HB 24-1018
signedCollege Textbook Sales Use Tax Exemption
Plain-English Summary
AI-generatedHouse Bill 24-1018, which has been signed into law, exempts college textbooks from state sales and use taxes starting July 1, 2024. This means that students will no longer have to pay tax when buying textbooks. Counties or cities can choose whether they want to apply this exemption locally as well. The bill is now law and will provide financial relief for students purchasing educational materials.
Official Summary
The bill creates a state sales and use tax exemption commencing on July 1, 2024, for all sales, storage, use, and consumption of college textbooks. The bill allows a county or municipality to choose to adopt the exemption by express inclusion in its sales and use tax ordinance or resolution.
(Note: This summary applies to this bill as introduced.)
Details
- Chamber
- House
- First action
- 2024-05-14
- Latest action
- 2024-01-10
- Last action desc.
- Introduced In House - Assigned to Finance
- OpenStates
- View source ↗
Related Legislation
This bill affects (26)
amendsHB 19-1240(2019A)· signedSales And Use Tax Administration
amendsSB 22-051(2022A)· signedPolicies To Reduce Emissions From Built Environment
amendsSB 21-184(2021A)· failedSki Area Safety Plans And Accident Reporting
amendsHB 19-1172(2019A)· signedTitle 12 Recodification And Reorganization
amendsSB 19-130(2019A)· failedSales Tax Administration
amendsSB 24-025(2024A)· signedUpdate Local Government Sales & UseTax Collection
relatesHB 22-1166(2022A)· signedIncentives Promote Colorado Timber Industry
relatesHB 17-1239(2017A)· signedRelocate Title 12 Private Occupational Schools
relatesSB 19-159(2019A)· signedSunset Passenger Tramway Safety Board
relatesHB 22-1312(2022A)· signedModifications To Sales Tax Statutes To Address Defects
relatesSB 21-184(2021A)· failedSki Area Safety Plans And Accident Reporting
relatesHB 21-1261(2021A)· signedExtend Beetle Kill Wood Products Sales Tax Exemption
relatesHB 22-1039(2022A)· signedSales & Use Tax Exemption Form Simplification
relatesHB 19-1172(2019A)· signedTitle 12 Recodification And Reorganization
repealsHB 18-1083(2018A)· signedOn-demand Air Carriers Sales And Use Tax Exemption
repealsHB 22-1062(2022A)· signedExpand Sales And Use Tax Exemption For Food
repealsSB 17-267(2017A)· signedSustainability Of Rural Colorado
repealsHB 17-1195(2017A)· failedCreate State Sales Tax Exemption For Diapers
repealsHB 18-1062(2018A)· signedSales Tax On Retail Marijuana
repealsHB 22-1109(2022A)· signedOn-demand Air Carrier Aircraft Sales Tax Exemption
repealsHB 22-1242(2022A)· signedRegulate Tiny Homes Manufacture Sale And Install
repealsSB 24-025(2024A)· signedUpdate Local Government Sales & UseTax Collection
repealsHB 18-1315(2018A)· signedManufactured Home Sales Tax Exemption
repealsSB 22-051(2022A)· signedPolicies To Reduce Emissions From Built Environment
repealsHB 22-1055(2022A)· signedSales Tax Exemption Essential Hygiene Products
repealsHB 17-1127(2017A)· failedExempt Feminine Hygiene Products From Sales Tax
Affected by (7)
amendsHB 24-1027(2024A)· signedExemption for Children's Products
amendsHB 26-1048(2026A)· signedBack-to-School Sales Tax Holiday
amendsHB 26-1030(2026A)· failedData Center & Utility Modernization
amendsHB 26-1289(2026A)· signedModification of Certain Tax Expenditures
amendsHB 24-1036(2024A)· signedAdjusting Certain Tax Expenditures
extendsSB 25-280(2025A)· signedData Center Development & Grid Modernization Act
relatesHB 26-1223(2026A)· signedModifying Certain Tax Expenditures