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NY A07430

Bill

Status

Passed

11/7/2014

Primary Sponsor

Harvey Weisenberg

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Allows New York State taxpayers to voluntarily contribute to a new Homeless Veterans Assistance Fund through a check-off option on personal income tax returns, effective for tax years beginning January 1, 2015.

  • Contributions are made in whole dollar amounts and do not reduce the taxpayer's state income tax liability.

  • Establishes the Homeless Veterans Assistance Fund under joint custody of the Commissioner of Taxation and Finance, the New York State Director of Veterans Affairs, and the Comptroller.

  • Fund revenues from tax check-offs, grants, gifts, and bequests are matched dollar-for-dollar by state appropriations and may be used only for assistance and care of homeless veterans, including housing and housing-related expenses.

  • Comptroller must certify annually to state leadership the amount of money deposited in the fund from tax check-offs and other sources by February 1st.

Legislative Description

Establishes the homeless veterans assistance fund and authorizes gifts to such fund through a state income tax check-off.

Last Action

signed chap.428

11/7/2014

Committee Referrals

Veterans, Homeland Security and Military Affairs3/3/2014
Rules6/18/2013
Rules6/12/2013
Ways and Means5/16/2013

Full Bill Text

No bill text available