senate Bill S1065A

2013-2014 Legislative Session

Relates to providing a tax credit for the purchase of gun safety equipment

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Archive: Last Bill Status - In Committee


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

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 15, 2014 print number 1065a
amend and recommit to investigations and government operations
Jan 08, 2014 referred to investigations and government operations
Jan 09, 2013 referred to investigations and government operations

Bill Amendments

Original
A (Active)
Original
A (Active)

Co-Sponsors

S1065 - Bill Details

See Assembly Version of this Bill:
A771A
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §606, Tax L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S231A, A5832A
2009-2010: S2153, A7054

S1065 - Bill Texts

view summary

Provides a 25% tax credit against personal income taxes for the purchase of gun safety equipment up to $500.

view sponsor memo
BILL NUMBER:S1065

TITLE OF BILL:
An act
to amend the tax law, in relation to providing a tax credit for the
purchase of items relating to firearm safety

PURPOSE:
To provide a tax credit to those that purchase gun safety equipment
such as safes and vaults, or safety and trigger locks.

SUMMARY OF PROVISIONS:
Section 1, amends tax law by adding a new section (vv) providing a
twenty-five percent tax credit, "not to exceed five hundred dollars
per year, for the purchase of gun safes and vaults, firearm safety
locks, trigger locks, and other such items designed to ensure the
safe handling and storage of firearms.

Sections 2 is the effective date.

JUSTIFICATION:
Gun safes and vaults provide a mechanism to keep guns out of unwanted
hands, both children and buglers. In addition, safety and trigger
locks render them unusable to anyone other than the owner. This
legislation provides an incentive for those that own guns to keep
them out of the reach of unwanted hands, and to Prevent accidental
firing or use by anyone who could have stolen such a weapon. This
legislation is a practical way to encourage gun owners to invest in
gun safes and locks. Storing firearms safely helps prevent them from
falling into the wrong hands and protects against gun accidents
resulting from misuse. Nearly one-third of all violent crime in the
United States is committed with guns stolen from the homes of law
abiding Americans. This legislation should unite people from all
ideologies concerned with protecting the welfare of children and
securing homes.

LEGISLATIVE HISTORY:
S.231A/A5832A of 2011-2012; Reported and Committed to Finance
S.2153/ A.7054 of 2009/2010; Referred to Senate Investigations and
Government Operations Committee
S.955 of 2007/2008; Referred to Senate Investigations and Government
Operations Committee
S.6770 of 2005-2006; Referred to Senate Investigations and Government
Operations Committee

FISCAL IMPLICATIONS:
Minimal.

EFFECTIVE DATE:
Immediately.

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

                                  1065

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sens.  MAZIARZ,  DeFRANCISCO,  LANZA  --  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 providing a tax credit for
  the purchase of items relating to firearm safety

  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 (vv) to read as follows:
  (VV) A TAXPAYER SHALL BE ALLOWED A  CREDIT  AS  HEREINAFTER  PROVIDED,
AGAINST THE TAX IMPOSED BY THIS ARTICLE FOR THE PURCHASE, OTHER THAN FOR
RESALE,  OF  GUN SAFES OR VAULTS, FIREARM SAFETY LOCKS, TRIGGER LOCKS OR
OTHER ITEMS  DESIGNED  TO  ENSURE  THE  SAFE  HANDLING  AND  STORAGE  OF
FIREARMS.  THE AMOUNT OF CREDIT SHALL BE EQUAL TO TWENTY-FIVE PERCENT OF
THE COST TO THE TAXPAYER OF THE PURCHASE OF SUCH  FIREARM  SAFETY  ITEMS
DURING  THE TAXABLE YEAR, SUCH CREDIT NOT TO EXCEED FIVE HUNDRED DOLLARS
PER YEAR.
  S 2. This act shall take effect immediately and shall apply to taxable
years beginning on and after January 1, 2014.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02083-01-3

Co-Sponsors

S1065A (ACTIVE) - Bill Details

See Assembly Version of this Bill:
A771A
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §606, Tax L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S231A, A5832A
2009-2010: S2153, A7054

S1065A (ACTIVE) - Bill Texts

view summary

Provides a 25% tax credit against personal income taxes for the purchase of gun safety equipment up to $500.

view sponsor memo
BILL NUMBER:S1065A

TITLE OF BILL: An act to amend the tax law, in relation to providing
a tax credit for the purchase of items relating to firearm safety

PURPOSE: To provide a tax credit to those that purchase gun safety
equipment such as safes and vaults, or safety and trigger locks.

SUMMARY OF PROVISIONS:

Section 1, amends tax law by adding a new section (xx) providing a
twenty-five percent tax credit, "not to exceed five hundred dollars
per year, for the purchase of gun safes and vaults, firearm safety
locks, trigger locks, and other such items designed to ensure the safe
handling and storage of firearms.

Sections 2 is the effective date.

JUSTIFICATION: Gun safes and vaults provide a mechanism to keep guns
out of unwanted hands, both children and buglers. In addition, safety
and trigger locks render them unusable to anyone other than the owner.
This legislation provides an incentive for those that own guns to keep
them out of the reach of unwanted hands, and to Prevent accidental
firing or use by anyone who could have stolen such a weapon. This
legislation is a practical way to encourage gun owners to invest in
gun safes and locks. Storing firearms safely helps prevent them from
falling into the wrong hands and protects against gun accidents
resulting from misuse. Nearly one-third of all violent crime in the
United States is committed with guns stolen from the homes of law
abiding Americans. This legislation should unite people from all
ideologies concerned with protecting the welfare of children and
securing homes.

LEGISLATIVE HISTORY: S.231A/A5832A of 2011-2012; Reported and
Committed to Finance S.2153/ A.7054 of 2009/2010; Referred to Senate
Investigations and Government. Operations Committee S.955 of
2007/2008; Referred to Senate Investigations and Government Operations
Committee S.6770 of 2005-2006; Referred to Senate Investigations and
Government. Operations Committee

FISCAL IMPLICATIONS:Minimal.

EFFECTIVE DATE:Immediately.

view full text
download pdf
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 1065--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sens.  MAZIARZ,  DeFRANCISCO,  LANZA  --  read twice and
  ordered printed, and when printed to be committed to the Committee  on
  Investigations and Government Operations -- recommitted to the Commit-
  tee  on  Investigations  and  Government Operations in accordance with
  Senate Rule 6, sec. 8 -- committee discharged, bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN  ACT  to amend the tax law, in relation to providing a tax credit for
  the purchase of items relating to firearm safety

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

  Section 1. Subsections (yy) and (zz) of section 606 of the tax law, as
relettered  by section 5 of part H of chapter 1 of the laws of 2003, are
relettered subsections (yyy) and (zzz) and  a  new  subsection  (xx)  is
added to read as follows:
  (XX)  A  TAXPAYER  SHALL  BE ALLOWED A CREDIT AS HEREINAFTER PROVIDED,
AGAINST THE TAX IMPOSED BY THIS ARTICLE FOR THE PURCHASE, OTHER THAN FOR
RESALE, OF GUN SAFES OR VAULTS, FIREARM SAFETY LOCKS, TRIGGER  LOCKS  OR
OTHER  ITEMS  DESIGNED  TO  ENSURE  THE  SAFE  HANDLING  AND  STORAGE OF
FIREARMS. THE AMOUNT OF CREDIT SHALL BE EQUAL TO TWENTY-FIVE PERCENT  OF
THE  COST  TO  THE TAXPAYER OF THE PURCHASE OF SUCH FIREARM SAFETY ITEMS
DURING THE TAXABLE YEAR, SUCH CREDIT NOT TO EXCEED FIVE HUNDRED  DOLLARS
PER YEAR.
  S 2. This act shall take effect immediately and shall apply to taxable
years beginning on and after January 1, 2015.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02083-02-4

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