ASSEMBLY, No. 738
STATE OF NEW JERSEY
PRE-FILED FOR INTRODUCTION IN THE 1996 SESSION
By Assemblymen GREGG, AUGUSTINE and Bucco
An Act concerning voluntary contributions from gross income tax refunds to support the New Jersey Network operated by the New Jersey Public Broadcasting Authority and supplementing chapter 9 of Title 54A of the New Jersey Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. There is hereby established in the Department of the Treasury a special fund to be known as the "New Jersey Network Fund." Each taxpayer shall have the opportunity to indicate on the taxpayer's New Jersey gross income tax return that a portion of the taxpayer's tax refund or an enclosed contribution be deposited in such fund. The Director of the Division of Taxation shall provide each taxpayer with the opportunity to indicate the taxpayer's preference on the tax return to contribute to the fund in substantially the following way:
"New Jersey Network Fund: I wish to contribute $5 □, $10 □, other amount $ □ to this fund."
The State Treasurer shall deposit into the fund net contributions collected pursuant to this act.
2. There shall be annually appropriated all moneys deposited in the "New Jersey Network Fund" established pursuant to this act to the Department of Commerce and Economic Development to support the New Jersey Network operated by the New Jersey Public Broadcasting Authority pursuant to P.L.1968, c.405 (C.48:23-1 et seq.).
3. Any costs incurred by the Division of Taxation for collection or administration attributable to this act may be deducted from receipts collected pursuant to section 1 of this act, as determined by the Director of the Division of Budget and Accounting in the Department of the Treasury.
4. This act shall take effect immediately and apply to taxable years beginning on and after January 1 next following enactment.
Provides that taxpayers may make voluntary contribution on gross income tax returns to support the New Jersey Network.