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First Regular Session | 75th General Assembly
Colorado General Assembly
HB16-1232

Sunset DOR Department Of Revenue Private Letter Ruling & General Information Letter

Type Bill
Session 2016 Regular Session
Subjects
Fiscal Policy & Taxes

Concerning continuation of the authority of the executive director of the department of revenue to issue written responses upon the request of a taxpayer.

Bill Summary:

Currently, the executive director of department of revenue (department), or the executive director's designee, is charged with issuing the following upon written request from a taxpayer:
  • Private letter rulings (binding determinations regarding the tax consequences of a proposed or completed transaction); and
  • Information letters (nonbinding statements providing general information regarding any tax administered by the department).
This duty is currently scheduled to sunset on September 1, 2016. The act continues the requirement of the department to issue these letters until September 1, 2023.

The act also specifies that the department must track the total state full-time equivalent (FTE) personnel positions necessary and the hours dedicated by each FTE for the issuance, declination, modification, or revocation of all information letters or private letter rulings.

(Note: This summary applies to this bill as enacted.)

Prime Sponsors

Representative Tracy Kraft-Tharp

Representative

Tracy Kraft-Tharp

Senator Randy Baumgardner

Senator

Randy Baumgardner

Committees

House

Business Affairs and Labor

Senate

Finance

Appropriations

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
06/10/2016 Signed Act PDF
05/03/2016 Final Act PDF
04/26/2016 Rerevised PDF
04/25/2016 Revised PDF
03/01/2016 Reengrossed PDF
02/29/2016 Engrossed PDF
02/05/2016 Introduced PDF
Date Version Documents
08/25/2016 FN2 PDF
02/12/2016 FN1 PDF
Date Version Documents
04/22/2016 SA1 PDF
Activity Vote Documents
Refer House Bill 16-1232 to the Committee of the Whole. Consent calendar. The motion passed on a vote of 6-0. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Refer House Bill 16-1232 to the Committee on Appropriations. The motion passed on a vote of 5-0. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Refer House Bill 16-1232 to the Committee of the Whole. The motion passed on a vote of 13-0. Vote summary
Hearing Summary
|
Committee Report:  PDF
Date Calendar Motion Vote Vote Document
04/26/2016 Third Reading BILL
35
AYE
0
NO
0
OTHER
 		Vote record
Date Calendar Motion Vote Vote Document
03/01/2016 Third Reading BILL
64
AYE
0
NO
1
OTHER
 		Vote record
Date Location Action
06/10/2016 Governor Governor Signed
05/04/2016 Governor Sent to the Governor
05/03/2016 Senate Signed by the President of the Senate
05/02/2016 House Signed by the Speaker of the House
04/26/2016 Senate Senate Third Reading Passed - No Amendments
04/25/2016 Senate Senate Second Reading Special Order - Passed - No Amendments
04/22/2016 Senate Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
03/24/2016 Senate Senate Committee on Finance Refer Unamended to Appropriations
03/04/2016 Senate Introduced In Senate - Assigned to Finance
03/01/2016 House House Third Reading Passed - No Amendments
02/29/2016 House House Second Reading Passed - No Amendments
02/25/2016 House House Committee on Business Affairs and Labor Refer Unamended to House Committee of the Whole
02/05/2016 House Introduced In House - Assigned to Business Affairs and Labor
Effective Date Chapter # Title Documents
06/10/2016 336 Sunset DOR Private Letter Ruling & Gen Info Letter PDF

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