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
feedback