This Week in Tech Policy
Action Taken on Legislation in the 2019 Legislative Session
- Since last week, the Colorado General Assembly has introduced new bills and taken action on previously introduced tech-related legislation listed below. Throughout the legislative session you can see what bills CTA is monitoring through our CTA Legislative Tracker in the Member Only Content area accessed through your member portal.
- New Bills
SB 140: Income Gain On Transactions Using Virtual Currency
The bill allows an individual taxpayer or a corporation to claim a state income tax deduction on gains, to the extent included in federal taxable income, from the sale or exchange of virtual currency for other than cash or cash equivalents, up to $600 per sale or exchange. All sales or exchanges that are part of the same transaction or a series of related transactions are required to be treated as one sale or exchange.
- Recent Action
- HB 1008: Include Career and Technical Education in Building Excellent Schools Today Program
Passed out of the Senate on 2/20
- SB 6: Electronic Sales and Use Tax Simplification System
Passed out of the House Finance Committee on2/11
- SB 23: Cryptocurrency Exemption Colorado Digital Token Act
Passed out of the House 2/19
- City of Denver Updates E-Bike Rules
- Last week, Denver City Council passed a new ordinance spearheaded by Council President Jolon Clark that specifies rules for the various e-bikes on the streets, bike paths, and sidewalks, and aligns the city’s safety laws with a new state law passed in 2017.
- READ MORE
- Sen. Bennet and Colorado Leaders Launch Artificial Intelligence Strategy Group
Senator Michael Bennet this week convened a group of two dozen Colorado leaders from a cross-section of industries to form the Colorado Leadership in Artificial Intelligence Strategy Group. J.B. Holston, Dean of the University of Denver’s Daniel Felix Ritchie School of Engineering and Computer Science, is chairing the group.
- Fort Collins Lays Groundwork for E-Scooters
The Fort Collins City Council this week approved rules governing the use of the electronic scooters, setting the stage for their introduction to Fort Collins as soon as midsummer.