Bill Text: NY A01943 | 2013-2014 | General Assembly | Amended
Bill Title: Permits a state income tax deduction for home security devices, including but not limited to exterior lighting, burglar and fire alarms and sprinkler systems installed by the owner occupant of a one, two or three family home for an amount not to exceed $500.
Spectrum: Partisan Bill (Democrat 10-0)
Status: (Introduced - Dead) 2014-06-17 - held for consideration in ways and means [A01943 Detail]
Download: New_York-2013-A01943-Amended.html
S T A T E O F N E W Y O R K
________________________________________________________________________
1943--A
2013-2014 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 9, 2013
___________
Introduced by M. of A. HOOPER -- Multi-Sponsored by -- M. of A. BENEDET-
TO, CLARK, CYMBROWITZ, RIVERA, ROBINSON, TITUS, WEPRIN, WRIGHT,
ZEBROWSKI -- read once and referred to the Committee on Ways and Means
-- committee discharged, bill amended, ordered reprinted as amended
and recommitted to said committee
AN ACT to amend the tax law, in relation to granting a deduction in
personal income tax for home security expenses
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 5 to read as follows:
3 (5) AN AMOUNT, NOT EXCEEDING FIVE HUNDRED DOLLARS IN THE AGGREGATE,
4 FOR THE EXPENSES INCURRED BY A TAXPAYER WHO IS OWNER OCCUPANT OF A ONE,
5 TWO, OR THREE FAMILY HOME FOR PROVIDING SECURITY FOR HIS OR HER HOME
6 INCLUDING, BUT NOT LIMITED TO, EXTERIOR LIGHTING, BURGLAR ALARMS, FIRE
7 ALARMS AND FIRE SPRINKLER SYSTEMS.
8 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05670-02-3
