[First Reprint]

ASSEMBLY RESOLUTION No. 193

STATE OF NEW JERSEY

216th LEGISLATURE

 

INTRODUCED DECEMBER 4, 2014

 


 

Sponsored by:

Assemblyman  TIMOTHY J. EUSTACE

District 38 (Bergen and Passaic)

Assemblyman  BOB ANDRZEJCZAK

District 1 (Atlantic, Cape May and Cumberland)

Assemblyman  DANIEL R. BENSON

District 14 (Mercer and Middlesex)

Assemblyman  RAJ MUKHERJI

District 33 (Hudson)

Assemblywoman  VALERIE VAINIERI HUTTLE

District 37 (Bergen)

 

 

 

 

SYNOPSIS

     Urges Congress and President to enhance charitable food donation deduction.

 

CURRENT VERSION OF TEXT

     As reported by the Assembly Agriculture and Natural Resources Committee on December 11, 2014, with amendments.

  


An Assembly Resolution respectfully urging the 1[United States]1 Congress 1and President of the United States1 to enhance the charitable food donation deduction.

 

Whereas, The United States Congress has the Article I power to lay and collect taxes to promote the general welfare of the country; and

Whereas, The United States Congress has used this power to provide a charitable food donation income tax deduction 1in section 170(e)(3)(C) of the federal Internal Revenue Code1; and

Whereas, The national demand for charitable food assistance has increased dramatically over the last decade; and

Whereas, An estimated 70 billion pounds of wholesome food is wasted 1in the United States1 each year; and

Whereas, New Jersey has also experienced an increase in demand for food assistance notwithstanding the efforts of charitable organizations like the New Jersey Agricultural Society and its New Jersey Farmers Against Hunger program, which distributes approximately 1 to 1.5 million pounds of food annually; and

Whereas, The United States Congress is considering the 1"1America Gives More Act1"1 to expand the charitable food donation deduction to 15 percent of qualified income and allow farmers and other cash method accounting taxpayers to use a 25 percent fair market value basis for donated food; and

Whereas, The 1"1America Gives More Act1"1 charitable food donation deduction enhancements will reduce barriers for food donation; and

Whereas, Without these enhancements to the food donation deduction, millions of pounds of food from large and small businesses and farmers will be lost; and

Whereas, It is altogether fitting and proper for this House to promote the general welfare by respectfully urging the 1[United States]1 Congress 1and President of the United States1 to enhance the charitable food donation deduction; now, therefore,

 

     Be It Resolved by the General Assembly of the State of New Jersey:

 

     1.    The 1[United States]1 Congress 1[is] and President of the United States are1 respectfully urged to enhance the charitable food donation deduction of section 170(e)(3)(C) of the federal Internal Revenue Code.


     2.    1[Duly authenticated copies of this General Assembly Resolution, signed by the Speaker of the General Assembly and attested to by the Clerk thereof, shall be transmitted] Copies of this resolution, as filed with the Secretary of State, shall be transmitted by the Clerk of the General Assembly1 to 1the President of the United States,1 the Majority and Minority Leaders of the United States Senate, the Speaker and Minority Leader of the United States House of Representatives, and 1[to]1 every member of Congress elected from this great State.