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A01836 Summary:

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A01836 Floor Votes:

A01836 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         1836--A
 
                               2013-2014 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 9, 2013
                                       ___________
 
        Introduced  by  M.  of A. GALEF, PAULIN, PERRY, MILLMAN, BOYLAND, CLARK,
          MAGEE, ROBINSON, GUNTHER, SCHIMMINGER,  ROBERTS,  SOLAGES,  JAFFEE  --
          Multi-Sponsored by -- M. of A. BARRON, CERETTO, COLTON, CORWIN, DINOW-
          ITZ,   DUPREY,  FINCH,  GABRYSZAK,  GIGLIO,  HAWLEY,  HOOPER,  LAVINE,

          P. LOPEZ, LUPINACCI, MAISEL,  McDONALD,  McDONOUGH,  McKEVITT,  ORTIZ,
          PEOPLES-STOKES, RAIA, RIVERA, SALADINO, SWEENEY, THIELE, WEISENBERG --
          read once and referred to the Committee on Ways and Means -- committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee
 
        AN  ACT  to  amend the tax law and the state finance law, in relation to
          the love your library fund
 
          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 209-I to
     2  read as follows:
     3    § 209-I. Gift to the love your library fund.  Effective  for  any  tax
     4  year  commencing  on  or  after  January first, two thousand fourteen, a

     5  taxpayer in any taxable year may elect to contribute to  the  love  your
     6  library  fund. Such contribution shall be in any whole dollar amount and
     7  shall not reduce the amount of the state tax owed by such taxpayer.  The
     8  commissioner  shall  include space on the corporate income tax return to
     9  enable a taxpayer to make such contribution. Notwithstanding  any  other
    10  provision  of law, all revenues collected pursuant to this section shall
    11  be credited to the love your library fund and shall  be  used  only  for
    12  those  purposes enumerated in section ninety-nine-l of the state finance
    13  law, as added by chapter three hundred three of the laws of two thousand
    14  four.
    15    § 2. The tax law is amended by adding a new section 630-d to  read  as
    16  follows:
 

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02863-02-3
        A. 1836--A                          2
 
     1    §  630-d.  Gift  to  the love your library fund. Effective for any tax
     2  year commencing on or after January first,  two  thousand  fourteen,  an
     3  individual  in any taxable year may elect to contribute to the love your
     4  library fund. Such contribution shall be in any whole dollar amount  and
     5  shall  not  reduce  the amount of state tax owed by such individual. The
     6  commissioner shall include space on the personal income  tax  return  to

     7  enable  a  taxpayer to make such contribution. Notwithstanding any other
     8  provision of law all revenues collected pursuant to this  section  shall
     9  be  credited  to  the  love  your  library  fund and used only for those
    10  purposes enumerated in section ninety-nine-l of the state  finance  law,
    11  as  added  by  chapter  three  hundred three of the laws of two thousand
    12  four.
    13    § 3. Subdivision 2 of section 99-l of the state finance law, as  added
    14  by chapter 303 of the laws of 2004, is amended to read as follows:
    15    2.  Such fund shall consist of all revenues received by the department
    16  of motor vehicles pursuant to section four hundred four-v of the vehicle
    17  and traffic law, as added by chapter three hundred three of the laws  of

    18  two  thousand four, all the revenues received by the department of taxa-
    19  tion and finance pursuant to sections two hundred nine-I and six hundred
    20  thirty-d of the tax law and all other moneys appropriated, credited,  or
    21  transferred thereto from any other fund or source pursuant to law.
    22    § 4. This act shall take effect immediately.