Amendments for HB20-1420
House Journal, June 10
1 HB20-1420 be amended as follows, and as so amended, be referred to
2 the Committee on Appropriations with favorable
3 recommendation:
4
5 Amend printed bill, page 7, line 7, strike "(1)" and substitute "(1); and
6 add (9)".
7
8 Page 7, line 8, strike "gains." and substitute "gains - repeal.".
9
10 Page 7, after line 14 insert:
11
12 "(9) THIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31, 2028.".
13
14 Page 7, line 19, strike "FILING PERIODS" and substitute "SALES AND
15 PURCHASES MADE".
16
17 Page 7, line 27, strike "FILING PERIODS" and substitute "SALES AND
18 PURCHASES MADE".
19
20 Page 8, line 2, after "ARE" insert "DEEMED TO BE WHOLESALE SALES AND
21 ARE".
22
23 Page 8, after line 5 insert:
24 "SECTION 7. In Colorado Revised Statutes, 39-26-705, amend
25 (1) as follows:
26 39-26-705. Miscellaneous use tax exemptions - printers ink
27 and newsprint - manufactured goods. (1) (a) (I) FOR SALES AND
28 PURCHASES MADE BEFORE AUGUST 1, 2020, the storage, use, or
29 consumption of printers ink and newsprint shall be exempt from taxation
30 under the provisions of part 2 of this article ARTICLE 26.
31 (II) THIS SUBSECTION (1)(a) IS REPEALED, EFFECTIVE AUGUST 1,
32 2025.
33 (b) FOR SALES AND PURCHASES MADE AFTER AUGUST 1, 2020, THE
34 STORAGE, USE, OR CONSUMPTION OF NEWSPRINT AND PRINTER'S INK FOR
35 USE BY PUBLISHERS OF NEWSPAPERS AND COMMERCIAL PRINTERS ARE
36 EXEMPT FROM TAXATION UNDER THE PROVISIONS OF PART 2 OF THIS
37 ARTICLE 26.".
38
39 Renumber succeeding sections accordingly.
40
41 Page 8, line 9, strike "part 2 of" and substitute "part 2 of".
42
43 Page 8, line 11, strike "FILING PERIODS" and substitute "SALES AND
44 PURCHASES MADE".
45
46 Page 8, lines 22 and 23, strike "FILING PERIODS" and substitute "SALES
47 AND PURCHASES MADE".
48
49 Page 8, line 23, strike "TAXPAYER" and substitute "PURCHASER".
50
51 Page 8, lines 24 and 25, strike "FILING PERIOD," and substitute "MONTH,".
52
53 Page 8, line 25, strike "TAXPAYER," and substitute "PURCHASER,".
54
55 Page 9, line 4, strike "FILING PERIOD" and substitute "MONTH".
56
1 Page 9, strike lines 9 and 10 and substitute:
2
3 "(c) COAL, GAS, FUEL OIL, STEAM, COKE, OR NUCLEAR FUEL FOR
4 USE BY A UTILITY COMPANY TO GENERATE ELECTRICITY FOR RETAIL OR
5 WHOLESALE SALE; AND".
6
7 Page 9, line 15, strike "TAXPAYER" and substitute "PURCHASER".
8
9 Page 10, line 9, strike "20-____," and substitute "20-1420,".
10
11 Page 10, line 27, strike "20-____," and substitute "20-1420,".
12
13
House Journal, June 10
50 HB20-1420 be amended as follows, and as so amended, be referred to
51 the Committee of the Whole with favorable
52 recommendation:
53
54 Amend printed bill, page 15, after line 25 insert:
55
56 "SECTION 14. Appropriation. (1) For the 2020-21 state fiscal
1 year, $4,777,659 is appropriated to the department of revenue. This
2 appropriation is from the general fund. To implement this act, the
3 department may use this appropriation as follows:
4 (a) $405,134 for use by the executive director's office for health,
5 life, and dental;
6 (b) $3,637 for use by the executive director's office for short-term
7 disability;
8 (c) $106,978 for use by the executive director's office for S.B. 04-
9 257 amortization equalization disbursement;
10 (d) $106,978 for use by the executive director's office for S.B. 06-
11 235 supplemental amortization equalization disbursement;
12 (e) $280,500 for leased space;
13 (f) $2,403,800 for use by the taxation and compliance division for
14 personal services, which amount is based on an assumption that the
15 division will require an additional 42.5 FTE;
16 (g) $347,570 for use by the taxation and compliance division for
17 operating expenses;
18 (h) $1,121,862 for tax administration IT system (GenTax) support;
19 and
20 (i) $1,200 for the purchase of document management services.
21 (2) For the 2020-21 state fiscal year, $1,200 is appropriated to the
22 department of personnel. This appropriation is from reappropriated funds
23 received from the department of revenue under subsection (1)(i) of this
24 section. To implement this act, the department of personnel may use this
25 appropriation to provide document management services for the
26 department of revenue.".
27
28 Renumber succeeding sections accordingly.
29
30 Page 1, line 103, strike "FUND." and substitute "FUND, AND, IN
31 CONNECTION THEREWITH, MAKING AN APPROPRIATION.".
32
33
House Journal, June 10
6 Amendment No. 1, Appropriations Report, dated June 10, 2020, and
7 placed in member’s bill file; Report also printed in House Journal, June
8 10, 2020.
9
10 Amendment No. 2, Finance Report, dated June 9, 2020, and placed in
11 member’s bill file; Report also printed in House Journal, June 9, 2020.
12
13 Amendment No. 3, by Representative Sirota:
14
15 Amend the Appropriations Committee Report, dated June 10, 2020, page
16 1, line 3, strike "$4,777,659" and substitute "$702,170".
17
18 Page 1, strike lines 6 through 23 and substitute:
19
20 "(a) $277,811 for use by the taxation and compliance division for
21 personal services, which amount is based on an assumption that the
22 division will require an additional 4.8 FTE;
23 (b) $39,778 for use by the taxation and compliance division for
24 operating expenses;
25 (c) $311,529 for use by the taxpayer service division for personal
26 services, which amount is based on an assumption that the division will
27 require an additional 6.1 FTE;
28 (d) $50,552 for use by the taxpayer service division for operating
29 expenses; and
30 (e) $22,500 for tax administration IT system (GenTax) support.".".
31
32 Page 2, strike lines 1 through 5.
33
34 Amendment No. 4, by Representative McCluskie:
35
36 Amend the Finance Committee Report, dated June 9, 2020, page 1, strike
37 lines 6 through 9 and substitute:
38
39 "Page 7 of the bill, line 19, strike "FILING PERIODS BEFORE AUGUST 1,
40 2020," and substitute "SALES AND PURCHASES MADE BEFORE JANUARY 1,
41 2023,".
42
43 Page 7 of the bill, line 27, strike "FILING PERIODS ON AND AFTER AUGUST
44 1, 2020," and substitute "SALES AND PURCHASES MADE ON AND AFTER
45 JANUARY 1, 2023,".".
46
47 Page 1 of the report, after line 11, insert:
48
49 "Page 8 of the bill, line 5, strike "AUGUST 1, 2025." and substitute
50 "JANUARY 1, 2028.".".
51
52 Page 1 of the report, line 17, strike "AUGUST 1, 2020," and substitute
53 "JANUARY 1, 2023,".
54
55 Page 2 of the report, lines 3 and 4, strike "AUGUST 1, 2025." and
1 substitute "JANUARY 1, 2028.".
2
3 Page 2 of the report, line 5, strike "AUGUST 1, 2020," and substitute
4 "JANUARY 1, 2023,".
5
6 Page 2 of the report, strike lines 12 and 13 and substitute:
7
8 "Page 8 of the bill, line 11, strike "FILING PERIODS BEFORE AUGUST 1,
9 2020," and substitute "SALES AND PURCHASES MADE BEFORE JANUARY 1,
10 2023,".".
11
12 Page 2 of the report, before line 14 insert:
13
14 "Page 8 of the bill, lines 17 and 18, strike "AUGUST 1, 2025." and
15 substitute "JANUARY 1, 2028.".".
16
17 Page 2 of the report, strike lines 14 and 15 and substitute:
18
19 "Page 8 of the bill, lines 22 and 23, strike "FILING PERIODS ON AND AFTER
20 AUGUST 1, 2020," and substitute "SALES AND PURCHASES MADE ON AND
21 AFTER JANUARY 1, 2023,".".
22
23 Amendment No. 5, by Representative Weissman:
24
25 Amend printed bill, page 15, line 9, strike "JULY 1, 2021," and substitute
26 "MARCH 1, 2021,".
27
28 Page 15, line 10, strike "FIFTY" and substitute "SEVENTY-FIVE".
29
30 Page 15, line 14, strike "JULY 1, 2022," and substitute "MARCH 1, 2022,".
31
32 Page 15, line 15, after "HUNDRED" insert "SEVENTY-FIVE".
33
34 Page 15, line 18, strike "JULY 1, 2023," and substitute "MARCH 1, 2023,".
35
36 Page 15, line 19, after "HUNDRED" insert "SEVENTY-FIVE".
37
38 Page 15, line 22, strike "JULY 1, 2024," and substitute "MARCH 1, 2024,".
39
40 Page 15, line 23, after "HUNDRED" insert "SEVENTY-FIVE".
41
42 Page 16, line 1, strike "section 11" and substitute "section 12".
43
44 As amended, ordered engrossed and placed on the Calendar for Third
45 Reading and Final Passage.
46
Senate Journal, June 12
After consideration on the merits, the Committee recommends that HB20-1420 be
amended as follows, and as so amended, be referred to the Committee on Appropriations
with favorable recommendation.
Amend reengrossed bill, page 6, line 27, after "2021," insert "BUT BEFORE
JANUARY 1, 2024,".
Page 6, after line 27 insert:
"(b) ALL NET OPERATING LOSSES ARISING IN TAXABLE YEARS
BEGINNING BEFORE JANUARY 1, 2018, MAY BE CARRIED FORWARD ONE
ADDITIONAL YEAR FOR EACH TAX YEAR THAT A CORPORATION IS
PROHIBITED PURSUANT TO SUBSECTION (7)(a) OF THIS SECTION FROM
SUBTRACTING A PORTION OF SUCH NET OPERATING LOSSES FROM THE
CORPORATION'S FEDERAL TAXABLE INCOME.".
Reletter succeeding paragraph accordingly.
Senate Journal, June 15
HB20-1420 by Representative(s) Sirota and Gray; also Senator(s) Moreno and Hansen--Concerning the
adjustment of certain state tax expenditures in order to allocate additional revenues to the
state education fund.
A majority of those elected to the Senate having voted in the affirmative, Senator Moreno
was given permission to offer a third reading amendment.
Third Reading Amendment No. 1(L.069), by Senator Moreno.
Amend revised bill, page 7, line 22, strike "2020," and substitute "2021,".
Page 9, after line 2 insert:
"SECTION 7. Appropriation. (1) For the 2020-21 state fiscal
year, $49,002 is appropriated to the department of revenue. This
appropriation is from the general fund. To implement this act, the
department may use this appropriation as follows:
(a) $20,580 for use by the taxation and compliance division for
personal services;
(b) $5,922 for use by the taxpayer service division for personal
services; and
(c) $22,500 for tax administration IT system (GenTax) support.".
Renumber succeeding section accordingly.
Page 1, line 103, strike "FUND." and substitute "FUND, AND, IN
CONNECTION THEREWITH, MAKING AN APPROPRIATION.".
The amendment was passed on the following roll call vote:
YES 33 NO 0 EXCUSED 2 ABSENT 0
Bridges Y Gardner Y Marble Y Story Y
Cooke Y Ginal Y Moreno Y Tate Y
Coram Y Gonzales Y Pettersen Y Todd Y
Crowder Y Hansen Y Priola Y Williams A. Y
Danielson Y Hill E Rankin Y Winter Y
Donovan Y Hisey Y Rodriguez Y Woodward Y
Fenberg Y Holbert Y Scott Y Zenzinger Y
Fields Y Lee Y Smallwood Y President Y
Foote Y Lundeen Y Sonnenberg E
The question being "Shall the bill, as amended, pass?", the roll call was taken with the
following result:
YES 20 NO 13 EXCUSED 2 ABSENT 0
Bridges Y Gardner N Marble N Story Y
Cooke N Ginal Y Moreno Y Tate N
Coram N Gonzales Y Pettersen Y Todd Y
Crowder N Hansen Y Priola Y Williams A. Y
Danielson Y Hill E Rankin N Winter Y
Donovan Y Hisey N Rodriguez Y Woodward N
Fenberg Y Holbert N Scott N Zenzinger Y
Fields Y Lee Y Smallwood N President Y
Foote Y Lundeen N Sonnenberg E