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DMV: New safety-focused law prompts change in license plates
A new Colorado law aims to improve safety for first responders and motorists by ensuring drivers have reflective and legible license plates. On Jan. 1, the Colorado Division of Motor Vehicles (DMV) will implement the License Plate Expiration on Change of Ownership Act, which establishes the Centennial State’s first license plate replacement program in over 20 years.
MED: 2020 Regulated Marijuana Market Update has been released
Marijuana Enforcement Division (MED) has released its 2020 Regulated Marijuana Market Update, which includes sought-after data about Colorado’s legal marijuana industry operations during the COVID-19 pandemic.
TAX: Small business destination sourcing exception extended
Governor Polis signed HB22-1027 on January 31, 2022, which extends the small business exception to destination sourcing requirements. This exception applies only to businesses with less than $100,000 in retail sales. Small businesses with less than $100,000 in retail sales need to transition to destination sourcing by October 1, 2022.