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C.R.S. § 39-22-4803

Contributions credited to the Urban Peak Housing and Support Services for Youth Experiencing Homelessness fund

Known as the Colorado Income Tax Act

The act spans §§ 39–39 (248 sections).

(1) The department of revenue shall determine annually the total amount designated pursuant to section 39-22-4802 and shall report that amount to the state treasurer and to the general assembly. The state treasurer shall credit that amount to the Urban Peak Housing and Support Services for Youth Experiencing Homelessness fund, which fund is hereby created in the state treasury. All interest derived from the deposit and investment of moneys in the fund shall be credited to the fund. (2) The general assembly shall appropriate annually from the Urban Peak Housing and Support Services for Youth Experiencing Homelessness fund to the department of revenue its costs of administering moneys designated as contributions to the fund. After subtracting the appropriation to the department, the state treasurer shall transfer all moneys remaining in the fund at the end of the fiscal year to Urban Peak, a Colorado nonprofit organization.

Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.