Allows taxpayers to contribute to the tuition assistance program fund on personal income tax forms; establishes the gifts to the tuition assistance.
New York A04913 amends the tax law to allow taxpayers to contribute to the tuition assistance program fund on personal income tax forms. It establishes the gifts to the tuition assistance program fund, which will receive contributions in whole dollar amounts. These contributions will not reduce the amount of state tax owed by the individual. The fund will be used in addition to, not to supplant, existing funding under the tuition assistance program and will be used for purposes enumerated in section six hundred sixty-seven of the education law.
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