Bill Text: NY S02894 | 2019-2020 | General Assembly | Introduced

New York Senate Bill 2894 (Prior Session Legislation)

Introduced

Bill Title: Provides that the income level for the requirement to file a personal income tax return shall be the dollar amount of the New York standard deduction.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO BUDGET AND REVENUE [S02894 Detail]

Download: New_York-2019-S02894-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          2894
                               2019-2020 Regular Sessions
                    IN SENATE
                                    January 30, 2019
                                       ___________
        Introduced  by Sen. KAVANAGH -- read twice and ordered printed, and when
          printed to be committed to the Committee on Budget and Revenue
        AN ACT to amend the tax law, in relation to the requirement  to  file  a
          personal income tax return
          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 or her New York standard
     9  deduction, [if lower,] or [(C)] (B) having received during  the  taxable
    10  year  a  lump  sum  distribution  any portion of which is subject to tax
    11  under section six hundred three of this article;
    12    § 2. This act shall take effect immediately and  shall  apply  to  all
    13  taxable  years  beginning  on  or after the date on which this act shall
    14  have become a law.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07300-01-9