Sales Tax Assistance For Small Bus
| Type | Bill |
|---|---|
| Session | 2022 Regular Session |
| Subjects |
Concerning an increase in the amount of sales tax revenue that a retailer may retain to cover the retailer's expense in collecting and remitting the tax, and, in connection therewith, making an appropriation.
Bill Summary:
The act permits a retailer with total taxable sales in the amount of $100,000 or less for any filing period to retain 5.3% of the sales tax reported as compensation for the retailer's expenses incurred in collecting and remitting the tax (vendor fee) for sales made in 2023, rather than retaining a 4% vendor fee, which is what current law allows. The act also clarifies that the calculation of the amount that is credited to the housing development grant fund is only based on the changes to the vendor fee from House Bill 19-1245, and not on any subsequent modifications, including the changes made in the act. The act allows the executive director of the department of revenue to deduct processing costs from the electronic payment of taxes and fees in lieu of imposing a convenience fee.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.002 | The motion passed without objection. | Vote summary |
| Refer Senate Bill 22-006, as amended, to the Committee of the Whole. | The motion passed on a vote of 9-0. | Vote summary |
| Activity | Vote | Documents |
|---|
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 22-006 to the Committee on Appropriations. | The motion passed on a vote of 9-1. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment J.001 | The motion passed without objection. | Vote summary |
| Refer Senate Bill 22-006, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 7-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 22-006 to the Committee on Appropriations. | The motion passed on a vote of 5-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/10/2022 | House Amendments | REPASS |
34
AYE
0
NO
1
OTHER
|
Vote record |
| 05/10/2022 | House Amendments | CONCUR |
34
AYE
0
NO
1
OTHER
|
Vote record |
| 03/14/2022 | Third Reading | BILL |
34
AYE
0
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/09/2022 | Third Reading | BILL |
60
AYE
5
NO
0
OTHER
|
Vote record |
| 05/09/2022 | Third Reading | PERM |
26
AYE
39
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 05/16/2022 | Governor | Governor Signed |
| 05/11/2022 | Governor | Sent to the Governor |
| 05/11/2022 | House | Signed by the Speaker of the House |
| 05/11/2022 | Senate | Signed by the President of the Senate |
| 05/10/2022 | Senate | Senate Considered House Amendments - Result was to Concur - Repass |
| 05/09/2022 | House | House Third Reading Passed - No Amendments |
| 05/06/2022 | House | House Third Reading Laid Over Daily - No Amendments |
| 05/05/2022 | House | House Committee on Appropriations Refer Amended to House Committee of the Whole |
| 05/05/2022 | House | House Second Reading Special Order - Passed with Amendments - Committee |
| 03/28/2022 | House | House Committee on Finance Refer Unamended to Appropriations |
| 03/14/2022 | House | Introduced In House - Assigned to Finance |
| 03/14/2022 | Senate | Senate Third Reading Passed - No Amendments |
| 03/11/2022 | Senate | Senate Second Reading Special Order - Passed with Amendments - Committee |
| 03/11/2022 | Senate | Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole |
| 02/16/2022 | Senate | Senate Committee on Finance Refer Unamended to Appropriations |
| 01/12/2022 | Senate | Introduced In Senate - Assigned to Finance |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 08/10/2022 | 160 | Sales Tax Assistance For Small Bus |