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1997 SESSION

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HB 2030 Voluntary income tax contribution; Housing Fund.

Introduced by: Alan A. Diamonstein | all patrons    ...    notes | add to my profiles

SUMMARY:

Voluntary income tax contributions; Virginia Tax Check-off for Housing Fund. Establishes an income tax refund check-off for voluntary contributions to the Virginia Tax Check-off for Housing Fund. Moneys collected will be used by the Department of Housing and Community Development to provide housing assistance for the homeless, the low-income elderly, and the physically or mentally disabled. The tax refund check-off shall not apply to taxable years beginning after December 31, 2002. The Tax Department's direct costs of implementing the act in fiscal year 1997-1998 shall be deducted from contributions.


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