Bill Text: NY A06794 | 2019-2020 | General Assembly | Amended


Bill Title: Amends the threshold of resident individuals required to file New York state income tax returns.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A06794 Detail]

Download: New_York-2019-A06794-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                         6794--A

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                     March 20, 2019
                                       ___________

        Introduced  by  M.  of A. MAGNARELLI, O'DONNELL, PAULIN -- read once and
          referred to the Committee on Ways and Means -- reported  and  referred
          to  the  Committee  on  Ways  and  Means -- committee discharged, bill
          amended, ordered reprinted as amended and recommitted to said  commit-
          tee

        AN ACT to amend the tax law, in relation to filing of income tax returns

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

     1    Section 1. Paragraph 1 of subsection (a) of section  651  of  the  tax
     2  law,  as  amended  by  section  6 of part J of chapter 59 of the laws of
     3  2014, is amended to read as follows:
     4    (1) every resident individual (A) required to file  a  federal  income
     5  tax  return  for  the taxable year, or (B) having federal adjusted gross
     6  income for the  taxable  year,  increased  by  the  modifications  under
     7  subsection (b) of section six hundred twelve of this article, [in excess
     8  of  four  thousand  dollars,  or]  in  excess  of  his New York standard
     9  deduction, [if lower,] or (C) having received during the taxable year  a
    10  lump  sum  distribution  any  portion  of  which is subject to tax under
    11  section six hundred three of this article;
    12    § 2. This act shall take effect immediately and shall apply to taxable
    13  years beginning on or after January 1, 2020.




         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10575-03-9
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