Date: 04/30/2015

Final
BILL SUMMARY for SB15-222

HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR

Votes: View--> Action Taken:
Refer Senate Bill 15-222 to the Committee on FinanPASS



01:42 PM -- SB 15-222

Representative Williams, sponsor, introduced Senate Bill 15-222. Under current law, broadband internet providers can claim a state sales and use tax refund for equipment used to provide broadband service to areas of the state with a population of less than 30,000. The total refund that can be claimed by all taxpayers is limited to $1 million per year. The refund must be claimed between January 1 and April 1 in the year after the taxes are paid. If more than $1 million is claimed, the department prorates the refund claims so the total refunds issued do not exceed $1 million. The bill increases the limit to $2.5 million for investments made in 2015, $4 million in 2016, and $5 million in 2017 and in future years. The increased cap applies for refunds claimed beginning in January of the year following when the investments were made.

Representative Williams responded to questions from the committee.

01:51 PM -- Jennifer Price, AT&T, testified in support of the bill. Ms. Price provided two handouts to the committee (Attachments A and B). Ms. Price responded to questions from the committee.

150430 AttachA.pdf150430 AttachA.pdf150430 AttachB.pdf150430 AttachB.pdf

02:00 PM -- Erik Mitisek, Colorado Technology Association, testified in support of the bill.

02:03 PM -- Nick Colqlazier, Colorado Farm Bureau, testified in support of the bill.

02:06 PM

Representative Williams made closing remarks regarding the bill.

BILL:SB15-222
TIME: 02:07:07 PM
MOVED:Williams
MOTION:Refer Senate Bill 15-222 to the Committee on Finance. The motion passed on a vote of 12-1.
SECONDED:Pabon
VOTE
Arndt
Yes
Garnett
Yes
Keyser
Yes
Navarro
Yes
Nordberg
Yes
Pabon
Yes
Rosenthal
No
Roupe
Yes
Tate
Yes
Thurlow
Yes
Winter
Yes
Kraft-Tharp
Yes
Williams
Yes
Final YES: 12 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS