NY A07111 | 2009-2010 | General Assembly
Status
Spectrum: Moderate Partisan Bill (Republican 14-2)
Status: Introduced on March 20 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 20 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
This bill would create two new personal income tax deductions equal to the sales tax paid (both State and local) and the interest incurred on the first $49,500 of the vehicle purchase price.
Title
Establishes tax deductions for the tax paid by the taxpayer in connection with the purchase of a new automobile and for the interest paid by the taxpayer in connection with an automobile loan.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-06 | referred to ways and means | |
| 2009-03-20 | referred to ways and means |
