Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

h_fin_2016a_2016-04-28t13:15:00z2 Hearing Summary

Date: 04/28/2016



Final

BILL SUMMARY for HB16-1457



HOUSE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer House Bill 16-1457 to the Committee of the W PASS







01:44 PM -- HB16-1457



Representatives Garnett and Wilson, co-prime sponsors, introduced House Bill 16-1457. The bill clarifies that the state sales and use tax exemption for residential uses of electricity, coal, wood, gas, fuel oil, and coke (energy sources) applies when energy sources are resold or sold to persons who are not occupants of the residence. The bill applies the exemption to all sales of energy sources for residential use, exempting from taxation energy sources that are purchased for a multifamily residential property and resold to individual resident households. Additionally, the bill clarifies that residential use is presumed when an energy source is sold at a residential utility rate. Representatives Garnett and Wilson answered several committee questions.

BILL: HB16-1457
TIME: 01:50:18 PM
MOVED: Garnett
MOTION: Refer House Bill 16-1457 to the Committee of the Whole. The motion passed on a vote of 10-0.
SECONDED: Wilson
VOTE
Becker K.
Yes
Conti
Yes
Garnett
Yes
Kagan
Yes
Pabon
Excused
Roupe
Yes
Sias
Yes
Van Winkle
Yes
Wilson
Yes
Foote
Yes
Court
Yes
Final YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS







01:51 PM



The committee adjourned.