HB 22-1039

House Bill 22-1039, also known as Sales and Use Tax Exemption Form Simplification, aims to make it easier for people who qualify for certain tax exemptions by simplifying the forms they need to fill out. The bill requires the Department of Revenue to review these forms and streamline them without compromising the proper administration of tax exemptions. This change will benefit individuals and businesses that are eligible for specific sales or use tax breaks but currently face complex paperwork. Since the bill has been signed, it is now law and its provisions are in effect.

Official Summary

For some, but not all, exemptions from state and state-collected local sales and use taxes, a person who wishes to establish the right to obtain an exemption is either explicitly required by state law or required by the department of revenue (department) as it administers and enforces state law to complete a form created by the department, which, depending on which exemption is sought, may be described as an affidavit, application, certificate, certification, declaration, or statement. The act requires the department to examine its forms and requirements relating to their use and, to the extent feasible without impairing the proper administration of the exemptions, simplify the forms and related requirements for persons making tax-exempt purchases. Exceptions to existing statutory requirements relating to the forms are made for any simplifications made by the department. (Note: This summary applies to this bill as enacted.)

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