Homeless Veterans Assistance Fund Act of 2020

I 116TH CONGRESS 2D SESSION H. R. 7851 To amend the Internal Revenue Code of 1986 to allow taxpayers to designate overpayments of tax as contributions and to make additional contribu- tions to the Homeless Veterans Assistance Fund, and for other purposes. IN THE HOUSE OF REPRESENTATIVES JULY 29, 2020 Mr. SCHNEIDER (for himself, Mr. FITZPATRICK, and Mr. DEUTCH) 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 pe- riod to be subsequently determined by the Speaker, in each case for con- sideration of such provisions as fall within the jurisdiction of the com- mittee concerned A BILL To amend the Internal Revenue Code of 1986 to allow tax- payers 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 Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Homeless Veterans As- 4 sistance Fund Act of 2020’’. 5 VerDate Sep 11 2014 23:31 Aug 17, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H7851.IH H7851 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 7851 IH SEC. 2. CONTRIBUTIONS TO THE HOMELESS VETERANS AS- 1 SISTANCE FUND. 2 (a) IN GENERAL.—Subchapter A of chapter 61 of the 3 Internal Revenue Code of 1986 is amended by adding at 4 the end the following new part: 5 ‘‘PART IX—CONTRIBUTIONS TO THE HOMELESS 6 VETERANS ASSISTANCE FUND 7 ‘‘Sec. 6098. Contributions to the Homeless Veterans Assistance Fund. ‘‘SEC. 6098. CONTRIBUTIONS TO THE HOMELESS VETERANS 8 ASSISTANCE FUND. 9 ‘‘(a) IN GENERAL.—Every individual, with respect to 10 the taxpayer’s return for the taxable year of the tax im- 11 posed by chapter 1— 12 ‘‘(1) may designate that a specified portion (not 13 less than $1) of any overpayment of tax shall be 14 paid over to the Homeless Veterans Assistance Fund 15 in accordance with the provisions of section 9512, 16 and 17 ‘‘(2) in addition to any payment (if any) under 18 paragraph (1), may make a contribution to the 19 United States of an additional amount which shall 20 be paid over to such Fund. 21 ‘‘(b) MANNER AND TIME OF DESIGNATION AND CON- 22 TRIBUTION.—A designation and contribution under sub- 23 section (a) may be made with respect to any taxable 24 year— 25 VerDate Sep 11 2014 23:31 Aug 17, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H7851.IH H7851 kjohnson on DSK79L0C42PROD with BILLS 3 •HR 7851 IH ‘‘(1) at the time of filing the return of the tax 1 imposed by chapter 1 for such taxable year, or 2 ‘‘(2) at any other time (after such time of fil- 3 ing) specified in regulations prescribed by the Sec- 4 retary. 5 Such designation and contribution shall be made in such 6 manner as the Secretary prescribes by regulations except 7 that, if such designation is made at the time of filing the 8 return of the tax imposed by chapter 1 for such taxable 9 year, such designation shall be made either on the first 10 page of the return or on the page bearing the taxpayer’s 11 signature. 12 ‘‘(c) OVERPAYMENTS TREATED AS REFUNDED.—For 13 purposes of this title, any portion of an overpayment of 14 tax designated under subsection (a) shall be treated as— 15 ‘‘(1) being refunded to the taxpayer as of the 16 last date prescribed for filing the return of tax im- 17 posed by chapter 1 (determined without regard to 18 extensions) or, if later, the date the return is filed, 19 and 20 ‘‘(2) a contribution made by such taxpayer on 21 such date to the United States.’’. 22 (b) HOMELESS VETERANS ASSISTANCE FUND.— 23 Subchapter A of chapter 98 of the Internal Revenue Code 24 VerDate Sep 11 2014 23:31 Aug 17, 2020 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H7851.IH H7851 kjohnson on DSK79L0C42PROD with BILLS 4 •HR 7851 IH of 1986 is amended by adding at the end the following 1 new section: 2 ‘‘SEC. 9512. HOMELESS VETERANS ASSISTANCE FUND. 3 ‘‘(a) CREATION OF TRUST FUND.—There is estab- 4 lished in the Treasury of the United States a trust fund 5 to be known as the ‘Homeless Veterans Assistance Fund’, 6 consisting of such amounts as may be appropriated or 7 credited to such fund as provided in this section or section 8 9602(b). 9 ‘‘(b) TRANSFERS TO TRUST FUND.—There are here- 10 by appropriated to the Homeless Veterans Assistance 11 Fund amounts equivalent to the amounts designated and 12 contributed under section 6098. 13 ‘‘(c) EXPENDITURES.— 14 ‘‘(1) IN GENERAL.—Subject to paragraphs (2) 15 and (3), amounts in the Homeless Veterans Assist- 16 ance Fund shall be available (and shall remain avail- 17 able until expended) to the Department of Veterans 18 Affairs, in consultation with the Department of 19 Labor Veterans’ Employment and Training Service 20 and the Department of Housing and Urban Develop- 21 ment, for the purpose of providing services to home- 22 less veterans, through— 23 VerDate Sep 11 2014 23:31 Aug 17, 2020 Jkt 099200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H7851.IH H7851 kjohnson on DSK79L0C42PROD with BILLS 5 •HR 7851 IH ‘‘(A) the development and implementation 1 of new and innovative strategies to prevent and 2 end veteran homelessness, and 3 ‘‘(B) any homeless veteran program ad- 4 ministered by the Department of Veterans Af- 5 fairs, the Department of Labor Veterans’ Em- 6 ployment and Training Service, and the Depart- 7 ment of Housing and Urban Development. 8 ‘‘(2) ADDITIONAL ALLOCATIONS.—The Sec- 9 retary of Veterans Affairs is authorized to make 10 transfers from the amounts described in paragraph 11 (1) to the Department of Labor Veterans’ Employ- 12 ment and Training Service and the Department of 13 Housing and Urban Development for the purpose of 14 supporting programs that serve homeless veterans. 15 ‘‘(3) ADVANCE NOTICE.—The Secretary of Vet- 16 erans Affairs, in collaboration with the Secretary of 17 Labor and the Secretary of Housing and Urban De- 18 velopment, shall submit a detailed expenditure plan 19 for any amounts in the Homeless Veterans Assist- 20 ance Fund to the Committees on Veterans’ Affairs 21 and Committees on Appropriations of the House of 22 Representatives and of the Senate not later than 60 23 days prior to any expenditure of such amounts. 24 VerDate Sep 11 2014 23:31 Aug 17, 2020 Jkt 099200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 E:\BILLS\H7851.IH H7851 kjohnson on DSK79L0C42PROD with BILLS 6 •HR 7851 IH ‘‘(d) PRESIDENT’S ANNUAL BUDGET INFORMA- 1 TION.—Beginning with the President’s annual budget sub- 2 mission for fiscal year 2022 and every year thereafter, the 3 Department of Veterans Affairs, the Department of 4 Labor, and the Department of Housing and Urban Devel- 5 opment shall include a description of the use of funds from 6 the Homeless Veterans Assistance Fund from the previous 7 fiscal year and the proposed use of such funds for the next 8 fiscal year.’’. 9 (c) CLERICAL AMENDMENTS.— 10 (1) The table of parts for subchapter A of chap- 11 ter 61 of the Internal Revenue Code of 1986 is 12 amended by adding at the end the following new 13 item: 14 ‘‘PART IX. CONTRIBUTIONS TO THE HOMELESS VETERANS ASSISTANCE FUND’’. (2) The table of sections for subchapter A of 15 chapter 98 of such Code is amended by adding at 16 the end the following new item: 17 ‘‘Sec. 9512. Homeless Veterans Assistance Fund.’’. (d) EFFECTIVE DATE.—The amendments made by 18 this section shall apply to taxable years beginning after 19 the date of the enactment of this Act. 20 Æ VerDate Sep 11 2014 23:31 Aug 17, 2020 Jkt 099200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6301 E:\BILLS\H7851.IH H7851 kjohnson on DSK79L0C42PROD with BILLS