Today, as expected, Colorado HB1193 passed the official recorded vote. The vote was 33 for and 32 against. The Colorado Affiliate tax legislation moves onto the Senate. It will go through a similar process.
This process is first an initial reading and then it will to a Senate committee. The committee will take action, either recommend passage or not. It moves back to Senate floor for second reading, voice vote and then third reading and recorded vote.
From there the bill will move to the Governor. He’ll either sign, veto or take no action in which case it automatically becomes law.
If you are an affiliate in Colorado, make sure that you are prepared. Identify vulnerable merchants and find replacements. There are thousands of merchants that will welcome you.
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