Bill > HB2373

This bill allows Arizona taxpayers to voluntarily contribute a portion of their individual income tax refund to a designated fund for veterans' service organizations, which are non-profits recognized under section 501(c)(19) of the internal revenue code. The bill amends existing law to add a space on the state income tax return form where taxpayers can designate an amount from their refund to be donated, and also allows for direct donations with the tax return. These contributions will be subtracted from the taxpayer's refund and transferred to the department of veterans' services for deposit into the veterans' donations fund, which is established to benefit veterans. The bill also specifies that the department of revenue will determine and be reimbursed for the initial administrative costs associated with this new donation process. This change will apply to taxable years beginning after December 31, 2026.

Budget and Finance

https://apps.azleg.gov/BillStatus/BillOverview/84141