Bill Text: NY S00867 | 2023-2024 | General Assembly | Introduced

New York Senate Bill 867

Introduced

Bill Title: Establishes a credit against income tax for service dogs.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2024-01-03 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S00867 Detail]

Download: New_York-2023-S00867-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                           867

                               2023-2024 Regular Sessions

                    IN SENATE

                                     January 6, 2023
                                       ___________

        Introduced  by  Sen.  ORTT  --  read twice and ordered printed, and when
          printed to be committed to the Committee on Investigations and Govern-
          ment Operations

        AN ACT to amend the tax  law,  in  relation  to  establishing  a  credit
          against income tax for service dogs

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

     1    Section 1. Section 606 of the tax law  is  amended  by  adding  a  new
     2  subsection (bbb) to read as follows:
     3    (bbb)  Credit  for service dogs. (1) For taxable years beginning on or
     4  after January first, two thousand  twenty-three,  a  taxpayer  shall  be
     5  allowed  a  credit  as  hereinafter provided, against the tax imposed by
     6  this article, in an amount equal to the qualified service  dog  expendi-
     7  tures  made  by  the  taxpayer.  Provided, however, the credit shall not
     8  exceed one thousand dollars.
     9    (2) Tax credits allowed pursuant to this subsection shall  be  allowed
    10  in the taxable year in which the expenditures were made.
    11    (3)  If  the  amount of the credit allowable under this subsection for
    12  any taxable year shall exceed the taxpayer's  tax  for  such  year,  the
    13  excess  may  be  carried over to the following year or years, and may be
    14  applied against the taxpayer's tax for such year or years, but shall not
    15  exceed one thousand dollars.
    16    (4) The term "qualified service  dog  expenditures"  shall  mean,  for
    17  purposes  of  this  subsection,  necessary  expenses  for  maintaining a
    18  service dog, as defined in subdivision seven of section forty-seven-b of
    19  the civil rights law, including, but not limited  to,  food,  veterinary
    20  care, training, boarding, and clothing.
    21    § 2. This act shall take effect immediately and shall apply to taxable
    22  years beginning on or after January 1, 2023.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01280-01-3