Bill Text: NY S00142 | 2017-2018 | General Assembly | Amended
Bill Title: Grants personal income taxpayers the ability to make a gift to the state parks on their tax returns; establishes the state parks fund to provide monies to the office of parks, recreation and historic preservation for the operation and maintenance of the state parks.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2018-01-24 - PRINT NUMBER 142A [S00142 Detail]
Download: New_York-2017-S00142-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 142--A 2017-2018 Regular Sessions IN SENATE (Prefiled) January 4, 2017 ___________ Introduced by Sens. LITTLE, RITCHIE -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations -- recommitted to the Committee on Investi- gations and Government Operations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to establishing the gift to state parks on personal income tax forms; and to amend the state finance law, in relation to establishing the state parks fund The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The tax law is amended by adding a new section 630-f to 2 read as follows: 3 § 630-f. Gift to state parks. Effective for any tax year commencing on 4 or after January first, two thousand eighteen, an individual in any 5 taxable year may elect to contribute to the state parks fund. Such 6 contribution shall be in any whole dollar amount and shall not reduce 7 the amount of state tax owed by such individual. The commissioner shall 8 include space on the personal income tax return form to enable a taxpay- 9 er to make such contribution. Notwithstanding any other provision of 10 law, all revenue collected pursuant to this section shall be paid to the 11 state parks fund established pursuant to section eighty-three-b of the 12 state finance law. 13 § 2. The state finance law is amended by adding a new section 83-b to 14 read as follows: 15 § 83-b. State parks fund. 1. A special fund to be known as the "state 16 parks fund" is hereby established in the joint custody of the state 17 comptroller and the commissioner of taxation and finance. 18 2. The fund shall consist of all monies transferred to such fund 19 pursuant to law, all monies required by any provision of law to be paid EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00195-02-8S. 142--A 2 1 or credited to the fund, all monies from gifts pursuant to section six 2 hundred thirty-f of the tax law and any interest earnings which may 3 accrue from investment of monies in the fund. Nothing in this section 4 shall be deemed to prevent the state from receiving grants, gifts or 5 bequests for the purposes of the fund as defined in this section and 6 depositing them into the fund according to law. 7 3. Monies of the fund, when appropriated, shall be made available to 8 the office of parks, recreation and historic preservation for the opera- 9 tion and maintenance of state parks pursuant to the parks, recreation 10 and historic preservation law. 11 4. Monies shall be payable from the fund on the audit and warrant of 12 the state comptroller on vouchers approved and certified by the commis- 13 sioner of parks, recreation and historic preservation. 14 § 3. This act shall take effect immediately.