S T A T E O F N E W Y O R K
________________________________________________________________________
5466
2017-2018 Regular Sessions
I N A S S E M B L Y
February 9, 2017
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Introduced by M. of A. WEPRIN -- Multi-Sponsored by -- M. of A. PERRY --
read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to establishing a credit for
the installation of a seat belt violation alert system
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 210-B of the tax law is amended by adding a new
subdivision 49 to read as follows:
49. CREDIT FOR INSTALLATION OF SEAT BELT VIOLATION ALERT SYSTEM. (A) A
TAXPAYER SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS HEREINAFTER
PROVIDED, AGAINST THE TAX IMPOSED BY THIS ARTICLE, FOR THE PURCHASE,
OTHER THAN FOR RESALE, AND INSTALLATION OF A SEAT BELT VIOLATION ALERT
SYSTEM.
(B) FOR THE PURPOSES OF THIS SUBDIVISION, THE FOLLOWING TERMS SHALL
HAVE THE FOLLOWING MEANINGS:
(1) "ELECTRONIC INDICATOR" SHALL MEAN ANY DISPLAY SYSTEM ON THE
OUTSIDE OF A MOTOR VEHICLE THAT REGISTERS THE FAILURE OF A PASSENGER TO
PROPERLY SECURE THEIR SAFETY BELT WITHIN SUCH VEHICLE.
(2) "SEAT BELT VIOLATION ALERT SYSTEM" SHALL MEAN ANY DEVICE, WHICH,
UPON INSTALLATION IN AND ON A MOTOR VEHICLE, SIGNALS OR OTHERWISE ALERTS
POLICE OFFICERS, BY WAY OF AN ELECTRONIC INDICATOR ON THE OUTSIDE OF THE
VEHICLE, THAT AN INDIVIDUAL IN SUCH VEHICLE HAS FAILED TO PROPERLY
SECURE THEIR SAFETY BELT.
(C) THE AMOUNT OF CREDIT SHALL BE FIFTY PERCENT OF THE COST TO THE
TAXPAYER FOR THE PURCHASE AND INSTALLATION OF SUCH SECURITY SYSTEM
DURING THE TAXABLE YEAR OF PURCHASE, SUCH CREDIT NOT TO EXCEED TWO
HUNDRED FIFTY DOLLARS WITH RESPECT TO EACH PURCHASE AND INSTALLATION.
THE CREDIT ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR SHALL NOT
REDUCE THE TAX DUE FOR SUCH YEAR TO LESS THAN THE HIGHER OF THE AMOUNTS
PRESCRIBED IN PARAGRAPHS (C) AND (D) OF SUBDIVISION ONE OF SECTION TWO
HUNDRED TEN OF THIS ARTICLE.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09461-01-7
A. 5466 2
§ 2. Section 606 of the tax law is amended by adding a new subsection
(s-1) to read as follows:
(S-1) CREDIT FOR INSTALLATION OF SEAT BELT VIOLATION ALERT SYSTEM. A
TAXPAYER SHALL BE ALLOWED A CREDIT AS HEREINAFTER PROVIDED, AGAINST THE
TAX IMPOSED BY THIS ARTICLE FOR THE PURCHASE AND INSTALLATION OF A SEAT
BELT VIOLATION ALERT SYSTEM, AS SUCH TERM IS DEFINED IN SUBDIVISION
FORTY-NINE OF SECTION TWO HUNDRED TEN-B OF THIS CHAPTER. THE AMOUNT OF
CREDIT SHALL BE FIFTY PERCENT OF THE COST TO THE TAXPAYER OF THE
PURCHASE AND INSTALLATION OF THE SECURITY SYSTEM DURING THE TAXABLE
YEAR, SUCH CREDIT NOT TO EXCEED TWO HUNDRED FIFTY DOLLARS WITH RESPECT
TO EACH SYSTEM PURCHASED AND INSTALLED.
§ 3. Subparagraph (B) of paragraph 1 of subsection (i) of section 606
of the tax law is amended by adding a new clause (xliii) to read as
follows:
(XLIII) CREDIT FOR INSTALLATION AMOUNT OF CREDIT UNDER
OF SEAT BELT VIOLATION ALERT SUBDIVISION FORTY-NINE OF SECTION
SYSTEM UNDER SUBSECTION (S-1) TWO HUNDRED TEN-B
§ 4. This act shall take effect on the first of January next succeed-
ing the date on which it shall become a law.