Colorado Governor Indicators Legislation Regarding Revenue, Gross sales, Property, Excise Tax Coverage

July 9, 2021, 5:00 AM

The Colorado Governor signed a law concerning tax policy for individual income, corporate income, trust income, sales and use, property, and excise tax purposes (the specific date of signing is not available at this time). The law includes measures: 1) defining “tax policy” in part as decisions by state or local governments regarding taxes that have or may be levied; 2) creating and explaining the duties of a legislative oversight committee that considers tax policy; 3) creating a task force on legislative policy that is overseen by the committee to study tax policy and make legislative recommendations to the committee; …

© 2021 The Bureau of National Affairs, Inc.

All Rights Reserved