Do you support this bill?

Senate Bill S1840

2011-2012 Legislative Session

Allows a tax credit for general volunteer services

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

co-Sponsors

2011-S1840 (ACTIVE) - Details

Current Committee:
Senate Investigations And Government Operations
Law Section:
Tax Law
Laws Affected:
Add ยง620-B, Tax L
Versions Introduced in 2009-2010 Legislative Session:
S3374

2011-S1840 (ACTIVE) - Summary

Allows a New York state credit against income tax of one hundred fifty dollars for a minimum of one hundred fifty hours of volunteer services to federal, state or municipal organizations or to a certified not-for-profit corporation or organization, in any taxable year; provides that such tax credit not be allowed for volunteer services which are normally and customarily performed by a paid employee; requires the tax commissioner to provide a method of documenting the hours served by a volunteer; requires the tax commissioner to issue certificates of eligibility to not-for-profit corporations or organizations established for charitable purposes.

2011-S1840 (ACTIVE) - Sponsor Memo

2011-S1840 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1840

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 13, 2011
                               ___________

Introduced by Sens. OPPENHEIMER, DIAZ, SAMPSON -- read twice and ordered
  printed, and when printed to be committed to the Committee on Investi-
  gations and Government Operations

AN ACT to amend the tax law, in relation to authorizing a tax credit for
  general  volunteer  services  performed  for  a governmental entity or
  charitable not-for-profit corporations or organizations

  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 620-B to
read as follows:
  S 620-B. CREDIT FOR GENERAL VOLUNTEER SERVICES PERFORMED FOR  CHARITA-
BLE NOT-FOR-PROFIT CORPORATIONS OR ORGANIZATIONS.  (A) GENERAL.  A RESI-
DENT  SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHERWISE DUE UNDER THIS
ARTICLE IN THE AMOUNT OF ONE HUNDRED FIFTY DOLLARS, PROVIDED SUCH  RESI-
DENT PERFORMED GENERAL VOLUNTEER SERVICES FOR AT LEAST ONE HUNDRED FIFTY
HOURS  IN  ANY  TAXABLE YEAR FOR FEDERAL, STATE OR MUNICIPAL AGENCIES OR
CHARITABLE NOT-FOR-PROFIT CORPORATIONS OR ORGANIZATIONS.
  (B) LIMITATION. NOTWITHSTANDING THE PROVISIONS OF  SUBSECTION  (A)  OF
THIS  SECTION,  SUCH  CREDIT  SHALL NOT EXCEED THE AMOUNT OF TAX OWED BY
SUCH RESIDENT FOR ANY TAXABLE YEAR; NOR SHALL ANY CREDIT BE GRANTED  FOR
VOLUNTEER SERVICES PROVIDED BY A RESIDENT WHICH ARE NORMALLY AND CUSTOM-
ARILY  PERFORMED  BY  A PAID EMPLOYEE OF THE FEDERAL, STATE OR MUNICIPAL
AGENCY OR THE CHARITABLE NOT-FOR-PROFIT CORPORATION OR ORGANIZATION  FOR
WHICH THE RESIDENT IS PROVIDING SUCH SERVICES.
  (C) REGULATIONS OF THE COMMISSIONER. THE COMMISSIONER SHALL PROVIDE BY
REGULATION  A METHOD OF DOCUMENTING THE ACTUAL PERFORMANCE BY A RESIDENT
OF THE HOURS OF GENERAL VOLUNTEER SERVICE REQUIRED TO  ESTABLISH  ELIGI-
BILITY FOR THE TAX CREDIT AUTHORIZED HEREIN. THE COMMISSIONER SHALL ALSO
ISSUE  CERTIFICATES  OF  ELIGIBILITY  TO  NOT-FOR-PROFIT CORPORATIONS OR
ORGANIZATIONS WHICH ARE ORGANIZED FOR CHARITABLE PURPOSES IF THE COMMIS-
SIONER IS SATISFIED, UPON APPLICATION OF SUCH CORPORATION  OR  ORGANIZA-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06317-01-1

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.