CLICS/CLICS2020B/commsumm.nsf
PUBLIC
BILL SUMMARY For HB20B-1004
HOUSE COMMITTEE ON FINANCE
Date Nov 30, 2020
Location LSB A
HB20B-1004 - Referred to House Appropriations
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12:20:34 PM |
Representatives A.
Valdez and Van Winkle, co-prime bill sponsors, presented House Bill 2020B-1004
to the committee. The bill allows qualified retailers to deduct up
to $70,000 in net taxable sales on their state sales tax returns each month
for four months and for up to five locations.
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12:23:46 PM |
The bill sponsors
responded to questions from the committee.
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12:35:26 PM |
Amber Egbert, representing
Department of Revenue (DOR), came to the table and remotely responded to
questions from the committee. Representative A. Valdez responded
to questions from the committee.
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12:48:14 PM |
Nick Hoover, representing the Colorado Restaurant Association, testified in support of the bill.
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12:51:52 PM |
Chase Bonner, representing
Parrot's Sports Grill, testified against the bill. Representative
Van Winkle responded to questions from Mr. Bonner.
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12:59:26 PM |
Committee members
made concluding remarks on the bill.
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01:03:57 PM
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Motion |
Refer House Bill 20B-1004 to the Committee on Appropriations. |
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Moved |
Bird |
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Seconded |
Snyder |
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Benavidez |
Yes |
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Bockenfeld |
Excused |
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Champion |
Yes |
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Sandridge |
Yes |
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Snyder |
Yes |
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Sullivan |
Yes |
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Weissman |
Yes |
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Bird |
Yes |
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Gray |
Yes |
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Final |
YES: 8 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
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