Previous Story
Bill seeks donation of $10 to $50 from tax rebate/refund for causes
|
Posted on Dec 15 2011
By Haidee V. Eugenio
Reporter
Reporter
Rep. Joseph Palacios (R-Saipan) has introduced a bill seeking to allow taxpayers to donate $10 to $50 of their tax rebate or refund to help fund Saipan Southern High School’s Manta Ray Band’s performance at the 2012 Olympic Games in London, maintenance of public and veterans cemeteries, and Karidat Social Services.
Palacios said yesterday that his House Bill 17-243 could be acted on during a session tentatively set for Monday.
“This is not a controversial bill and I hope my colleagues would support it. This is voluntary donation, it does not obligate anyone,” he added.
The bill only covers rebates and refunds for tax years 2011 and 2012.
Under the bill, the 2011 territorial individual income tax form will have a section that will allow people to donate $10, $20, or $50 to any of the three worthy causes.
For tax year 2011, the donations will go either toward Manta Ray Band or for the maintenance of public and veterans cemeteries.
Palacios said any donation to the Manta Ray Band will have to be provided no later than July 1, 2012. Manta Ray Band has been asking for support so they could finance their trip and perform at the London Olympic Games in 2012.
For tax year 2012, the donations will go to either Karidat or the cemeteries’ maintenance.
