NOTE:  This bill has been prepared for the signature of the appropriate legislative
officers and the Governor.  To determine whether the Governor has signed the bill
or taken other action on it, please consult the legislative status sheet, the legislative
      history, or the Session Laws.
      
      
      SENATE BILL 11-272
      
      
      BY SENATOR(S) Hodge and Aguilar, Bacon, Foster, Giron, Guzman,
      Johnston, White, Williams S., Morse, Nicholson;
      also REPRESENTATIVE(S) Summers and Fields, Casso, Duran, Fischer,
      Gardner D., Gerou, Hamner, Jones, Kefalas, Labuda, Lee, McCann, Pabon,
      Peniston, Priola, Riesberg, Ryden, Schafer S., Solano, Soper, Swerdfeger,
      Todd, Williams A., Court, Kerr A., Massey, Miklosi, Wilson.
      
      
      Concerning the voluntary contribution designation benefiting
           the adult stem cells cure fund that appears on the state
           individual income tax return forms, and, in connection
           therewith, extending the period for the contribution
           designation.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  39-22-3501, Colorado Revised Statutes, is amended
      to read:
      
           39-22-3501.  Voluntary contribution designation - procedure. 
      (1)  For income tax years commencing on or after January 1, 2008 January
      1, 2011, but before January 1, 2011 January 1, 2016, the Colorado state
      individual income tax return form shall contain a line whereby each
      individual taxpayer may designate the amount of the contribution, if any,
      the individual wishes to make to the adult stem cells cure fund created in
      section 25-40-103, C.R.S.
      
           (2)  This part 35 shall take effect on September 1 of the year that the
      executive director of the department of revenue files a written certification
      with the revisor of statutes that there are no more than fourteen other lines
      on the Colorado state individual income tax forms for voluntary
      contributions for the state income tax year commencing in January of such
      year.
      
           SECTION 2.  39-22-3503, Colorado Revised Statutes, is amended
      to read:
      
           39-22-3503.  Repeal of part.  This part 35 is repealed, effective
      January 1, 2012 January 1, 2017, unless the voluntary contribution to the
      adult stem cells cure fund as specified in section 39-22-3501 is continued
      or reestablished by the general assembly, acting by bill, prior to said date.
      
           SECTION 3.  Act subject to petition - effective date.  This act
      shall take effect at 12:01 a.m. on the day following the expiration of the
      ninety-day period after final adjournment of the general assembly (August
      10, 2011, if adjournment sine die is on May 11, 2011); except that, if a
      referendum petition is filed pursuant to section 1 (3) of article V of the state
      constitution against this act or an item, section, or part of this act within
      such period, then the act, item, section, or part shall not take effect unless
      approved by the people at the general election to be held in November 2012
      and shall take effect on the date of the official declaration of the vote
      thereon by the governor.
      
      
      
      
      ____________________________  ____________________________
      Brandon C. Shaffer                      Frank McNulty
      PRESIDENT OF                     SPEAKER OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
      
      
      ____________________________  ____________________________
      Cindi L. Markwell                      Marilyn Eddins
      SECRETARY OF                 CHIEF CLERK OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO