What's happening
This bill creates a $500 tax credit for New Yorkers who donate blood at least four times a year to licensed blood banks.
Why it matters
Encourages regular blood donations. by offering a direct financial incentive, which could help address ongoing blood shortages in New York, especially during emergencies or periods of low supply.
Benefits individuals who already donate. by providing tangible recognition for an activity that is often voluntary and uncompensated, effectively rewarding civic-minded behavior.
Refundable credit ensures broad impact. , allowing even those with little or no tax liability to benefit, which may make the incentive more equitable across income levels.
Includes safeguards against fraud. by empowering the tax commissioner to require proof of donations, aiming to ensure that only legitimate donors receive the credit.
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Who cares
Headline styles
Tax Credit for Blood Donors
Plain English, a few words. Used as the page title.
Sponsors
3 Co-sponsors
2 Multi-sponsors
History
- Referred to ways and means
- Referred to ways and means
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Tax Credit for Blood Donors
In Senate Committee · Investigations And Government Operations · Sponsor Kevin S. Parker
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1424
2017-2018 Regular Sessions
IN ASSEMBLY
January 12, 2017
Introduced by M. of A. ZEBROWSKI, AUBRY, GUNTHER, HOOPER -- Multi-Sponsored by -- M. of A. COOK, HEVESI -- read once and referred to the Committee on Ways and Means
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 Assembly, do enact as follows:
Section 1. Section 606 of the tax law is amended by adding a new subsection (ccc) to read as follows:
(ccc) Blood donation credit. (1) Allowance of credit. A taxpayer who donates blood four or more times in a year to a blood bank that has been issued a valid permit as provided in section five hundred seventy-five of the public health law shall be allowed a credit as hereinafter provided, against the tax imposed by this article. The amount of the credit shall be five hundred dollars. For the purposes of this subsection, "blood bank" means a facility for the collection, processing, storage and/or distribution of human blood, blood components or blood derivatives.
(2) Application of credit. If the amount of the credit allowed under this subsection for any taxable year shall exceed the taxpayer's tax for such year, the excess shall be treated as an overpayment of tax to be credited or refunded in accordance with the provisions of section six hundred eighty-six of this article, provided, however, that no interest shall be paid thereon.
(3) Proof of claim. The commissioner may require a qualified taxpayer to furnish proof of his or her blood donations in support of his or her claim for credit under this subsection.
§ 2. This act shall take effect immediately and shall apply to taxable years beginning on and after January 1, 2019.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04072-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.