Bill Text: NJ A1314 | 2014-2015 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Creates the option to make a voluntary contribution for the support of local libraries on gross income tax returns.

Spectrum: Partisan Bill (Democrat 21-1)

Status: (Passed) 2014-09-10 - Approved P.L.2014, c.47. [A1314 Detail]

Download: New_Jersey-2014-A1314-Amended.html

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[First Reprint]

ASSEMBLY, No. 1314

STATE OF NEW JERSEY

216th LEGISLATURE

 

PRE-FILED FOR INTRODUCTION IN THE 2014 SESSION

 

 

Sponsored by:

Assemblywoman  ANNETTE QUIJANO

District 20 (Union)

Assemblywoman  VALERIE VAINIERI HUTTLE

District 37 (Bergen)

Assemblywoman  MILA M. JASEY

District 27 (Essex and Morris)

Assemblyman  DANIEL R. BENSON

District 14 (Mercer and Middlesex)

Assemblyman  TROY SINGLETON

District 7 (Burlington)

Assemblyman  GILBERT "WHIP" L. WILSON

District 5 (Camden and Gloucester)

Assemblywoman  PAMELA R. LAMPITT

District 6 (Burlington and Camden)

 

Co-Sponsored by:

Assemblyman Gusciora, Assemblywomen Jimenez, Pinkin, Assemblymen Chivukula, McKeon and Coughlin

 

 

 

 

SYNOPSIS

     Creates the option to make a voluntary contribution for the support of local libraries on gross income tax returns.

 

CURRENT VERSION OF TEXT

     As reported by the Senate Community and Urban Affairs Committee on March 17, 2014, with amendments.

  

An Act allowing voluntary contributions through gross income tax returns for the support of local libraries, supplementing Title 54A of the New Jersey Statutes.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    a.  There is established in the Department of the Treasury a special fund to be known as the "Local Library Support Fund."

     b.    Each taxpayer shall have the opportunity to indicate on the taxpayer's New Jersey gross income tax return that a portion of the taxpayer's gross income tax refund or an enclosed contribution be deposited in the "Local Library Support Fund" and ¹[used in accordance with subsections b. and c. of this section] provided to the State Librarian, who shall annually distribute the moneys received from the "Local Library Support Fund" in accordance with the State Library Aid Law, N.J.S.18A:74-1 et seq.¹.

     c.    Any costs incurred by the Division of Taxation for collection or administration attributable to the "Local Library Support Fund" may be deducted from contributions collected pursuant to this section, as determined by the Director of the Division of Budget and Accounting.  The State Treasurer shall deposit net contributions collected pursuant to this section into the "Local Library Support Fund."

     d.    The Legislature shall annually appropriate all moneys deposited in the "Local Library Support Fund" established pursuant to subsection a. of this section ¹[for the support of local libraries] to the State Librarian, who shall annually distribute the moneys received from the "Local Library Support Fund" in accordance with the State Library Aid Law, N.J.S.18A:74-1 et seq.¹.

     e.    As used in this section:

     "County library" means a public library established pursuant to chapter 33 of Title 40 of the Revised Statutes.

     "Local library" means a county library or a municipal library.

     "Municipal library" means a public library established pursuant to chapter 54 of Title 40 of the Revised Statutes.

 

     2.    This act shall take effect immediately and apply to taxable years commencing on or after the January 1 following the date of enactment.