Section 1301-C. City separate tax relating to qualified higher education funds

The provisions of the city separate  tax  relating  to  qualified  higher education funds imposed pursuant to the authority of this article
  shall  be  identical in terms to the corresponding provisions of article
  twenty-two of this chapter, except as to rate, and except  as  otherwise
  provided  in  this  article,  so  far  as the provisions of such article
  twenty-two can be made applicable  to  the  tax  authorized,  with  such
  limitations and modifications as may be necessary in order to adapt such
  language  to  such  city  separate  tax  relating  to  qualified  higher
  education funds, and including a proration of the amount of assets taxed
  according to the portion of the total  assets  distributed  representing
  contributions  to  the  qualified  higher  education fund made by a city
  resident individual, estate or trust.
    * NB Repealed as applied to taxable years beginning after 1987