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