Bill Summary for H 592 (2019-2020)
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Summary date:
Apr 3 2019
Bill Information:
| View NCGA Bill Details | 2019-2020 Session |
AN ACT TO PROVIDE SPACE ON THE INCOME TAX RETURN FOR INDIVIDUALS TO MAKE DONATIONS TO THE CLEAN WATER MANAGEMENT TRUST FUND.Intro. by Richardson, McGrady, Autry, Ager.
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Bill summary
Enacts new GS 105-269.9 (Contribution of income tax refund to Conservation Grant Fund). Provides an option for taxpayers to contribute all or part of their income tax refund to the Conservation Grant Fund (Fund) established under GS 113A-232. Directs the Secretary of Revenue to provide appropriate language and space on the income tax form to make the selection, and to transmit contributions made under this statute to the State Treasurer for credit to the Fund.
Effective for taxable years beginning on or after January 1, 2019.