Colorado § 39-30-106 Sales and use tax - machinery and equipment exempted

Colorado Statutes

§ 39-30-106 — Sales and use tax - machinery and equipment exempted

Colorado·Title 39 Taxation·Art. Urban and Rural Enterprise Zone Act

(1)(a) On or after July 1, 1995, purchases of machinery or machine tools, or parts thereof, and materials for the construction or repair of machinery or machine tools, in excess of five hundred dollars to be used solely and exclusively in an enterprise zone in manufacturing tangible personal property, for sale or profit, whether or not such purchases are capitalized or expensed, are exempt from taxation under article 26 of this title.

(b)The provisions of section 39-26-709 (1) shall govern the administration of this subsection (1), except to the extent that such section and this subsection (1) are inconsistent. For purposes of this section, in addition to the definition of manufacturing found in section 39-26-709 (1)(c)(III), manufacturing shall include refining, blasting, ex

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(1) (a)
On or after July 1, 1995, purchases of machinery or machine tools, or parts thereof,
and materials for the construction or repair of machinery or machine tools, in
excess of five hundred dollars to be used solely and exclusively in an enterprise
zone in manufacturing tangible personal property, for sale or profit, whether or not
such purchases are capitalized or expensed, are exempt from taxation under article
26 of this title.

(b) The provisions of section 39-26-709 (1) shall govern the administration of
this subsection (1), except to the extent that such section and this subsection (1) are
inconsistent. For purposes of this section, in addition to the definition of
manufacturing found in section 39-26-709 (1)(c)(III), manufacturing shall include
refining, blasting, exploring, mining and mined land reclamation, quarrying for,
processing and beneficiation, or otherwise extracting from the earth or from waste
or stockpiles or from pits or banks any natural resource.

(2) Repealed.

Colorado § 39-30-106 (Sales and use tax - machinery and equipment exempted) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 86: Entire article added, p. 1141, � 1, effective July 1. L. 87: Entire section amended, p. 1451, � 26, effective June 22. L. 88: Entire section amended, p. 1317, � 15, effective May 29. L. 89: Entire section amended, p. 1523, � 8, effective June 7. L. 91: Entire section amended, p. 2428, � 2, effective June 8; entire section amended, p. 1975, � 1, effective July 1, 1992. L. 95: (1)(a) amended, p. 137, � 2, effective April 7. L. 2004: (1)(b) amended, p. 1047, � 21, effective July 1. L. 2007: (1)(b) amended, p. 1177, � 6, effective May 23.