Bill Text: NY A06948 | 2021-2022 | General Assembly | Introduced
Bill Title: Relates to excluding from state income tax unemployment benefits received during the COVID-19 pandemic; issues a refund for any such taxes paid by a taxpayer.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-01-05 - referred to ways and means [A06948 Detail]
Download: New_York-2021-A06948-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6948 2021-2022 Regular Sessions IN ASSEMBLY April 14, 2021 ___________ Introduced by M. of A. DICKENS -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the tax law, in relation to excluding from state income tax certain unemployment compensation benefits The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision (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. LBD09712-01-1