Senate Joint Resolution 14-038 Summary

• Urges Colorado's home rule municipalities that locally collect sales taxes to develop uniform definitions for taxable and exempt goods and services through the Colorado Municipal League

• Requests municipalities establish a mechanism to maintain standardized definitions over time and create a coordinated system for issuing tax guidance to prevent conflicting interpretations across jurisdictions

• Directs that new definitions be developed to achieve revenue neutrality and avoid requiring voter approval under the state constitution

• Recommends municipalities consider adopting definitions from state sales and use tax statutes and Department of Revenue rules where consistent with revenue neutrality

• Sets August 2016 as the target date for municipalities to begin adopting and implementing standardized definitions and guidance