h_bus_2016a_2016-01-26t13:31:13z3 Hearing Summary
Date: 01/26/2016
Final
BILL SUMMARY for Issuance of Private Letter Rulings and General Information Letters Sunset
HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR
Votes: View--> | Action Taken: |
Adopt amendment to change the sunset date from 9 y Adopt amendment to track hours and FTE dedicated t Introduce draft bill LLS 16-0431 as amended. The m |
Pass Without Objection Pass Without Objection PASS |
02:31 PM -- Issuance of Private Letter Rulings and General Information Letters Sunset
Vivienne Belmont, Department of Regulatory Agencies (DORA), presented a summary of the sunset review report for the Issuance of Private Letter Rulings and General Information Letters. A copy of the sunset report can be found at: https://drive.google.com/file/d/0B8bNvcf083ydY1dINnF5T25XRGc/view.
Ms. Belmont responded to questions from the committee regarding the report and DORA's recommendations based on the sunset review.
02:44 PM -- Phillip Horwitz and Amber Egbert, Colorado Department of Revenue (DOR), provided the committee with an overview of letter rulings. Mr. Horwitz provided the committee with two examples of letter rulings issued by DOR (Attachments E and F). Mr. Horwitz and Ms. Egbert responded to questions from the committee regarding DOR's Taxation Division's operations, the sunset review, and DORA's recommendations.
160126 AttachE.pdf160126 AttachF.pdf
02:56 PM -- Loren Furman, Colorado Association of Commerce and Industry (CACI), testified in support of continuing the program. Ms. Furman responded to questions from the committee.
BILL: | Issuance of Private Letter Rulings and General Information Letters Sunset | |
TIME: | 02:59:48 PM | |
MOVED: | Kraft-Tharp | |
MOTION: | Introduce draft bill LLS 16-0431 as amended. The motion passed on a vote of 13-0. | |
SECONDED: | Roupe | |
VOTE
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Arndt
|
Yes
|
|
Garnett
|
Yes
|
|
Navarro
|
Yes
|
|
Nordberg
|
Yes
|
|
Pabon
|
Yes
|
|
Rosenthal
|
Yes
|
|
Roupe
|
Yes
|
|
Sias
|
Yes
|
|
Thurlow
|
Yes
|
|
Winter
|
Yes
|
|
Wist
|
Yes
|
|
Kraft-Tharp
|
Yes
|
|
Williams
|
Yes
|
|
Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
|
BILL: | Issuance of Private Letter Rulings and General Information Letters Sunset | |
TIME: | 03:00:08 PM | |
MOVED: | Kraft-Tharp | |
MOTION: | Adopt amendment to track hours and FTE dedicated to this program. The motion passed without objection. | |
SECONDED: | Nordberg | |
VOTE
|
||
Arndt
|
||
Garnett
|
||
Navarro
|
||
Nordberg
|
||
Pabon
|
||
Rosenthal
|
||
Roupe
|
||
Sias
|
||
Thurlow
|
||
Winter
|
||
Wist
|
||
Kraft-Tharp
|
||
Williams
|
||
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
|
BILL: | Issuance of Private Letter Rulings and General Information Letters Sunset | |
TIME: | 03:00:43 PM | |
MOVED: | Kraft-Tharp | |
MOTION: | Adopt amendment to change the sunset date from 9 years to 7 years. The motion passed without objection. | |
SECONDED: | Thurlow | |
VOTE
|
||
Arndt
|
||
Garnett
|
||
Navarro
|
||
Nordberg
|
||
Pabon
|
||
Rosenthal
|
||
Roupe
|
||
Sias
|
||
Thurlow
|
||
Winter
|
||
Wist
|
||
Kraft-Tharp
|
||
Williams
|
||
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
|
Representative Kraft-Tharp was designated as the sponsor of the bill.