| Notice Filed with SOS |
11/13/2017 |
| Rule |
ProposedRuleAttach2017-00555.pdf |
| Additional Information |
AddInfoAttach2017-00555.pdf |
| Statutory Authority |
The statutory basis for this rule is §§ 39-21-112(1) and 39-26-718, C.R.S. |
| Description of Subjects/Issues |
The purpose of this amendment is to increase a threshold in the rule regarding the use of check or
credit card for exempt purchases. The rule currently allows the exemption for purchases over one
hundred dollars only if paid for with check or credit card issued in the exempt organization’s
name. Exempt organizations can make purchases in in dollar amounts below this threshold with
cash. This amendment will raise this threshold to two-hundred fifty dollars. |
| Purpose/Objective of Rule |
The purpose of this amendment is to increase a threshold in the rule regarding the use of check or credit card for exempt purchases. The rule currently allows the exemption for purchases over one hundred dollars only if paid for with check or credit card issued in the exempt organization’s name. Exempt organizations can make purchases in dollar amounts below this threshold with cash. This amendment will raise this threshold to two-hundred fifty dollars. |
| Basis And Purpose |
BasisAndPurposeAttachment2017-00555.doc
|
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
12/20/2017 |
| Hearing Time |
09:00 AM |
| Hearing Location |
1375 Sherman Rm 127 |
| Contact Name |
Erika Hoxeng |
| Contact Title |
Tax Policy Analyst |
| Contact Telephone |
303-866-4805 |
| Contact email |
erika.hoxeng@state.co.us |