Bill Text: NJ A3290 | 2014-2015 | Regular Session | Chaptered
Bill Title: Allows gross income taxpayers to use their gross income tax returns to make voluntary contributions to ALS Association for services to New Jersey residents.
Spectrum: Slight Partisan Bill (Democrat 20-8)
Status: (Passed) 2014-12-11 - Approved P.L.2014, c.80. [A3290 Detail]
Download: New_Jersey-2014-A3290-Chaptered.html
§1 -
C.54A:9-25.38
An Act allowing gross income taxpayers to use their gross income tax returns to make voluntary contributions to the ALS Association for services to New Jersey residents, 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 "ALS Association Support Fund."
b. For taxable years beginning on or after the date of enactment of this section, a 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 ALS Association Support Fund and used in accordance with this section.
c. The costs incurred by the Division of Taxation for collection or administration attributable to the ALS Association 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 ALS Association Support Fund.
d. The Legislature shall annually appropriate the moneys deposited in the ALS Association Support Fund established pursuant to subsection a. of this section to the ALS Association to provide support services to New Jersey residents as follows: 50 percent of the amounts deposited in the fund shall be appropriated to the Greater Philadelphia Chapter of the ALS Association serving residents in southern New Jersey and 50 percent shall be appropriated to the Greater New York Chapter of the ALS Association serving residents in central and northern New Jersey.
2. This act shall take effect immediately.
STATEMENT
This bill allows gross income taxpayers to use their gross income tax returns to make voluntary contributions to the Greater Philadelphia and Greater New York Chapters of the ALS Association for services provided to New Jersey residents.
Amyotrophic lateral sclerosis (ALS), often referred to as "Lou Gehrig's Disease," is a progressive neurodegenerative disease that affects nerve cells in the brain and the spinal cord and is estimated to impact some 30,000 Americans at any given time, with an estimated 5,600 individuals newly diagnosed with the disease each year.
The mission of The ALS Association is to lead the fight to treat and cure ALS through global research and nationwide advocacy, while also empowering people with Lou Gehrig's Disease and their families to live fuller lives by providing them with compassionate care and support through a nationwide network of chapters.
The bill requires gross income tax returns to include a provision to allow taxpayers to make donations to the ALS Association for taxable years beginning on or after the date of enactment. As a depository for the donations, the bill establishes the ALS Association Support Fund. The bill directs that 50 percent of deposits to the fund be appropriated to the Greater Philadelphia chapter of the ALS Association for services the organization provides to residents located in southern New Jersey and 50 percent of deposits be appropriated to the Greater New York Chapters of the ALS Association for services provided to residents in central and northern New Jersey. The bill additionally authorizes the Division of Taxation to retain sufficient receipts from the donations to cover the costs of related administration.
Allows gross income taxpayers to use their gross income tax returns to make voluntary contributions to ALS Association for services to New Jersey residents.
