A. 1506 Summary:

BILL NO    A01506A

SAME AS    
SAME AS S01238-A

SPONSOR    Zebrowski

COSPNSR    Aubry, Gunther, Hooper

MLTSPNSR   Cook, Hevesi


Amd 606, 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.
Go to top

A. 1506 Actions:

BILL NO    A01506A

01/12/2015 referred to ways and means
01/06/2016 referred to ways and means
01/21/2016 amend and recommit to ways and means
01/21/2016 print number 1506a
Go to top

A. 1506 Votes:

There are no votes for this bill in this legislative session.
Go to top

A. 1506 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A1506A
 
SPONSOR: Zebrowski (MS)
  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. Creat- ing 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, 2018.
Go to top

A. 1506 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         1506--A
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                    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 -- recommitted to the Committee on Ways
          and Means in accordance with Assembly Rule  3,  sec.  2  --  committee
          discharged, bill amended, ordered reprinted as amended and recommitted

          to said committee
 
        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    § 2. This act shall take effect immediately and shall apply to taxable
    22  years beginning on and after January 1, 2018.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00650-03-6
Go to top
Page display time = 0.0805 sec