Loading chat...
CT SB00218
Bill
Status
2/20/2014
Primary Sponsor
Veterans' Affairs Committee
Click for details
AI Summary
-
Establishes a "veterans' projects account" within the General Fund effective July 1, 2014, to receive voluntary tax refund contributions from state income taxpayers.
-
Allows taxpayers filing Connecticut income tax returns to contribute any portion of their refund to the veterans' projects account, along with existing accounts for organ transplants, AIDS research, endangered species, breast cancer research, and safety net services.
-
Directs the Department of Veterans' Affairs to distribute account funds as grants to nonprofit organizations providing services to veterans and their families, including operational support, special events, outreach, and other approved projects.
-
Permits the Commissioner of Revenue Services to retain up to 7.5 percent of contributed funds annually to cover implementation costs, not to exceed total implementation expenses.
-
Authorizes the Commissioner of Veterans' Affairs to adopt regulations governing distribution of funds from the account.
Legislative Description
An Act Creating A Veterans' Projects Account.
Last Action
Public Hearing 02/25
2/21/2014