Sponsored by:
Senator JOSEPH PENNACCHIO
District 26 (Essex, Morris and Passaic)
Senator ANTHONY M. BUCCO
District 25 (Morris and Somerset)
Senator HOLLY T. SCHEPISI
District 39 (Bergen and Passaic)
Co-Sponsored by:
Senators O'Scanlon, Pou, Singleton and Turner
SYNOPSIS
Provides for voluntary contributions by taxpayers on gross income tax returns for New Jersey Commission on Cancer Research.
CURRENT VERSION OF TEXT
As reported by the Senate Health, Human Services and Senior Citizens Committee on March 9, 2021, with amendments.
An Act concerning voluntary contributions through gross income tax returns to support the New Jersey State Commission on Cancer Research1[,] and1 supplementing chapter 9 of 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 “New Jersey State Commission on Cancer Research Charitable Contribution Check-Off 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 refund or an enclosed contribution shall be deposited in the special fund.
c. The State Treasurer shall deposit all contributions collected pursuant to this section in the “New Jersey State Commission on Cancer Research Charitable Contribution Check-Off Fund.”
d. The Legislature shall annually appropriate all funds deposited in the “New Jersey State Commission on Cancer Research Charitable Contribution Check-Off Fund” to the New Jersey State Commission on Cancer Research, established pursuant to section 4 of P.L.1983, c.6 (C.52:9U-4), for approved research projects as defined in section 3 of P.L.1983, c.6 (C.52:9U-3).
2. This act shall take effect immediately and apply to taxable years beginning on or after January 1 next following the date of enactment.