AB 846: Voluntary contributions: California YMCA Youth and Government Voluntary Tax Contribution Fund.

Existing law authorizes an individual to contribute amounts in excess of his or her tax liability for the support of specified funds. Under existing law, there are general administrative provisions applicable to these voluntary contributions, which, among other things, specify when a voluntary contribution is to be placed on the return, provide for the disbursement of contributions following repeal of the fund provisions, and require undesignated funds to be transferred to the General Fund.

Existing law also requires that when adding a new voluntary tax contribution fund or extending the operation of an existing voluntary tax contribution fund that the words voluntary tax contribution be included in the name of the fund, that the administering agency comply with specified Internet Web site reporting requirements, that the fund provisions remain in effect only until January 1 of the 7th calendar year following the first appearance of the voluntary tax contribution on the personal income tax return, that the required calendar year minimum contribution amount for the fund to continue appearing on the return is $250,000, and that the contributions be continuously appropriated from the fund to the administering entity.

This bill would allow an individual to designate on his or her tax return that a specified amount in excess of his or her tax liability be transferred to the California YMCA Youth and Government Voluntary Tax Contribution Fund, which would be created by this bill. The bill would conform with those aforementioned requirements by continuously appropriating those funds to the Franchise Tax Board and the Controller for administrative costs and to the State Department of Education for distribution to the California YMCA Youth and Government Program and to the California YMCA Youth and Government Board of Directors to provide grants for civic education and mock legislative programs, as specified; providing that the fund provisions remain in effect only until January 1 of the 7th calendar year following the 1st appearance of the California YMCA Youth and Government Voluntary Tax Contribution Fund on the personal income tax return and repealing the provisions as of December 1 of that year unless the fund previously has not equaled or exceeded an adjusted minimum contribution amount; and requiring the State Department of Education to comply with those Internet Web site reporting requirements. By continuously appropriating these funds, the bill would make an appropriation.