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h_fin_2016a_2016-04-14t11:43:31z1 Hearing Summary

Date: 04/14/2016



Final

BILL SUMMARY for SB16-124



HOUSE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer Senate Bill 16-124 to the Committee on Appro PASS







11:50 AM -- SB16-124



Representative Priola, sponsor, introduced Senate Bill 16-124. Beginning July 1, 2016, the reengrossed bill expands the current sales and use tax exemption for machinery and machine tools (machinery) used in manufacturing to include machinery purchased by businesses listed in the Department of Public Heath and Environment's inventory of recyclers and solid waste processors (material recovery facilities). The state exemption is extended to counties and municipalities only by amendment to a local government's sales tax ordinance or resolution.



11:52 AM -- Mr. Juri Freeman, representing Resource Recycling Systems, testified in support of the bill.



11:54 AM -- Ms. Cara Russell, representing the Colorado Association for Recycling, testified in support of the bill.



11:56 AM -- Ms. Megan Lane, representing herself, testified in support of the bill.

BILL: SB16-124
TIME: 11:57:58 AM
MOVED: Court
MOTION: Refer Senate Bill 16-124 to the Committee on Appropriations. The motion passed on a vote of 10-0.
SECONDED: Van Winkle
VOTE
Becker K.
Yes
Conti
Yes
Garnett
Excused
Kagan
Yes
Pabon
Yes
Roupe
Yes
Sias
Yes
Van Winkle
Yes
Wilson
Yes
Foote
Yes
Court
Yes
FINAL YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS














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