SB 20-044

  • Colorado Senate Bill
  • 2020 Regular Session
  • Introduced in Senate Jan 08, 2020
  • Senate
  • House
  • Governor

Sales And Use Tax Revenue For Transportation

Abstract

For state fiscal years commencing on or after July 1, 2020, the bill requires 10% of net revenue from sales and use tax, as a portion of the sales and use taxes attributable to sales or use of vehicles and related items, to be credited to the highway users tax fund (HUTF) and thereafter allocated for state, county, and municipal highway system projects in accordance with the existing "second stream" formula for the allocation of HUTF money as follows: 60% to the state highway fund; 22% to counties; and 18% to municipalities.(Note: This summary applies to this bill as introduced.)

Bill Sponsors (2)

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Actions


Jan 29, 2020

Senate

Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely

State, Veterans, & Military Affairs

Jan 08, 2020

Senate

Introduced In Senate - Assigned to State, Veterans, & Military Affairs

  • Introduction
State, Veterans, & Military Affairs

Bill Text

Bill Text Versions Format
Introduced (01/08/2020) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (01/24/2020) PDF
Fiscal Note FN2 (10/05/2020) PDF

Sources

Data on Open States is updated nightly from the official website of the Colorado General Assembly.

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