Bill

Bill > HB1050


CO HB1050

CO HB1050
Simplify Processes Regarding Certain Local Government Taxes


summary

Introduced
01/10/2024
In Committee
05/01/2024
Crossed Over
05/21/2024
Passed
05/21/2024
Dead
Signed/Enacted/Adopted
06/04/2024

Introduced Session

2024 Regular Session

Bill Summary

CONCERNING THE SIMPLIFICATION OF PROCESSES RELATED TO TAXES IMPOSED BY LOCAL GOVERNMENTS, AND, IN CONNECTION THEREWITH, REQUIRING LOCAL TAXING JURISDICTIONS TO REPORT TO THE EXECUTIVE DIRECTOR OF THE DEPARTMENT OF REVENUE INFORMATION ON LOCAL LODGING TAX AND BUILDING PERMIT-RELATED SALES OR USE TAX INFORMATION, REQUIRING THE EXECUTIVE DIRECTOR TO PUBLISH THAT INFORMATION, MODIFYING THE SCOPE OF THE SALES AND USE TAX SIMPLIFICATION TASK FORCE TO INCLUDE SIMPLIFICATION OF LOCAL LODGING TAX, REQUIRING THE SALES AND USE TAX SIMPLIFICATION TASK FORCE TO RECEIVE INFORMATION RELATED TO THE FEASIBILITY AND IMPLEMENTATION OF AN ELECTRONIC PORTAL FOR THE COLLECTION AND REMITTANCE OF LOCAL LODGING TAXES, AND MAKING AN APPROPRIATION.

AI Summary

This bill aims to simplify processes related to taxes imposed by local governments in Colorado. It requires local taxing jurisdictions to report information on local lodging taxes and building permit-related sales or use taxes to the Executive Director of the Department of Revenue, who must then publish this information. The bill also expands the scope of the Sales and Use Tax Simplification Task Force to include simplifying local lodging taxes, and requires the task force to receive information on the feasibility of an electronic portal for the collection and remittance of local lodging taxes. Additionally, the bill makes an appropriation to the Department of Revenue to implement these changes.

Committee Categories

Budget and Finance

Sponsors (21)

Last Action

Governor Signed (on 06/04/2024)

Taxonomy

Government Operations
  • ‐ Intergovernmental Relations
  • ‐ Tax Administration and Collection of Revenue
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


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bill summary

Document Type Source Location Created
State Bill Page https://leg.colorado.gov/bills/hb24-1050 01/11/2024
Fiscal Note FN3 https://leg.colorado.gov/sites/default/files/documents/2024A/bills/fn/2024a_hb1050_f1.pdf 07/11/2024
BillText https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1050_enr.pdf 05/21/2024
BillText https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1050_rer.pdf 05/02/2024
BillText https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1050_rev.pdf 05/01/2024
Fiscal Note/Analysis - Budget Staff Analysis SA2 https://leg.colorado.gov/sites/default/files/documents/2024A/bills/fn/2024a_hb1050_sen.pdf 04/30/2024
BillText https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1050_ren.pdf 04/24/2024
BillText https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1050_eng.pdf 04/23/2024
House Appropriations Amendment J.001 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2024A/amendments/13F19D1A63B08BFF87258B0500660BE9/HB1050_J.001.pdf 04/23/2024
Fiscal Note/Analysis - Budget Staff Analysis SA1 https://leg.colorado.gov/sites/default/files/documents/2024A/bills/fn/2024a_hb1050_hse.pdf 04/20/2024
Fiscal Note FN2 https://leg.colorado.gov/sites/default/files/documents/2024A/bills/fn/2024a_hb1050_r1.pdf 02/26/2024
House Finance Amendment L.001 https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2024A/amendments/526E181C1CC7E88187258AB600536626/HB1050_L.001.pdf 02/01/2024
Fiscal Note FN1 https://leg.colorado.gov/sites/default/files/documents/2024A/bills/fn/2024a_hb1050_00.pdf 01/22/2024
BillText https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1050_01.pdf 01/11/2024
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