* § 209-N. Retired and rescued thoroughbred race horse aftercare.
Effective for any tax year commencing on or after the effective date of
this section, a taxpayer in any taxable year may elect to contribute to
the New York state thoroughbred breeding and development fund
established pursuant to section two hundred fifty-two of the racing,
pari-mutuel wagering and breeding law, for the purpose of funding the
operation of retired race horse aftercare facilities. Any contributions
made to the thoroughbred breeding and development fund pursuant to this
section shall be deposited into a dedicated account managed by the fund,
which shall solely be used for funding the operation of retired race
horse aftercare facilities, with a preference for those organizations
that are accredited horse retirement and rescue programs. Such
contribution shall be in any whole dollar amount and shall not reduce
the amount of the state tax owed by such taxpayer. The commissioner
shall include space on the corporate income tax return to enable a
taxpayer to make such contribution. Notwithstanding any other provision
of law, all revenues collected pursuant to this section shall be
credited to the New York state thoroughbred retirement race horse and
aftercare fund and shall be used only for those purposes set forth in
paragraph h of subdivision two of section two hundred fifty-four of the
racing, pari-mutuel wagering and breeding law.

* NB Effective January 1, 2022