New Jersey Statutes 54A:9-25.20. “Literacy Volunteers of America – New Jersey Fund;” tax return contribution
Terms Used In New Jersey Statutes 54A:9-25.20
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
b. 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 shall be deposited in the special fund.
c. Any costs incurred by the Division of Taxation for collection or administration attributable to this act may be deducted from receipts collected pursuant to this act, as determined by the Director of the Division of Budget and Accounting. The State Treasurer shall deposit net contributions collected pursuant to this act into the “Literacy Volunteers of America – New Jersey Fund.”
d. The Legislature shall annually appropriate all funds deposited in the “Literacy Volunteers of America – New Jersey Fund” established pursuant to this section to the Literacy Volunteers of America – New Jersey, Inc., for the purposes of literacy training, technical assistance, and program development.
L.2001,c.273.