Colorado Statutes

§ 39-22-5105 — Initial funding

Colorado·Title 39 Taxation·Art. Income Tax
The department of revenue may seek, accept, and expend gifts, grants, or donations from private or public sources for the purposes of implementing the donate to a Colorado nonprofit fund, including but not limited to creating information systems and procedures necessary to collect and distribute designated contributions. The department shall transmit all money received through gifts, grants, or donations to the state treasurer, who shall credit the money to the donate to a Colorado nonprofit fund created in section 39-22-5104 (1).

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Legislative History

Source: L. 2018: Entire part added, (SB 18-141), ch. 290, p. 1791, � 1, effective August 8. L. 2021: Entire section amended, (SB 21-266), ch. 423, p. 2806, � 39, effective July 2.

Nearby Sections

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