2016 Colorado Revised Statutes
Title 39 - Taxation
Specific Taxes
Article 22 - Income Tax
Part 41 - Families in Action for Mental Health Voluntary Contribution
§ 39-22-4103. Contributions credited to the Families in Action for Mental Health fund - creation - appropriation

CO Rev Stat ยง 39-22-4103 (2016) What's This?

(1) The department of revenue shall determine annually the total amount designated pursuant to section 39-22-4102 and shall report that amount to the state treasurer and to the general assembly. The state treasurer shall credit that amount to the Families in Action for Mental Health 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 Families in Action for Mental Health fund to the department of revenue its costs of administering moneys designated as contributions to the fund. All moneys remaining in the fund at the end of the fiscal year, after subtracting the appropriation to the department, shall be transferred to Mental Health America of Colorado, the nonprofit organization that acts as fiscal manager for Families in Action for Mental Health.

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