July 13, 2000
As counsel for Liberty-Stein Roe Funds Income Trust (the "Trust"), we
consent to the incorporation by reference of our opinions relating to the
respective series of the Trust filed as the following exhibits to the following
post-effective amendments ("PEAs") to the Trust's registration statement on Form
N-1A, Securities Act File No. 33-02633:
<TABLE>
Exhibit
Date of Date of to PEA
Series Opinion Filing No. No.
------ ------- ------ --- ---
<S> <C> <C> <C> <C>
SteinRoe Cash Reserves (now named
Stein Roe Cash Reserves Fund) 12/10/87 08/16/96 10(b) 29
SteinRoe Income Fund (now named
Stein Roe Income Fund) 12/20/87 08/16/96 10(b) 29
Stein Roe Intermediate Bond Fund
(now named Stein Roe Intermediate
Bond Fund) 12/20/87 08/16/96 10(b) 29
Stein Roe High Yield Fund 10/25/96 10/28/96 10(c) 30
</TABLE>
In giving this consent we do not admit that we are in the category of
persons whose consent is required under Section 7 of the Securities Act of 1933.
/s/ Bell Boyd & Lloyd LLC