29105274B27564438725821A0073B7BD Hearing Summary

Nicole Myers, OLLS, testified before the Committee, concerning Bill 3b, which was originally approved for introduction at the October SRC meeting. She explained that current law allows employees in the state personnel system their moving and relocation expenses if an appointing authority requires the employee to change his or her place of resident due to a change in job duties. While federal regulations specify which benefits are tax exempt, there's confusion among state agencies when determining which benefits allowed by section 24-50-134, C.R.S., are subject to income tax pursuant to federal law.