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NJ A4393

NJ A4393
Provides for voluntary contributions by taxpayers on gross income tax returns to support programming to address family homelessness.


summary

Introduced
05/16/2024
In Committee
05/16/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill establishes the "New Jersey Family Homelessness Fund" and provides for a designation on the State gross income tax return that will permit taxpayers to make voluntary contributions to the fund to support New Jersey families that are at risk for or experiencing homelessness. Under the bill, the State would be required to annually appropriate the amounts deposited into the "New Jersey Family Homelessness Fund" to the Family Promise national organization for allocation to each of the independently-run local affiliates operating in the State of New Jersey. Family Promise is a 26 U.S.C. 501(c)(3) tax-exempt organization which provides services in the State of New Jersey through a network of independently-run local affiliates throughout the State. The "New Jersey Family Homelessness Fund" is meant to support the Family Promise New Jersey affiliates in their mission to coordinate local efforts that bring communities together to help families experiencing homelessness regain their housing, their independence, and their dignity. Family Promise programming directly addresses family homelessness and primarily includes homelessness prevention services, emergency shelter services, and housing stabilization services.

AI Summary

This bill establishes the "New Jersey Family Homelessness Fund" and allows taxpayers to make voluntary contributions to the fund through their state gross income tax returns. The funds collected will be appropriated annually by the legislature and distributed to the Family Promise national organization, which is a tax-exempt nonprofit that operates local affiliates across New Jersey to provide homelessness prevention, emergency shelter, and housing stabilization services to families at risk of or experiencing homelessness in the state.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced, Referred to Assembly Housing Committee (on 05/16/2024)

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