8FBFA386483CF6CD872585040073E54A Hearing Summary

PUBLIC
BILL SUMMARY For SB20-099

SENATE COMMITTEE ON FINANCE
Date Feb 4, 2020
Location SCR 357

SB20-099 - Postponed Indefinitely

02:12:26 PM

Senator Rankin introduced Senate Bill 20-099. The bill changes the dollar threshold for economic nexus for purposes of retail sales made by retailers without physical presence in the state from $100,000 to $200,000. He discussed potential amendments to the bill and responded to questions from the committee.

02:13:40 PM

Tony Gagliardi, National Federation of Independent Business, testified in support of the bill.

02:28:38 PM

Mr. Gagliardi responded to questions from the committee.

02:33:51 PM

Brendon Reese, Department of Revenue, responded
to questions from the committee regarding the bill.

02:39:35 PM

Senator Rankin gave concluding remarks
regarding the bill. Esther van Mourik, Office of Legislative Legal
Services, came to the table to respond to committee questions. She
referenced House Bill 20-1022 which continues the Sales and Use Tax Simplification
Task Force. The committee discussed whether the Senate Finance Committee
should send a letter to the task force asking it to examine the issues
raised by SB 20-099.

02:55:37 PM

Members of the committee commented on the bill.

02:57:49 PM	Motion	Refer Senate Bill 20-099 to the Committee on Appropriations.
	Moved	Tate
	Seconded

	Hansen	No
	Lundeen	Yes
	Tate	Yes
	Todd	No
	Woodward	Yes
	Lee	No
	Gonzales	No
		YES: 3 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: FAIL

02:58:04 PM	Motion	Postpone Senate Bill 20-099 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.
	Moved	Gonzales
	Seconded

	Hansen	Yes
	Lundeen	No
	Tate	No
	Todd	Yes
	Woodward	No
	Lee	Yes
	Gonzales	Yes
	Final	YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB20-099 - Postponed Indefinitely

Colorado General Assembly