CO HB1154

Repeals the child care contribution state income tax credit provision that applied to tax years beginning January 1, 1999 and ending before January 1, 2000, eliminating an obsolete provision.

Removes "real estate" and "property" from the types of donations eligible for the child care tax credit, limiting donations to monetary contributions only.

Removes "services" and "equipment" from eligible donations for information dissemination programs, restricting such contributions to money only.

Removes the restriction that in-kind contributions shall not exceed 50 percent of the total amount of the credit claimed for a given tax year.

Takes effect 12:01 a.m. on the day following the expiration of the 90-day period after final adjournment of the general assembly, subject to potential referendum petition.