STATE OF NEW YORK
________________________________________________________________________
4473
2023-2024 Regular Sessions
IN SENATE
February 9, 2023
___________
Introduced by Sen. STEC -- read twice and ordered printed, and when
printed to be committed to the Committee on Investigations and Govern-
ment Operations
AN ACT to amend the tax law, in relation to creating a tax credit for
taxpayers who donate equipment or materials to first responder live
training programs
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 26-a to read
2 as follows:
3 § 26-a. First responder live training credit. (a) Allowance of credit.
4 A taxpayer subject to tax under articles nine, nine-A, or twenty-two of
5 this chapter shall be allowed a credit against such tax provided the
6 taxpayer donates equipment or materials to first responder live training
7 programs.
8 (b) Value of credit. The credit shall be equal to the residual value
9 of the items as determined by generally accepted accounting principles,
10 not to exceed three thousand dollars per tax year.
11 (c) Definitions. As used in this section, the following terms shall
12 have the following meanings:
13 (1) "first responder" shall mean local police, fire, emergency
14 services, and hospital or clinical staff; and
15 (2) "live training program" shall mean any training program or session
16 at least half of which is scenario based and takes place outside of a
17 classroom setting.
18 (d) Required documentation. The taxpayer must submit sufficient
19 documentation to allow residual value of the donation to be determined
20 to the satisfaction of the commissioner. The taxpayer must also submit
21 proof that the donated items were desired by the organization sponsoring
22 the relevant training program, and that such training programs did actu-
23 ally occur.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09253-01-3
S. 4473 2
1 (e) When credit allowed. The credit provided for in subdivision (a) of
2 this section shall be allowed for any taxable year in which costs relat-
3 ing to donating or transporting equipment or materials are paid are
4 incurred.
5 (f) Destruction of donated materials. Nothing in this section shall be
6 interpreted to preclude donated items or materials from, with agreement
7 of the relevant sponsoring organization, being moved to a wrecking yard
8 after the training program has concluded; however, this must be done at
9 the expense of the original owner or at the expense of the wrecking
10 yard.
11 (g) Cross-references. For application of the credit provided for in
12 this section, see the following provisions of this chapter:
13 (1) article 9: section 187-n.
14 (2) article 9-A: section 210-B: subdivision 21.
15 (3) article 22: section 606: subsection (ii).
16 § 2. This act shall take effect on the ninetieth day after it shall
17 have become a law. Effective immediately, the addition, amendment
18 and/or repeal of any rule or regulation necessary for the implementation
19 of this act on its effective date are authorized to be made and
20 completed on or before such effective date.