Bill Text: NY S04246 | 2019-2020 | General Assembly | Introduced
Bill Title: Establishes an inmate minimum wage increase fund to receive contributions for the support of an increase in wages for incarcerated individuals participating in work programs through a personal income tax return check-off; provides that for tax years after January 1, 2020, any individual may elect to contribute to such fund by indicating such intent on a tax form.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2020-01-08 - REFERRED TO BUDGET AND REVENUE [S04246 Detail]
Download: New_York-2019-S04246-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 4246 2019-2020 Regular Sessions IN SENATE March 5, 2019 ___________ Introduced by Sen. FUNKE -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law and the state finance law, in relation to support for a minimum wage increase for inmates 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-g to 2 read as follows: 3 § 630-g. Gift for minimum wage increase for inmates. Effective for any 4 tax year commencing on or after January first, two thousand twenty, an 5 individual may elect to contribute to the inmate minimum wage increase 6 fund created pursuant to section ninety-seven-yyyy of the state finance 7 law for the support of wage increases for incarcerated individuals 8 participating in work programs. Such contributions shall be in any whole 9 dollar amount and shall not reduce the amount of tax owed by such indi- 10 vidual. The commissioner shall include space on the personal income tax 11 return to enable a taxpayer to make such contribution. Notwithstanding 12 any other provision of law, all revenue collected pursuant to this 13 section shall be credited to the inmate minimum wage increase fun estab- 14 lished by section ninety-seven-yyyy of the state finance law and used 15 only for the purposes of providing a wage increase to incarcerated indi- 16 viduals involved in work programs. 17 § 2. The state finance law is amended by adding a new section 97-yyyy 18 to read as follows: 19 § 97-yyyy. Inmate minimum wage increase fund. 1. There is hereby 20 created in the joint custody of the state comptroller and the commis- 21 sioner of taxation and finance a fund to be known as the "inmate minimum 22 wage increase fund". 23 2. Such fund shall consist of all revenues received by the department 24 of taxation and finance, pursuant to the provisions of section six 25 hundred thirty-g of the tax law and all other moneys appropriated, cred- EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10410-01-9S. 4246 2 1 ited, or transferred thereto from any other fund or source pursuant to 2 law. Nothing contained herein shall prevent the state from receiving 3 grants, gifts or bequests for the purposes of the fund as defined in 4 this section and depositing them into the fund according to law. 5 3. Moneys of the fund may be invested by the state comptroller, and 6 income from the investments of moneys deposited to this fund pursuant to 7 section six hundred thirty-g of the tax law shall be credited solely to 8 this fund. 9 § 3. This act shall take effect immediately.
