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Non-Reimbursable Application - CWCB Construction Fund <br />Form Revised August 2004 <br />(2)(a) The collecrion, adininistrarion, and enforcement of the sales and use tax shall be <br />performed by the executive director of the department of revenue in the same manner as that for the <br />collection, administration, and enforcement of the state sales and use tax unposed pursuant to article <br />26 of title 39, C.R.S., including, without limitarion, the retenrion by a vendor of the percentage of the <br />amount remitted to cover the vendor's expense in the collection and remittance of the sales tax as <br />provided in secrion 39-26-105, C.R.S. The execurive director shall make monthly distriburions of <br />sales tax collections to the district. The district shall pay the net incremental cost incurred by the <br />department in the adinuiistrarion and collection of the sales and use tax. <br />(b)(� A qualified purchaser may provide a direct payment permit number issued pursuant to <br />section 39-26-103.5, C.R.S., to any vendor or retailer that is liable and responsible for collecting and <br />remitting any sales tax levied on any sale made to the qualified purchaser pursuant to the provisions <br />of this section. A vendor or retailer that has received a direct payment permit number in good faith <br />from a qualified purchaser shall not be liable or responsible for collection and remittance of any sales <br />tax imposed on the sale that is paid for direcdy from the qualified purchaser's funds and not the <br />personal funds of any individual. <br />(I� A qualified purchaser that provides a direct payment permit number to a vendor or <br />retailer shall be liable and responsible for the amount of sales tax levied on any sale made to the <br />qualified purchaser pursuant to the provisions of this section in the same manner as liability would be <br />imposed on a qualified purchaser for state sales tax pursuant to section 39-26-105(3), C.R.S. <br />(3) The district shall use the revenues generated from the sales and use tax imposed <br />pursuant to this article to assure compliance with the Republican River Compact. <br />