- HB 1041 prohibits home rule jurisdictions in Colorado from collecting sales and use tax from retailers without physical presence in the state, unless the retailer elects to collect and remit or enters into a voluntary collection agreement. It takes effect 90 days after the general assembly’s final adjournment.
- SB 23 provides protection to vendors by stating that they are not liable for underpayments resulting from errors or omissions in the Department of Revenue’s GIS database data, as long as they properly use and reasonably rely on the information. It is effective upon enactment.
- SB 24 prevents localities from imposing additional reporting requirements on accommodations intermediaries that are not imposed on all marketplace facilitators required to collect and remit local tax. It becomes effective on January 1, 2025.
Source PwC
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