Special Olympics License Plate And Tax Check-off

The Special Olympics Colorado fund voluntary contribution is currently scheduled to appear on the state income tax return form for income tax years beginning on or after January 1, 2015, but prior to January 1, 2020. The bill extends the period during which the fund will appear on the form. The fund continues to appear on the form unless the fund fails to receive the minimum contribution required by statute in a certain tax year.

The bill also creates a Special Olympics Colorado license plate. To be issued the plate, an applicant must pay a one-time $25 fee and make a donation to a nonprofit organization that:

• Is headquartered in Colorado;
• Has been in existence for at least 40 years;
• Provides year-round sports training and athletic competitions for children and adults with intellectual disabilities;
• Collaborates with schools throughout Colorado to bring students together, with and without disabilities, through shared activities that include sports, leadership opportunities, and health education and fitness; and
• Ensures that the donation is spent in Colorado to support athletes with intellectual disabilities.
  (Note: This summary applies to this bill as introduced.)