Bill Text: NY A06800 | 2021-2022 | General Assembly | Introduced

New York Assembly Bill 6800 (Prior Session Legislation)

Introduced

Bill Title: Provides taxpayers with a modification reducing federal adjusted gross income for tuition paid at any higher education institution.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2021-09-15 - enacting clause stricken [A06800 Detail]

Download: New_York-2021-A06800-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          6800

                               2021-2022 Regular Sessions

                   IN ASSEMBLY

                                      April 8, 2021
                                       ___________

        Introduced by M. of A. PICHARDO, SAYEGH -- read once and referred to the
          Committee on Ways and Means

        AN  ACT  to  amend the tax law, in relation to providing personal income
          taxpayers with a modification reducing federal adjusted  gross  income
          for tuition paid at any institution of higher education

          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 taxable years beginning on and after January first, two thou-
     4  sand  twenty-one,  the amount paid by a taxpayer with a federal adjusted
     5  gross income of less than one hundred thousand dollars, for  tuition  at
     6  any  institution  of  higher  education  within  the state provided such
     7  expense is for tuition of the taxpayer or a dependent  of  the  taxpayer
     8  and;  provided,  however,  that  such authorized amount of the deduction
     9  shall not exceed three thousand dollars  multiplied  by  the  number  of
    10  persons for whom such tuition is paid.
    11    § 2. This act shall take effect immediately.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08249-01-1