HB16-1297 - Reestablish Check-offs Excluded From 2015 Tax Form

Passed/Signed into Law
Concerning The Immediate Reestablishment Of The Voluntary Contributions Excluded From The 2015 Colorado Income Tax Return Form For Not Receiving The Requisite Minimum Dollar Amount Of Contributions By The Statutory Deadline, And, In Connection Therewith, Expanding The Number Of Voluntary Contributions That May Appear On The Income Tax Return Form And Lowering The Minimum Amount Of Donations That Must Be Received By Every Fund Appearing On The Form.

Generally, each fund in the voluntary contribution program (commonly referred to as the "check-off" program) must receive a minimum amount of $75,000 in contributions over a 9-month period in order to retain its place on the income tax return form (form). In 2015, the following 6 funds failed to meet that requisite minimum and were therefore excluded from the form:

  • The Colorado healthy rivers fund voluntary contribution;
  • The Alzheimer's Association fund voluntary contribution;
  • The Colorado multiple sclerosis fund voluntary contribution;
  • The Colorado cancer fund voluntary contribution;
  • The Make-A-Wish Foundation of Colorado fund voluntary contribution; and
  • The unwanted horse fund voluntary contribution.

In order to immediately reestablish the above funds, the bill expands from 15 to 20 the statutory maximum number of funds that may appear on the form at any one time. Each reestablished fund sunsets in 5 years, subject to the minimum dollar amount of contributions that all check-offs are required to receive.

The bill lowers, to $50,000, the minimum dollar amount that every fund must receive.

House Committees

Senate Committees

Latest update: April 14, 2016
04/14/2016 Governor Signed
04/11/2016 Signed by the President of the Senate
04/11/2016 Sent to the Governor
04/07/2016 Signed by the Speaker of the House
03/29/2016 Senate Third Reading Passed - No Amendments
03/28/2016 Senate Second Reading Special Order - Passed - No Amendments
03/22/2016 Senate Committee on Finance Refer Unamended to Senate Committee of the Whole
03/17/2016 Introduced In Senate - Assigned to Finance
03/16/2016 House Third Reading Passed - No Amendments
03/15/2016 House Second Reading Passed with Amendments - Committee
03/09/2016 House Committee on Finance Refer Amended to House Committee of the Whole
02/26/2016 Introduced In House - Assigned to Finance