CO HB1374

Requires the Colorado Department of Revenue to add a line to state individual income tax return forms allowing taxpayers to voluntarily direct all or part of their TABOR refund to state services when revenues exceed the fiscal year spending limit.

The tax form line must list eligible state services including preschool through twelfth grade education, higher education, human services, health care, infrastructure, judiciary, and corrections.

Clarifies that a taxpayer's voluntary use of a TABOR refund for state services is classified as a "gift" under TABOR regulations and does not count against the state spending limit.

Applies to state fiscal years commencing on or after July 1, 2014, but only when voters have not authorized the state to retain and spend all excess revenues.

Appropriates $18,160 to the Department of Revenue for fiscal year 2015-16, including $16,960 for CITA system maintenance and $1,200 for document management services.