s_fin_2016a_2016-02-16t14:02:20z2 Hearing Summary
Date: 02/16/2016
Final
BILL SUMMARY for SB16-124
SENATE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Refer Senate Bill 16-124 to the Committee on Appro | PASS |
04:26 PM -- SB16-124
Senator Grantham, prime sponsor, presented Senate Bill 16-124. Beginning July 1, 2016, this bill expands the current sales and use tax exemption for machinery and machine tools (machinery) used in manufacturing to include machinery purchased by businesses listed in the Department of Public Heath and Environment's inventory of recyclers and solid waste processors (material recovery facilities).
04:29 PM -- Ms. Jessica Burley, representing the Colorado Association of Recycling, testified in support of the bill.
04:31 PM -- Mr. Alek Orloff, representing Alpine Waste and Recycling, testified in support of the bill.
04:36 PM
Senator Grantham made some closing remarks on the bill and the fiscal note.
| BILL: | SB16-124 | |
| TIME: | 04:38:07 PM | |
| MOVED: | Holbert | |
| MOTION: | Refer Senate Bill 16-124 to the Committee on Appropriations. The motion passed on a vote of 5-0. | |
| SECONDED: | ||
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VOTE
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Holbert
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Yes
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Johnston
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Yes
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Kerr
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Yes
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Hill
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Yes
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Neville T.
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Yes
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Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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