Bill Text: NY A05602 | 2019-2020 | General Assembly | Introduced


Bill Title: Relates to the creation of a child care tax deduction that shall be equal to the amount of income not to exceed $10,000 earned by an at home parent by providing child care services for up to two qualifying children.

Spectrum: Partisan Bill (Republican 10-0)

Status: (Introduced) 2019-02-13 - referred to ways and means [A05602 Detail]

Download: New_York-2019-A05602-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          5602
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 13, 2019
                                       ___________
        Introduced  by M. of A. MANKTELOW, BRABENEC, DeSTEFANO, GIGLIO -- Multi-
          Sponsored by -- M. of A. McDONOUGH, MIKULIN, WALSH --  read  once  and
          referred to the Committee on Ways and Means
        AN  ACT to amend the tax law, in relation to deductions against personal
          income tax
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Section  606  of  the  tax law is amended by adding a new
     2  subsection (v) to read as follows:
     3    (v) Child care tax deduction.  (1)  A  taxpayer  shall  be  allowed  a
     4  deduction  against  the  tax  imposed by this article. The amount of the
     5  deduction shall be equal to the amount of income not to exceed ten thou-
     6  sand dollars earned by  an  at  home  parent  by  providing  child  care
     7  services for up to two qualifying children.
     8    (2)(A)  For  the purposes of this subsection, "at home parent" means a
     9  parent who provides full-time care at the parent's residence for one  or
    10  more  of  the parent's own qualifying pre-school children and who claims
    11  the qualifying child as a dependent on the  parent's  individual  income
    12  tax return for the taxable year for which the parent claims the credit.
    13    (B)  For the purposes of this subsection, "parent" means an individual
    14  who:
    15    (i) is the biological mother or father of a qualifying child; or
    16    (ii) is the stepfather or stepmother of a qualifying child; or
    17    (iii) legally adopts a qualifying child; or  has  a  qualifying  child
    18  placed  in  the  individual's  home  by  a  child placing agency for the
    19  purpose of legally adopting the child; or
    20    (iv) is a legal guardian of a qualifying child.
    21    (C) For the purposes of this subsection  "qualifying  child"  means  a
    22  child  who  is not older than six years of age and is yet to enroll in a
    23  certified elementary school program  or  has  enrolled  in  a  certified
    24  elementary school program at some point during the taxable year.
    25    §  2. This act shall take effect on the first of January next succeed-
    26  ing the date on which it shall have become a law.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08936-01-9
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