RD36 - Annual Report on the Voluntary Contributions -- Amounts Collected for the Previous Three Years

Executive Summary:
Pursuant to House Bill 2303, which was passed during the 2005 General Assembly Session, the Department is required to report to the Chairmen of the Senate and House Finance Committees the amounts collected for each voluntary contribution for the three most recent taxable years for which there is complete data. This report is also required to list which entities, if any, will be removed from the Virginia Individual income tax return because they have failed to meet the $10,000 per year requirement. Finally, the report must list which entities, if any, will be added to the income tax return in order to bring the total number of voluntary contributions to 25.