CO HB1155

Amends Section 39-26-720 to update outdated statutory references for bingo equipment sales and use tax exemptions, changing references from Section 12-9-102 to Section 24-21-602.

Modifies Section 29-2-105 to clarify that low-emitting motor vehicle exemptions under Section 39-26-719 can only be adopted by towns, cities, or counties through express inclusion in their sales tax ordinances.

Repeals Section 39-26-110 regarding retailers with multiple locations, eliminating provisions allowing consolidated tax return filing across multiple business locations.

Amends Section 39-26-204.5 to establish a new Geographic Information System (GIS) database for determining tax jurisdictions, with retailer protections repealing after 90 days of the system becoming operational, tested, and verified by the Department of Revenue.

Updates Section 39-26-707 to correct statutory references for the definition of "food" in food stamp exemptions, referencing 7 U.S.C. Section 2012 as it exists on October 1, 1987, or as subsequently amended.