SB17-208
Machine Tool Sales Tax Exempt Construction Material Mine
| Type | Bill |
|---|---|
| Session | 2017 Regular Session |
Concerning sales and use tax treatment of equipment used in construction materials mining operations.
Bill Summary:
Purchases of machinery or machine tools to be used in Colorado directly and predominantly in manufacturing tangible personal property are currently exempt from state sales and use tax. The bill extends the exemption to machinery or machine tools purchased by a business for construction materials mining operations.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Senator
Kevin Priola
Related Documents & Information
| Date | Location | Action |
|---|---|---|
| 04/06/2017 | Senate | Senate Committee on Appropriations Postpone Indefinitely |
| 03/14/2017 | Senate | Senate Committee on Finance Refer Amended to Appropriations |
| 03/03/2017 | Senate | Introduced In Senate - Assigned to Finance |