Bill Title: Provides for the reduction of federal adjusted gross income for state personal income tax purposes by excluding an amount representing the rental value of that portion of the taxpayer's home set aside as the living quarters of the parent of the taxpayer or his spouse; provides that when the taxpayer owns his home that amount will be the amount equal to the depreciation of that portion of the taxpayer's home; requires that during the taxable year such parent must be sixty-two years of age or older, reside with the taxpayer at least 6 months a year and pay no rent and such parent qualifies as an exemption of the taxpayer.

Spectrum: Moderate Partisan Bill (Democrat 20-5)

Status: (Introduced - Dead) 2012-01-04 - referred to ways and means [A06567 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2011-05-24	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for New York A06567

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for New York A06567 currently on file.

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