Colo. House OKs Expanding Virus-Related Eatery Sales Tax Break

Colorado would allow restaurants and other food and beverage establishments whose revenue was affected by the coronavirus pandemic to retain sales tax for additional months under a bill passed by the state House of Representatives. 

H.B. 1265, which passed unanimously in the House Wednesday, would allow bars, restaurants and other places that serve food and alcohol and lost revenue because of the pandemic to take a deduction from state net taxable sales of up to $70,000 for June, July and August. The bill would extend sales tax relief enacted by H.B. 1004, which provided the deduction for November 2020 through February 2021.

The bill was introduced April 6 by Reps. Kyle Mullica, D-Northglenn, and Kevin Van Winkle, R-Highlands Ranch.

--Additional reporting by Daniel Tay. Editing by Vincent Sherry. 

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