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CO HB1049

Bill

Official Source

Status

Failed

6/13/2020

Primary Sponsor

Shannon Bird

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Reauthorizes the Habitat for Humanity of Colorado fund income tax check-off for an additional 5 years, extending it through income tax years 2019-2024
  • Extends the repeal date of the relevant statutes from January 1, 2025 to January 1, 2026
  • Allows Colorado taxpayers to continue designating voluntary contributions to the Habitat for Humanity of Colorado fund on their state individual income tax returns
  • Removes the sunset clause requirement for the Habitat for Humanity of Colorado fund, classifying it as a permanent voluntary contribution program alongside other exempt programs
  • Takes effect August 5, 2020, subject to voter approval if a referendum petition is filed within 90 days of final adjournment

Legislative Description

Reauthorize Habitat For Humanity Tax Check-off

Last Action

Senate Committee on Appropriations Postpone Indefinitely

6/13/2020

Committee Referrals

Finance2/27/2020
Appropriations1/30/2020
Finance1/8/2020

Full Bill Text

No bill text available