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Senate passes bill to eliminate sales-tax vendor fee after heated debate; 18-17
Summary
The Colorado Senate approved House Bill 25 B 1005, eliminating the state'authorized vendor fee retailers collect for remitting sales tax. The measure passed 18-17 in a special session vote after lengthy floor debate over impacts on small businesses and state revenue.
Senate lawmakers on Monday passed House Bill 25 B 1005, a measure to eliminate the so-called vendor fee that allows most Colorado retailers and restaurants to retain a portion of state sales tax they collect. The bill passed on final reading 18-17.
Senator Kipp, the bill''s sponsor, told colleagues the elimination was intended to help close a budget shortfall created after federal tax changes. "This bill will eliminate what we some people call the vendor fee," Senator Kipp said on the floor, adding, "we do not generally pay people to pay their taxes. We do not generally pay people to comply with the law." Kipp framed the change as a contribution to the state's immediate revenue needs and said the measure would simplify sales tax collection.
The bill drew sustained opposition from senators representing both…
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