Bill Text: NY A02374 | 2013-2014 | General Assembly | Introduced

New York Assembly Bill 2374 (Prior Session Legislation)

Introduced

Bill Title: 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.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-01-08 - referred to ways and means [A02374 Detail]

Download: New_York-2013-A02374-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2374
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 14, 2013
                                      ___________
       Introduced  by M. of A. CLARK -- read once and referred to the Committee
         on Ways and Means
       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:
    1    Section 1. Subsection (c) of section 612 of the tax law is amended  by
    2  adding a new paragraph 39 to read as follows:
    3    (39) AN AMOUNT NOT TO EXCEED TWO HUNDRED DOLLARS FOR MONETARY GIFTS TO
    4  ANY  LIBRARY  IN  THE  STATE  OF  NEW  YORK AS DEFINED UNDER SECTION TWO
    5  HUNDRED FIFTY-THREE OF THE EDUCATION LAW. THE MONEY MUST BE USED BY  THE
    6  PARTICULAR  LIBRARY ONLY FOR THE PURCHASE OF BOOKS AND LIBRARY MATERIALS
    7  OR TOWARDS THE ACQUISITION OF COMPUTERS AND  SOFTWARE  BY  THE  LIBRARY.
    8  WHEN  THE  GIFT  OR  GIFTS ARE MADE BY THE INDIVIDUAL, THE LIBRARY SHALL
    9  PROVIDE THAT INDIVIDUAL WITH AN OFFICIAL RECEIPT.
   10    S 2. This act shall take effect immediately and  shall  apply  to  tax
   11  years beginning on or after January 1, 2014.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD06321-01-3