Bill Text: NY S04517 | 2015-2016 | General Assembly | Introduced

New York Senate Bill 4517 (Prior Session Legislation)

Introduced

Bill Title: Provides for gifts on tax returns for autism awareness and research.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2015-11-20 - SIGNED CHAP.483 [S04517 Detail]

Download: New_York-2015-S04517-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         4517
                              2015-2016 Regular Sessions
                                   I N  S E N A T E
                                    March 25, 2015
                                      ___________
       Introduced  by  Sen.  LANZA  -- read twice and ordered printed, and when
         printed to be committed to the Committee on Investigations and Govern-
         ment Operations
       AN ACT to amend the tax law and the state finance law,  in  relation  to
         gifts for autism awareness and research
         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-d  to
    2  read as follows:
    3    S  630-D.  GIFT  FOR AUTISM AWARENESS AND RESEARCH.  EFFECTIVE FOR ANY
    4  TAX YEAR COMMENCING ON OR AFTER JANUARY FIRST, TWO THOUSAND SIXTEEN,  AN
    5  INDIVIDUAL  IN  ANY TAXABLE YEAR MAY ELECT TO CONTRIBUTE TO THE NEW YORK
    6  STATE AUTISM AWARENESS AND RESEARCH FUND FOR AUTISM  AWARENESS  PROJECTS
    7  AND  AUTISM  RESEARCH  PROJECTS.  THE CONTRIBUTION SHALL BE IN ANY WHOLE
    8  DOLLAR AMOUNT AND SHALL NOT REDUCE THE AMOUNT OF STATE TAX OWED BY  SUCH
    9  INDIVIDUAL.  THE COMMISSIONER SHALL INCLUDE SPACE ON THE PERSONAL INCOME
   10  TAX RETURN TO ENABLE A TAXPAYER TO MAKE SUCH CONTRIBUTION. NOTWITHSTAND-
   11  ING ANY OTHER PROVISION OF LAW ALL REVENUES COLLECTED PURSUANT  TO  THIS
   12  SECTION  SHALL  BE  CREDITED  TO THE NEW YORK STATE AUTISM AWARENESS AND
   13  RESEARCH FUND AND USED ONLY FOR THOSE  PURPOSES  ENUMERATED  IN  SECTION
   14  NINETY-FIVE-E  OF  THE  STATE  FINANCE  LAW,  AS  ADDED BY CHAPTER THREE
   15  HUNDRED ONE OF THE LAWS OF TWO THOUSAND FOUR.
   16    S 2. Subdivision 2 of section 95-e of the state finance law, as  added
   17  by chapter 301 of the laws of 2004, is amended to read as follows:
   18    2.  Such  fund  shall consist of all revenues received pursuant to the
   19  provisions of section four hundred four-v of  the  vehicle  and  traffic
   20  law,  AS  ADDED BY CHAPTER THREE HUNDRED ONE OF THE LAWS OF TWO THOUSAND
   21  FOUR, ALL REVENUES RECEIVED PURSUANT TO SECTION SIX HUNDRED THIRTY-D  OF
   22  THE  TAX LAW and all other moneys appropriated, credited, or transferred
   23  thereto from any other fund or source pursuant to law. Nothing contained
   24  in this section shall prevent the state from receiving grants, gifts  or
   25  bequests  for  the  purposes  of the fund as defined in this section and
   26  depositing them into the fund according to law.
   27    S 3. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD00859-01-5