Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 08, 2016 |
reported and committed to finance |
Jan 12, 2016 |
print number 4123a |
Jan 12, 2016 |
amend and recommit to investigations and government operations |
Jan 06, 2016 |
referred to investigations and government operations |
May 27, 2015 |
reported and committed to finance |
Mar 02, 2015 |
referred to investigations and government operations |
Senate Bill S4123A
2015-2016 Legislative Session
Sponsored By
(R, C) 60th Senate District
Archive: Last Bill Status - In Senate Committee Finance Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
(D) Senate District
(R) Senate District
(R, C, IP) Senate District
(D) Senate District
2015-S4123 - Details
- See Assembly Version of this Bill:
- A7166
- Current Committee:
- Senate Finance
- Law Section:
- Tax Law
- Laws Affected:
- Amd §§606, 210 & 612, Tax L
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
S2128, A497
2019-2020: S601
2015-S4123 - Sponsor Memo
BILL NUMBER:S4123 REVISED MEMO 04/23/2015 TITLE OF BILL: An act to amend the tax law, in relation to establishing the venison donation tax credit PURPOSE: This legislation would create a venison donation tax credit. SUMMARY OF PROVISIONS: Amends section 606 of the tax law to create a new venison donation tax credit. JUSTIFICATION: This legislation would provide a refundable tax credit to hunters who donate their entire deer harvest to their local food bank. It would also exclude income received from meat processing facilities for processing venison for food banks from state income tax. The goal of this legis- lation is to increase the amount of venison donated to food banks to feed those New Yorkers in need of a meal. Venison meat is one of the leanest and healthiest forms of animal protein and it is highly desired by food banks. At the same time, deer populations in various areas of the state are too
2015-S4123 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4123 2015-2016 Regular Sessions I N S E N A T E March 2, 2015 ___________ Introduced by Sen. GALLIVAN -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to establishing the venison donation tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, 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) VENISON DONATION TAX CREDIT. (1) ALLOWANCE OF CREDIT. A TAXPAYER WHO PROVIDES DEER TO A NONPROFIT ORGANIZATION FOR THE PURPOSES OF VENI- SON DONATION SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN PARAGRAPH TWO OF THIS SUBSECTION, AGAINST THE TAX IMPOSED BY THIS ARTI- CLE. TO QUALIFY FOR THE CREDIT PROVIDED IN THIS SECTION, A TAXPAYER MUST DONATE A DEER TO A NONPROFIT ORGANIZATION IN ITS ENTIRETY PROVIDED, HOWEVER, THAT SUCH TAXPAYER MAY RETAIN THE HEAD, NECK, ANTLERS, HIDES AND/OR HOOVES OF SUCH DEER. (2) AMOUNT OF CREDIT. THE AMOUNT OF CREDIT SHALL EQUAL THE NUMBER OF ADULT DEER DONATED, MULTIPLIED BY THE WEIGHT OF SUCH DEER WHICH IN ALL CASES SHALL BE DEEMED FORTY-FIVE POUNDS, MULTIPLIED FURTHER BY THE DONATED VENISON PRICE. THE DEPARTMENT OF ENVIRONMENTAL CONSERVATION SHALL ANNUALLY DETERMINE THE DONATED VENISON PRICE ON OR BEFORE THE FIRST DAY OF AUGUST. THE DONATED VENISON PRICE SHALL BE WITHIN FIFTY PERCENT OF THE TOTAL DETERMINED BY SUBTRACTING THE AVERAGE PROCESSING COST PER POUND CHARGED BY MEAT PROCESSING FACILITIES FROM THE MARKET PRICE FOR GROUND BEEF PROVIDED, HOWEVER, THAT IN NO CASE SHALL THE DONATED VENISON PRICE BE LESS THAN ONE DOLLAR AND FIFTY CENTS PER POUND. (3) 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 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09492-02-5
co-Sponsors
(D) Senate District
(R) Senate District
(R, C, IP) Senate District
(D) Senate District
2015-S4123A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7166
- Current Committee:
- Senate Finance
- Law Section:
- Tax Law
- Laws Affected:
- Amd §§606, 210 & 612, Tax L
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
S2128, A497
2019-2020: S601
2015-S4123A (ACTIVE) - Sponsor Memo
BILL NUMBER: S4123A TITLE OF BILL : An act to amend the tax law, in relation to establishing the venison donation tax credit PURPOSE : This legislation would create a venison donation tax credit. SUMMARY OF PROVISIONS : Amends section 606 of the tax law to create a new venison donation tax credit. JUSTIFICATION : This legislation would provide a refundable tax credit to hunters who donate their entire deer harvest to their local food bank. It would also exclude income received from meat processing facilities for processing venison for food banks from state income tax. The goal of this legislation is to increase the amount of venison donated to food banks to feed those New Yorkers in need of a meal. Venison meat is one of the leanest and healthiest forms of animal protein and it is highly desired by food banks.
2015-S4123A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4123--A 2015-2016 Regular Sessions I N S E N A T E March 2, 2015 ___________ Introduced by Sens. GALLIVAN, AVELLA, CROCI, FUNKE, LATIMER, ORTT, PANEPINTO, PARKER, SEWARD, VALESKY -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations -- recommitted to the Committee on Investi- gations and Government Operations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to establishing the venison donation tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, 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) VENISON DONATION TAX CREDIT. (1) ALLOWANCE OF CREDIT. A TAXPAYER WHO PROVIDES DEER TO A NONPROFIT ORGANIZATION FOR THE PURPOSES OF VENI- SON DONATION SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN PARAGRAPH TWO OF THIS SUBSECTION, AGAINST THE TAX IMPOSED BY THIS ARTI- CLE. TO QUALIFY FOR THE CREDIT PROVIDED IN THIS SECTION, A TAXPAYER MUST DONATE A DEER TO A NONPROFIT ORGANIZATION IN ITS ENTIRETY PROVIDED, HOWEVER, THAT SUCH TAXPAYER MAY RETAIN THE HEAD, NECK, ANTLERS, HIDES AND/OR HOOVES OF SUCH DEER. (2) AMOUNT OF CREDIT. THE AMOUNT OF CREDIT SHALL EQUAL THE NUMBER OF ADULT DEER DONATED, MULTIPLIED BY THE WEIGHT OF SUCH DEER WHICH IN ALL CASES SHALL BE DEEMED FORTY-FIVE POUNDS, MULTIPLIED FURTHER BY THE DONATED VENISON PRICE. THE DEPARTMENT OF ENVIRONMENTAL CONSERVATION SHALL ANNUALLY DETERMINE THE DONATED VENISON PRICE ON OR BEFORE THE FIRST DAY OF AUGUST. THE DONATED VENISON PRICE SHALL BE WITHIN FIFTY PERCENT OF THE TOTAL DETERMINED BY SUBTRACTING THE AVERAGE PROCESSING COST PER POUND CHARGED BY MEAT PROCESSING FACILITIES FROM THE MARKET PRICE FOR GROUND BEEF PROVIDED, HOWEVER, THAT IN NO CASE SHALL THE DONATED VENISON PRICE BE LESS THAN ONE DOLLAR AND FIFTY CENTS PER POUND. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09492-03-6
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