On Dec. 21, Gov. Andrew Cuomo signed Bill 1198-2018, which gives New Yorkers the option to donate to CUNY on their personal income tax returns. The purpose of the legislation is to create an additional revenue source for CUNY and all the while raise awareness of CUNY. The City University Construction Fund collects the revenues and its trustees will report how the money is used at the beginning of each year. Additionally, the donations made will not reduce the state tax owed by contributors.
“This piece of legislation is clear, and integral in advancing the education of this great city and state,” Senator Persaud said. “I am pleased to see CUNY getting more attention and hopeful they receive the necessary funding for the betterment of our students.”