Colorado 2025 Regular Session

Colorado Senate Bill SB046 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	First Regular Session
	2	+	Seventy-fifth General Assembly
	3	+	STATE OF COLORADO
	4	+	REREVISED
	5	+	This Version Includes All Amendments
	6	+	Adopted in the Second House
	7	+	LLS NO. 25-0196.01 Jed Franklin x5484
1	8		SENATE BILL 25-046
2		-	BY SENATOR(S) Bridges and Kipp, Amabile, Cutter, Exum, Jodeh,
3		-	Michaelson Jenet, Snyder, Coleman;
4		-	also REPRESENTATIVE(S) Taggart, Bird, Boesenecker, Duran, Lindstedt,
5		-	Phillips, Titone, McCluskie.
	9	+	Senate Committees House Committees
	10	+	Finance Finance
	11	+	A BILL FOR AN ACT
6	12		C
7		-	ONCERNING LOCAL GOVERNMENT SALES OR USE TAX INVESTIGATIONS ,
8		-	AND, IN CONNECTION THEREWITH , ESTABLISHING UNIFORM
9		-	CONFIDENTIALITY STANDARDS FOR THE PROTECTION OF TAXPAYER
10		-	INFORMATION
11		-	.
12		-
13		-	Be it enacted by the General Assembly of the State of Colorado:
14		-	SECTION 1. In Colorado Revised Statutes, add 29-2-217 as
15		-	follows:
16		-	29-2-217. Local taxing jurisdictions sales or use tax
17		-	investigations - confidentiality requirements - limitations - enforcement
18		-	- definitions. (1) A
19		-	S USED IN THIS SECTION, UNLESS THE CONTEXT
20		-	OTHERWISE REQUIRES
21		-	:
	13	+	ONCERNING LOCAL GOVERNMENT SALES OR USE TAX101
	14	+	INVESTIGATIONS, AND, IN CONNECTION THEREWITH ,102
	15	+	ESTABLISHING UNIFORM CONFIDENTIALITY STANDARDS FOR THE103
	16	+	PROTECTION OF TAXPAYER INFORMATION .104
	17	+	Bill Summary
	18	+	(Note: This summary applies to this bill as introduced and does
	19	+	not reflect any amendments that may be subsequently adopted. If this bill
	20	+	passes third reading in the house of introduction, a bill summary that
	21	+	applies to the reengrossed version of this bill will be available at
	22	+	http://leg.colorado.gov/
	23	+	.)
	24	+	Sales and Use Tax Simplification Task Force. Section 1 of the
	25	+	bill establishes uniform confidentiality standards for the protection of
	26	+	taxpayer information used or obtained in connection with a sales or use
	27	+	HOUSE
	28	+	3rd Reading Unamended
	29	+	March 4, 2025
	30	+	HOUSE
	31	+	2nd Reading Unamended
	32	+	February 28, 2025
	33	+	SENATE
	34	+	3rd Reading Unamended
	35	+	February 3, 2025
	36	+	SENATE
	37	+	Amended 2nd Reading
	38	+	January 31, 2025
	39	+	SENATE SPONSORSHIP
	40	+	Bridges and Kipp, Amabile, Coleman, Cutter, Exum, Jodeh, Michaelson Jenet, Snyder
	41	+	HOUSE SPONSORSHIP
	42	+	Taggart, Bird, Boesenecker, Duran, Lindstedt, McCluskie, Phillips, Titone
	43	+	Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
	44	+	Capital letters or bold & italic numbers indicate new material to be added to existing law.
	45	+	Dashes through the words or numbers indicate deletions from existing law. tax investigation performed by a third-party auditor on behalf of a local
	46	+	taxing jurisdiction. Third-party auditors are generally prohibited from
	47	+	divulging or making known in any way to any person information that is
	48	+	obtained from a sales or use tax investigation on behalf of a local taxing
	49	+	jurisdiction or disclosed in any document, report, or return filed in
	50	+	connection with local sales or use taxes. Third-party auditors are
	51	+	permitted to disclose taxpayer information in certain limited
	52	+	circumstances, including disclosure to:
	53	+	! An official, employee, hearing officer, attorney, or other
	54	+	public agent of the local taxing jurisdiction who is
	55	+	authorized to receive such information in connection with
	56	+	the local taxing jurisdiction's sales or use tax investigation
	57	+	performed by the third-party auditor;
	58	+	! A requesting taxpayer, or the taxpayer's authorized agent,
	59	+	of the taxpayer's own tax filings;
	60	+	! The department of revenue (department) for purposes of
	61	+	statistical analysis and publication as authorized by current
	62	+	law; and
	63	+	! The department and the federal internal revenue service as
	64	+	necessary and pertinent to a taxpayer's compliance or
	65	+	failure to comply with state or federal tax law.
	66	+	Violation of the confidentiality provisions in section 1 is a misdemeanor
	67	+	punishable by a fine of not more than $1,000 per violation.
	68	+	Section 2 clarifies the authority of the executive director of the
	69	+	department to share taxpayer information with statutory local
	70	+	governments, special districts, and requesting home rule jurisdictions as
	71	+	necessary to facilitate dispute resolution, coordination, intergovernmental
	72	+	agreements, and information sharing between the department and such
	73	+	local governments consistent with current law, which prohibits the
	74	+	disclosure of any such shared information to any third party.
	75	+	Be it enacted by the General Assembly of the State of Colorado:1
	76	+	SECTION 1. In Colorado Revised Statutes, add 29-2-217 as2
	77	+	follows:3
	78	+	29-2-217. Local taxing jurisdictions sales or use tax4
	79	+	investigations - confidentiality requirements - limitations -5
	80	+	enforcement - definitions. (1) A
	81	+	S USED IN THIS SECTION, UNLESS THE6
	82	+	CONTEXT OTHERWISE REQUIRES :7
22	83		(a) "L
23		-	OCAL TAXING JURISDICTION" HAS THE SAME MEANING AS SET
24		-	FORTH IN SECTION
25		-	39-26-802.7 (1)(b) AND INCLUDES A:
26		-	NOTE: This bill has been prepared for the signatures of the appropriate legislative
27		-	officers and the Governor. To determine whether the Governor has signed the bill
28		-	or taken other action on it, please consult the legislative status sheet, the legislative
29		-	history, or the Session Laws.
30		-	________
31		-	Capital letters or bold & italic numbers indicate new material added to existing law; dashes
32		-	through words or numbers indicate deletions from existing law and such material is not part of
33		-	the act. (I) STATUTORY LOCAL GOVERNMENT ;
	84	+	OCAL TAXING JURISDICTION" HAS THE SAME MEANING AS SET8
	85	+	046-2- FORTH IN SECTION 39-26-802.7 (1)(b) AND INCLUDES A:1
	86	+	(I) S
	87	+	TATUTORY LOCAL GOVERNMENT ;2
34	88		(II) S
35		-	PECIAL DISTRICT;
	89	+	PECIAL DISTRICT;3
36	90		(III) R
37		-	EQUESTING HOME RULE JURISDICTION ; AND
38		-	(IV) SELF-COLLECTING HOME RULE JURISDICTION .
	91	+	EQUESTING HOME RULE JURISDICTION ; AND4
	92	+	(IV) S
	93	+	ELF-COLLECTING HOME RULE JURISDICTION .5
39	94		(b) "S
40		-	ALES OR USE TAX" INCLUDES ALL LOCAL SALES OR USE TAXES
41		-	AND ALL TAXES DESCRIBED IN SECTION
42		-	29-2-201 (8).
	95	+	ALES OR USE TAX" INCLUDES ALL LOCAL SALES OR USE6
	96	+	TAXES AND ALL TAXES DESCRIBED IN SECTION 29-2-201 (8).7
43	97		(c) "S
44		-	ELF-COLLECTING HOME RULE JURISDICTION " MEANS A HOME
45		-	RULE JURISDICTION THAT IS NOT A REQUESTING HOME RULE JURISDICTION
46		-	.
	98	+	ELF-COLLECTING HOME RULE JURISDICTION " MEANS A HOME8
	99	+	RULE JURISDICTION THAT IS NOT A REQUESTING HOME RULE JURISDICTION .9
47	100		(d) "T
48		-	AXPAYER" HAS THE SAME MEANING AS SET FORTH IN SECTION
49		-	39-21-101 (4). "TAXPAYER" INCLUDES A "RETAILER" OR "VENDOR" AS
50		-	DEFINED IN SECTION
51		-	39-26-102 (8).
52		-	(e) (I) "T
53		-	HIRD-PARTY AUDITOR" MEANS A PRIVATE INDIVIDUAL OR
54		-	ENTITY THAT IS NOT AN OFFICIAL
55		-	, EMPLOYEE, HEARING OFFICER, OR
56		-	ATTORNEY
57		-	, OR OTHERWISE A PUBLIC AGENT OF A LOCAL TAXING
58		-	JURISDICTION
59		-	, THAT CONDUCTS A SALES OR USE TAX INVESTIGATION OF A
60		-	TAXPAYER ON BEHALF OF A LOCAL TAXING JURISDICTION
61		-	.
	101	+	AXPAYER" HAS THE SAME MEANING AS SET FORTH IN10
	102	+	SECTION 39-21-101 (4). "TAXPAYER" INCLUDES A "RETAILER" OR11
	103	+	"
	104	+	VENDOR" AS DEFINED IN SECTION 39-26-102 (8).12
	105	+	(e) (I)
	106	+	"THIRD-PARTY AUDITOR" MEANS A PRIVATE INDIVIDUAL OR13
	107	+	ENTITY THAT IS NOT AN OFFICIAL , EMPLOYEE, HEARING OFFICER, OR14
	108	+	ATTORNEY, OR OTHERWISE A PUBLIC AGENT OF A LOCAL TAXING15
	109	+	JURISDICTION, THAT CONDUCTS A SALES OR USE TAX INVESTIGATION OF A16
	110	+	TAXPAYER ON BEHALF OF A LOCAL TAXING JURISDICTION .17
62	111		(II) F
63		-	OR PURPOSES OF THIS SUBSECTION (1)(e), "PUBLIC AGENT OF A
64		-	~~LOCAL TAXING JURISDICTION~~
65		-	" INCLUDES:
	112	+	OR PURPOSES OF THIS SUBSECTION (1)(e), "PUBLIC AGENT OF
	113	+	18
	114	+	A LOCAL TAXING JURISDICTION" INCLUDES:19
66	115		(A) A
67	116		N OFFICIAL, EMPLOYEE, OR AGENT OF THE DEPARTMENT OF
68		-	REVENUE WHO CONDUCTS A SALES OR USE TAX INVESTIGATION OF A
69		-	TAXPAYER ON BEHALF OF A LOCAL TAXING JURISDICTION IN ACCORDANCE
70		-	WITH THIS PART
71		-	2 AND ARTICLE 21 OF TITLE 39; AND
72		-	(B) AN OFFICIAL, EMPLOYEE, OR AGENT OF THE MULTISTATE TAX
73		-	COMMISSION
74		-	, ESTABLISHED IN SECTION 24-60-1301, WHO CONDUCTS A SALES
75		-	OR USE TAX INVESTIGATION OF A TAXPAYER ON BEHALF OF A LOCAL TAXING
76		-	JURISDICTION PURSUANT TO SECTION
77		-	24-60-1306, AND IN ACCORDANCE
78		-	WITH THE MULTISTATE TAX COMPACT
79		-	, SET FORTH IN PART 13 OF ARTICLE 60
80		-	OF TITLE 24.
81		-	PAGE 2-SENATE BILL 25-046 (2) (a) EXCEPT IN ACCORDANCE WITH A JUDICIAL ORDER OR AS
82		-	OTHERWISE PROVIDED IN SUBSECTIONS
83		-	(2)(b)(I) TO (2)(b)(IV) OR (3) OF THIS
84		-	SECTION
85		-	, A THIRD-PARTY AUDITOR SHALL NOT DIVULGE OR MAKE KNOWN IN
86		-	ANY WAY ANY INFORMATION OBTAINED FROM A SALES OR USE TAX
87		-	INVESTIGATION CONDUCTED BY THE THIRD
88		-	-PARTY AUDITOR ON BEHALF OF
89		-	A LOCAL TAXING JURISDICTION
90		-	, OR DISCLOSED IN ANY DOCUMENT, REPORT,
91		-	OR RETURN FILED IN CONNECTION WITH ANY OF THE TAXES OR FEES WITHIN
92		-	THE SCOPE OF THIS PART
93		-	2. A THIRD-PARTY AUDITOR CHARGED WITH THE
94		-	CUSTODY OF SUCH INVESTIGATORY INFORMATION
95		-	, DOCUMENTS, REPORTS,
96		-	AND RETURNS SHALL NOT BE REQUIRED TO PRODUCE ANY SUCH
97		-	INFORMATION OR DOCUMENTATION IN ANY ACTION OR PROCEEDING IN ANY
98		-	COURT EXCEPT IN AN ACTION OR PROCEEDING UNDER THE PROVISIONS OF
99		-	THIS PART
100		-	2 OR PART 3 OF THIS ARTICLE 2 TO WHICH THE LOCAL TAXING
101		-	JURISDICTION AUTHORIZING THE SALES OR USE TAX INVESTIGATION IS A
102		-	PARTY
103		-	, IN WHICH EVENT THE COURT MAY REQUIRE THE PRODUCTION OF , AND
104		-	MAY ADMIT IN EVIDENCE
105		-	, SO MUCH OF THE INFORMATION AND
106		-	DOCUMENTATION AS IS PERTINENT TO THE ACTION OR PROCEEDING
107		-	.
	117	+	20
	118	+	REVENUE WHO CONDUCTS A SALES OR USE TAX INVESTIGATION OF A21
	119	+	TAXPAYER ON BEHALF OF A LOCAL TAXING JURISDICTION IN ACCORDANCE22
	120	+	WITH THIS PART 2 AND ARTICLE 21 OF TITLE 39; AND23
	121	+	(B) A
	122	+	N OFFICIAL, EMPLOYEE, OR AGENT OF THE MULTISTATE TAX
	123	+	24
	124	+	COMMISSION, ESTABLISHED IN SECTION 24-60-1301, WHO CONDUCTS A25
	125	+	SALES OR USE TAX INVESTIGATION OF A TAXPAYER ON BEHALF OF A LOCAL26
	126	+	TAXING JURISDICTION PURSUANT TO SECTION 24-60-1306, AND IN27
	127	+	046
	128	+	-3- ACCORDANCE WITH THE MULTISTATE TAX COMPACT , SET FORTH IN PART1
	129	+	13
	130	+	OF ARTICLE 60 OF TITLE 24.
	131	+	2
	132	+	(2) (a) E
	133	+	XCEPT IN ACCORDANCE WITH A JUDICIAL ORDER OR AS3
	134	+	OTHERWISE PROVIDED IN SUBSECTIONS (2)(b)(I) TO (2)(b)(IV) OR (3) OF4
	135	+	THIS SECTION, A THIRD-PARTY AUDITOR SHALL NOT DIVULGE OR MAKE5
	136	+	KNOWN IN ANY WAY ANY INFORMATION OBTAINED FROM A SALES OR USE6
	137	+	TAX INVESTIGATION CONDUCTED BY THE THIRD -PARTY AUDITOR ON7
	138	+	BEHALF OF A LOCAL TAXING JURISDICTION , OR DISCLOSED IN ANY8
	139	+	DOCUMENT, REPORT, OR RETURN FILED IN CONNECTION WITH ANY OF THE9
	140	+	TAXES OR FEES WITHIN THE SCOPE OF THIS PART 2. A THIRD-PARTY10
	141	+	AUDITOR CHARGED WITH THE CUSTODY OF SUCH INVESTIGATORY11
	142	+	INFORMATION, DOCUMENTS, REPORTS, AND RETURNS SHALL NOT BE12
	143	+	REQUIRED TO PRODUCE ANY SUCH INFORMATION OR DOCUMENTATION IN13
	144	+	ANY ACTION OR PROCEEDING IN ANY COURT EXCEPT IN AN ACTION OR14
	145	+	PROCEEDING UNDER THE PROVISIONS OF THIS PART 2 OR PART 3 OF THIS15
	146	+	ARTICLE 2 TO WHICH THE LOCAL TAXING JURISDICTION AUTHORIZING THE16
	147	+	SALES OR USE TAX INVESTIGATION IS A PARTY , IN WHICH EVENT THE17
	148	+	COURT MAY REQUIRE THE PRODUCTION OF , AND MAY ADMIT IN EVIDENCE,18
	149	+	SO MUCH OF THE INFORMATION AND DOCUMENTATION AS IS PERTINENT TO19
	150	+	THE ACTION OR PROCEEDING.20
108	151		(b) N
109		-	OTWITHSTANDING SUBSECTION (2)(a) OF THIS SECTION, A
110		-	THIRD
111		-	-PARTY AUDITOR MAY:
	152	+	OTWITHSTANDING SUBSECTION (2)(a) OF THIS SECTION, A21
	153	+	THIRD-PARTY AUDITOR MAY:22
112	154		(I) D
113		-	ISCLOSE THE CONTENTS OF ANY REPORT PREPARED BY THE
114		-	THIRD
115		-	-PARTY AUDITOR, AND ANY INFORMATION, DOCUMENTS, REPORTS, AND
116		-	RETURNS RELIED UPON IN PREPARING THE REPORT
117		-	, TO AN OFFICIAL,
118		-	EMPLOYEE, HEARING OFFICER, ATTORNEY, OR OTHER PUBLIC AGENT OF THE
119		-	LOCAL TAXING JURISDICTION AUTHORIZED TO RECEIVE SUCH INFORMATION
120		-	IN CONNECTION WITH THE LOCAL TAXING JURISDICTION
121		-	'S SALES OR USE TAX
122		-	INVESTIGATION PERFORMED BY THE THIRD
123		-	-PARTY AUDITOR;
	155	+	ISCLOSE THE CONTENTS OF ANY REPORT PREPARED BY THE23
	156	+	THIRD-PARTY AUDITOR, AND ANY INFORMATION, DOCUMENTS, REPORTS,24
	157	+	AND RETURNS RELIED UPON IN PREPARING THE REPORT , TO AN OFFICIAL,25
	158	+	EMPLOYEE, HEARING OFFICER, ATTORNEY, OR OTHER PUBLIC AGENT OF26
	159	+	THE LOCAL TAXING JURISDICTION AUTHORIZED TO RECEIVE SUCH27
	160	+	046
	161	+	-4- INFORMATION IN CONNECTION WITH THE LOCAL TAXING JURISDICTION 'S1
	162	+	SALES OR USE TAX INVESTIGATION PERFORMED BY THE THIRD -PARTY2
	163	+	AUDITOR;3
124	164		(II) D
125		-	ELIVER TO A TAXPAYER OR THE TAXPAYER'S ~~DULY AUTHORIZED~~
126		-	REPRESENTATIVE A COPY OF ANY RETURN OR REPORT ~~FILED IN CONNECTION~~
127		-	WITH THE TAXPAYER
128		-	~~'S TAXES OR FEES WITHIN THE SCOPE~~ OF THIS PART 2;
	165	+	ELIVER TO A TAXPAYER OR THE TAXPAYER 'S DULY4
	166	+	AUTHORIZED REPRESENTATIVE A COPY OF ANY RETURN OR REPORT FILED5
	167	+	IN CONNECTION WITH THE TAXPAYER 'S TAXES OR FEES WITHIN THE SCOPE6
	168	+	OF THIS PART 2;7
129	169		(III) P
130		-	ROVIDE INFORMATION TO THE DEPARTMENT FOR THE
131		-	PUBLICATION BY THE DEPARTMENT OF STATISTICS IN ACCORDANCE WITH
132		-	SECTION
133		-	39-21-113 (5); AND
134		-	(IV) PROVIDE INFORMATION TO THE DEPARTMENT AND THE FEDERAL
135		-	INTERNAL REVENUE SERVICE AS NECESSARY AND PERTINENT TO A
136		-	TAXPAYER
137		-	'S COMPLIANCE OR FAILURE TO COMPLY WITH STATE OR FEDERAL
138		-	PAGE 3-SENATE BILL 25-046 TAX LAW.
	170	+	ROVIDE INFORMATION TO THE DEPARTMENT FOR THE8
	171	+	PUBLICATION BY THE DEPARTMENT OF STATISTICS IN ACCORDANCE WITH9
	172	+	SECTION 39-21-113 (5); AND10
	173	+	(IV) P
	174	+	ROVIDE INFORMATION TO THE DEPARTMENT AND THE11
	175	+	FEDERAL INTERNAL REVENUE SERVICE AS NECESSARY AND PERTINENT TO12
	176	+	A TAXPAYER'S COMPLIANCE OR FAILURE TO COMPLY WITH STATE OR13
	177	+	FEDERAL TAX LAW.14
139	178		(3) A
140		-	TAXPAYER WHO FILED A DOCUMENT , REPORT, OR RETURN WITH
141		-	THE STATE OR A LOCAL TAXING JURISDICTION MAY WAIVE THE
142		-	CONFIDENTIALITY PROTECTIONS SET FORTH IN SUBSECTION
143		-	(2)(a) OF THIS
144		-	SECTION AS TO SUCH DOCUMENT
145		-	, REPORT, OR RETURN. SUCH WAIVER MUST
146		-	BE VOLUNTARY
147		-	, IN WRITING, AND SIGNED BY THE TAXPAYER OR THE
148		-	TAXPAYER
149		-	'S DULY AUTHORIZED REPRESENTATIVE .
	179	+	TAXPAYER WHO FILED A DOCUMENT , REPORT, OR RETURN15
	180	+	WITH THE STATE OR A LOCAL TAXING JURISDICTION MAY WAIVE THE16
	181	+	CONFIDENTIALITY PROTECTIONS SET FORTH IN SUBSECTION (2)(a) OF THIS17
	182	+	SECTION AS TO SUCH DOCUMENT , REPORT, OR RETURN. SUCH WAIVER18
	183	+	MUST BE VOLUNTARY, IN WRITING, AND SIGNED BY THE TAXPAYER OR THE19
	184	+	TAXPAYER'S DULY AUTHORIZED REPRESENTATIVE .20
150	185		(4) A
151		-	NY THIRD-PARTY AUDITOR, INCLUDING ANY OFFICIAL ,
152		-	EMPLOYEE, ATTORNEY, OR OTHER AGENT OF A THIRD-PARTY AUDITOR, WHO
153		-	WILLFULLY VIOLATES ANY OF THE PROVISIONS OF THIS SECTION IS GUILTY OF
154		-	A MISDEMEANOR AND
155		-	, UPON CONVICTION THEREOF, SHALL BE PUNISHED BY
156		-	A FINE OF NOT MORE THAN ONE THOUSAND DOLLARS PER VIOLATION
157		-	.
158		-	SECTION 2. In Colorado Revised Statutes, 39-21-113, amend as
159		-	it will become effective July 1, 2025, (35) as follows:
160		-	39-21-113. Reports and returns - rule - repeal.
161		-	(35) Notwithstanding the confidentiality requirements in this section, the
162		-	executive director has the authority to share taxpayer information as
163		-	necessary pursuant to section 29-2-208
164		-	SECTIONS 29-2-208 AND 29-2-213
165		-	TO 29-2-215.
166		-	SECTION 3. Effective date. This act takes effect July 1, 2025.
167		-	SECTION 4. Safety clause. The general assembly finds,
168		-	determines, and declares that this act is necessary for the immediate
169		-	preservation of the public peace, health, or safety or for appropriations for
170		-	PAGE 4-SENATE BILL 25-046 the support and maintenance of the departments of the state and state
171		-	institutions.
172		-	____________________________ ____________________________
173		-	James Rashad Coleman, Sr. Julie McCluskie
174		-	PRESIDENT OF SPEAKER OF THE HOUSE
175		-	THE SENATE OF REPRESENTATIVES
176		-	____________________________ ____________________________
177		-	Esther van Mourik Vanessa Reilly
178		-	SECRETARY OF CHIEF CLERK OF THE HOUSE
179		-	THE SENATE OF REPRESENTATIVES
180		-	APPROVED________________________________________
181		-	(Date and Time)
182		-	_________________________________________
183		-	Jared S. Polis
184		-	GOVERNOR OF THE STATE OF COLORADO
185		-	PAGE 5-SENATE BILL 25-046
	186	+	NY THIRD-PARTY AUDITOR, INCLUDING ANY OFFICIAL ,21
	187	+	EMPLOYEE, ATTORNEY, OR OTHER AGENT OF A THIRD-PARTY AUDITOR,22
	188	+	WHO WILLFULLY VIOLATES ANY OF THE PROVISIONS OF THIS SECTION IS23
	189	+	GUILTY OF A MISDEMEANOR AND , UPON CONVICTION THEREOF, SHALL BE24
	190	+	PUNISHED BY A FINE OF NOT MORE THAN ONE THOUSAND DOLLARS PER25
	191	+	VIOLATION.26
	192	+	SECTION 2. In Colorado Revised Statutes, 39-21-113, amend27
	193	+	046
	194	+	-5- as it will become effective July 1, 2025, (35) as follows:1
	195	+	39-21-113. Reports and returns - rule - repeal.2
	196	+	(35) Notwithstanding the confidentiality requirements in this section, the3
	197	+	executive director has the authority to share taxpayer information as4
	198	+	necessary pursuant to section 29-2-208 SECTIONS 29-2-208 AND 29-2-2135
	199	+	TO 29-2-215.6
	200	+	SECTION 3. Effective date. This act takes effect July 1, 2025.7
	201	+	SECTION 4. Safety clause. The general assembly finds,8
	202	+	determines, and declares that this act is necessary for the immediate9
	203	+	preservation of the public peace, health, or safety or for appropriations for10
	204	+	the support and maintenance of the departments of the state and state11
	205	+	institutions.12
	206	+	046
	207	+	-6-