539EDF029760C2E2872583D9005DACE2 Hearing Summary CLICS/CLICS2019A/commsumm.nsf PUBLICBILL SUMMARY For HB19-1240HOUSE COMMITTEE ON FINANCEDate Apr 11, 2019 Location LSB A HB19-1240 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/0DAFEA21C150...$File/190411 AttachB.pdf?OpenElement 190411 AttachB.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/D0987D40B36C...$File/190411 AttachA.pdf?OpenElement 190411 AttachA.pdf 11:03:12 AM Representatives Van Winkle and Kraft-Tharp presented House Bill 19-1240 to the committee, along with amendments L.006 and L.008 (Attachments A and B). This bill codifies the Department of Revenue's rules that establish economic nexus for out-of-state retailers and in-state destination-based sourcing rules, as well as requiring marketplace facilitators to collect and remit sales taxes on behalf of their vendors. 11:19:48 AM Chris Howes, representing the Colorado Retail Council, testified in support of the bill. 11:20:02 AM Matthew Groves, representing the Colorado Auto Dealers Association, testified in support of the bill. 11:22:26 AM Ryan Woods, representing Xcel Energy and the Colorado Chamber of Commerce, testified in support of the bill. 11:24:07 AM Josh Pens, representing the Department of Revenue, responded to committee members' questions. 11:34:34 AM Motion Adopt amendment L.006 (Attachment A) Moved Gray Seconded Bird Beckman Excused Benavidez Bird Bockenfeld Gray Rich Sandridge Snyder Sullivan Tipper Herod YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 11:35:21 AM Motion Adopt amendment L.008 (Attachment B) Moved Gray Seconded Tipper Beckman Excused Benavidez Bird Bockenfeld Gray Rich Sandridge Snyder Sullivan Tipper Herod YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 11:35:31 AM Representatives Van Winkle and Kraft-Tharp wrapped up their presentation to the committee. 11:36:54 AM Motion Refer House Bill 19-1240, as amended, to the Committee on Appropriations. Moved Gray Seconded Tipper Beckman Yes Benavidez Excused Bird Yes Bockenfeld Yes Gray Yes Rich Yes Sandridge Yes Snyder Yes Sullivan Yes Tipper Yes Herod Yes Final YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS