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I_LOCC_TPTF_2021A 09/14/2021 09:03:18 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
INTERIM COMMITTEE  LEGISLATIVE OVERSIGHT COMMITTEE CONCERNING TAX POLICY & TASK FORCE
Date 09/14/2021
Attendance
Bird X
Kolker X
Liston *
Woog X
Hansen X
Benavidez X
Time 09:03:18 AM to 11:42:08 AM
Place HCR 0112
This Meeting was called to order by Benavidez
This Report was prepared by Katie Ruedebusch
Hearing Items Action Taken
Public Testimony Committee Discussion Only
Bill Draft Requests Committee Discussion Only

Public Testimony - Committee Discussion Only
09:03:35 AM  
Chair Benavidez called
the meeting to order.  No persons were signed up to testify before
the committee.



Bill Draft Requests - Committee Discussion Only
09:04:59 AM  

Mr. Ed DeCecco, Legislative Legal Services, came to the table discuss the bill draft request process.
09:06:50 AM  

Mr. Josh Pens, representing the Colorado Department of Revenue (DOR), came to the table to answer committee questions. In response to a question about imported liquor, Mr. Pens stated that DOR does not receive any information from customs and noted that the department does not manage spoiled liquor. Regarding occasional sales of liquor sold at auction, he indicated that DOR views the situation as a licensing exemption not a tax expenditure.
09:17:42 AM  
Mr. Pens continued
answering questions from the committee's previous meetings.  Committee
discussion ensued regarding modular homes.  
09:24:43 AM  

Mr. Pens continued by discussing several farm-related tax expenditures. He also responded to a question on sales to charitable organizations. He continued by addressing committee questions regarding several tax expenditures.
09:40:22 AM  
Mr. Pens continued
discussing several tax expenditures related to aviation, manufacturing,
and recycling.  Mr. Jeff Stupak, representing Legislative Council
Staff, came to the table to answer a committee question.  
10:04:38 AM  

Committee discussion ensued regarding bill draft requests.
10:29:13 AM  

Mr. Trey Standley, representing the Office of the State Auditor, came to the table to answer committee questions about the unauthorized insurance premium tax expenditures.
10:39:54 AM  

Committee discussion on bill drafts continued.
10:46:06 AM  
Mr. Pens, representing
DOR, returned to the table to answer several committee questions.  


11:22:42 AM
 Motion Draft a bill related to the deduction for wages and salaries Internal Revenue Code 280C
Moved Benavidez
Seconded
Bird No
Kolker No
Liston No
Woog No
Hansen Yes
Benavidez Yes
YES: 2   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


11:23:35 AM
 Motion Draft a bill modernizing the mass transit and ridesharing expenses deduction
Moved Hansen
Seconded
Bird Yes
Kolker Yes
Liston Yes
Woog Yes
Hansen Yes
Benavidez Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:25:01 AM
 Motion Draft a bill repealing several tax expenditures
Moved Benavidez
Seconded
Bird No
Kolker Yes
Liston Yes
Woog Yes
Hansen Yes
Benavidez Yes
YES: 5   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:26:04 AM
 Motion Draft a bill to modernize the senior and disabled veterans homestead exemptions
Moved Liston
Seconded Hansen
Bird Yes
Kolker Yes
Liston Yes
Woog Yes
Hansen Yes
Benavidez Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:30:24 AM
 Motion Draft a bill related to parity for specific Unauthorized Insurance Premium Tax Expenditures
Moved Kolker
Seconded Hansen
Bird Yes
Kolker Yes
Liston Yes
Woog Yes
Hansen Yes
Benavidez Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:33:00 AM
 Motion Draft a bill related to local governments and construction and building materials exemption for public schools
Moved Bird
Seconded
Bird Yes
Kolker Yes
Liston Yes
Woog Yes
Hansen Yes
Benavidez Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:35:19 AM
 Motion Draft a bill expanding the construction and building materials exemption for certain charitable organizations
Moved Kolker
Seconded
Bird Yes
Kolker Yes
Liston Yes
Woog Yes
Hansen Yes
Benavidez Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:39:41 AM
 Motion Draft a bill related to agricultural and construction sales and use tax parity
Moved Hansen
Seconded
Bird Yes
Kolker Yes
Liston Yes
Woog No
Hansen Yes
Benavidez Yes
YES: 5   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:40:31 AM
 Motion Draft a bill expanding the limit for Exemption for Alcoholic Beverages Originating Outside the U.S.
Moved Kolker
Seconded
Bird Yes
Kolker Yes
Liston Yes
Woog Yes
Hansen Yes
Benavidez Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:41:04 AM
 Motion Draft a bill related to short-term rentals
Moved Hansen
Seconded
Bird Yes
Kolker Yes
Liston Yes
Woog No
Hansen Yes
Benavidez Yes
YES: 5   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:41:31 AM
 Motion Draft a bill excluding certain vehicle sales from the farm close-out sales tax exemption.
Moved Benavidez
Seconded
Bird Yes
Kolker Yes
Liston Yes
Woog Yes
Hansen Yes
Benavidez Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS
11:41:33 AM  
The committee discussed
its next meeting date.  The committee will meet on October 27.


11:42:08 AM   The committee adjourned.






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