N.Y. Tax Law Section 209-O
Retired and rescued standardbred 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 agriculture and New York horse breeding and development fund established pursuant to section three hundred thirty 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 agriculture and New York state horse breeding 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 standardbred retirement race horse and aftercare fund and shall be used only for those purposes enumerated in paragraph j of subdivision one of section three hundred thirty-two of the racing, pari-mutuel wagering and breeding law. * NB Effective January 1, 2022

Source: Section 209-O — Retired and rescued standardbred race horse aftercare, https://www.­nysenate.­gov/legislation/laws/TAX/209-O (updated Dec. 3, 2021; accessed Oct. 26, 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
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210‑C
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211
Reports
213
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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

Accessed:
Oct. 26, 2024

Last modified:
Dec. 3, 2021

§ 209-O’s source at nysenate​.gov

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