New Jersey Assembly Bill A3939

New Jersey 2022-2023 Regular Session

• Introduced: 5/12/22
• Refer: 5/12/22

Caption

Provides for voluntary contributions by taxpayers on gross income tax returns to support United Way of New Jersey.

Impact

The bill stipulates that all funds collected through voluntary contributions will be appropriated annually by the Legislature and distributed equally to each United Way organization across the state. This arrangement not only bolsters the financial support for United Way programs but also fosters collaboration among local United Way branches to address community needs effectively. The emphasis is on facilitating social welfare initiatives, enhancing community engagement, and improving support systems for residents.

Summary

Assembly Bill A3939 seeks to enable taxpayers in New Jersey to make voluntary contributions on their gross income tax returns to support the activities of the United Way of New Jersey. By establishing a dedicated fund within the Department of the Treasury known as the 'United Way of New Jersey Fund,' the bill aims to streamline the process of raising funds for community support programs. Taxpayers will have the option to allocate a portion of their tax refunds or make additional contributions directly to this fund.

Contention

While A3939 presents an opportunity for enhanced community funding, potential points of contention may arise around the administrative costs incurred by the Division of Taxation in managing this fund. The bill allows for the deduction of these costs from the contributions collected, a move that raises questions about transparency in how much actual funding will reach the United Way organizations versus what may be consumed by administrative expenses. Legislators may debate the fairness of this arrangement and its implications for the efficacy of taxpayer contributions.