minute 52 seconds of opening; staff said $3,000,000 in credits were fully requested and a $2,000,000 waitlist opened. Officials described a layered review and verification process to confirm eligibility and practices.
The Colorado Department of Agriculture told its Ag Commission that the pilot Ag Stewardship Tax Credit, which opened for applications at 10 a.m. on Monday, Nov. 10, was fully requested within about 1 minute and 52 seconds.
Commissioner Kate Greenberg introduced the update and Evan of the department’s conservation services team told commissioners the program’s $3,000,000 allocation for this year — plus $2,000,000 in wait‑list capacity — was effectively oversubscribed in under two minutes. "It took 1 minute and 52 seconds it took for us to max out our funding," Evan said, noting…
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