Bill Text: NY A04478 | 2013-2014 | General Assembly | Amended

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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 1-0)

Status: (Introduced - Dead) 2014-06-17 - held for consideration in ways and means [A04478 Detail]

Download: New_York-2013-A04478-Amended.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        4478--B
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                   February 5, 2013
                                      ___________
       Introduced  by M. of A. FINCH -- read once and referred to the Committee
         on Ways and Means  --  committee  discharged,  bill  amended,  ordered
         reprinted  as amended and recommitted to said committee -- recommitted
         to the Committee on Ways and Means in accordance with Assembly Rule 3,
         sec. 2 -- committee discharged, bill  amended,  ordered  reprinted  as
         amended and recommitted to said committee
       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    S  2.    Subsections  (yy)  and (zz) of section 606 of the tax law, as
    4  relettered by section 5 of part H of chapter 1 of the laws of 2003,  are
    5  relettered  subsections  (yyy)  and  (zzz)  and a new subsection (xx) is
    6  added to read as follows:
    7    (XX) CREDIT FOR INSTALLATION OF SMOKE ALARMS.  ANY RESIDENT  OWNER  OF
    8  REAL PROPERTY AS DEFINED IN SECTION ONE HUNDRED TWO OF THE REAL PROPERTY
    9  TAX  LAW  SHALL  BE  ALLOWED  A CREDIT AGAINST THE TAX OTHERWISE IMPOSED
   10  UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO  THE  COST  OF  PURCHASING  AND
   11  INSTALLING CERTAIN SMOKE ALARMS WHICH INCORPORATE PHOTOELECTRIC TECHNOL-
   12  OGY,  INCLUDING,  BUT  NOT  LIMITED  TO,  PHOTOELECTRIC  DETECTORS; DUAL
   13  PHOTOELECTRIC/IONIZATION DETECTORS;  AND  PHOTOELECTRIC/CARBON  MONOXIDE
   14  DETECTORS IN HIS OR HER RESIDENCE.
   15    S 3. This act shall take effect immediately and shall apply to taxable
   16  years beginning on or after January 1, 2014.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD00866-05-4