Bill > H4470

This bill establishes the Massachusetts Fund for Vulnerable Countries Most Affected by Climate Change (MFVC) to allow individuals to voluntarily contribute to the United Nations Least Developed Countries Fund (UN LDCF), which supports developing nations in adapting to climate change. The bill amends the General Laws to create a "tax return-enabled contribution option" on personal income tax forms, allowing taxpayers to donate all or part of their refund or an additional amount to the MFVC. The bill also sets criteria for maintaining tax return-enabled contribution options on tax forms and requires annual reporting and auditing of the MFVC and other such funds to ensure transparency and prevent waste, fraud, or abuse.