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CO SB208

Bill

Status

Passed

7/7/2020

Primary Sponsor

Tammy Story

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Eliminates sunset clauses for eight voluntary charitable contribution programs on Colorado state income tax returns: Colorado Domestic Abuse Program Fund, Homeless Prevention Activities Program Fund, Special Olympics Colorado Fund, Western Slope Military Veterans' Cemetery, Pet Overpopulation Fund, American Red Cross Colorado Disaster Response/Readiness/Preparedness Fund, Habitat for Humanity of Colorado Fund, and Donate to a Colorado Nonprofit Fund.

  • Extends indefinitely programs previously scheduled to expire in 2020-2021, removing automatic repeal dates unless the General Assembly votes to discontinue them.

  • Changes income tax year requirements for Special Olympics Colorado, American Red Cross, and Habitat for Humanity programs to commence on or after January 1, 2019, removing previous queue-based timing restrictions.

  • Modifies repeal language to tie continuation to failure to meet statutory requirements in section 39-22-1001(5)(a) rather than automatic expiration dates.

  • Takes effect 90 days after final adjournment of the General Assembly, subject to voter approval if a referendum petition is filed within that period.

Legislative Description

Extending Expiring Tax Check-offs

Last Action

Governor Signed

7/7/2020

Committee Referrals

Finance6/2/2020
Finance5/26/2020

Full Bill Text

No bill text available