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CD0671D56D6E9071872583AD00737F15 Hearing Summary




PUBLIC
BILL SUMMARY For SB19-140

SENATE COMMITTEE ON FINANCE
Date Feb 26, 2019      
Location SCR 357



SB19-140 - Postponed Indefinitely
02:01:33 PM  

Senator Tate, bill sponsor, described Senate Bill 19-140. The bill creates a tax exemption on income gains on transactions using virtual currency.  He further described the federal policy landscape and requested that the committee postpone the bill indefinitely.
02:04:50 PM  

Committee members made comments on the bill.


02:05:56 PM
 Motion Postpone Senate Bill 19-140 indefinitely.
Moved Tate
Seconded
Gonzales Yes
Lundeen Yes
Tate Yes
Todd Yes
Woodward Yes
Lee Yes
Court Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS






The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details