S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1610

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2009
                               ___________

Introduced  by  M. of A. ZEBROWSKI, LUPARDO -- read once and referred to
  the Committee on Ways and Means

AN ACT to amend the tax law, in relation to  providing  a  deduction  in
  determining  personal income tax for the cost of textbooks at New York
  public and private colleges and universities

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Section  612  of  the  tax law is amended by adding a new
subsection (w) to read as follows:
  (W) QUALIFIED TEXTBOOK EXPENSES.  (1) FOR PURPOSES OF THIS SECTION:
  (A) "ELIGIBLE DEPENDENT" SHALL MEAN ANY INDIVIDUAL WHO IS A  DEPENDENT
OF  THE  TAXPAYER  WITH  RESPECT  TO  WHOM AN EXEMPTION IS ALLOWED UNDER
SECTION ONE HUNDRED FIFTY-TWO OF THE INTERNAL REVENUE CODE.
  (B) "QUALIFIED EDUCATION EXPENSES" SHALL MEAN  EXPENSES  INCURRED  FOR
TEXTBOOKS  FOR  A  QUALIFIED  TAXPAYER OR FOR AN ELIGIBLE DEPENDENT AT A
PUBLIC OR PRIVATE COLLEGE OR UNIVERSITY IN THIS STATE.
  (2) FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST,  TWO  THOU-
SAND TEN, A QUALIFIED TAXPAYER SHALL BE ENTITLED TO SUBTRACT FROM HIS OR
HER  FEDERAL ADJUSTED GROSS INCOME THE COST OF SUCH TAXPAYER'S OWN TEXT-
BOOKS OR THE COST OF AN ELIGIBLE DEPENDENT'S TEXTBOOKS AT A  COLLEGE  OR
UNIVERSITY  OF  THE  STATE  OR CITY UNIVERSITY, AND A PRIVATE COLLEGE OR
UNIVERSITY.
  S 2. This act shall take effect on the first of January next  succeed-
ing 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.
                                                           LBD02271-01-9