* § 209-O. Retired and rescued standardbred 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 agriculture and New York horse breeding and development fund
established pursuant to section three hundred thirty 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 agriculture and New York state horse breeding 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 standardbred retirement race horse and
aftercare fund and shall be used only for those purposes enumerated in
paragraph j of subdivision one of section three hundred thirty-two of
the racing, pari-mutuel wagering and breeding law.

* NB Effective January 1, 2022