5C4B6BCD92870EB387258A1B005857EB Hearing Summary

PUBLIC
BILL SUMMARY For OFFICE OF THE STATE AUDITOR

INTERIM COMMITTEE LEGISLATIVE OVERSIGHT COMMITTEE CONCERNING TAX POLICY & TASK FORCE
Date Aug 30, 2023
Location HCR 0112

Office of the State Auditor - Committee Discussion Only

Attachment Tag

File Name

Attachment A

Attachment A.pdf

10:05:00 AM

Mr. Trey Standley
and Ms. Michelle Colin, representing the Office of the State Auditor (OSA),
presented some additional tax expenditure evaluations for the committee's
review. OSA indentified five additional expenditures for review.
Their reports may be found in Attachment A.

10:07:13 AM

Mr. Standley continued by discussing the newsprint & printer's ink and newspaper exemption.

10:18:33 AM

Mr. Standley continued by discussing the deduction for wages & salaries due to Internal Revenue Code 280C.

10:36:10 AM

Mr. Standley continued
by discussing the structural cigarette and tobacco products excise tax
expenditures. He specifically discussed the bad debt credits.

10:43:52 AM

Mr. Standley continued by discussing the credit for purchase of a uniquely valuable motor vehicle registration numbers.

11:00:46 AM

Mr. Standley presented
on the long-term care insurance credit.

Office of the State Auditor - Committee Discussion Only

Colorado General Assembly