HB 18-1185

  • Colorado House Bill
  • 2018 Regular Session
  • Introduced in House Apr 27, 2018
  • Passed House Apr 27, 2018
  • Passed Senate May 04, 2018
  • Signed by Governor Jun 04, 2018

Market Sourcing For Business Income Tax Apportionment

Abstract

For income tax years commencing on and after January 1, 2019, the bill generally replaces the method for sourcing of sales for purposes of apportioning the income of a taxpayer that has income from the sale of services or from the sale, lease, license, or rental of intangible property in both Colorado and other states from the cost-of-performance test in the case of services and the commercial domicile test in the case of intangible property to a market-based sourcing system. Under this new system, receipts for the sale of services or from the sale, lease, license, or rental of intangible property are apportioned to Colorado based not on where the service is performed, but where the service is delivered. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More

Bill Sponsors (4)

Votes


Actions


Jun 04, 2018

Office of the Governor

Governor Signed

May 22, 2018

Senate

Signed by the President of the Senate

Office of the Governor

Sent to the Governor

House

Signed by the Speaker of the House

May 07, 2018

House

House Considered Senate Amendments - Result was to Concur - Repass

May 04, 2018

House

House Considered Senate Amendments - Result was to Laid Over Daily

Senate

Senate Third Reading Passed - No Amendments

May 03, 2018

Senate

Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Appropriations

Senate

Senate Second Reading Special Order - Passed with Amendments - Committee

May 02, 2018

Senate

Senate Committee on Finance Refer Amended to Appropriations

  • Referral-Committee
Appropriations Finance

Apr 27, 2018

Senate

Introduced In Senate - Assigned to Finance

  • Introduction
Finance

House

House Third Reading Passed - No Amendments

Apr 26, 2018

House

House Second Reading Special Order - Passed with Amendments - Committee, Floor

Apr 25, 2018

House

House Committee on Appropriations Refer Amended to House Committee of the Whole

  • Referral-Committee
  • Committee-Passage
House Committee of the Whole Appropriations

Feb 28, 2018

House

House Committee on Finance Refer Amended to Appropriations

  • Referral-Committee
Appropriations Finance

Feb 15, 2018

House

House Committee on Business Affairs and Labor Refer Unamended to Finance

  • Referral-Committee
Business Affairs and Labor Finance

Feb 02, 2018

House

Introduced In House - Assigned to Business Affairs and Labor

  • Introduction
Business Affairs and Labor

Bill Text

Bill Text Versions Format
Committee Amendment PDF
PA1 (03/01/2018) PDF
PA2 (04/26/2018) PDF
PA3 (05/02/2018) PDF
Introduced (02/02/2018) PDF
Engrossed (04/26/2018) PDF
Reengrossed (04/27/2018) PDF
Revised (05/03/2018) PDF
Rerevised (05/04/2018) PDF
Final Act (05/22/2018) PDF
Signed Act (06/04/2018) PDF

Related Documents

Document Format
Fiscal Note SA1 (04/25/2018) PDF
Fiscal Note SA2 (05/03/2018) PDF
Fiscal Note FN1 (02/14/2018) PDF
Fiscal Note FN2 (09/13/2018) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.