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Bill > A03613


NY A03613

NY A03613
Establishes a personal income tax credit for taxpayers who donate blood to a blood bank four or more times in a year; specifies such tax credit to be five hundred dollars.


summary

Introduced
01/29/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to providing a tax credit for certain taxpayers who donate blood The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1

AI Summary

This bill establishes a personal income tax credit of $500 for taxpayers who donate blood to a blood bank four or more times in a year. The credit can be claimed as an overpayment of tax, but no interest will be paid on it. Taxpayers may be required to provide proof of their blood donations to claim the credit. The bill will take effect immediately and apply to taxable years beginning on or after January 1, 2021.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

referred to ways and means (on 01/08/2020)

bill text


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