(Jan. 25) – A bill to streamline reporting requirements and encourage efficiency in the Colorado Department of Revenue, sponsored by Rep. Tracy Kraft-Tharp, D-Arvada, and Rep. Dan Thurlow, R-Grand Junction, passed the House this morning on second reading.
The bill is the first of several that will be introduced this session in an effort to streamline government processes and increase efficiency. HB16-1026 repeals accounting and reporting requirements placed on DOR by sales tax legislation implemented in 2010.
“It’s great to see the first piece of our bipartisan effort to streamline reporting requirements pass the House,” said Rep. Kraft-Tharp. “We all want a more efficient government. These reports don’t present useful data and are cumbersome to create. It’s common sense to remove this reporting burden so the department can focus on working efficiently.”
The legislation will make it so that DOR no longer has to issue quarterly reports on the revenue impact of 10 pieces of legislation passed in 2010, three of which have since been repealed. The bill passed unanimously out of the House Finance Committee last week.