N.Y. Tax Law Section 209-N
Retired and rescued thoroughbred race horse aftercare

Effective for any tax year commencing on or after the effective date of this section, a taxpayer in any taxable year may elect to contribute to the New York state thoroughbred breeding and development fund established pursuant to section two hundred fifty-two of the racing, pari-mutuel wagering and breeding law, for the purpose of funding the operation of retired race horse aftercare facilities. Any contributions made to the thoroughbred breeding and development fund pursuant to this section shall be deposited into a dedicated account managed by the fund, which shall solely be used for funding the operation of retired race horse aftercare facilities, with a preference for those organizations that are accredited horse retirement and rescue programs. Such contribution shall be in any whole dollar amount and shall not reduce the amount of the state tax owed by such taxpayer. The commissioner shall include space on the corporate income tax return to enable a taxpayer to make such contribution. Notwithstanding any other provision of law, all revenues collected pursuant to this section shall be credited to the New York state thoroughbred retirement race horse and aftercare fund and shall be used only for those purposes set forth in paragraph h of subdivision two of section two hundred fifty-four of the racing, pari-mutuel wagering and breeding law. * NB Effective January 1, 2022

Source: Section 209-N — Retired and rescued thoroughbred race horse aftercare, https://www.­nysenate.­gov/legislation/laws/TAX/209-N (updated Dec. 3, 2021; accessed Dec. 21, 2024).

208
Definitions 209
Imposition of tax 209‑B
Metropolitan transportation business tax surcharge 209‑C
Gift for fish and wildlife management 209‑D
Gift for breast cancer research and education 209‑E
Gift for prostate and testicular cancer research and education 209‑F
Gift for the World Trade Center memorial foundation 209‑G
Gift for volunteer firefighter and volunteer emergency services workers recruitment and retention 209‑H
Gift for honor and remembrance of veterans 209‑I
Gift for women’s cancers education and prevention 209‑J
Gift for New York state veterans’ homes 209‑K
Gift to the love your library fund 209‑L
Gift for ALS research and education 209‑L*2
Gift for lupus education and prevention 209‑L*3
Gift for military families 209‑M
Gift for leukemia, lymphoma and myeloma research, education and treatment 209‑M*2
Gift for home delivered meals for seniors 209‑N
Retired and rescued thoroughbred race horse aftercare 209‑O
Retired and rescued standardbred race horse aftercare 209‑P
Gift for Lyme and tick-borne diseases education, research and prevention 209‑Q
Gift for diabetes research and education 210
Computation of tax 210‑A
Apportionment 210‑B
Credits 210‑C
Combined reports 211
Reports 213
Payment and lien of tax 213‑A
Declaration of estimated tax 213‑B
Payments on account of estimated tax 216
Collection of taxes 217
Penalties 218
Deposit and disposition of revenue 219
Limitation of time 219‑A
Practice and procedure for taxable years ending on or after December thirty-first, nineteen hundred sixty-four
Green check means up to date. Up to date

Accessed:
Dec. 21, 2024

Last modified:
Dec. 3, 2021

§ 209-N’s source at nysenate​.gov

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