Establishes the disability care providers fund; provides for an election to such fund to be made on the personal income tax return of a taxpayer.
Impact
The establishment of the disability care providers fund is expected to have a significant impact on state laws related to disability services and funding. The fund will collect contributions that are earmarked specifically for supporting disability care providers, defined under the mental hygiene law. This specific targeting of funds aims to address the often-overlooked financial needs of service providers who care for individuals with disabilities. By ensuring a separate source of funding, the bill strives to provide more consistent and substantial financial backing for these crucial services.
Summary
Bill S09838, introduced in the New York Senate, establishes a new fund known as the 'disability care providers fund'. The bill proposes an option for individuals to contribute to this fund via their personal income tax returns, allowing them to elect to donate in any whole dollar amount without reducing their tax liabilities. This mechanism aims to bolster financial support for disability care providers across the state, thereby enhancing the resources available for individuals with disabilities and their caregivers.
Contention
While supporters of S09838 laud its potential to improve the lives of individuals who require disability care, there are points of contention regarding the bill. Opponents may argue that relying on voluntary contributions could result in unpredictable funding levels that may not provide adequate support. Furthermore, concerns about the administrative overhead of collecting and distributing these funds effectively may arise. The necessity for proper accountability and transparency in how these funds are utilized will likely be a focal point in discussions surrounding the bill, ensuring that contributions are indeed fostering improvements in disability care.
Same As
Establishes the disability care providers fund; provides for an election to such fund to be made on the personal income tax return of a taxpayer.
Provides that the department of taxation and finance shall be permitted to share with the office of the state comptroller a person's address, based on such person's most recently filed tax return, for the purpose of returning unclaimed funds to such person.
Establishes a personal income tax deduction for the interest paid on student loans by individual taxpayers having a federal adjusted income of between $65,000 and $125,000, and married taxpayers filing jointly having a federal adjusted income of between $130,000 and $250,000.
Requires health insurers to provide coverage for long term medical care for Lyme disease and other tick borne related pathogens; provides for taxpayer gifts for tick borne illness research, detection and education; establishes the tick borne illness research, detection and education fund.
Establishes NJ Military Family Relief Fund; provides for designation on State gross income tax return to permit taxpayers to make voluntary contributions to military family relief fund.
Establishes NJ Military Family Relief Fund; provides for designation on State gross income tax return to permit taxpayers to make voluntary contributions to military family relief fund.