CO HB1222

Creates a voluntary contribution line on Colorado state income tax return forms allowing taxpayers to designate contributions to the Family Caregiver Support Fund for a five-year period.

Establishes the Family Caregiver Support Fund in the state treasury to receive annual contributions designated by taxpayers, with all interest and investment income credited to the fund.

Requires the Department of Revenue to determine and report annual contribution amounts to the State Treasurer and General Assembly, with administrative costs appropriated from the fund.

Directs the State Treasurer to transfer all remaining fund balance at the end of each fiscal year to Easter Seals Colorado, a nonprofit organization under Internal Revenue Code Section 501(c)(3), to support family caregivers and individuals with chronic health care needs or disabilities.

Automatically repeals this part effective January 1 of the sixth income tax year following implementation, unless the General Assembly continues or reestablishes the fund by bill before that date.