Bill Text: NY A09682 | 2015-2016 | General Assembly | Introduced


Bill Title: Establishes an arts fund to receive contributions for the support of the New York state council on the arts through a personal income tax return check-off; provides that for tax years after January 1, 2016, any individual may elect to contribute to the arts fund by indicating such intent on a tax form.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-03-29 - referred to ways and means [A09682 Detail]

Download: New_York-2015-A09682-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          9682
                   IN ASSEMBLY
                                     March 29, 2016
                                       ___________
        Introduced by M. of A. MARKEY -- read once and referred to the Committee
          on Ways and Means
        AN  ACT  to  amend the tax law and the state finance law, in relation to
          gifts for the support of the New York state council on the arts
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  The  legislature hereby finds and determines that, due to
     2  severe budgetary constraints, the amount of state  funds  available  for
     3  the  support  of the New York state council on the arts has been sharply
     4  diminished over the past few years.  This decrease in support has had  a
     5  devastating  effect  upon  many  of New York's cultural institutions, as
     6  well as many related or dependent businesses and employees. Accordingly,
     7  the legislature hereby finds and determines that taxpayers of the  state
     8  of  New  York  should  have  the  opportunity  to use the New York state
     9  personal income tax form as a mechanism for  making  voluntary  contrib-
    10  utions  for the support of the New York state council on the arts. It is
    11  the intent of the  legislature  that  any  funds  so  contributed  shall
    12  supplement  and  not  offset  or diminish in any way the amount of funds
    13  made available to the New York state council on  the  arts  pursuant  to
    14  annual budget appropriations.
    15    §  2.  The tax law is amended by adding a new section 630-e to read as
    16  follows:
    17    § 630-e. Gift to the arts fund. Effective for any tax year  commencing
    18  on or after January first, two thousand sixteen, an individual may elect
    19  to  contribute  to the arts fund created pursuant to section ninety-sev-
    20  en-yyyy of the state finance law for the support of the New  York  state
    21  council  on  the  arts.  Such  contribution shall be in any whole dollar
    22  amount and shall not reduce the amount of tax owed by  such  individual.
    23  The  commissioner  shall include space on the personal income tax return
    24  to enable a taxpayer to  make  such  contribution.  Notwithstanding  any
    25  other  provision  of law, all revenue collected pursuant to this section
    26  shall be credited to the arts fund established by section  ninety-seven-
    27  yyyy  of the state finance law and used only for the purposes of the New
    28  York state council on the arts.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04316-05-6
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