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CO SB272

Bill

Status

Passed

5/30/2025

Primary Sponsor

Marc Catlin

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Exempts construction and building materials from state sales and use tax when used to build, alter, or repair housing for regional transportation authority employees or contractors

  • Expands the definition of "governmental capacities" to include employee/contractor housing construction by regional transportation authorities

  • Grants regional transportation authority boards explicit power to build, erect, alter, or repair structures for housing their employees or contractors

  • Amends Colorado Revised Statutes sections 39-26-708, 43-4-604, and 43-4-605

Legislative Description

Regional Transportation Authority Sales & Use Tax Exemption

Fiscal Policy & Taxes

Last Action

Governor Signed

5/30/2025

Committee Referrals

Finance4/30/2025
Appropriations4/14/2025
Transportation & Energy4/1/2025

Full Bill Text

No bill text available