BY REPRESENTATIVES C. Berry, Clarke, Faatz, Hagedorn, Lamborn, Lawrence, Mace, Morrison, Musgrave, Tucker, and S. Williams;
also SENATORS Wells, Linkhart, Norton, Pascoe, and
Powers.
CONCERNING THE REESTABLISHMENT OF THE REQUIREMENT
THAT COLORADO STATE INDIVIDUAL INCOME TAX RETURN FORMS CONTAIN
A LINE WHEREBY INDIVIDUAL TAXPAYERS MAY MAKE VOLUNTARY CONTRIBUTIONS
TO THE UNITED STATES OLYMPIC COMMITTEE.
Be it enacted by the General Assembly of the State
of Colorado:
SECTION 1. 3922901,
Colorado Revised Statutes, is amended to read:
3922901. Voluntary contribution
designation procedure. For income
tax years commencing on or after January 1, 1988
1998, but prior to January 1, 1998
2001, each 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 taxpayer wishes to
make to the United States olympic committee program.
SECTION 2. 3922903,
Colorado Revised Statutes, is amended to read:
3922903. Repeal of part.
(1) This part 9 is repealed, effective January 1,
1999,
2002, unless the olympic committee program established by this
part 9 is continued or reestablished by the general assembly acting
by bill during the second
FIRST regular session of the sixtyfirst
SIXTYTHIRD general assembly. Prior to or during such session,
a committee of reference in each house of the general assembly
shall hold a hearing regarding the possible termination, continuation,
or reestablishment of the olympic committee program as provided
for in this part 9.
(2) The change of the date in section
3922901 from January 1, 1994, to January 1, 1998,
and the change of the repeal date in subsection (1) of this section
from January 1, 1995, to January 1, 1999, were made by the general
assembly during the second regular session of the fiftyninth
general assembly to continue and reestablish the olympic committee
program established by this part 9. The
provisions of Section 39221001
(2), which requires the elimination of any income tax checkoff
that does not have contributions that equal or exceed ten percent
of the total amount contributed to all income tax checkoffs during
the period between January 1, 1994, and September 30, 1994, shall
not apply to the olympic committee program continued and reestablished
by this subsection (2); except that the
provisions of section 39221001
(3) shall apply to the period between January 1, 1995, and September
30, 1999.
(3) THE CHANGE OF THE DATE IN SECTION
3922901 FROM JANUARY 1, 1998, TO JANUARY 1, 2001,
AND THE CHANGE OF THE REPEAL DATE IN SUBSECTION (1) OF THIS SECTION
FROM JANUARY 1, 1999, TO JANUARY 1, 2002, WERE MADE BY THE GENERAL
ASSEMBLY DURING THE SECOND REGULAR SESSION OF THE SIXTYFIRST
GENERAL ASSEMBLY TO CONTINUE AND REESTABLISH THE OLYMPIC COMMITTEE
PROGRAM ESTABLISHED BY THIS PART 9. SECTION 39221001
(2), WHICH REQUIRES THE ELIMINATION OF ANY INCOME TAX CHECKOFF
THAT DOES NOT HAVE CONTRIBUTIONS THAT EQUAL OR EXCEED TEN PERCENT
OF THE TOTAL AMOUNT CONTRIBUTED TO ALL INCOME TAX CHECKOFFS DURING
THE PERIOD BETWEEN JANUARY 1, 1998, AND SEPTEMBER 30, 1998, SHALL
NOT APPLY TO THE OLYMPIC COMMITTEE PROGRAM CONTINUED AND REESTABLISHED
BY THIS SUBSECTION (2); EXCEPT THAT SECTION 39221001
(3) SHALL APPLY TO THE PERIOD BETWEEN JANUARY 1, 1999, AND SEPTEMBER
30, 2000.
SECTION 3. 39221001
(3), Colorado Revised Statutes, is amended to read:
39221001. Limitation on
the duration of voluntary contribution programs repeal.
(3) (a) The provisions
of Paragraph (a) of subsection (2)
of this section shall not apply to the United States olympic voluntary
contribution established pursuant to part 9 of this article.
Beginning January 1, 1995
1999, and continuing through September 30, 1999
2000, if the AGGREGATE amount designated on Colorado income tax
returns as contributed under the provisions of the olympic committee
income tax checkoff program DURING THE PERIOD COMMENCING JANUARY
1, 1999, AND ENDING SEPTEMBER 30, 2000, does not equal or exceed
ten percent of the total
AGGREGATE amount contributed to all income tax checkoffs during
such
THE period COMMENCING JANUARY 1, 1999, AND ENDING SEPTEMBER 30,
2000, according to the records of the department of revenue, then
the olympic committee income tax checkoff program shall no longer
be effective as of THE TAX YEAR COMMENCING January
1 of the then current calendar year
JANUARY 1, 2000, and shall not be reflected on the Colorado income
tax returns made for such year or any subsequent year.
(b) This subsection (3) is repealed, effective
January 1, 1999
2002.
SECTION 4. Safety
clause. The general assembly hereby finds, determines,
and declares that this act is necessary for the immediate preservation
of the public peace, health, and safety.
____________________________ ____________________________
Charles E. Berry Tom Norton
SPEAKER OF THE HOUSE PRESIDENT OF
OF REPRESENTATIVES THE SENATE
____________________________ ____________________________
Judith M. Rodrigue Patricia K. Dicks
CHIEF CLERK OF THE HOUSE ASSISTANT SECRETARY OF
OF REPRESENTATIVES THE SENATE
APPROVED________________________________________
_________________________________________
Roy Romer
GOVERNOR OF THE STATE
OF COLORADO