Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 23, 2010 |
referred to ways and means |
Assembly Bill A10823
2009-2010 Legislative Session
Sponsored By
TEDISCO
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Marc Butler
Andrew Raia
Fred Thiele
multi-Sponsors
James Conte
Stephen Hawley
Thomas McKevitt
Mike Spano
2009-A10823 (ACTIVE) - Details
2009-A10823 (ACTIVE) - Sponsor Memo
BILL NUMBER:A10823 TITLE OF BILL: An act to amend the tax law, in relation to establishing an exemption from the state personal income tax for certain veterans seventy-five years of age or older PURPOSE OR GENERAL IDEA OF THE BILL: This bill would amend the tax law to exempt veterans age seventy-five years or older, with an annual gross income of less than $40,000 from paying state personal income tax. SUMMARY OF SPECIFIC PROVISIONS: Section 601 of the tax law is amended by adding a new subsection (g-1). A taxpayer shall be exempt from State personal income tax under this article if he or she is a veteran of the armed forces of the United States, as defined in section thirteen-a of the general construction law, with an annual total gross income of less than forty thousand dollars and is seventy-five years of age or older. JUSTIFICATION: This exemption from personal income tax is only one way for the State of New York to express their gratitude to these men and women who have served our country. Not only does this recognize their service, but provides them with more money during their retirement years. PRIOR LEGISLATIVE HISTORY: 2008: A.5265; Held for consideration in Ways and Means 2007:" A.5265; Referred to Ways and Means 2006: A.3843; Referred to Ways and Means
2009-A10823 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10823 I N A S S E M B L Y April 23, 2010 ___________ Introduced by M. of A. TEDISCO, BUTLER, RAIA, THIELE -- Multi-Sponsored by -- M. of A. CONTE, HAWLEY, McKEVITT, SPANO -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to establishing an exemption from the state personal income tax for certain veterans seventy-five years of age or older THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 601 of the tax law is amended by adding a new subsection (g-1) to read as follows: (G-1) EXEMPT VETERANS. NOTWITHSTANDING ANY OTHER PROVISION OF LAW TO THE CONTRARY, A TAXPAYER SHALL BE EXEMPT FROM THE TAX UNDER THIS ARTICLE IF HE OR SHE IS A VETERAN OF THE ARMED FORCES OF THE UNITED STATES, AS DEFINED IN SECTION THIRTEEN-A OF THE GENERAL CONSTRUCTION LAW, WITH AN ANNUAL TOTAL GROSS INCOME OF LESS THAN FORTY THOUSAND DOLLARS AND IS SEVENTY-FIVE YEARS OF AGE OR OLDER. S 2. This act shall take effect immediately and shall apply to taxable years beginning on or after the first of January next succeeding the date on which it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15854-01-0
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.