Bill Text: NY S03596 | 2011-2012 | General Assembly | Introduced
Bill Title: Provides a tax checkoff box on personal income tax return forms for gifts for the life pass it on trust fund for gifts for organ and tissue donation outreach and research.
Spectrum: Partisan Bill (Democrat 7-0)
Status: (Introduced - Dead) 2012-01-18 - PRINT NUMBER 3596A [S03596 Detail]
Download: New_York-2011-S03596-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 3596 2011-2012 Regular Sessions I N S E N A T E February 28, 2011 ___________ Introduced by Sen. ADAMS -- 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, in relation to providing a tax check off box on personal income tax return forms for the life pass it on trust fund THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Part 2 of article 22 of the tax law is amended by adding a 2 new section 630-c to read as follows: 3 S 630-C. GIFT FOR ORGAN AND TISSUE DONATION OUTREACH AND RESEARCH. 4 EFFECTIVE FOR ANY TAX YEAR COMMENCING ON OR AFTER JANUARY FIRST, TWO 5 THOUSAND TWELVE, AN INDIVIDUAL IN ANY TAXABLE YEAR MAY ELECT TO CONTRIB- 6 UTE TO THE LIFE PASS IT ON TRUST FUND. THE CONTRIBUTION SHALL BE IN ANY 7 WHOLE DOLLAR AMOUNT AND SHALL NOT REDUCE THE AMOUNT OF STATE TAX OWED BY 8 SUCH INDIVIDUAL. THE COMMISSIONER SHALL INCLUDE SPACE ON THE PERSONAL 9 INCOME TAX RETURN TO ENABLE A TAXPAYER TO MAKE SUCH CONTRIBUTION. 10 NOTWITHSTANDING ANY OTHER PROVISION OF LAW ALL REVENUES COLLECTED PURSU- 11 ANT TO THIS SECTION SHALL BE CREDITED TO THE LIFE PASS IT ON TRUST FUND 12 AND USED ONLY FOR THOSE PURPOSES ENUMERATED IN SECTION NINETY-FIVE-D OF 13 THE STATE FINANCE LAW, AS ADDED BY CHAPTER FOUR HUNDRED FIFTEEN OF THE 14 LAWS OF TWO THOUSAND THREE. 15 S 2. This act shall take effect on December 31 in the year in which it 16 shall have become a law and shall apply to taxable years beginning after 17 such date, provided, however, that effective immediately, all actions 18 and procedures with respect to the proposed adoption, amendment, suspen- 19 sion or repeal of any rule or regulation necessary for the timely imple- 20 mentation of this act are directed and authorized to be made and 21 completed on or before such effective date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07513-01-1