N.Y. Tax Law § 630-j: Gifts for standardbred aftercare

§ 630-j. Gifts for standardbred aftercare. Effective for any tax year

commencing on or after the effective date of this section, a taxpayer in

any taxable year may elect to contribute to the agriculture and New York

horse breeding and development fund established pursuant to section

three hundred thirty of the racing, pari-mutuel wagering and breeding

law, for the purpose of funding the operation of retired race horse

aftercare facilities. Any contributions made to the agriculture and New

York horse breeding and development fund pursuant to this section shall

be deposited into a dedicated account managed by the fund, which shall

be solely used for funding the operation of retired race horse aftercare

facilities, with preference for those organizations that are accredited

horse retirement and rescue programs. Such contribution shall be in any

whole dollar amount and shall not reduce the amount of the state tax

owed by such taxpayer. The commissioner shall include space on the

personal income tax return to enable a taxpayer to make such

contribution. Notwithstanding any other provision of law, all revenues

collected pursuant to this section shall be credited to the New York

state standardbred retirement race horse and aftercare fund and shall be

used only for those purposes enumerated in paragraph j of subdivision

one of section three hundred thirty-two of the racing, pari-mutuel

wagering and breeding law.