New York S04183 establishes a $500 personal income tax credit for taxpayers who donate blood four or more times in a year.

New York S04183 amends the tax law to provide a personal income tax credit for taxpayers who donate blood to a blood bank four or more times in a year. The credit amount is set at five hundred dollars. The bill defines "blood bank" as a facility for the collection, processing, storage, and distribution of human blood, blood components, or blood derivatives. If the credit exceeds the taxpayer's tax for the year, the excess will be credited or refunded without interest. The commissioner may require proof of blood donations to support the credit claim.

New York S04183 establishes a $500 personal income tax credit for taxpayers who donate blood four or more times in a year.

New York S04183 amends the tax law to provide a personal income tax credit for taxpayers who donate blood to a blood bank four or more times in a year. The credit amount is set at five hundred dollars. The bill defines "blood bank" as a facility for the collection, processing, storage, and distribution of human blood, blood components, or blood derivatives. If the credit exceeds the taxpayer's tax for the year, the excess will be credited or refunded without interest. The commissioner may require proof of blood donations to support the credit claim.