STATE OF NEW YORK ________________________________________________________________________ 5458 2019-2020 Regular Sessions IN ASSEMBLY February 12, 2019 ___________ Introduced by M. of A. GOODELL, FRIEND -- Multi-Sponsored by -- M. of A. MORINELLO -- read once and referred to the Committee on Ways and Means AN ACT requiring the commissioner of taxation and finance in conjunction with the department of health and the office of temporary and disabil- ity assistance to conduct a study on the earned income tax credit and to describe changes thereto The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Earned income tax credit study. 1. The commissioner of 2 taxation and finance in conjunction with the department of health and 3 the office of temporary and disability assistance is authorized and 4 directed to conduct a study on the New York state earned income tax 5 credit and to describe changes to the tax credit that would allow for 6 the adjustment of the credit to offset any loss of public benefits 7 resulting from increased employment, thereby ensuring that a recipient's 8 net income increases whenever they receive an increase in earned income. 9 2. Such study shall be submitted to the legislature on or before April 10 15, 2020. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09018-01-9