Section 626. The United States Olympic Committee/Lake Placid Olympic Training Center Fund  


Latest version.
  • Effective for any taxable year  commencing  on  or  after  the  first  day  of January next succeeding the effective date of
      this section, an individual in any taxable year may elect to  contribute
      an  amount  of  two  dollars to the United States Olympic Committee/Lake
      Placid Olympic Training Center Fund. Such contribution shall not  reduce
      the  amount of state tax owed by such individual. The commissioner shall
      include a space on the personal income tax return to enable  a  taxpayer
      to make such contribution. Notwithstanding any other provision of law to
      the  contrary,  all revenues collected pursuant to this section shall be
      credited to the United  States  Olympic  Committee/Lake  Placid  Olympic
      Training  Center  Fund  and  used  only for those purposes enumerated in
      section eighty-four of the state finance law.