Bill Text: NY A04291 | 2023-2024 | General Assembly | Introduced

New York Assembly Bill 4291

Introduced

Bill Title: Enacts "Averyana's law"; provides a tax credit for the purchase and installation of certain smoke alarms which incorporate photoelectric technology including but not limited to: photoelectric detectors; dual photoelectric/ionization detectors; and photoelectric/carbon monoxide detectors.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2024-01-03 - referred to ways and means [A04291 Detail]

Download: New_York-2023-A04291-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          4291

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                    February 14, 2023
                                       ___________

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

        AN ACT to amend the tax law, in relation to enacting "Averyana's law"

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

     1    Section 1. This act shall be known and may  be  cited  as  "Averyana's
     2  law".
     3    §  2. Section 606 of the tax law is amended by adding a new subsection
     4  (bbb) to read as follows:
     5    (bbb) Credit for installation of smoke alarms.  Any resident owner  of
     6  real property as defined in section one hundred two of the real property
     7  tax  law  shall  be  allowed  a credit against the tax otherwise imposed
     8  under this article in an amount equal to  the  cost  of  purchasing  and
     9  installing certain smoke alarms which incorporate photoelectric technol-
    10  ogy,  including,  but  not  limited  to,  photoelectric  detectors; dual
    11  photoelectric/ionization detectors;  and  photoelectric/carbon  monoxide
    12  detectors in his or her residence.
    13    § 3. This act shall take effect immediately and shall apply to taxable
    14  years beginning on or after January 1, 2023.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01220-01-3