Sec. 6. Emergency Medical Services Trust Fund
537 words·~2 min read·
/bill/113/s/2400/is/section-6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subchapter A of chapter 61 of the Internal Revenue Code of 1986 is amended by adding at the end the following new part: Every individual (other than a nonresident alien) may designate that— a specified portion of any overpayment of tax for a taxable year, and any amount contributed in addition to any payment of tax for such taxable year and any designation under paragraph (1), shall be used to fund the Emergency Medical Services Trust Fund. Designations under the preceding sentence shall be in an amount not less than $1, and the Secretary shall provide for elections in amounts of $1, $5, $10, or such other amount as the taxpayer designates.
For purposes of this title, any portion of an overpayment of tax designated under subsection
(a)shall be treated as— being refunded to the taxpayer as of the last date prescribed for filing the return of tax imposed by chapter 1 (determined without regard to extensions) or, if later, the date the return is filed, and a contribution made by such taxpayer on such date to the United States. A designation under subsection
(a)may be made with respect to any taxable year— at the time of filing the return of the tax imposed by chapter 1 for such taxable year, or at any other time (after the time of filing the return of the tax imposed by chapter 1 for such taxable year) specified in regulations prescribed by the Secretary. Such designation shall be made in such manner as the Secretary prescribes by regulations except that, if such designation is made at the time of filing the return of the tax imposed by chapter 1 for such taxable year, such designation shall be made either on the first page of the return or on the page bearing the signature of the taxpayer. . Subchapter A of chapter 98 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: There is established in the Treasury of the United States a trust fund to be known as the Emergency Medical Services Trust Fund , consisting of such amounts as may be credited or paid to such trust fund as provided in subsection (b). There are hereby appropriated to the Emergency Medical Services Trust Fund amounts equivalent to the amounts of the overpayments of tax to which designations under section 6097 apply. Amounts in the Emergency Medical Services Trust Fund shall be available, as provided in appropriation Acts, only for carrying out the provisions for which amounts are authorized to be appropriated under subsections
(a)and
(b)of section 7 of the Field EMS Innovation Act . . The table of parts for subchapter A of chapter 61 of the Internal Revenue Code of 1986 is amended by adding at the end the following new item: Part IX. Designation of income tax overpayments and additional contributions for emergency medical services. . The table of sections for subchapter A of chapter 98 of such Code is amended by adding at the end the following new item: Sec. 9512. Emergency Medical Services Trust Fund. . The amendments made by this section shall apply to taxable years beginning after December 31, 2015.