Bill Text: NY S07844 | 2021-2022 | General Assembly | Introduced
Bill Title: Replaces the word gun with firearm in regards to the firearm violence research fund.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2022-03-18 - SIGNED CHAP.169 [S07844 Detail]
Download: New_York-2021-S07844-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 7844 IN SENATE January 12, 2022 ___________ Introduced by Sen. REICHLIN-MELNICK -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the tax law, in relation to taxpayer gifts for firearm violence research; and to repeal section 86 of the state finance law relating to the gun violence research fund The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 630-i of the tax law, as added by a chapter of the 2 laws of 2021 amending the tax law relating to providing taxpayer gifts 3 for gun violence research and amending the state finance law relating to 4 establishing the gun violence research fund, as proposed in legislative 5 bills numbers S. 5952 and A. 2111, is amended to read as follows: 6 § 630-i. Gift for the [gun] firearm violence research fund. Effective 7 for any tax year commencing on or after January first, two thousand 8 twenty-one, a taxpayer in any taxable year may elect to contribute to 9 the [gun] firearm violence research fund established pursuant to section 10 [eighty-six] ninety-seven-j of the state finance law. Such contribution 11 shall be in any whole dollar amount and shall not reduce the amount of 12 state tax owed by such taxpayer. The commissioner shall include space on 13 the personal income tax return to enable a taxpayer to make such 14 contribution. Notwithstanding any other provision of law, all revenues 15 collected pursuant to this section shall be credited to the [gun] 16 firearm violence research fund and used only for those purposes enumer- 17 ated in section [eighty-six] ninety-seven-j of the state finance law. 18 § 2. Section 86 of the state finance law, as added by a chapter of the 19 laws of 2021 amending the tax law relating to providing taxpayer gifts 20 for gun violence research and amending the state finance law relating to 21 establishing the gun violence research fund, as proposed in legislative 22 bills numbers S. 5952 and A. 2111, is REPEALED. 23 § 3. This act shall take effect on the same date and in the same 24 manner as a chapter of the laws of 2021 amending the tax law relating to 25 providing taxpayer gifts for gun violence research and amending the 26 state finance law relating to establishing the gun violence research 27 fund, as proposed in legislative bills numbers S. 5952 and A. 2111, 28 takes effect. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01111-02-2