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s_fin_2016a_2016-02-16t14:02:20z2 Hearing Summary

Date: 02/16/2016



Final

BILL SUMMARY for SB16-124



SENATE COMMITTEE ON FINANCE


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







04:26 PM -- SB16-124



Senator Grantham, prime sponsor, presented Senate Bill 16-124. Beginning July 1, 2016, this 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).



04:29 PM --
Ms. Jessica Burley, representing the Colorado Association of Recycling, testified in support of the bill.



04:31 PM --
Mr. Alek Orloff, representing Alpine Waste and Recycling, testified in support of the bill.





04:36 PM



Senator Grantham made some closing remarks on the bill and the fiscal note.

BILL: SB16-124
TIME: 04:38:07 PM
MOVED: Holbert
MOTION: Refer Senate Bill 16-124 to the Committee on Appropriations. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Holbert
Yes
Johnston
Yes
Kerr
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS












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