Legislative declaration.

Checkout our iOS App for a better way to browser and research.

(1) The general assembly hereby finds, determines, and declares that:

  1. Young Americans Center for Financial Education is a Colorado nonprofit organization established to develop the financial literacy of young people through real-life experiences and hands-on programs purposefully designed to enable them to prosper in the free enterprise system;

  2. The center provides experiential programs about personal finance, economics, andbusiness to students across Colorado through programs such as Young AmeriTowne, International Towne, YouthBiz, and summer camps;

  3. Established in 1990, Young AmeriTowne has reached nearly four hundred forty thousand youth;

  4. In 2017, Young AmeriTowne On the Road took the program to Pueblo, Grand Junction, Fort Collins, Durango, and the Denver metro area, and served more than five thousand students;

  5. International Towne has educated nearly one hundred thirty thousand students sinceits inception, including almost eleven thousand in 2017;

  6. One-third of participants in Young AmeriTowne and International Towne are lowincome students;

  7. One out of five participants attend on scholarship; and

  8. The center's programs help build life skills, work skills, and financial self-sufficiencyin Colorado youth.

(2) In light of the mission and programs of the center, the general assembly recognizes that many citizens of Colorado may be willing to provide money to assist in its efforts. It is therefore the intent of the general assembly to provide Coloradans the opportunity to support the efforts of Young Americans Center for Financial Education by allowing citizens to make a voluntary contribution on their state income tax return form to the Young Americans Center for Financial Education fund for that purpose.

Source: L. 2018: Entire part added, (HB 18-1305), ch. 210, p. 1343, § 1, effective August 8.


Download our app to see the most-to-date content.