HB 17-1216

HB 17-1216, also known as the Sales and Use Tax Simplification Task Force bill, creates a group made up of lawmakers and tax experts who will look into ways to simplify sales and use taxes between state and local governments in Colorado. This task force can accept funding from various sources to help them with their work and must report back annually on their progress. The bill has been signed into law, meaning the task force is now active and working towards simplifying tax processes for better clarity and efficiency.

Official Summary

The bill creates the sales and use tax simplification task force (task force) made up of legislative members and state and local sales and use tax experts. The bill requires the task force to study sales and use tax simplification between the state and local governments, and in particular between the state and home rule jurisdictions. The task force is: Authorized to seek, accept, and expend gifts, grants, or donations from private or public sources in order to meet its goals; Subject to sunset review in 3 years; and Required to make an annual report to the legislative council that may or may not include recommendations for legislation.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Votes