Bill > S03981

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, veterans' 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, but cannot be used to reduce the tax liability of the credit claimant below zero. The bill also directs the Attorney General to promulgate rules and regulations to define the eligible civil cases and services, as well as the procedures for reviewing hour submissions by attorneys. The Commissioner of Taxation and Finance is tasked with promulgating rules and regulations for the submission of qualifying hours by attorneys.