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Bill Detail: HB18-1350

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Title Machine Tool Sales Tax Exemption For Scrap Metal
Status Governor Signed (06/06/2018)
Bill Subjects
  • Fiscal Policy & Taxes
House Sponsors T. Kraft-Tharp (D)
Senate Sponsors K. Priola (R)
House Committee Business Affairs & Labor
Senate Committee Finance
Date Introduced 04/02/2018
Description

Purchases of machinery or machine tools to be used in Colorado
directly and predominantly in manufacturing tangible personal property
are currently exempt from state sales and use tax. Manufacturing is
currently defined to include the processing of recovered materials. The
bill expands the definition of recovered materials to include materials that

have been derived from scrap metal or ...
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