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1FA2BC9EB77927D28725851F0070E10D Hearing Summary




PUBLIC
BILL SUMMARY For HB20-1182

SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Mar 2, 2020      
Location SCR 354



HB20-1182 - Referred to the Committee of the Whole - Consent Calendar


01:33:01 PM  

Senator Moreno, bill sponsor, presented House Bill 20-1182 and House Bill 20-1205.  HB 20-1182l repeals the sales tax exemption for sales to residents of bordering states without a retail sales tax.  HB 20-1205 repeals the obsolete statutory provision which allows individuals, estates, and trusts to deduct Colorado pre-1987 net operating losses carried forward from tax years beginning prior to January 1, 1987 from their taxable income. This deduction was only available for 15 years, or until 2002.



01:34:36 PM
Motion Refer House Bill 20-1182 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Danielson
Seconded
Priola Yes
Story Yes
Tate Yes
Danielson Yes
Williams A. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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