Weekly Policy Update: Colorado Special Session Recap

The Colorado General Assembly met for a three-day Special Session this week to pass an economic stimulus package that provides support and relief to certain small businesses, education providers, and families.

At the end of the session, 10 bills passed the legislature and were sent to Governor Polis for his signature.

  • House Bill 1004 – Qualified Retailer Retain Sales Tax for Assistance: Allows qualifying retailers in the alcoholic beverages drinking places industry, the restaurant and other eating places industry, and the mobile food services industry to temporarily deduct up to a certain amount in net taxable sales from their monthly state sales tax return and retain the resulting sales tax revenue.

Read the full summary from Colorado Legislative Strategies.

In the weeks leading up to the 2021 legislative session, CBSA continues to advocate for our life sciences ecosystem. We will keep our members updated on the policy issues impacting life sciences.

Categories: CBSA News