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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 10328 Introduced in House (IH)]
<DOC>
118th CONGRESS
2d Session
H. R. 10328
To amend the Internal Revenue Code of 1986 to allow taxpayers to
designate overpayments of tax as contributions and to make additional
contributions to the Homeless Veterans Assistance Fund, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 6, 2024
Mr. Schneider introduced the following bill; which was referred to the
Committee on Ways and Means, and in addition to the Committee on
Veterans' Affairs, for a period to be subsequently determined by the
Speaker, in each case for consideration of such provisions as fall
within the jurisdiction of the committee concerned
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to allow taxpayers to
designate overpayments of tax as contributions and to make additional
contributions to the Homeless Veterans Assistance Fund, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Homeless Veterans Assistance Fund
Act of 2024''.
SEC. 2. CONTRIBUTIONS TO THE HOMELESS VETERANS ASSISTANCE FUND.
(a) In General.--Subchapter A of chapter 61 of the Internal Revenue
Code of 1986 is amended by adding at the end the following new part:
``PART IX--CONTRIBUTIONS TO THE HOMELESS VETERANS ASSISTANCE FUND
``Sec. 6098. Contributions to the Homeless Veterans Assistance Fund.
``SEC. 6098. CONTRIBUTIONS TO THE HOMELESS VETERANS ASSISTANCE FUND.
``(a) In General.--Every individual, with respect to the taxpayer's
return for the taxable year of the tax imposed by chapter 1--
``(1) may designate that a specified portion (not less than
$1) of any overpayment of tax shall be paid over to the
Homeless Veterans Assistance Fund in accordance with the
provisions of section 9512, and
``(2) in addition to any payment (if any) under paragraph
(1), may make a contribution to the United States of an
additional amount which shall be paid over to such Fund.
``(b) Manner and Time of Designation and Contribution.--A
designation and contribution 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 such time of filing)
specified in regulations prescribed by the Secretary.
Such designation and contribution 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.
``(c) Overpayments Treated as Refunded.--For purposes of this
title, any portion of an overpayment of tax designated under subsection
(a) shall be treated as--
``(1) being refunded to the taxpayer as of the last date
prescribed for filing the return of tax imposed by chapter 1
(determined without regard to extensions) or, if later, the
date the return is filed, and
``(2) a contribution made by such taxpayer on such date to
the United States.''.
(b) Homeless Veterans Assistance Fund.--Subchapter A of chapter 98
of the Internal Revenue Code of 1986 is amended by adding at the end
the following new section:
``SEC. 9512. HOMELESS VETERANS ASSISTANCE FUND.
``(a) Creation of Trust Fund.--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) Transfers to Trust Fund.--There are hereby appropriated to
the Homeless Veterans Assistance Fund amounts equivalent to the amounts
designated and contributed under section 6098.
``(c) Expenditures.--
``(1) In general.--Subject to paragraphs (2) and (3),
amounts in the Homeless Veterans Assistance Fund shall be
available (and shall remain available until expended) to the
Department of Veterans Affairs, in consultation with the
Department of Labor Veterans' Employment and Training Service
and the Department of Housing and Urban Development, for the
purpose of providing services to homeless veterans, through--
``(A) the development and implementation of new and
innovative strategies to prevent and end veteran
homelessness, and
``(B) any homeless veteran program administered by
the Department of Veterans Affairs, the Department of
Labor Veterans' Employment and Training Service, and
the Department of Housing and Urban Development.
``(2) Additional allocations.--The Secretary of Veterans
Affairs is authorized to make transfers from the amounts
described in paragraph (1) to the Department of Labor Veterans'
Employment and Training Service and the Department of Housing
and Urban Development for the purpose of supporting programs
that serve homeless veterans.
``(3) Advance notice.--The Secretary of Veterans Affairs,
in collaboration with the Secretary of Labor and the Secretary
of Housing and Urban Development, shall submit a detailed
expenditure plan for any amounts in the Homeless Veterans
Assistance Fund to the Committees on Veterans' Affairs and
Committees on Appropriations of the House of Representatives
and of the Senate not later than 60 days prior to any
expenditure of such amounts.
``(d) President's Annual Budget Information.--Beginning with the
President's annual budget submission for fiscal year 2026 and every
year thereafter, the Department of Veterans Affairs, the Department of
Labor, and the Department of Housing and Urban Development shall
include a description of the use of funds from the Homeless Veterans
Assistance Fund from the previous fiscal year and the proposed use of
such funds for the next fiscal year.''.
(c) Clerical Amendments.--
(1) The table of parts for subchapter A of chapter 61 of
the Internal Revenue Code of 1986 is amended by adding at the
end the following new item:
``Part IX. Contributions to the 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. 9512. Homeless Veterans Assistance Fund.''.
(d) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after the date of the enactment of
this Act.
<all>
Introduced in House
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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