Bill > S07826

This bill establishes a legal services veterans tax credit of up to $1,500 for any attorney who performs a minimum of 50 hours of pro bono legal services to a veteran or disabled veteran during a taxable year. The eligible services include, but are not limited to, veteran's benefits and appeals, military discharges and upgrades, public benefits, evictions and foreclosures, and consumer debt issues. The credit can be carried over for up to 10 succeeding taxable years and cannot be used to reduce the tax liability of the credit claimant below zero. The Attorney General and the Commissioner of Taxation and Finance are required to promulgate rules and regulations to define qualifying civil cases and services, as well as procedures for the screening and review of hour submissions by attorneys.