Bill Text: NY A10039 | 2023-2024 | General Assembly | Introduced

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Bill Title: Exempts individuals sixty-five years of age and older from payment of the metropolitan commuter transportation mobility tax.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-05-02 - referred to ways and means [A10039 Detail]

Download: New_York-2023-A10039-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          10039

                   IN ASSEMBLY

                                       May 2, 2024
                                       ___________

        Introduced  by M. of A. BEEPHAN -- read once and referred to the Commit-
          tee on Ways and Means

        AN ACT to amend the  tax  law,  in  relation  to  exempting  individuals
          sixty-five  years  of  age  and older from payment of the metropolitan
          commuter transportation mobility tax

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Paragraph 2 of subsection (a) of section 801 of the tax law
     2  is amended by adding a new subparagraph (C) to read as follows:
     3    (C)  The  provisions of this section shall not apply to any individual
     4  with earnings from self-employment that are attributable to the MCTD  if
     5  such individual is sixty-five years of age or older.
     6    §  2.  This  act  shall take effect immediately and shall apply to tax
     7  years commencing on and after January 1, 2025.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15323-01-4