Date: 01/27/2009

Final
BILL SUMMARY for HB09-1101

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Moved amendment L.001. The amendment makes techni
Refer House Bill 09-1101, as amended, to the Commi
Pass Without Objection
PASS



10:55 AM -- House Bill 09-1101 - Concerning the Administration of Sales Tax Collections

Representative Benefield, prime sponsor, explained the provisions of the bill and distributed amendment L.001 (Attachment C), and a fact-sheet from the Department of Revenue on House Bill 09-1101 (Attachment D). She commented that the bill imposes a penalty on vendors that are delinquent in filing their sales tax return to the Department of Revenue. Representative Benefield explained that some vendors remit the taxes they collect on time, but fail to file the corresponding tax return. This results in the department being unable to determine where to distribute the local government portion of the sales taxes it receives.

09HouseFin0127AttachC.pdf 09HouseFin0127AttachD.pdf


The following person testified:

11:03 AM -- Mr. Scott Downs, Colorado Fiscal Policy Institute, testified in support of the bill. He commented that the bill encourages fiscal accountability and will help local governments get the taxes that are collected by the Department of Revenue on a more efficient basis.


11:05 AM

The bill was placed on the table for action and Representative Benefield discussed amendment L.001. She noted that the amendment makes technical changes and clarifies language that applies to the penalties in the bill.
BILL:HB09-1101
TIME: 11:05:50 AM
MOVED:Benefield
MOTION:Moved amendment L.001. The amendment makes technical changes and clarifies language that applies to the penalties in the bill. The motion passed without objection by those members present.
SECONDED:Frangas
VOTE
Apuan
Benefield
Gerou
Kefalas
Kerr A.
Lambert
Roberts
Summers
Swalm
Frangas
Judd
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:HB09-1101
TIME: 11:08:07 AM
MOVED:Benefield
MOTION:Refer House Bill 09-1101, as amended, to the Committee of the Whole. The motion passed on a 11-0 vote.
SECONDED:Frangas
VOTE
Apuan
Yes
Benefield
Yes
Gerou
Yes
Kefalas
Yes
Kerr A.
Yes
Lambert
Yes
Roberts
Yes
Summers
Yes
Swalm
Yes
Frangas
Yes
Judd
Yes
Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS



11:09 AM

Adjourn.