Personal income taxes: voluntary contributions: Habitat for Humanity Fund.

Existing law authorizes an individual to contribute amounts in excess of his or her income tax liability for the support of specified funds. This bill would additionally 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 Habitat for Humanity Fund, which would be created by this bill. The bill would prohibit a voluntary contribution designation for this fund from being added until another designation is removed or space is available, whichever occurs first. The bill would require moneys in the Habitat for Humanity Fund, upon appropriation by the Legislature, to be allocated to the Franchise Tax Board, the Controller, and the Department of Housing and Community Development for reimbursement of costs, as provided, and the balance to the Department of Housing and Community Development to distribute grants to Habitat for Humanity affiliates in California that meet certain requirements, including having a specified tax-exempt status. The bill would require the Department of Housing and Community Development to award grants through a competitive, project-specific grant process and be responsible for overseeing that grant program. The bill would prohibit a Habitat for Humanity affiliate from using a grant award for administrative expenses or for any purposes outside of California. The bill would provide that these provisions would remain in effect only until January 1 of the 5th taxable year following the first appearance of the Habitat for Humanity Fund on the tax return or January 1, 2021, whichever occurs first, but would further provide for an earlier repeal if the Franchise Tax Board determines that the amount of contributions estimated to be received during a calendar year will not at least equal the minimum contribution amount, as defined, for that calendar year, in which case these provisions would be repealed on December 1 of that year.