CLICS/CLICS2018A/commsumm.nsf
PUBLIC
BILL SUMMARY For HB18-1185
HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR
Date Feb 15, 2018
Location LSB A
HB18-1185 - Referred to House Finance
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01:55:26 PM |
The committee reconvened. Representatives Kraft-Tharp and Wist introduced House Bill 18-1185. The bill changes how multi-state corporate income taxpayers apportion income from the sales of services and intangible property to Colorado. A handout was distributed to the committee [Attachment A]. The bill sponsors responded to questions from the committee.
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02:05:59 PM |
Stephanie Copeland, Office of Economic
Development and International Trade, testified in support of the bill.
She responded to questions from the committee. A map of state
corporate income tax apportionment methods was distributed to the committee
[Attachment B].
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02:08:28 PM |
Bruce Nelson, Metro Development Corporation, Denver Metro Chamber of Commerce, and Colorado Competitive Council, testified in support of the bill.
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02:12:24 PM |
Loren Furman, Colorado Association of Commerce and Industry, testified in support of the bill.
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02:15:14 PM |
Mr. Nelson responded to questions from the committee.
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02:20:30 PM
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Motion |
Refer House Bill 18-1185 to the Committee on Finance. |
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| Moved |
Kraft-Tharp |
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| Seconded |
Van Winkle |
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Arndt |
Yes |
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Coleman |
Yes |
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Garnett |
Yes |
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Gray |
Yes |
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Liston |
Yes |
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Rosenthal |
Yes |
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Sandridge |
Yes |
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Sias |
Yes |
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Thurlow |
Yes |
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Van Winkle |
Yes |
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Williams D. |
Yes |
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Winter |
Yes |
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Kraft-Tharp |
Yes |
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Final |
YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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