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SB 23-156 CO
Became Law

Sunset Private Letter Ruling And Information Letter

CO · session 2023A · Senate · bill

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Introduced Feb 15, 2023

Latest action (May 1, 2023) Introduced In Senate - Assigned to Finance

Summary

The act implements the recommendations of the department of regulatory agencies, as contained in the department's sunset review of the issuance of private letter rulings (rulings) and information letters (letters) by the department of revenue, as follows: Continues the issuance of rulings and letters by the department of revenue and removes the issuance of rulings and letters from the sunset review process; Allows the department of revenue to extend the 90-day deadline to issue a ruling if the taxpayer agrees to the extension; and Allows the department of revenue to issue letters and rulings for any issue related to a tax or fee administered by the department of revenue. For the 2023-24 fiscal year, the act appropriates $53,644 from the private letter ruling fund to the department of revenue for use by the taxation business group for personal services related to taxation services. APPROVED by Governor May 1, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)

Sponsors (4)

Action history (15)

  1. May 1, 2023 Governor Signed · executive
  2. Apr 27, 2023 Sent to the Governor · executive
  3. Apr 27, 2023 Signed by the Speaker of the House · lower
  4. Apr 26, 2023 Signed by the President of the Senate · upper
  5. Apr 17, 2023 House Third Reading Passed - No Amendments · lower
  6. Apr 15, 2023 House Third Reading Laid Over Daily - No Amendments · lower
  7. Apr 14, 2023 House Second Reading Special Order - Passed - No Amendments · lower
  8. Apr 14, 2023 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
  9. Mar 30, 2023 House Committee on Finance Refer Unamended to Appropriations · lower
  10. Mar 14, 2023 Introduced In House - Assigned to Finance · lower
  11. Mar 13, 2023 Senate Third Reading Passed - No Amendments · upper
  12. Mar 10, 2023 Senate Second Reading Special Order - Passed with Amendments - Committee · upper
  13. Mar 10, 2023 Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole · upper
  14. Mar 2, 2023 Senate Committee on Finance Refer Amended to Appropriations · upper
  15. Feb 15, 2023 Introduced In Senate - Assigned to Finance · upper

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