Bill Text: NY A03117 | 2011-2012 | General Assembly | Introduced

---

Bill Title: Establishes a personal income tax credit for taxpayers who donate blood to a blood bank four or more times in a year; specifies such tax credit to be five hundred dollars.

Spectrum: Moderate Partisan Bill (Democrat 9-1)

Status: (Introduced - Dead) 2012-01-04 - referred to ways and means [A03117 Detail]

Download: New_York-2011-A03117-Introduced.html

---

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         3117
                              2011-2012 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 24, 2011
                                      ___________
       Introduced  by M. of A. ZEBROWSKI, AUBRY, GUNTHER, SPANO, CASTRO, HOOPER
         -- Multi-Sponsored by -- M. of A. COOK, HEVESI, PHEFFER, WEISENBERG --
         read once and referred to the Committee on Ways and Means
       AN ACT to amend the tax law, in relation to providing a tax  credit  for
         certain taxpayers who donate blood
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 606 of the tax law  is  amended  by  adding  a  new
    2  subsection (ss) to read as follows:
    3    (SS)  BLOOD  DONATION  CREDIT. (1) ALLOWANCE OF CREDIT. A TAXPAYER WHO
    4  DONATES BLOOD FOUR OR MORE TIMES IN A YEAR TO A BLOOD BANK THAT HAS BEEN
    5  ISSUED A VALID PERMIT AS PROVIDED IN SECTION FIVE  HUNDRED  SEVENTY-FIVE
    6  OF  THE  PUBLIC  HEALTH  LAW  SHALL  BE  ALLOWED A CREDIT AS HEREINAFTER
    7  PROVIDED, AGAINST THE TAX IMPOSED BY THIS ARTICLE.  THE  AMOUNT  OF  THE
    8  CREDIT  SHALL  BE  FIVE  HUNDRED  DOLLARS.  FOR  THE  PURPOSES  OF  THIS
    9  SUBSECTION, "BLOOD BANK" MEANS A FACILITY FOR THE  COLLECTION,  PROCESS-
   10  ING,  STORAGE  AND/OR  DISTRIBUTION  OF HUMAN BLOOD, BLOOD COMPONENTS OR
   11  BLOOD DERIVATIVES.
   12    (2) APPLICATION OF CREDIT. IF THE AMOUNT OF THE CREDIT  ALLOWED  UNDER
   13  THIS SUBSECTION FOR ANY TAXABLE YEAR SHALL EXCEED THE TAXPAYER'S TAX FOR
   14  SUCH  YEAR,  THE  EXCESS SHALL BE TREATED AS AN OVERPAYMENT OF TAX TO BE
   15  CREDITED OR REFUNDED IN ACCORDANCE WITH THE PROVISIONS  OF  SECTION  SIX
   16  HUNDRED  EIGHTY-SIX OF THIS ARTICLE, PROVIDED, HOWEVER, THAT NO INTEREST
   17  SHALL BE PAID THEREON.
   18    (3) PROOF OF CLAIM. THE COMMISSIONER MAY REQUIRE A QUALIFIED  TAXPAYER
   19  TO  FURNISH PROOF OF HIS OR HER BLOOD DONATIONS IN SUPPORT OF HIS OR HER
   20  CLAIM FOR CREDIT UNDER THIS SUBSECTION.
   21    S 2. This act shall take effect immediately and shall apply to taxable
   22  years beginning on and after January 1, 2013.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD00820-01-1