Establishes the New York state museum partnership trust to manage private donations for historic preservation and cultural education.

The bill establishes the New York state museum partnership trust to serve as a focal point for private donations of real and personal property. These donations aim to further historic preservation, advance cultural education, and enhance the state museum. The trust will oversee a development campaign to obtain donations, manage funds, and execute contracts. It will also create three accounts: an endowment account, a special project account, and an operation and maintenance account. The trust will not be required to pay taxes or assessments.

Establishes the New York state museum partnership trust to manage private donations for historic preservation and cultural education.

The bill establishes the New York state museum partnership trust to serve as a focal point for private donations of real and personal property. These donations aim to further historic preservation, advance cultural education, and enhance the state museum. The trust will oversee a development campaign to obtain donations, manage funds, and execute contracts. It will also create three accounts: an endowment account, a special project account, and an operation and maintenance account. The trust will not be required to pay taxes or assessments.