SB 20-067

  • Colorado Senate Bill
  • 2020 Regular Session
  • Introduced in Senate Jan 09, 2020
  • Senate
  • House
  • Governor

Vehicle Specific Ownership Tax Actual Price

Abstract

Current law uses the manufacturer's suggested retail price (MSRP) of a vehicle to determine taxable value, which is used to determine the amount of the specific ownership tax. For class A and B vehicles that weigh 16,000 pounds or less, current law uses 75% of the MSRP; for class C and D vehicles, current law uses 85% of MSRP. The bill changes this taxable value from MSRP to the actual purchase price. (Note: This summary applies to this bill as introduced.)

Bill Sponsors (1)

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Actions


Feb 04, 2020

Senate

Senate Committee on Finance Postpone Indefinitely

Finance

Jan 09, 2020

Senate

Introduced In Senate - Assigned to Finance

  • Introduction
Finance

Bill Text

Bill Text Versions Format
Introduced (01/09/2020) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (01/30/2020) PDF
Fiscal Note FN2 (06/17/2020) PDF

Sources

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