| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Jan 06, 2010 |
referred to investigations and government operations |
| Feb 12, 2009 |
referred to investigations and government operations |
Senate Bill S2156
2009-2010 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee
Actions
co-Sponsors
(R, C, IP) Senate District
(D) Senate District
(R, C) 24th Senate District
(R, C, Ind, WF) Senate District
2009-S2156 (ACTIVE) - Details
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd ยงยง606 & 210, Tax L
- Versions Introduced in 2011-2012 Legislative Session:
-
S192
2009-S2156 (ACTIVE) - Summary
Establishes an elder tax credit for taxpayers providing elder care and corporations providing elder care for their employees; defines qualified taxpayer as a single person with an income under 40 thousand dollars or a married couple with a joint income of less than 75 thousand dollars; provides that the elderly person be 65 years of age or older with an income under 13 thousand dollars.
2009-S2156 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2156
TITLE OF BILL :
An act to amend the tax law, in relation to establishing an elder care
tax credit
PURPOSE :
To provide those taking care of elderly relatives a tax credit and to
provide a tax credit to employers providing dependent care during work
hours to their employees' elderly relatives.
SUMMARY OF PROVISIONS :
Section 1. Adding a new subsection (qq) of section 606 of the tax law
to provide a tax credit in the amount of $1,000 to taxpayers caring
for elderly dependent relatives within the third degree of
consanguinity. The elderly dependent must be sixty-five years of age
or older and reside with the taxpayer for twelve months out of the
year. The individual receiving the credit must have an income of
$40,000 or less and married persons filing jointly must have an income
of $75,000 or less. The elderly individual receiving care must have an
income of $13,000 or less or $20,000 or less for married elderly
dependents.
Section 2. Section 210 of the tax law is amended to provide employers
a tax credit equal to twenty-five percent of total expenditures for
the provision of elder care services to elder dependents of employees.
2009-S2156 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
2156
2009-2010 Regular Sessions
I N S E N A T E
February 12, 2009
___________
Introduced by Sens. MAZIARZ, DeFRANCISCO, DIAZ, LANZA, MORAHAN, RANZEN-
HOFER, SALAND, YOUNG -- 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 an elder care
tax credit
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) ELDER CARE CREDIT. FOR TAXABLE YEARS COMMENCING ON AND AFTER
JANUARY ONE, TWO THOUSAND ELEVEN, A QUALIFIED TAXPAYER SHALL BE ALLOWED
A CREDIT AGAINST THE TAX IMPOSED BY THIS ARTICLE IN AN AMOUNT EQUAL TO
ONE THOUSAND DOLLARS. FOR THE PURPOSES OF THIS SUBSECTION A "QUALIFIED
TAXPAYER" SHALL MEAN A SINGLE PERSON WITH AN INCOME OF FORTY THOUSAND
DOLLARS OR LESS OR MARRIED PERSONS FILING JOINTLY WITH AN INCOME OF
SEVENTY-FIVE THOUSAND DOLLARS OR LESS WHO CARES FOR AN ELDERLY DEPENDENT
WHO IS SIXTY-FIVE YEARS OF AGE OR OLDER, RELATED TO THE TAXPAYER WITHIN
THE THIRD DEGREE OF CONSANGUINITY, WHO RESIDED WITH THE TAXPAYER FOR THE
TWELVE MONTHS IMMEDIATELY PRECEDING THE TAXABLE YEAR FOR WHICH THE CRED-
IT IS CLAIMED AND WHOSE INCOME IS THIRTEEN THOUSAND DOLLARS OR LESS FOR
A SINGLE ELDERLY DEPENDENT OR TWENTY THOUSAND DOLLARS OR LESS FOR
MARRIED ELDERLY DEPENDENTS.
S 2. Section 210 of the tax law is amended by adding a new subdivision
14 to read as follows:
14. (A) THERE SHALL BE ALLOWED AS A CREDIT AGAINST THE TAX IMPOSED BY
THIS ARTICLE FOR ANY TAXABLE YEAR AN AMOUNT EQUAL TO TWENTY-FIVE PERCENT
OF THE AMOUNT EXPENDED BY ANY EMPLOYER PROVIDING ELDER CARE FOR EMPLOY-
EES DURING THE EMPLOYEE'S WORK HOURS. CREDIT SHALL BE APPLIED TO THE
COST OF ANY CONTRACT EXECUTED BY THE EMPLOYER FOR OFF-SITE SERVICES TO
PROVIDE ELDER CARE; OR, IF THE EMPLOYER ELECTS TO PROVIDE ELDER CARE
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04622-01-9
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