Governor Hickenlooper signs House Bill 1272

Governor Hickenlooper signs House Bill 1272

On May 28th, 2013 Governor Hickenlooper signed House Bill 1272 RTD and SCFD Sales and Use tax base same as state.  HB 1272 unifies the RTD and SCFD Sales Tax to
state sales tax codes.  Currently some items that are exempt from the state sales and use tax are subject to the Scientific and Cultural Facilities (SCFD) and RTD’s sales and use tax and vice versa.  RTD and SCFD for example may tax the sales of low emitting motor vehicles but the state may not.  The state may tax the sale of candy and soft drinks, but RTD and SCFD may not.  The current sales tax collection system and all its exemptions are confusing and not business friendly.  Streamlining this process is beneficial to the business community as well as to the base systems of RTD and SCFD.