CO SB128

Exempts destination management companies (DMCs) from sales and use tax on fees charged to clients for destination management services from July 1, 2027 through December 31, 2032

Defines qualifying DMCs as companies that provide at least six destination management services in Colorado, have at least three full-time employees, and do not prepare/serve food or own event venues

Covered services include booking entertainers, coordinating tours, organizing event registration, staffing events, catering coordination, shuttle services, and airport meet-and-greet services

Exemption automatically repeals on December 31, 2035, with effectiveness measured by the State Auditor based on statewide economic impact of DMCs

Sponsored by Senators Snyder and Kirkmeyer and Representative Lukens; assigned to Senate Finance Committee