New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A4393

Introduced
5/16/24  

Caption

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

Impact

If enacted, A4393 will create a special fund under the Department of the Treasury dedicated to tackling family homelessness in New Jersey. The state would be mandated to appropriate all contributions collected into this fund annually to the Family Promise national organization. This amount will be distributed to independently run local affiliates across the state, ensuring that contributions directly support essential services such as homelessness prevention, emergency shelter, and housing stabilization for families facing homelessness.

Summary

Assembly Bill A4393, introduced in the New Jersey Legislature, aims to address family homelessness by establishing a voluntary contribution mechanism through the state's gross income tax returns. This bill allows taxpayers to indicate on their tax returns that they wish to contribute a portion of their refund or make an enclosed contribution to a newly established fund designated as the 'New Jersey Family Homelessness Fund'. The bill emphasizes the need for financial support for families at risk of homelessness and aims to streamline contributions to direct assistance programs.

Contention

While A4393 is seen as a proactive step to increase funding for homelessness assistance programs, there may be concerns regarding how effective this voluntary contribution approach will be. Critics could argue that relying on voluntary contributions may not generate sufficient funds to meet the growing demand for homelessness services, especially in economically challenging times. Moreover, there is the potential for public debate around how funds are distributed and the accountability of the Family Promise organization, which could spark discussions about best practices in addressing family homelessness.

Companion Bills

No companion bills found.

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