senate Bill S1436

2011-2012 Legislative Session

Establishes a credit against personal income taxes for certain tuition expenses and modifies income; repealer

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

do you support this legislation?

You must fill out the form below in order to support or oppose this bill. X

You must login or fill out the fields below for the senator to have an accurate account of the support or opposition to this bill.

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.
Use this box to enter a message to your senator.

Actions

view actions (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 04, 2012 referred to investigations and government operations
Jun 02, 2011 reported and committed to finance
Jan 07, 2011 referred to investigations and government operations

Votes

view votes

Jun 2, 2011 - Investigations and Government Operations committee Vote

S1436
6
0
committee
6
Aye
0
Nay
2
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Investigations and Government Operations committee vote details

Investigations and Government Operations Committee Vote: Jun 2, 2011

aye wr (2)

Co-Sponsors

view additional co-sponsors

S1436 - Details

Law Section:
Tax Law
Laws Affected:
Amd §606, rpld & add §612 sub§ (j), Tax L; rpld & add §11-1712 sub (j), NYC Ad Cd
Versions Introduced in 2009-2010 Legislative Session:
S1594

S1436 - Summary

Establishes a credit against personal income taxes for certain tuition expenses for taxpayers who qualify for an earned income tax credit, in the amount of 10% of the EIC, up to $500 per eligible dependent child; provides for a modification of gross taxable income for elementary and secondary school tuition for personal income tax purposes.

S1436 - Sponsor Memo

S1436 - Bill Text download pdf

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

                                  1436

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                             January 7, 2011
                               ___________

Introduced  by Sens. GOLDEN, DeFRANCISCO, JOHNSON, MAZIARZ -- read twice
  and ordered printed, and when printed to be committed to the Committee
  on Investigations and Government Operations

AN ACT to amend the tax law, in relation to a  credit  against  personal
  income  taxes  for  certain tuition expenses; to amend the tax law and
  the administrative code of the  city  of  New  York,  in  relation  to
  providing  for  a  modification  of  elementary  and  secondary school
  tuition for  personal  income  tax  purposes;  and  repealing  certain
  provisions of such laws relating thereto

  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 (ss) to read as follows:
  (SS)  TUITION  TAX  CREDIT.  (1) GENERAL. A RESIDENT TAXPAYER SHALL BE
ALLOWED A CREDIT AGAINST THE TAX IMPOSED BY THIS ARTICLE, IN THE  AMOUNT
OF  TEN  PERCENT  OF  THE  EARNED INCOME CREDIT SUCH TAXPAYER IS ALLOWED
UNDER SECTION THIRTY-TWO OF THE INTERNAL REVENUE CODE FOR THE SAME TAXA-
BLE YEAR, MULTIPLIED BY THE NUMBER OF DEPENDENTS ATTENDING AN ELEMENTARY
OR SECONDARY PUBLIC OR NONPUBLIC SCHOOL ON  A  FULL-TIME  BASIS  FOR  AT
LEAST  THREE MONTHS DURING THE REGULAR SCHOOL YEAR, FOR THE EDUCATION OF
SUCH DEPENDENT IN GRADES KINDERGARTEN THROUGH TWELVE, PROVIDED THAT SUCH
CREDIT SHALL NOT EXCEED FIVE HUNDRED DOLLARS  PER  DEPENDENT  CHILD  AND
PROVIDED  FURTHER  THAT  SUCH  TAXPAYER  IS  ALLOWED  AN EXEMPTION UNDER
SECTION SIX HUNDRED SIXTEEN OF THIS  ARTICLE  FOR  SUCH  DEPENDENT.  THE
CREDIT  UNDER  THIS SUBSECTION SHALL NOT EXCEED THE AMOUNT PAID FOR EACH
SUCH DEPENDENT IN TUITION TO SUCH  ELEMENTARY  OR  SECONDARY  PUBLIC  OR
NONPUBLIC SCHOOL FOR SUCH EDUCATION OF SUCH DEPENDENT.
  (2) DEFINITIONS. (A) "TUITION", AS USED IN THIS SUBSECTION, SHALL MEAN
THE AMOUNT ACTUALLY PAID DURING THE TAXABLE YEAR BY THE TAXPAYER FOR THE
ENROLLMENT OF A DEPENDENT DURING THE REGULAR SCHOOL YEAR AT AN ELEMENTA-
RY OR SECONDARY PUBLIC OR NONPUBLIC SCHOOL.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04637-01-1

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. 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.