Colorado Capitol Report

Sales & Use Tax Simplification Task Force Releases 2018 Draft Legislation


Sales & Use Tax Simplification Task Force Releases 2018 Draft Legislation

The legislative Sales & Use Tax Simplification Task Force which has been meeting this summer has released draft legislation for the 2018 Legislative Session.  The bill includes but is not limited to the following provisions:

No later than June 30, 2018, the Department of Revenue shall issue a Request for Information (RFI) in accordance with the Procurement Code, Articles 101-112 of Title 24, and within DOR’s existing resources, for an electronic sales and use tax simplification system that the State or any local government that levies a sales or use tax, including home rule municipalities and counties could use that would provide for:

  • Accurate address location information to be used by a retailer;
  • A single application process for tax licenses;
  • A uniform remittance form;
  • An accurate taxability matrix of each item subject to sales or use tax.

The Task Force will be discussing this draft during its next meeting on November 1st.  Any changes to this draft bill will be made at that meeting or during the 2018 legislative session.  Please contact Loren Furman at lfurman@cochamber.com or at 303-866-9642 if you should have any questions.


Building Partnerships with CACI

Jenny Engle
Senior Director for Public Affairs

Why did you begin attending the Government Affairs Council at CACI?

I started attending in 2013 after I moved to Colorado to become senior director of public affairs for Fidelity Investments.  I’ve been with the company for more than 15 years but my background is in media relations so the meetings have been invaluable to me.

What have you found/learned through your participation?

Attending Government Affairs Council meetings helps me stay informed about legislation of relevance to Fidelity as well as more broadly, across other industries.  As a relative newcomer to the state, it’s been a great way for me to get familiar with the legislative process and some of the players here in Colorado.  The team at CACI, especially Loren, have been great partners and advocates for Fidelity and the investment services industry.

Have you built any new business relationships?

I’ve made connections both professionally and personally.  A recent example is a coalition that included CACI, Fidelity and several other entities that collaborated to oppose a piece of legislation that was a priority issue for us during the last session. 

I’ve also found that CACI events provide an opportunity to connect with clients and policymakers while also raising Fidelity’s profile.  We have a relatively small presence in Colorado with about 800 associates but we serve thousands of individuals and businesses of all sizes so it’s another way to show people that we’re invested in Colorado.

Does participation help you in your job?  Will it help your business?

Definitely.  When the legislature is in session, it’s one more tool for me to use to ensure that I don’t miss anything.  It provides a place for me to get additional information, ask questions and hear from others in the business community.  I’ve also appreciated the guest speakers, particularly legislative staffers, who come to the meetings and make themselves available to the group.

What should others know about participating in the Government Affairs Council at CACI?

It’s an extremely efficient way to get a lot of information in a short time. 


SAVE -THE-DATE: CACI’s Last Fed Council of 2017 will be Nov. 7th!

Join us at the Federal Reserve Denver

for insights into our communities, economy & federal policy!

Time: Noon – 1:15pm, Luncheon

Location: Federal Reserve Bank of Kansas City – Denver Branch
Entrance located on Curtis Street between 15th & 16th Street Mall, halfway down block.

Special Guest Speaker:

Ariel Cisneros, Sr. Community Development Advisor, Federal Reserve Bank

Agenda:

  • How do community development trends interact with, inform and reflect business trends?  Where do we see Colorado’s growth going over the next 2, 10 & 20 years from a community development perspective?  What can the business community learn from that perspective?
  • Federal policy updates on: healthcare, tax reform, budget, Clean Power Plan repeal, Congressional buzz, legislative calendar for the rest of 2017 & more!
  • Special tour available of the Money Museum for those who want a glimpse into maintaining our nation’s currency

Please RSVP here so we can have enough lunches brought in that day.

**Please note** You will need to present a photo ID to enter the Federal Reserve, as well as clear a security screening.

Parking: Street & garage parking available in neighborhood

Special thanks to Black Hills Energy for supporting CACI’s Fed Council!

If you are interested in sponsoring a policy council in 2018, please contact Laura Moss or Leah Curtsinger.  Have an idea for a policy council?  We’d love to hear it!

 


What’s Next For The Clean Power Plan?

Last week the Environmental Protection Agency (EPA) announced their intent to repeal the Obama Administration’s landmark and controversial Clean Power Plan (CPP).

“The U.S. Chamber believes there is a better way to approach GHG regulations (than the CPP), and that a true partnership between EPA, states, and affected stakeholders can result in power plant standards that lower emissions and preserve America’s energy advantage while respecting the bounds of the Clean Air Act.”

Here’s what you need to know:  The D.C. Circuit Court granted the EPA’s request to temporarily halt litigation over the CPP until the EPA can determine what its next steps are.  In the meantime, EPA Director Pruitt has officially issued a Notice of Proposed Rulemaking in the Federal Register, which can be found under the headline, “Carbon Pollution Emission Guidelines for Existing Stationary Sources: Electric Utility Generating Units,” aka the Clean Power Plan.

What this means for you:  This filing starts a 60-day clock for public comments which will end on December 15, 2017.  If you have opposed the CPP in any form over the last few years, CACI asks you to consider filing individual comments, comments for your company and/or sending Leah Curtsinger, CACI’s Federal Policy Director, an email with your thoughts, reasoning for opposing the CPP, or quotes which can contribute to the comments CACI files on our members’ behalf.

**If you wish to submit comments as a company or individually, click here.  If you wish to see comments submitted by the public or review background materials on this NPRM, they can be viewed here.**

Additional Resources:


Mark your calendars for CACI’s Holiday Happy Hour

December 6, 2017 from 5:00 p.m. – 7:00 p.m.

Location: 10 Barrel Brewing, 2620 Walnut St, Denver, CO 80205

Complimentary to all CACI Members

To register, click here

Thank you to our event sponsor!


Now Accepting 2018 EXECs Advocacy Applications

The CACI EXECs Advocacy Program delivers experiential insight into prominent Colorado companies. Through business tours and policy-based forums in partnership with key Colorado executives and elected officials, you will learn about the different industries that impacts Colorado’s economy.

WHAT ARE THE BENEFITS?

  • Develop a strong foundation in Colorado business policy and advocacy
  • Network with other leaders from Colorado companies
  • Gain perspective on critical issues that impact the different regions of Colorado and the industries that support them

WHO SHOULD APPLY?

Rising leaders who are passionate about shaping and enhancing Colorado’s economy and strengthening Colorado’s business climate.

WHAT IS THE COST?

$2100 per person includes all required program materials, travel, food, and beverages. Class fees are non-refundable and non-transferable. Programs range from half day to full day commitments.

Program runs from February through October. We meet once per month. 2018 dates will be finalized and posted to the website by Dec. 1st.

Click here to apply

For questions regarding the program, please contact Lalitha Christian at LChristian@COchamber.com