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Sales Tax Statute Modifications To Address Defect

Concerning modifications to the sales tax statutes in order to address certain defects and anachronisms.
2020 Regular Session
Fiscal Policy & Taxes
Bill Summary

The act:

  • Makes corrections to the penalty for a taxpayer's failure to pay the correct amount of sales taxes due or for a taxpayer's failure to account for sales taxes correctly so that the statute reads the way the department of revenue applies the law;
  • Changes the penalty section for use tax collections so that it is the same as for sales tax collections; legislative history makes clear that the legislature has intended these sections to be the same, but over the years bills revising these sections did not successfully align the 2 sections; and
  • Repeals a temporary partial sales tax rate reduction for a new or used commercial truck, truck tractor, tractor, semitrailer, or vehicle used in combination therewith that has a gross vehicle weight rating in excess of 26,000 pounds. While the rate reduction could still be used, it is preempted by a full rate reduction for low-emitting vehicles in another statutory section. Any vehicle that could qualify for the temporary partial rate reduction in a TABOR refund year already qualifies for the full exemption from sales or use tax under the other section, so the partial rate reduction is not used.
    (Note: This summary applies to this bill as enacted.)


Became Law


Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    04/01/2020 Signed Act PDF
    03/17/2020 Final Act PDF
    03/10/2020 Rerevised PDF
    03/09/2020 Revised PDF
    02/21/2020 Reengrossed PDF
    02/20/2020 Engrossed PDF
    01/28/2020 Introduced PDF


Sponsor Type Legislators
Prime Sponsor

Rep. H. McKean, Rep. D. Valdez
Sen. J. Tate


Rep. J. Arndt
Sen. D. Moreno, Sen. R. Zenzinger


Rep. B. Buentello, Rep. M. Gray

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details