Bill Text: NY S04503 | 2019-2020 | 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: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO BUDGET AND REVENUE [S04503 Detail]

Download: New_York-2019-S04503-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________
                                          4503
                               2019-2020 Regular Sessions
                    IN SENATE
                                     March 13, 2019
                                       ___________
        Introduced  by  Sens. PARKER, KENNEDY -- read twice and ordered printed,
          and when printed to be committed to the Committee on Budget and Reven-
          ue
        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 (jjj) to read as follows:
     3    (jjj)  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    § 2. This act shall take effect immediately and shall apply to taxable
    22  years beginning on and after January 1, 2021.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06489-01-9