S T A T E   O F   N E W   Y O R K
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                                 3408--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            February 1, 2013
                               ___________

Introduced  by  Sens. ADDABBO, LARKIN, SAMPSON -- read twice and ordered
  printed, and when printed to be committed to the Committee on Investi-
  gations and Government Operations -- recommitted to the  Committee  on
  Investigations  and  Government  Operations  in accordance with Senate
  Rule  6,  sec.  8  --  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
  gifts for the support of veterans service organizations

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  The  tax  law is amended by adding a new section 630-d to
read as follows:
  S 630-D. GIFT TO THE VETERANS SERVICE  ORGANIZATIONS  FUND.  EFFECTIVE
FOR  ANY  TAX  YEAR  COMMENCING  ON OR AFTER JANUARY FIRST, TWO THOUSAND
FOURTEEN, AN INDIVIDUAL MAY ELECT TO CONTRIBUTE TO THE VETERANS  SERVICE
ORGANIZATIONS  FUND  CREATED  PURSUANT  TO  SECTION NINETY-NINE-V OF THE
STATE FINANCE LAW FOR THE SUPPORT OF VETERANS SERVICE ORGANIZATIONS, WHO
HELP ASSIST VETERANS IN GAINING ACCESS TO DEPARTMENT OF VETERANS AFFAIRS
BENEFITS THEY ARE ENTITLED TO. SUCH CONTRIBUTION SHALL BE IN  ANY  WHOLE
DOLLAR  AMOUNT AND SHALL NOT REDUCE THE AMOUNT OF TAX OWED BY SUCH INDI-
VIDUAL. THE COMMISSIONER SHALL INCLUDE SPACE ON THE PERSONAL INCOME  TAX
RETURN  TO  ENABLE A TAXPAYER TO MAKE SUCH CONTRIBUTION. NOTWITHSTANDING
ANY OTHER PROVISION OF LAW,  ALL  REVENUE  COLLECTED  PURSUANT  TO  THIS
SECTION  SHALL BE CREDITED TO THE FUND AND USED ONLY FOR THE PURPOSES OF
THE VETERANS SERVICE ORGANIZATIONS.
  S 2. The state finance law is amended by adding a new section 99-v  to
read as follows:
  S  99-V.  VETERANS  SERVICE  ORGANIZATIONS  FUND.   1. THERE IS HEREBY
CREATED IN THE JOINT CUSTODY OF THE STATE COMPTROLLER  AND  THE  COMMIS-
SIONER  OF  TAXATION  AND  FINANCE  A  FUND TO BE KNOWN AS THE "VETERANS
SERVICE ORGANIZATIONS FUND".

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01019-02-4
              

S. 3408--A                          2

  2. SUCH FUND SHALL CONSIST OF ALL REVENUES RECEIVED BY THE  DEPARTMENT
OF  TAXATION  AND  FINANCE,  PURSUANT  TO  THE PROVISIONS OF SECTION SIX
HUNDRED THIRTY-D OF THE TAX LAW AND ALL OTHER MONEYS APPROPRIATED, CRED-
ITED, OR TRANSFERRED THERETO FROM ANY OTHER FUND OR SOURCE  PURSUANT  TO
LAW. FOR EACH STATE FISCAL YEAR, THERE SHALL BE APPROPRIATED TO THE FUND
BY  THE  STATE, IN ADDITION TO ALL OTHER MONEYS REQUIRED TO BE DEPOSITED
INTO SUCH FUND, AN AMOUNT EQUAL TO THE AMOUNTS OF MONEYS  COLLECTED  AND
DEPOSITED  INTO THE FUND PURSUANT TO SECTION SIX HUNDRED THIRTY-D OF THE
TAX LAW DURING THE PRECEDING CALENDAR YEAR, AS CERTIFIED  BY  THE  COMP-
TROLLER. NOTHING CONTAINED HEREIN SHALL PREVENT THE STATE FROM RECEIVING
GRANTS,  GIFTS  OR  BEQUESTS  FOR THE PURPOSES OF THE FUND AS DEFINED IN
THIS SECTION AND DEPOSITING THEM INTO THE FUND ACCORDING TO LAW.
  3. MONEYS OF THE FUND MAY BE INVESTED BY THE  STATE  COMPTROLLER,  AND
INCOME FROM THE INVESTMENTS OF MONEYS DEPOSITED TO THIS FUND PURSUANT TO
SECTION  SIX HUNDRED THIRTY-D OF THE TAX LAW SHALL BE CREDITED SOLELY TO
THIS FUND.
  S 3. This act shall take effect immediately.