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N.Y. Tax Law § 209-k

Gift to the love your library fund

2017-08-25

§ 209-K. Gift to the love your library fund. Effective for any tax\nyear commencing on or after January first, two thousand eighteen, a\ntaxpayer in any taxable year may elect to contribute to the love your\nlibrary fund. Such contribution shall be in any whole dollar amount and\nshall not reduce the amount of the state tax owed by such taxpayer. The\ncommissioner shall include space on the corporate income tax return to\nenable a taxpayer to make such contribution. Notwithstanding any other\nprovision of law, all revenues collected pursuant to this section shall\nbe credited to the love your library fund and shall be used only for\nthose purposes enumerated in section ninety-nine-l of the state finance\nlaw, as added by chapter three hundred three of the laws of two thousand\nfour.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.