HB16-1087
Increase Vendor Fee For Collecting State Sales Tax
| Type | Bill |
|---|---|
| Session | 2016 Regular Session |
| Subjects |
Concerning an increase in the amount of sales tax revenue that may be retained by a retailer to cover the retailer's expense in collecting and remitting the tax.
Bill Summary:
A retailer that collects sales tax is currently allowed to retain 3 1/3% of the tax reported to cover the expense of collecting and remitting the tax. This amount is know as the 'vendor's fee'. The bill increases this amount gradually over a period of 5 years until it equals 5 1/2% of the tax reported.
(Note: This summary applies to this bill as introduced and does not reflect any amendments that were subsequently adopted.)
(Note: This summary applies to this bill as introduced and does not reflect any amendments that were subsequently adopted.)
Prime Sponsors
Representative
Jon Becker
Committees
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Postpone House Bill 16-1087 indefinitely. | The motion passed on a vote of 6-5. | Vote summary |
| Refer House Bill 16-1087 to the Committee on Appropriations. | The motion failed on a vote of 5-6. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.002 (Attachment B) to House Bill 16-1087. | The motion passed without objection. | Vote summary |
| Refer House Bill 16-1087, as amended, to the Committee on Finance. | The motion passed on a vote of 5-4. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 03/16/2016 | House | House Committee on Finance Postpone Indefinitely |
| 02/17/2016 | House | House Committee on State, Veterans, & Military Affairs Refer Amended to Finance |
| 01/19/2016 | House | Introduced In House - Assigned to State, Veterans, & Military Affairs + Finance |
Prime Sponsor
Sponsor
Co-Sponsor
(None)