A. 1506 Summary:

BILL NO    A01506 

SAME AS    SAME AS S01238

SPONSOR    Zebrowski (MS)

COSPNSR    Aubry, Gunther, Hooper

MLTSPNSR   Cook, Hevesi

Amd S606, Tax L

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.
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A. 1506 Actions:

BILL NO    A01506 

01/12/2015 referred to ways and means
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A. 1506 Votes:

There are no votes for this bill in this legislative session.
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A. 1506 Memo:

BILL NUMBER:A1506

TITLE  OF BILL:  An act to amend the tax law, in relation to providing
a tax credit for certain taxpayers who donate blood

PURPOSE OF THE BILL: Establishes a  personal  income  tax  credit  for
taxpayers  who  donate  blood  to a blood bank four or more times in a
year.

SUMMARY OF PROVISIONS: Section 1 of the bill amends section 606 of the
tax law as it relates to the allowance of credit for  a  taxpayer  who
donates  blood  four  or  more  times  in  a year to a blood bank. The
taxpayer shall be eligible for a tax credit of five hundred dollars.

JUSTIFICATION: This bill would encourage blood donations from New York
taxpayers and allow our blood banks to maintain an adequate  level  of
donations.  Creating an incentive for people to regularly donate blood
will ensure that our blood supply will be maintained  at  an  adequate
level.  Blood banks often have a depleted supply of blood which places
the general public at risk if a high need arises.

PRIOR LEGISLATIVE HISTORY: A.1310 of 2013-2014, A.3117  of  2011-2012,
A.8218 of 2009-2010.

FISCAL IMPLICATIONS FOR STATE: To be determined.

EFFECTIVE DATE: This act shall take effect immediately and shall apply
to taxable years beginning on and after January 1, 2017.
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A. 1506 Text:

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________

                                         1506

                              2015-2016 Regular Sessions

                                 I N  A S S E M B L Y

                                   January 12, 2015
                                      ___________

       Introduced  by M. of A. ZEBROWSKI, AUBRY, GUNTHER, HOOPER -- Multi-Spon-
         sored by -- M. of A.  COOK, HEVESI -- 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 (ccc) to read as follows:
    3    (CCC) 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, 2017.

        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD00650-01-5
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