Colo. Rev. Stat. § 39-26-105.5

Current through 11/5/2024 election

Section 39-26-105.5 - Remittance of sales taxes - electronic funds transfers

As specified in section 39-22-119.5, a vendor whose liability for state sales tax only for the previous calendar year was more than seventy-five thousand dollars shall use electronic funds transfers to remit all state and local sales taxes required to be remitted to the executive director of the department of revenue.

C.R.S. § 39-26-105.5

Amended by 2019 Ch. 395,§ 4, eff. 8/2/2019.

Amended by 2019 Ch. 31,§ 3, eff. 8/2/2019.

L. 2001: Entire section added, p. 510, § 1, effective August 8. L. 2017: Entire section amended, (HB 17-1136), ch. 237, p. 237, § 2, effective March 23. L. 2019: Entire section amended, (SB 19-024), ch. 99, p. 99, § 3, effective August 2; Entire section amended, (HB 19-1256), ch. 3515, p. 3515, § 4, effective August 2.

Section 4(2) of chapter 31 (SB 19-024), Session Laws of Colorado 2019, provides that the act changing this section applies to remittances made on or after August 2, 2019.

For the legislative declaration in SB 19-024, see section 1 of chapter 31, Session Laws of Colorado 2019.