CONCERNING SALES AND USE TAX EXEMPTIONS FOR THE SALE AND USE OF WOOD FROM TREES HARVESTED IN COLORADO DAMAGED BY BEETLES
Status
05/21/2012 Governor Action – Signed
Sponsors
BRADFORD/KING
Summary
Wood and wood products from trees killed or infested in Coloradoby the mountain pine beetle are currently exempt from sales and use tax.The exemption expires on July 1, 2013.
The bill specifies that the current exemption includes trees killedor infested in Colorado by the spruce beetle and extends the expiration ofthe exemption to July 1, 2020.
Fiscal Impact