S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5466
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 9, 2017
                                ___________
 
 Introduced by M. of A. WEPRIN -- Multi-Sponsored by -- M. of A. PERRY --
   read once and referred to the Committee on Ways and Means
 
 AN  ACT  to  amend the tax law, in relation to establishing a credit for
   the installation of a seat belt violation alert system
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  210-B  of the tax law is amended by adding a new
 subdivision 49 to read as follows:
   49. CREDIT FOR INSTALLATION OF SEAT BELT VIOLATION ALERT SYSTEM. (A) A
 TAXPAYER SHALL BE ALLOWED  A  CREDIT,  TO  BE  COMPUTED  AS  HEREINAFTER
 PROVIDED,  AGAINST  THE  TAX  IMPOSED BY THIS ARTICLE, FOR THE PURCHASE,
 OTHER THAN FOR RESALE, AND INSTALLATION OF A SEAT BELT  VIOLATION  ALERT
 SYSTEM.
   (B)  FOR  THE  PURPOSES OF THIS SUBDIVISION, THE FOLLOWING TERMS SHALL
 HAVE THE FOLLOWING MEANINGS:
   (1) "ELECTRONIC INDICATOR"  SHALL  MEAN  ANY  DISPLAY  SYSTEM  ON  THE
 OUTSIDE  OF A MOTOR VEHICLE THAT REGISTERS THE FAILURE OF A PASSENGER TO
 PROPERLY SECURE THEIR SAFETY BELT WITHIN SUCH VEHICLE.
   (2) "SEAT BELT VIOLATION ALERT SYSTEM" SHALL MEAN ANY  DEVICE,  WHICH,
 UPON INSTALLATION IN AND ON A MOTOR VEHICLE, SIGNALS OR OTHERWISE ALERTS
 POLICE OFFICERS, BY WAY OF AN ELECTRONIC INDICATOR ON THE OUTSIDE OF THE
 VEHICLE,  THAT  AN  INDIVIDUAL  IN  SUCH  VEHICLE HAS FAILED TO PROPERLY
 SECURE THEIR SAFETY BELT.
   (C) THE AMOUNT OF CREDIT SHALL BE FIFTY PERCENT OF  THE  COST  TO  THE
 TAXPAYER  FOR  THE  PURCHASE  AND  INSTALLATION  OF SUCH SECURITY SYSTEM
 DURING THE TAXABLE YEAR OF PURCHASE,  SUCH  CREDIT  NOT  TO  EXCEED  TWO
 HUNDRED  FIFTY  DOLLARS  WITH RESPECT TO EACH PURCHASE AND INSTALLATION.
 THE CREDIT ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR SHALL NOT
 REDUCE THE TAX DUE FOR SUCH YEAR TO LESS THAN THE HIGHER OF THE  AMOUNTS
 PRESCRIBED  IN  PARAGRAPHS (C) AND (D) OF SUBDIVISION ONE OF SECTION TWO
 HUNDRED TEN OF THIS ARTICLE.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD09461-01-7

 A. 5466                             2
 
   § 2. Section 606 of the tax law is amended by adding a new  subsection
 (s-1) to read as follows:
   (S-1)  CREDIT  FOR INSTALLATION OF SEAT BELT VIOLATION ALERT SYSTEM. A
 TAXPAYER SHALL BE ALLOWED A CREDIT AS HEREINAFTER PROVIDED, AGAINST  THE
 TAX  IMPOSED BY THIS ARTICLE FOR THE PURCHASE AND INSTALLATION OF A SEAT
 BELT VIOLATION ALERT SYSTEM, AS SUCH  TERM  IS  DEFINED  IN  SUBDIVISION
 FORTY-NINE  OF  SECTION TWO HUNDRED TEN-B OF THIS CHAPTER. THE AMOUNT OF
 CREDIT SHALL BE FIFTY PERCENT  OF  THE  COST  TO  THE  TAXPAYER  OF  THE
 PURCHASE  AND  INSTALLATION  OF  THE  SECURITY SYSTEM DURING THE TAXABLE
 YEAR, SUCH CREDIT NOT TO EXCEED TWO HUNDRED FIFTY DOLLARS  WITH  RESPECT
 TO EACH SYSTEM PURCHASED AND INSTALLED.
   §  3. Subparagraph (B) of paragraph 1 of subsection (i) of section 606
 of the tax law is amended by adding a new  clause  (xliii)  to  read  as
 follows:
 (XLIII) CREDIT FOR INSTALLATION      AMOUNT OF CREDIT UNDER
 OF SEAT BELT VIOLATION ALERT         SUBDIVISION FORTY-NINE OF SECTION
 SYSTEM UNDER SUBSECTION (S-1)        TWO HUNDRED TEN-B
   §  4. This act shall take effect on the first of January next succeed-
 ing the date on which it shall become a law.