Bill Text: NJ A1400 | 2010-2011 | Regular Session | Amended
Bill Title: Provides for voluntary contributions by taxpayers on gross income tax returns to the "American Red Cross-NJ Fund".
Spectrum: Bipartisan Bill
Status: (Engrossed - Dead) 2011-11-10 - Received in the Assembly, 2nd Reading on Concurrence [A1400 Detail]
Download: New_Jersey-2010-A1400-Amended.html
ASSEMBLY, No. 1400
STATE OF NEW JERSEY
214th LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2010 SESSION
Sponsored by:
Assemblyman MICHAEL PATRICK CARROLL
District 25 (Morris)
Assemblyman PETER J. BIONDI
District 16 (Morris and Somerset)
Assemblyman ANTHONY M. BUCCO
District 25 (Morris)
Assemblywoman LINDA STENDER
District 22 (Middlesex, Somerset and Union)
Co-Sponsored by:
Assemblymen Wisniewski, Cryan, Assemblywomen Quijano, Angelini, Assemblymen Coutinho, Schroeder, Diegnan, Scalera, Coughlin, Prieto, Assemblywoman N.Munoz and Assemblyman Schaer
SYNOPSIS
Provides for voluntary contributions by taxpayers on gross income tax returns to the "American Red Cross-NJ Fund".
CURRENT VERSION OF TEXT
As amended by the Senate on April 28, 2011.
An Act concerning voluntary contributions through gross income tax returns to the "American Red Cross-NJ Fund".
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 "American Red Cross-NJ 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 tax refund or an enclosed contribution shall be deposited in the special fund.
c. Any costs incurred by the Division of Taxation for collection or administration attributable to this section may be deducted from receipts collected pursuant to this act, as determined by the Director of the Division of Budget and Accounting in the Department of the Treasury. The State Treasurer shall deposit net contributions 1[collected pursuant to this section]1 to the "American Red Cross-NJ Fund1[.]1 " 1and shall maintain a record of contributions according to donor zip code which record shall be used to determine the proportionate allocation of contributions.1
d. The Legislature shall annually appropriate all funds deposited in the "American Red Cross-NJ Fund" to the American Red Cross of Central New Jersey for allocation to each of the New Jersey Chapters of the American Red Cross 1in direct proportion to the amount collected within each chapter's jurisdiction as determined by donor zip code pursuant to subsection c. of this section,1 to support its programs of emergency response with its aim of preventing and relieving suffering.
2. This act shall take effect immediately and section 1 shall apply to taxable years commencing on or January 1 1[following] of the year of1 enactment.
