STATE OF COLORADO
DEPARTMENT OF REVENUE
State Capitol Annex
1375 Sherman Street, Room 409
Denver, Colorado 80261
(303) 866-3091
FAX (303) 866-2400

Bill Owens
Governor

M. Michael Cooke
Executive Director

COLORADO DEPARTMENT OF REVENUE
STATEMENT OF BASIS AND PURPOSE
Re: Emergency Regulation 39-22-608.2(c) (1 CCR 201-2) – 2006 Filing Deadline Extension

Basis:

The statutory basis for this regulation is §39-22-608(2), C.R.S. and §39-21-112(1), C.R.S.

Purpose:

The Internal Revenue Service recently announced that the due date for federal income tax returns and associated payments is April 17, 2007, because April 15 is a Sunday and April 16 is a holiday (Emancipation Day) observed by the District of Columbia.  The purpose of this Emergency Regulation 39-22-608.2(c) (1 CCR 201-2), "2006 Filing Deadline Extension,” is to extend the statutory deadline for the 2006 Colorado income tax return, the associated income tax payment, and the 2006 extension payment to coincide with the federal due date of April 17, 2007.

Dated this 26th day of January, 2007.