Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2010 |
referred to investigations and government operations |
Feb 02, 2009 |
referred to investigations and government operations |
Senate Bill S1497
2009-2010 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
(R, C, IP) Senate District
(R, C) 53rd Senate District
(R, C, IP) Senate District
(R) Senate District
2009-S1497 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A1916
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd ยง612, Tax L
- Versions Introduced in Other Legislative Sessions:
-
2011-2012:
A2352
2013-2014: A2374
2015-2016: A4507
2009-S1497 (ACTIVE) - Summary
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.
2009-S1497 (ACTIVE) - Sponsor Memo
BILL NUMBER : S1497 TITLE OF BILL : An act to amend the tax law, in relation to making monetary gifts to libraries PURPOSE : To encourage private donations to public libraries. SUMMARY OF PROVISIONS : Section 1 -- Adds a new paragraph 39 to subsection (c) of section 612 of the Tax Law. This paragraph creates a personal income tax credit of up to $200 for donations made to public libraries. The paragraph specifies what materials the donation must be used to purchase. Section 2 -- Effective date. JUSTIFICATION : Public libraries provide a tremendous service to their communities. Unfortunately, throughout New York State, public libraries, like many other public institutions, are facing financial difficulties. This legislation creates a $200 personal income tax credit for those who make contributions to libraries. This tax credit will encourage New Yorkers to provide badly needed assistance to these very important
2009-S1497 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1497 2009-2010 Regular Sessions I N S E N A T E February 2, 2009 ___________ Introduced by Sens. DeFRANCISCO, GRIFFO, MAZIARZ, MORAHAN, SEWARD, VOLK- ER -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations 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: Section 1. Subsection (c) of section 612 of the tax law is amended by adding a new paragraph 39 to read as follows: (39) AN AMOUNT NOT TO EXCEED TWO HUNDRED DOLLARS FOR MONETARY GIFTS TO ANY LIBRARY IN THE STATE OF NEW YORK AS DEFINED UNDER SECTION TWO HUNDRED FIFTY-THREE OF THE EDUCATION LAW. THE MONEY MUST BE USED BY THE PARTICULAR LIBRARY ONLY FOR THE PURCHASE OF BOOKS AND LIBRARY MATERIALS OR TOWARDS THE ACQUISITION OF COMPUTERS AND SOFTWARE BY THE LIBRARY. WHEN THE GIFT OR GIFTS ARE MADE BY THE INDIVIDUAL, THE LIBRARY SHALL PROVIDE THAT INDIVIDUAL WITH AN OFFICIAL RECEIPT. S 2. This act shall take effect immediately and shall apply to tax years beginning on or after January 1, 2010. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02127-01-9
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.