Services, Tools, and Opportunities to Prevent Homelessness Act of 2018

“IX Contributions to the Stop Homelessness Fund

“6098. Contributions to the Stop Homelessness Fund

“(a) In general—Every individual, with respect to the taxpayer’s return for the taxable year of the tax imposed by chapter 1—

“(1) may designate that a specified portion (not less than $1) of any overpayment of tax shall be paid over to the Stop Homelessness Fund in accordance with the provisions of section 9512, and

“(2) in addition to any payment (if any) under paragraph (1), may make a contribution to the United States of an additional amount which shall be paid over to such Fund.

“(b) Manner and time of designation and contribution—A designation and contribution under subsection (a) may be made with respect to any taxable year—

“(1) at the time of filing the return of the tax imposed by chapter 1 for such taxable year, or

“(2) at any other time (after such time of filing) specified in regulations prescribed by the Secretary.

“(c) Overpayments treated as refunded—For purposes of this title, any portion of an overpayment of tax designated under subsection (a) shall be treated as—

“(1) 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

“(2) a contribution made by such taxpayer on such date to the United States.”

“9512. Stop Homelessness Fund

“(a) Creation of trust fund—There is established in the Treasury of the United States a trust fund to be known as the Stop Homelessness Fund, consisting of such amounts as may be appropriated or credited to such fund as provided in this section or section 9602(b).

“(b) Transfers to trust fund—There are hereby appropriated to the Stop Homelessness Fund amounts equal to the product of—

“(1) 2, multiplied by

“(2) the amounts designated and contributed under section 6098.

“(c) Expenditures—Amounts in the Stop Homelessness Fund shall be available (and shall remain available until expended) to the Secretary of Housing and Urban Development, in consultation with the Interagency Council on Homelessness, the Secretary of Labor, the Secretary of Veterans Affairs, and the Secretary of Health and Human Services, for the purpose of providing housing and services to homeless and formerly homeless individuals through the development and implementation of new and innovative strategies and existing evidence-based programs to prevent and end homelessness.

“(d) Advance notice—The Secretary Housing and Urban Development shall submit a detailed expenditure plan for any amounts in the Stop Homelessness Fund to the Committee on Financial Services and the Committee on Appropriations of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs and the Committee on Appropriations of the Senate not later than 60 days prior to any expenditure of such amounts.

“(e) President’s annual budget information—Beginning with the President’s annual budget submission for fiscal year 2019 and every year thereafter, the Secretary of Housing and Urban Development shall include a description of the use of funds from the Stop Homelessness Fund from the previous fiscal year and the proposed use of such funds for the next fiscal year.”