Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu
SB21-282

Continue Small Business Destination Sourcing Exception

Concerning an extension of the small retailer exception to the sales and use tax destination sourcing rules.
Session:
2021 Regular Session
Subjects:
Fiscal Policy & Taxes
Local Government
Bill Summary



By enacting House Bill 19-1240 in 2019, concerning sales and use tax administration, the state codified the department of revenue's destination sourcing rule for state sales and use tax collection for sales and use taxes imposed by any statutory incorporated town, city, or county and for special districts. That bill allowed small retailers to source their sales to the business' location regardless of where the purchaser receives the tangible personal property or service until 90 days after a geographic information system provided by the state is online and available for the retailer to determine the taxing jurisdiction in which an address resides. On April 1, 2021, the department of revenue issued a notice that the geographic information system is online and meets the requirements. Therefore, under current law, the small retailer exception to the sales tax destination sourcing rules will repeal on June 30, 2021.

This act allows small retailers to source their sales to the business' location regardless of where the purchaser receives the tangible personal property or service until February 1, 2022.

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

Status

Introduced
Passed
Became Law

Menu

Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    06/30/2021 Signed Act PDF
    06/15/2021 Final Act PDF
    06/07/2021 Rerevised PDF
    06/03/2021 Revised PDF
    05/27/2021 Reengrossed PDF
    05/26/2021 Engrossed PDF
    05/19/2021 Introduced PDF
COVID-19 Resources
2021 Ballot Information Booklet (Blue Book)
NORTH ENTRANCE IS CURRENTLY CLOSED.  TO ENTER THE CAPITOL, USE THE SOUTH ENTRANCE, UNDER THE STAIRS, AT 14th AVENUE AND SHERMAN STREET.