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
|