A04507 Summary:

BILL NOA04507
 
SAME ASNo Same As
 
SPONSORClark
 
COSPNSR
 
MLTSPNSRSolages
 
Amd S612, Tax L
 
Provides for a personal income tax deduction not to exceed two hundred dollars for monetary gifts to a public library; provides such monetary gifts must be used for the purchase of books or towards acquisition of computers and software by the library; directs library to issue a receipt for such donation.
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A04507 Actions:

BILL NOA04507
 
02/03/2015referred to ways and means
01/06/2016referred to ways and means
03/03/2016enacting clause stricken
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A04507 Committee Votes:

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A04507 Floor Votes:

There are no votes for this bill in this legislative session.
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A04507 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4507
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 3, 2015
                                       ___________
 
        Introduced  by M. of A. CLARK -- read once and referred to the Committee
          on Ways and Means
 
        AN ACT to amend the tax law, in relation to  making  monetary  gifts  to
          libraries
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subsection (c) of section 612 of the tax law is amended  by
     2  adding a new paragraph 42 to read as follows:
     3    (42) An amount not to exceed two hundred dollars for monetary gifts to
     4  any  library  in  the  state  of  New  York as defined under section two
     5  hundred fifty-three of the education law. The money must be used by  the
     6  particular  library only for the purchase of books and library materials
     7  or towards the acquisition of computers and  software  by  the  library.
     8  When  the  gift  or  gifts are made by the individual, the library shall
     9  provide that individual with an official receipt.
    10    § 2. This act shall take effect immediately and  shall  apply  to  tax
    11  years beginning on or after January 1, 2016.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08575-01-5
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