Bill Text: NY A05159 | 2017-2018 | General Assembly | Introduced

New York Assembly Bill 5159 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Provides a tax check off box on personal income tax return forms for gifts for the life pass it on trust fund for gifts for organ and tissue donation outreach and research and provides for certain reporting requirements for such fund.

Spectrum: Strong Partisan Bill (Democrat 13-1)

Status: (Passed) 2018-08-24 - signed chap.215 [A05159 Detail]

Download: New_York-2017-A05159-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          5159
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    February 6, 2017
                                       ___________
        Introduced  by  M.  of A. TITUS, BENEDETTO, PEOPLES-STOKES, SCHIMMINGER,
          COLTON, JAFFEE, GALEF, CAHILL  --  Multi-Sponsored  by  --  M.  of  A.
          McLAUGHLIN, RIVERA, ZEBROWSKI -- read once and referred to the Commit-
          tee on Ways and Means
        AN  ACT  to  amend the tax law, in relation to providing a tax check off
          box on personal income tax return forms for the life pass it on  trust
          fund
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. The tax law is amended by adding a  new  section  630-e  to
     2  read as follows:
     3    §  630-e.  Gift  for  organ and tissue donation outreach and research.
     4  Effective for any tax year commencing on or  after  January  first,  two
     5  thousand  eighteen,  an  individual  in  any  taxable  year may elect to
     6  contribute to the life pass it on trust fund.  The contribution shall be
     7  in any whole dollar amount and shall not reduce the amount of state  tax
     8  owed  by  such  individual.  The commissioner shall include space on the
     9  personal income tax return to enable a taxpayer to  make  such  contrib-
    10  ution. Notwithstanding any other provision of law all revenues collected
    11  pursuant  to this section shall be credited to the life pass it on trust
    12  fund  and  used  only  for  those   purposes   enumerated   in   section
    13  ninety-five-d of the state finance law, as added by chapter four hundred
    14  fifteen of the laws of two thousand three.
    15    §  2. This act shall take effect on the first of January next succeed-
    16  ing the date on which it shall have become a  law  and  shall  apply  to
    17  taxable  years  beginning on or after such date, provided, however, that
    18  effective immediately, all actions and procedures with  respect  to  the
    19  proposed  adoption, amendment, suspension or repeal of any rule or regu-
    20  lation necessary for the timely implementation of this act are  directed
    21  and  authorized  to  be  made  and completed on or before such effective
    22  date.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01993-01-7