CO SB054

Establishes a 5-year rotation schedule for tax checkoff programs on Colorado income tax returns, replacing the current indefinite placement with mandatory hiatuses of at least 5 years between appearances on the form.

Removes the requirement that programs receive a minimum dollar amount of contributions annually to remain on the tax return form, as all programs will now have dedicated time slots.

Caps individual taxpayer contributions to any voluntary contribution program at the amount of their annual refund.

Exempts the homeless prevention activities program fund and western slope military veterans' cemetery fund from the rotation schedule requirements; extends the nongame and endangered wildlife fund on the form through 2018 before beginning its mandatory 5-year hiatus.

Maintains the 20-program limit on the income tax return form and the queue system for programs awaiting available slots; repeals obsolete tax checkoff laws for four funds no longer appearing on the form.