Senate Bill 16-016 Summary

• Extends the Denver Metropolitan Scientific and Cultural Facilities District (SCFD) sales and use tax authority to June 30, 2030, replacing the previous June 30, 2018 expiration date.

• Modifies tax rates for the three individual sales and use taxes collected by the district, with tiered rates based on annual revenue thresholds of $38 million.

• Allows Douglas County to join the district through an election held no later than 2025, contingent on intergovernmental agreement among affected municipalities and county commissioners.

• Updates definitions of "cultural facility" and "scientific facility" to clarify eligible nonprofit organizations under Section 501(c)(3) of the Internal Revenue Code and local government agencies.

• Expands facility eligibility requirements and distribution criteria, including requirements for seven-year operational history for new applicants beginning January 1, 2017, and establishes board authority to publish annual governance and transparency information on the district's website.