111 HR 147 IH: To amend the Internal Revenue Code of 1986 to allow taxpayers to designate a portion of their income tax payment to provide assistance to homeless veterans, and for other purposes.
U.S. House of Representatives
2009-01-06
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Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
1.Designation of income tax
payments to homeless veterans assistance fund
(a)Subchapter A of
chapter 61 of the Internal Revenue Code of 1986 (relating to information and
returns) is amended by adding at the end the following new part:
IXDesignation of
Income Tax Payments to Homeless Veterans Assistance Fund
Sec. 6098. Designation to Homeless
Veterans Assistance Fund.
6098.Designation
to Homeless Veterans Assistance Fund
(a)Every individual
(other than a nonresident alien) whose adjusted income tax liability for the
taxable year is $3 or more may designate that $3 shall be paid over to the
Homeless Veterans Assistance Fund in accordance with the provisions of section
9511. In the case of a joint return of husband and wife having an adjusted
income tax liability of $6 or more, each spouse may designate that $3 shall be
paid to the fund.
(b)Adjusted Income
Tax LiabilityFor purposes of subsection (a), the term
adjusted income tax liability means, for any individual for any
taxable year, the excess (if any) of—
(1)the income tax
liability (as defined in section 6096(b)) of the individual for the taxable
year, over
(2)any amount
designated by the individual (and, in the case of a joint return, any amount
designated by the individual’s spouse) under section 6096(a) for such taxable
year.
(c)Manner and Time
of DesignationA designation under subsection (a) may be made
with respect to any taxable year—
(1)at the time of
filing the return of the tax imposed by chapter 1 for such taxable year,
or
(2)at any other time
(after the time of filing the return of the tax imposed by chapter 1 for such
taxable year) specified in regulations prescribed by the Secretary.
Such
designation shall be made in such manner as the Secretary prescribes by
regulations except that, if such designation is made at the time of filing the
return of the tax imposed by chapter 1 for such taxable year, such designation
shall be made either on the first page of the return or on the page bearing the
taxpayer’s
signature..
(b)Homeless
Veterans Assistance FundSubchapter A of chapter 98 of such Code
(relating to establishment of trust funds) is amended by adding at the end the
following new section:
9511.Homeless
Veterans Assistance Fund
(a)There is established in the Treasury of the United
States a trust fund to be known as the Homeless Veterans Assistance
Fund, consisting of such amounts as may be appropriated or credited to
such fund as provided in this section or section 9602(b).
(b)There are hereby appropriated to the Homeless Veterans
Assistance Fund amounts equivalent to the amounts designated under section
6098.
(c)Amounts
in the Homeless Veterans Assistance Fund shall be available, as provided in
appropriation Acts, only for the purpose of providing assistance to homeless
veterans. Such amounts shall be used to supplement, not supplant, existing
funding for such
assistance.
.
(c)
(1)The table of
parts for subchapter A of chapter 61 of such Code is amended by adding at the
end the following new item:
PART IX—Designation of Income Tax
Payments to Homeless Veterans Assistance
Fund
.
(2)The table of
sections for subchapter A of chapter 98 of such Code is amended by adding at
the end the following new item:
Sec. 9511. Homeless Veterans
Assistance
Fund.
.
(d)The amendments made by this section shall apply to taxable
years beginning after the date of the enactment of this Act.