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CO HB1075

Bill

Status

Failed

4/7/2016

Primary Sponsor

Dianne Primavera

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Reestablishes the voluntary contribution designation for the Alzheimer's Association fund on Colorado state individual income tax return forms, which was previously removed for failing to meet minimum contribution requirements within the statutory time period.

  • Extends the availability period for the fund to five income tax years immediately following the year the Executive Director certifies a line is available on the tax form, replacing the previous 2011-2016 timeframe.

  • Treats the reestablished fund as a "first time" creation for purposes of queue placement under Colorado Revised Statutes section 39-22-1001(8), allowing it to receive priority placement if necessary due to space limitations on the tax form.

  • Extends the repeal date of the voluntary contribution program to the sixth income tax year following the year the Executive Director certifies the fund is entitled to a line, unless the General Assembly continues or reestablishes the fund by that date.

  • Finds that Colorado has over 65,000 residents with Alzheimer's disease expected to grow to 92,000 by 2025, and that the Alzheimer's Association provides critical support services including a 24-hour help line, support groups, and family counseling.

Legislative Description

Reestablish Alzheimer's Association Tax Check-off

Last Action

House Committee on Finance Postpone Indefinitely

4/7/2016

Committee Referrals

Finance1/13/2016

Full Bill Text

No bill text available