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NY A02769
Bill
Status
8/13/2010
Primary Sponsor
Peter Abbate
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AI Summary
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Establishes the New York City Parks, Tree and Urban Forestry Fund under joint custody of the State Comptroller and Commissioner of Taxation and Finance to support tree planting, park preservation, and urban forestry in New York City.
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Allows NYC residents to voluntarily contribute to the fund starting in tax year 2011 by designating refunds or overpayments on their state personal income tax returns in any whole dollar amount.
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Allocates fund moneys exclusively for planting trees and shrubs, park preservation and expansion, and maintenance of botanical gardens in NYC, with up to 15 percent available for botanical garden improvements.
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Requires the NYC Department of Parks and Recreation Commissioner to certify all fund expenditures and ensure moneys are spent only for authorized purposes related to tree conservation and urban forestry under Environmental Conservation Law Article 53.
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Takes effect January 1, 2012, with the Department of Taxation and Finance required to implement the tax return contribution provisions by that date.
Legislative Description
Creates New York city parks, tree and urban forestry fund; provides that taxpayers may contribute to such fund by indication on state tax return form by having refund or portion thereof be credited to such fund or indicating that an overpayment, or portion thereof shall be credited to such fund; provides that the monies of such fund shall be used for the planting of trees and shrubs, park preservation and expansion, maintenance and improvement of botanical gardens in New York city.
Last Action
tabled
8/16/2010