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