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NY A10717
Bill
Status
9/9/2022
Primary Sponsor
Michael Lawler
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AI Summary
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Creates the "New York will never forget fund" jointly administered by the Commissioner of Taxation and Finance and the State Comptroller to provide grants to eligible 501(c)(3) museums dedicated to educating the public about September 11, 2001, memorializing victims, and honoring survivors.
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Allows individual and corporate taxpayers to voluntarily contribute whole dollar amounts to the fund on their personal and corporate income tax returns without reducing their tax liability.
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Requires the New York State Board of Regents to establish eligibility criteria for museums and expend fund monies within one calendar year of receipt to the extent practicable.
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Appropriates $50,000,000 from the State General Fund to the Department of Education to carry out the provisions of the act.
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Requires annual reporting by February 1st to legislative leaders detailing fund deposits, grant recipients, amounts distributed, and financial projections.
Legislative Description
Establishes the New York will never forget fund to be expended only for grants to museums located within the state that are specifically dedicated to educating the general public about the events that occurred during the terrorist attacks on 9/11; establishes gift for the New York will never forget fund; makes a fifty million dollar appropriation therefor; makes related provisions.
Last Action
referred to ways and means
9/9/2022