senate Bill S4760A

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

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Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 22 / Apr / 2013
    • REFERRED TO VETERANS, HOMELAND SECURITY AND MILITARY AFFAIRS
  • 08 / Jan / 2014
    • REFERRED TO VETERANS, HOMELAND SECURITY AND MILITARY AFFAIRS
  • 23 / Jan / 2014
    • AMEND AND RECOMMIT TO VETERANS, HOMELAND SECURITY AND MILITARY AFFAIRS
  • 23 / Jan / 2014
    • PRINT NUMBER 4760A
  • 18 / Mar / 2014
    • REPORTED AND COMMITTED TO FINANCE
  • 02 / Jun / 2014
    • 1ST REPORT CAL.1072
  • 03 / Jun / 2014
    • 2ND REPORT CAL.
  • 09 / Jun / 2014
    • ADVANCED TO THIRD READING
  • 16 / Jun / 2014
    • SUBSTITUTED BY A7430A

Summary

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

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Bill Details

See Assembly Version of this Bill:
A7430A
Versions:
S4760
S4760A
Legislative Cycle:
2013-2014
Law Section:
Tax Law
Laws Affected:
Add §627-b, Tax L; add §99-v, St Fin L

Sponsor Memo

BILL NUMBER:S4760A

TITLE OF BILL: An act to amend the tax law and the state finance law,
in relation to establishing the homeless veterans assistance fund and
authorizing gifts to such fund through a state income tax check-off

PURPOSE OR GENERAL IDEA OF BILL:

To create a tax line to assist homeless veterans.

SUMMARY OF SPECIFIC PROVISIONS:

Section 1 creates a new section 627-b of the state tax law allowing
New York State income tax filers to contribute to the homeless
veterans assistance fund. Such contribution shall be in any whole
dollar amount and shall not reduce the amount of state tax owed by
such individual. The commissioner of taxation and finance shall
include space on the personal income tax return to enable a taxpayer
to elect to make such contribution.

Section 2 creates a new section 99-v of the state finance law creating
the homeless veterans assistance fund, which shall be expended only
for the assistance and care of homeless veterans for housing and
housing-related expenses, as determined by the New York State
Department of Veterans Affairs.

Section 3 sets the effective date.

JUSTIFICATION:

The United States is fortunate to have many brave men and women
fighting overseas to protect our freedom. Unfortunately, upon their
return from service, many have found themselves with housing
difficulties. According to the National Coalition for Homeless
Veterans, 13% of the homeless adult population are veterans. Helping
those who have risked their lives for us, with their most basic needs,
is the right thing to do. This bill will create the homeless veterans
assistance fund and adds a tax line to facilitate contributions
through State income tax returns for this purpose.

PRIOR LEGISLATIVE HISTORY:

This is a new bill.

FISCAL IMPLICATIONS:

None.

EFFECTIVE DATE:

This act shall take effect immediately.

view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 4760--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             April 22, 2013
                               ___________

Introduced  by Sens. MARTINS, ZELDIN, ADDABBO, AVELLA, CARLUCCI, DeFRAN-
  CISCO, FLANAGAN, GRISANTI, LARKIN, RANZENHOFER, TKACZYK -- read  twice
  and ordered printed, and when printed to be committed to the Committee
  on  Veterans, Homeland Security and Military Affairs -- recommitted to
  the Committee on Veterans, Homeland Security and Military  Affairs  in
  accordance  with  Senate  Rule 6, sec. 8 -- committee discharged, bill
  amended, ordered reprinted as amended and recommitted to said  commit-
  tee

AN  ACT  to  amend the tax law and the state finance law, in relation to
  establishing the homeless veterans  assistance  fund  and  authorizing
  gifts to such fund through a state income tax check-off

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The tax law is amended by adding a  new  section  627-b  to
read as follows:
  S  627-B.  GIFT FOR ASSISTING HOMELESS VETERANS. EFFECTIVE FOR ANY TAX
YEAR COMMENCING ON OR AFTER JANUARY  FIRST,  TWO  THOUSAND  FIFTEEN,  AN
INDIVIDUAL  IN  ANY TAXABLE YEAR MAY ELECT TO CONTRIBUTE TO THE HOMELESS
VETERANS ASSISTANCE FUND. SUCH CONTRIBUTION SHALL BE IN ANY WHOLE DOLLAR
AMOUNT AND SHALL NOT REDUCE THE AMOUNT OF STATE TAX OWED BY  SUCH  INDI-
VIDUAL.  THE COMMISSIONER SHALL INCLUDE SPACE ON THE PERSONAL INCOME TAX
RETURN TO ENABLE A TAXPAYER TO MAKE SUCH CONTRIBUTION.   NOTWITHSTANDING
ANY  OTHER  PROVISION  OF  LAW  ALL  REVENUES COLLECTED PURSUANT TO THIS
SECTION SHALL BE CREDITED TO THE HOMELESS VETERANS ASSISTANCE  FUND  AND
USED  ONLY FOR THOSE PURPOSES ENUMERATED IN SECTION NINETY-NINE-V OF THE
STATE FINANCE LAW.
  S 2. The state finance law is amended by adding a new section 99-v  to
read as follows:
  S  99-V.  HOMELESS VETERANS ASSISTANCE FUND. 1. THERE IS HEREBY ESTAB-
LISHED IN THE JOINT CUSTODY OF THE COMMISSIONER OF TAXATION AND FINANCE,

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10469-03-4

S. 4760--A                          2

THE NEW YORK STATE DIRECTOR OF VETERANS AFFAIRS AND THE  COMPTROLLER,  A
SPECIAL FUND TO BE KNOWN AS THE "HOMELESS VETERANS ASSISTANCE FUND".
  2.  SUCH FUND SHALL CONSIST OF ALL REVENUES RECEIVED BY THE DEPARTMENT
OF TAXATION AND FINANCE, PURSUANT  TO  THE  PROVISIONS  OF  SECTION  SIX
HUNDRED  TWENTY-SEVEN-B  OF  THE TAX LAW, AND ALL OTHER MONEYS APPROPRI-
ATED, CREDITED, OR TRANSFERRED THERETO FROM ANY  OTHER  FUND  OR  SOURCE
PURSUANT TO LAW. FOR EACH STATE FISCAL YEAR, THERE SHALL BE APPROPRIATED
TO THE FUND BY THE STATE, IN ADDITION TO ALL OTHER MONEYS REQUIRED TO BE
DEPOSITED  INTO  SUCH  FUND,  AN  AMOUNT  EQUAL TO THE AMOUNTS OF MONEYS
COLLECTED AND DEPOSITED INTO THE FUND PURSUANT TO  SECTION  SIX  HUNDRED
TWENTY-SEVEN-B  OF  THE  TAX LAW, AND THE AMOUNTS OF MONEYS RECEIVED AND
DEPOSITED INTO THE FUND FROM  GRANTS,  GIFTS  AND  BEQUESTS  DURING  THE
PRECEDING  CALENDAR  YEAR,  AS  CERTIFIED BY THE COMPTROLLER. NOTHING IN
THIS SECTION SHALL PREVENT  THE  STATE  FROM  SOLICITING  AND  RECEIVING
GRANTS,  GIFTS  OR  BEQUESTS  FOR THE PURPOSES OF THE FUND AS DEFINED IN
THIS SECTION AND DEPOSITING THEM INTO THE FUND ACCORDING TO LAW.
  3. ON OR BEFORE THE FIRST DAY OF FEBRUARY OF EACH CALENDAR  YEAR,  THE
COMPTROLLER  SHALL  CERTIFY  TO THE GOVERNOR, THE TEMPORARY PRESIDENT OF
THE SENATE, THE SPEAKER OF THE ASSEMBLY, THE CHAIR OF THE SENATE FINANCE
COMMITTEE AND THE CHAIR OF THE ASSEMBLY WAYS AND  MEANS  COMMITTEE,  THE
AMOUNT  OF  MONEY  DEPOSITED  IN  THE  HOMELESS VETERANS ASSISTANCE FUND
DURING THE PRECEDING CALENDAR YEAR AS  THE  RESULT  OF  REVENUE  DERIVED
PURSUANT  TO SECTION SIX HUNDRED TWENTY-SEVEN-B OF THE TAX LAW, AND FROM
ALL GRANTS, GIFTS AND BEQUESTS.
  4. MONEYS OF THE FUND SHALL BE EXPENDED ONLY FOR  THE  ASSISTANCE  AND
CARE  OF HOMELESS VETERANS, FOR HOUSING AND HOUSING-RELATED EXPENSES, AS
DETERMINED BY THE DIVISION OF VETERANS AFFAIRS.
  5. MONEYS SHALL BE PAID OUT OF THE FUND ON THE AUDIT  AND  WARRANT  OF
THE COMPTROLLER ON VOUCHERS APPROVED AND CERTIFIED BY THE NEW YORK STATE
DIRECTOR  OF  VETERANS AFFAIRS. ANY INTEREST RECEIVED BY THE COMPTROLLER
ON MONEYS ON DEPOSIT IN THE HOMELESS VETERANS ASSISTANCE FUND  SHALL  BE
RETAINED IN AND BECOME PART OF SUCH FUND.
  S 3. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2015.

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