Thursday, May 5, 2011

House Supports Repeal of Amazon Tax

Bipartisan Measure Creates Jobs by Repealing Egregious Tax

DENVER—The House of Representatives gave approval to a bipartisan measure to repeal Colorado’s egregious “Amazon Tax.”
House Bill 11-1318, co-sponsored by House Majority Leader Amy Stephens, R-Monument, and Rep. Sue Schafer, D-Wheat Ridge, repeals the provisions of House Bill 10-1193 that allowed the state to collect taxes on sales made by out-of-state retailers. 
“Republicans are dedicated to creating jobs today,” said Stephens.  “I’m proud of Rep. Schafer, business groups and the bipartisan coalition she brought together in order to support this measure.”
Back in 2010, after the Amazon Tax was signed into law, thousands of Coloradans lost their jobs.
“Amazon pulled thousands of jobs out of Colorado when House Bill 10-1193 was signed into law,” said Stephens.  “Repealing that law is one of the easiest and fastest ways we can bring jobs back to Colorado.” 
The measure passed the House on a vote of 58-6.  The measure now moves to the Senate for further consideration.
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