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S_BLT_2020A 03/02/2020 01:31:33 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date 03/02/2020
Attendance
Priola X
Story X
Tate X
Danielson X
Williams A. X
Time 01:31:33 PM to 01:35:44 PM
Place SCR 354
This Meeting was called to order by Senator Williams A.
This Report was prepared by Elizabeth Haskell
Hearing Items Action Taken
HB20-1182 Referred to the Committee of the Whole - Consent Calendar
HB20-1205 Referred to the Committee of the Whole - Consent Calendar

X = Present, E = Excused, A = Absent, * = Present after roll call

HB20-1182 - Referred to the Committee of the Whole - Consent Calendar


01:33:01 PM  

Senator Moreno, bill sponsor, presented House Bill 20-1182 and House Bill 20-1205.  HB 20-1182l repeals the sales tax exemption for sales to residents of bordering states without a retail sales tax.  HB 20-1205 repeals the obsolete statutory provision which allows individuals, estates, and trusts to deduct Colorado pre-1987 net operating losses carried forward from tax years beginning prior to January 1, 1987 from their taxable income. This deduction was only available for 15 years, or until 2002.



01:34:36 PM
Motion Refer House Bill 20-1182 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Danielson
Seconded
Priola Yes
Story Yes
Tate Yes
Danielson Yes
Williams A. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB20-1205 - Referred to the Committee of the Whole - Consent Calendar




01:35:28 PM
Motion Refer House Bill 20-1205 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Danielson
Seconded
Priola Yes
Story Yes
Tate Yes
Danielson Yes
Williams A. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


01:35:44 PM   The committee adjourned.






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