Rule |
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Additional Information |
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Statutory Authority |
sections 24-4-103(6), 39-21-112(1), and 39-26-718 C.R.S. |
Purpose/Objective of Rule |
The purpose of this emergency regulation is to provide guidance to Colorado taxpayers in light of statutory changes made by the Colorado General Assembly in House Bill 18-1218. Prior to House Bill 18-1218, veteran’s organizations previously qualified for only a limited sales tax exemption under section 39-26-718, C.R.S. However, House Bill 18-1218 amended the exempt designation of veteran’s organizations in Colorado so that such organizations fully qualify as charitable organizations under section 39-26-718, C.R.S. |
Comments |
The Department tentatively plans to hold a permanent rulemaking hearing on this regulation on January 31, 2019. A notice of proposed rulemaking stating the date, time, and location for a permanent rulemaking hearing, as well as instructions for submitting written comments, will be forthcoming. |
Submitted in response to issues raised by COLS/OLLS? |
No
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Is this rule adopted in response to recent legislation? |
Yes
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Recent legislation bill number |
House Bill 18-1218
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Contact Name |
Josh Pens |
Contact Title |
Director of Tax Policy Analysis |
Contact Telephone |
303 866 3036 |
Contact email |
josh.pens@state.co.us |