It is unlikely that TurboTax would be updated to offer COPL as a recognized code in box 14. Since the IRS makes available few defined entries for box 14, and because box 14 codes are used primarily for employers to communicate something to an employee, codes in box 14 can be just made up by the employer. This means that it is possible that other employers might use a different code than COPL for this purpose. This makes it impossible to know what the employer means by a particular code.
A quick look at the Colorado state website suggests that the state would prefer "FAMLI" as the box 14 code.
@SpLitBoardEr
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