N.Y. TAX Law § 209-N

* § 209-N. Retired and rescued thoroughbred race horse aftercare.\nEffective for any tax year commencing on or after the effective date of\nthis section, a taxpayer in any taxable year may elect to contribute to\nthe New York state thoroughbred breeding and development fund\nestablished pursuant to section two hundred fifty-two of the racing,\npari-mutuel wagering and breeding law, for the purpose of funding the\noperation of retired race horse aftercare facilities. Any contributions\nmade to the thoroughbred breeding and development fund pursuant to this\nsection shall be deposited into a dedicated account managed by the fund,\nwhich shall solely be used for funding the operation of retired race\nhorse aftercare facilities, with a preference for those organizations\nthat are accredited horse retirement and rescue programs. Such\ncontribution shall be in any whole dollar amount and shall not reduce\nthe amount of the state tax owed by such taxpayer. The commissioner\nshall include space on the corporate income tax return to enable a\ntaxpayer to make such contribution. Notwithstanding any other provision\nof law, all revenues collected pursuant to this section shall be\ncredited to the New York state thoroughbred retirement race horse and\naftercare fund and shall be used only for those purposes set forth in\nparagraph h of subdivision two of section two hundred fifty-four of the\nracing, pari-mutuel wagering and breeding law.\n * NB Effective January 1, 2022\n