January 28, 2019
|Denver, CO – The Colorado State Senate today unanimously voted to pass SB19-006, a bill sponsored by Senator Angela Williams (D-Denver) that will solicit bids for upgrading the sales and use tax system. This bill does not create a new tax law, but clarifies existing law so that it is easier for small businesses to do business in Colorado and help local economies thrive. The bill now moves to the Colorado House of Representatives for consideration.|
“This bill is about making it easier for small businesses to succeed in Colorado,” said Senator Williams. “By soliciting bids for upgrading the electronic sales tax and use system, we can help entrepreneurs focus on their businesses instead of the tax code.”
Colorado has the hardest tax system for businesses to navigate, according to a 2018 analysis by the Council on State Taxation. With its passage on the Senate floor this morning, SB19-006 took another step forward towards creating a simpler taxation system for Colorado businesses.
To learn more about SB19-006, please visit https://leg.colorado.gov/bills/sb19-006.
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