Grants personal income taxpayers the ability to make a gift to the state parks on their tax returns; establishes the state parks fund to provide monies to the office of parks, recreation and historic preservation for the operation and maintenance of the state parks.
TITLE OF BILL: An act to amend the tax law, in relation to establishing the gift to state parks on personal income tax forms; and to amend the state finance law, in relation to establishing the state parks fund
PURPOSE: Would allow personal income taxpayer's the ability to make a gift to the state parks on their tax returns and establishes the state parks fund.
SUMMARY OF PROVISIONS: Section 1 amends the tax law adding a new section 630-c directing the commissioner of tax and finance to include space on the personal income tax return form to enable a taxpayer to make a contribution to the state parks fund. Such contribution shall be in any whole dollar amount and will not reduce the amount of state tax owed by such individual.
Section 2 amends the state finance law by adding a new section 83-a creating a special fund known as the "state parks fund".
Section 3 contains the effective date.
EXISTING LAW: Sections 625, 626, 627, 628, 629, 630-a and 630-b of the tax law provide for contributions on the personal income tax form to the following funds respectively: gift for fish and wildlife management, United States Olympic Committee/Lake Placid Olympic Training Center fund, gift for breast cancer research and education, gift for missing and exploited children clearinghouse fund, gift for Alzheimer's disease support services, gift for prostate cancer research, detection and education, gift for World Trade Center memorial foundation, and Gift for volunteer firefighting and volunteer emergency services fund.
JUSTIFICATION: The New York State Park System makes a valuable contribution to the quality of life of New York's residents. This legislation would allow New York State income tax payers to recognize the importance of the New York State Parks System by making a financial contribution on their personal income tax form. In recent years the New York State Office of Parks & Recreation has faced many budget cuts and in 2010 then Governor Paterson announced that there would be parks closing due to budget cuts. New Yorkers came out to support their parks and funding was increased. However, it has become clear that New York needs to find alternative sources to fund its great park system. This bill would provide individuals the opportunity to give a gift to the
Parks fund to help support the operation and maintenance of state parks.
LEGISLATIVE HISTORY: 2010: S.4271 Referred to Investigations & Government Operations
FISCAL IMPLICATIONS: None.
LOCAL FISCAL IMPLICATIONS: None.
EFFECTIVE DATE: This act shall take effect immediately.
STATE OF NEW YORK ________________________________________________________________________ 4271--A 2011-2012 Regular Sessions IN SENATE March 25, 2011 ___________Introduced by Sen. LITTLE -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations -- recommitted to the Committee on Investigations and Government Operations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to establishing the gift to state parks on personal income tax forms; and to amend the state finance law, in relation to establishing the state parks fund THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The tax law is amended by adding a new section 630-c to read as follows: S 630-C. GIFT TO STATE PARKS. EFFECTIVE FOR ANY TAX YEAR COMMENCING ON OR AFTER JANUARY FIRST, TWO THOUSAND TWELVE, AN INDIVIDUAL IN ANY TAXA- BLE YEAR MAY ELECT TO CONTRIBUTE TO THE STATE PARKS FUND. SUCH CONTRIB- UTION SHALL BE IN ANY WHOLE DOLLAR AMOUNT AND SHALL NOT REDUCE THE AMOUNT OF STATE TAX OWED BY SUCH INDIVIDUAL. THE COMMISSIONER SHALL INCLUDE SPACE ON THE PERSONAL INCOME TAX RETURN FORM TO ENABLE A TAXPAY- ER TO MAKE SUCH CONTRIBUTION. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, ALL REVENUE COLLECTED PURSUANT TO THIS SECTION SHALL BE PAID TO THE STATE PARKS FUND ESTABLISHED PURSUANT TO SECTION EIGHTY-THREE-A OF THE STATE FINANCE LAW. S 2. The state finance law is amended by adding a new section 83-a to read as follows: S 83-A. STATE PARKS FUND. 1. A SPECIAL FUND TO BE KNOWN AS THE "STATE PARKS FUND" IS HEREBY ESTABLISHED IN THE JOINT CUSTODY OF THE STATE COMPTROLLER AND THE COMMISSIONER OF TAXATION AND FINANCE. 2. THE FUND SHALL CONSIST OF ALL MONIES TRANSFERRED TO SUCH FUND PURSUANT TO LAW, ALL MONIES REQUIRED BY ANY PROVISION OF LAW TO BE PAID OR CREDITED TO THE FUND, ALL MONIES FROM GIFTS PURSUANT TO SECTION SIXEXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10525-02-2 S. 4271--A 2
HUNDRED THIRTY-C OF THE TAX LAW AND ANY INTEREST EARNINGS WHICH MAY ACCRUE FROM INVESTMENT OF MONIES IN THE FUND. NOTHING IN THIS SECTION SHALL BE DEEMED TO PREVENT THE STATE FROM RECEIVING GRANTS, GIFTS OR BEQUESTS FOR THE PURPOSES OF THE FUND AS DEFINED IN THIS SECTION AND DEPOSITING THEM INTO THE FUND ACCORDING TO LAW. 3. MONIES OF THE FUND, WHEN APPROPRIATED, SHALL BE MADE AVAILABLE TO THE OFFICE OF PARKS, RECREATION AND HISTORIC PRESERVATION FOR THE OPERA- TION AND MAINTENANCE OF STATE PARKS PURSUANT TO THE PARKS, RECREATION AND HISTORIC PRESERVATION LAW. 4. MONIES SHALL BE PAYABLE FROM THE FUND ON THE AUDIT AND WARRANT OF THE STATE COMPTROLLER ON VOUCHERS APPROVED AND CERTIFIED BY THE COMMIS- SIONER OF PARKS, RECREATION AND HISTORIC PRESERVATION. S 3. This act shall take effect immediately.