8FBFA386483CF6CD872585040073E54A Hearing Summary CLICS/CLICS2020A/commsumm.nsf PUBLICBILL SUMMARY For SB20-099SENATE COMMITTEE ON FINANCEDate Feb 4, 2020 Location SCR 357 SB20-099 - Postponed Indefinitely 02:12:26 PM Senator Rankin introduced Senate Bill 20-099. The bill changes the dollar threshold for economic nexus for purposes of retail sales made by retailers without physical presence in the state from $100,000 to $200,000. He discussed potential amendments to the bill and responded to questions from the committee. 02:13:40 PM Tony Gagliardi, National Federation of Independent Business, testified in support of the bill. 02:28:38 PM Mr. Gagliardi responded to questions from the committee. 02:33:51 PM Brendon Reese, Department of Revenue, responded to questions from the committee regarding the bill. 02:39:35 PM Senator Rankin gave concluding remarks regarding the bill. Esther van Mourik, Office of Legislative Legal Services, came to the table to respond to committee questions. She referenced House Bill 20-1022 which continues the Sales and Use Tax Simplification Task Force. The committee discussed whether the Senate Finance Committee should send a letter to the task force asking it to examine the issues raised by SB 20-099. 02:55:37 PM Members of the committee commented on the bill. 02:57:49 PM Motion Refer Senate Bill 20-099 to the Committee on Appropriations. Moved Tate Seconded Hansen No Lundeen Yes Tate Yes Todd No Woodward Yes Lee No Gonzales No YES: 3 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: FAIL 02:58:04 PM Motion Postpone Senate Bill 20-099 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. Moved Gonzales Seconded Hansen Yes Lundeen No Tate No Todd Yes Woodward No Lee Yes Gonzales Yes Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS