Bill Text: NY S02497 | 2017-2018 | General Assembly | Introduced


Bill Title: Establishes a one-time personal income tax credit for up to $10,000 for the expenses incurred by a resident taxpayer in the course of donating his or her organs for transplantation; repeals the personal income tax modification, reducing federal adjusted income, for such expenses.

Spectrum: Moderate Partisan Bill (Republican 16-5)

Status: (Engrossed - Dead) 2018-01-03 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S02497 Detail]

Download: New_York-2017-S02497-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          2497
                               2017-2018 Regular Sessions
                    IN SENATE
                                    January 13, 2017
                                       ___________
        Introduced  by  Sens. HANNON, AKSHAR, AMEDORE, AVELLA, CARLUCCI, DeFRAN-
          CISCO, GALLIVAN, MARCHIONE, ORTT, RANZENHOFER, SERINO,  SEWARD,  YOUNG
          -- read twice and ordered printed, and when printed to be committed to
          the Committee on Investigations and Government Operations
        AN  ACT  to  amend  the  tax law, in relation to establishing a personal
          income tax credit for organ donations; and to repeal paragraph  38  of
          subsection  (c) of section 612 of such law in relation to the personal
          income tax modification, reducing federal adjusted income,  for  organ
          donations
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 606 of the tax law  is  amended  by  adding  a  new
     2  subsection (ccc) to read as follows:
     3    (ccc)  Organ donation credit. (1) A resident taxpayer shall be allowed
     4  a credit against the tax imposed by this article for qualified  expenses
     5  incurred, while living, in the course of such taxpayer's donation of one
     6  or  more  of  his  or  her  human  organs to another human being for the
     7  purpose of transplantation in such other human being. The credit  estab-
     8  lished by this subsection shall only be allowed in the tax year in which
     9  the  human organ transplantation occurs, and may only be claimed for one
    10  tax year during the taxpayer's lifetime.
    11    (2) For the purposes of this subsection, the term "qualified expenses"
    12  means the following unreimbursed expenses incurred by a resident taxpay-
    13  er related to his or her donation of his or her human  organ  or  organs
    14  for  donation  to another human being for the purpose of transplantation
    15  in such human being:
    16    (i) travel expenses;
    17    (ii) lodging expenses; and
    18    (iii) lost wages.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04493-01-7

        S. 2497                             2
     1    (3) For the purposes of this subsection, the term "human organ"  means
     2  all  or  part  of  a  liver,  pancreas,  kidney, intestine, lung or bone
     3  marrow.
     4    (4) The amount of the credit that may be claimed by a resident taxpay-
     5  er pursuant to this subsection shall not exceed ten thousand dollars.
     6    (5) No part-year resident or non-resident taxpayer may claim the cred-
     7  it established by this subsection.
     8    §  2.  Paragraph 38 of subsection (c) of section 612 of the tax law is
     9  REPEALED.
    10    § 3. This act shall take effect on the first of January next  succeed-
    11  ing  the date on which it shall have become a law and shall apply to tax
    12  years commencing on and after such date.
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