Bill Text: NY A01768 | 2019-2020 | General Assembly | Introduced

Bill Title: Provides for a tax deduction for the adoption of a child with special needs of an amount equal to $10,000.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced) 2019-01-17 - referred to ways and means [A01768 Detail]

Download: New_York-2019-A01768-Introduced.html

                STATE OF NEW YORK
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    January 17, 2019
        Introduced  by M. of A. SIMON -- read once and referred to the Committee
          on Ways and Means
        AN ACT to amend the tax law, in relation to establishing a tax deduction
          for the adoption of a child with special needs
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1. Subsection (d) of section 615 of the tax law is amended by
     2  adding a new paragraph 6 to read as follows:
     3    (6) an amount equal to ten thousand dollars  for  the  adoption  of  a
     4  child  with  special  needs. The amount allowed by this paragraph may be
     5  used by a taxpayer to increase his or her deduction in  each  year  that
     6  the taxpayer is the legal parent of a child with special needs.
     7    For  purposes of this paragraph, a child with special needs shall mean
     8  any child who is under the age of twenty-one and who possesses a specif-
     9  ic physical, mental, or emotional condition or disability of such sever-
    10  ity or kind that, in the opinion of the office of  children  and  family
    11  services,  would  constitute  a  significant  obstacle  to  the  child's
    12  adoption.
    13    § 2. This act shall take effect immediately and shall apply to taxable
    14  years commencing on and after January 1, 2019.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.