State Government / Colorado / Legislation / SB 128
Source-provided summary
The act exempts the sale, storage, use, or consumption of tangible personal property, commodities, or services sold by a destination management company from state sales and use taxation, beginning July 1, 2027. The exemption only applies if the destination management company has already paid the state the applicable sales or use tax on the property, commodities, or services upon acquisition.(Note: This summary applies to this bill as enacted.)
Latest development · May 4, 2026
Governor Signed
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Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
Senate Considered House Amendments - Result was to Concur - Repass
House Third Reading Passed - No Amendments
House Third Reading Laid Over Daily - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Second Reading Laid Over Daily - No Amendments
House Committee on Finance Refer Amended to House Committee of the Whole
Senate Third Reading Passed - No Amendments
Introduced In House - Assigned to Finance
Senate Second Reading Passed with Amendments - Committee
Senate Second Reading Laid Over to 03/24/2026 - No Amendments
Senate Second Reading Laid Over to 03/23/2026 - No Amendments
Senate Committee on Finance Refer Amended - Consent Calendar to Senate Committee of the Whole
Introduced In Senate - Assigned to Finance
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