Bill Text: NY A06584 | 2021-2022 | General Assembly | Amended


Bill Title: Excludes from state income tax up to $10,200 of unemployment compensation benefits earned by a resident of the state.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Introduced - Dead) 2022-01-05 - referred to ways and means [A06584 Detail]

Download: New_York-2021-A06584-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                         6584--A

                               2021-2022 Regular Sessions

                   IN ASSEMBLY

                                     March 19, 2021
                                       ___________

        Introduced by M. of A. ABBATE -- 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 excluding from state  income
          tax unemployment compensation benefits

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

     1    Section 1. Subsection (c) of section 612 of the tax law is amended  by
     2  adding a new paragraph 43 to read as follows:
     3    (43)  For  each taxable year beginning on and after January first, two
     4  thousand twenty, an amount up to ten thousand  two  hundred  dollars  of
     5  unemployment compensation received by a taxpayer.
     6    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09500-05-1
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