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Assembly Bill A5749

2009-2010 Legislative Session

Establishes certain credits against income tax for qualified education expenses

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Archive: Last Bill Status - In Assembly Committee

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2009-A5749 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Amd ยง606, Tax L

2009-A5749 (ACTIVE) - Summary

Establishes a credit against income tax for qualified elementary education, secondary education, and home instruction expenses including, but not limited to, fees or tuition instruction or tutoring, expenses for textbooks, educational software and special education evaluation, services and programs.

2009-A5749 (ACTIVE) - Bill Text download pdf

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

                                  5749

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 19, 2009
                               ___________

Introduced by M. of A. V. LOPEZ -- read once and referred to the Commit-
  tee on Ways and Means

AN  ACT  to amend the tax law, in relation to establishing an income tax
  credit for qualified elementary  education,  secondary  education  and
  home instruction expenses

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

  Section 1.  Section 606 of the tax law is  amended  by  adding  a  new
subsection (qq) to read as follows:
  (QQ)  CREDIT  FOR QUALIFIED ELEMENTARY EDUCATION, SECONDARY EDUCATION,
AND HOME INSTRUCTION EXPENSES.  (1) FOR PURPOSES OF THIS SUBSECTION:
  (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  ELEMENTARY  AND  SECONDARY  EDUCATIONAL  INSTITUTIONS"
SHALL MEAN:
  (I)  ANY  ELEMENTARY  OR  SECONDARY SCHOOL OF A PUBLIC SCHOOL DISTRICT
LOCATED IN THIS STATE HOWEVER CREATED; AND
  (II) ANY NON-PROFIT ELEMENTARY OR SECONDARY SCHOOL IN THIS STATE WHICH
(I) PROVIDES INSTRUCTION IN ACCORDANCE WITH SECTION  THIRTY-TWO  HUNDRED
FOUR  OF  THE  EDUCATION  LAW,  (II) IS ENTITLED TO TOTAL EXEMPTION FROM
FEDERAL TAXATION UNDER SECTION FIVE HUNDRED ONE (A) AND FIVE HUNDRED ONE
(C)(3) OF THE FEDERAL INTERNAL REVENUE CODE, (III) HAS NOT BEEN FOUND IN
VIOLATION OF TITLE VI OF  THE  CIVIL  RIGHTS  ACT  OF  NINETEEN  HUNDRED
SIXTY-FOUR,  78 STAT. 252, 42 USC SECTION 2000 (D), AS IT MAY BE AMENDED
FROM TIME TO TIME. THE COMMISSIONER OF EDUCATION SHALL  FURNISH  TO  THE
DEPARTMENT BY FEBRUARY FIRST OF EACH YEAR, A CERTIFIED LIST OF NON-PUBL-
IC  SCHOOLS  WHICH COMPLY WITH ITEM (I) OF THIS CLAUSE FOR THE PRECEDING
CALENDAR YEAR AND SHALL PROVIDE SUCH OTHER ASSISTANCE  WITH  RESPECT  TO
WHETHER  NON-PUBLIC  SCHOOLS  SHOULD  COME  WITHIN  SUCH ITEM (I) AS THE
DEPARTMENT MAY REQUIRE.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08952-01-9
              

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