State of Colorado Moves One Step Closer to Ending a Big Business Community Disincentive

Summary


Last week, the state Senate Appropriations Committee resurrected a bill that would phase out the taxes businesses pay on equipment.

The legislation had been tabled earlier this month after a committee vote ended in a tie. However, the bill's author, Douglas County Republican Sen. Mark Scheffel, appealed to Democratic committee chairman Sen. Abel Tapia to reconsider the measure.

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Extract


State of Colorado Moves One Step Closer to Ending a Big Business Community Disincentive

On its second-chance reading, the bill was approved by a 5-4 vote.

Senate Bill 85, which is being carried i...

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