Code of Colorado Regulations
200 - Department of Revenue
207 - Division of Gaming - Rules promulgated by Gaming Commission
1 CCR 207-1 - GAMING REGULATIONS
14 - GAMING TAX
Current through Register Vol. 47, No. 5, March 10, 2024
30-1401 Gaming and device taxes.
Annually the Commission shall conduct Rule making hearings concerning the gaming tax rate and device fee rate for the subsequent gaming year. Testimony regarding the consideration of the gaming tax shall include the following topics to be heard during the following time periods. Additional appropriate topics relating to these issues may also be considered as deemed necessary by the Commission. Furthermore, in addition to the topics outlined below, the Commission may receive testimony from any member of the public during any of the following time periods on the other topics relevant to the consideration of the gaming tax and device fee rates. The following general schedule is established to provide structure to the annual consideration by the Commission, however rigid compliance is not mandatory and this regulation shall in no way be construed to limit the time periods or subject matters which the Commission may consider in determining the various tax rates. During the month of April, the Commission shall receive testimony regarding the methodology to be utilized in the consideration of the gaming tax for the subsequent gaming year. In May, the Commission shall receive testimony regarding the following topics: the expenditure impacts and revenue benefits from limited gaming in the cities of Black Hawk, Central City, and Cripple Creek, and the counties of Gilpin and Teller; the expenditure impacts, revenue benefits, and negative impacts from limited gaming for statutorily defined entities eligible for the Local Government Limited Gaming Impact Fund; and the expenditure impacts from limited gaming on agencies of the State of Colorado. During the month of June the Commission shall receive testimony regarding the financial conditions of licensees pertinent to the consideration of the gaming tax pursuant to the criteria expressed in part 6 of the limited gaming act of 1991. (30-1401(1) temp. 5/12/93. perm. 6/30/93)(30-1401 1/30/98 amended perm 07/30/00) Effective 07/30/2008
If the Annual Adjusted Gross Proceeds are: |
The Tax is: |
Up to $2,000,000 (Including $2,000,000) |
0.25% |
Over $2,000,000 to $5,000,000 |
2% |
Over $5,000,000 to $8,000,000 |
9% |
Over $8,000,000 to $10,000,000 |
11% |
Over $10,000,000 to $13,000,000 |
16% |
Over $13,000,000 |
20% |
(30-1401(1) temp. 9/29/94. perm. 11/30/94)(30-1401(1) temp. 10/01/96, perm. 10/30/96)(30-1401(1) temp 07/01/99. perm. 07/30/99) Eff. 07/01/2012
30-1402 Gaming tax - bonds and sureties.
30-1403 Taxation of free play - adjustments to gaming tax rates based on casino free play. Effective 7/1/18
BASIS AND PURPOSE FOR RULE 15
The purpose of Rule 15 is to establish procedures for the Division to utilize in entering into necessary contracts for consulting and operational services in compliance with sections 44-30-302(1)(o) and (2) (n), C.R.S. The statutory basis for Rule 15 can be found in sections 44-30-201, C.R.S., 44-30-203, C.R.S., and 44-30-302, C.R.S.