S T A T E O F N E W Y O R K
________________________________________________________________________
4350
2015-2016 Regular Sessions
I N A S S E M B L Y
January 30, 2015
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Introduced by M. of A. PALMESANO -- Multi-Sponsored by -- M. of A.
BLANKENBUSH, BRAUNSTEIN, CROUCH, DiPIETRO, FINCH, GIGLIO, KATZ,
MALLIOTAKIS, McDONOUGH, McLAUGHLIN, RAIA, TENNEY -- read once and
referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to establishing an income tax
credit for a teacher's unreimbursed expenditures for qualified class-
room or teaching supplies
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 (ccc) to read as follows:
(CCC) CREDIT FOR A TEACHER'S UNREIMBURSED EXPENDITURES FOR QUALIFIED
CLASSROOM OR TEACHING SUPPLIES. (1) FOR PURPOSES OF THIS SUBSECTION
"QUALIFIED EXPENDITURES FOR CLASSROOM OR TEACHING SUPPLIES" SHALL MEAN
EXPENDITURES FOR CLASSROOM BOOKS AND OTHER INSTRUCTIONAL MATERIALS AND
EQUIPMENT USED IN ELEMENTARY AND SECONDARY SCHOOLS, NOTEBOOKS, WRITING
UTENSILS INCLUDING BUT NOT LIMITED TO PENCILS, PENS, CRAYONS AND MARK-
ERS, PAPER, TEACHING MATERIALS SUCH AS POSTERS AND SUPPLIES FOR SPECIAL
PROJECTS, AND FIELD TRIP COSTS. CLASSROOM BOOKS AND OTHER INSTRUCTIONAL
MATERIALS SHALL NOT INCLUDE BOOKS AND MATERIALS USED IN THE TEACHING OF
RELIGIOUS TENETS, DOCTRINES, OR WORSHIP, THE PURPOSE OF WHICH IS TO
INSTILL SUCH TENETS, DOCTRINES, OR WORSHIP, NOR DOES IT INCLUDE BOOKS OR
MATERIALS FOR EXTRACURRICULAR ACTIVITIES INCLUDING SPORTING EVENTS,
SPEECH ACTIVITIES, DRIVER'S EDUCATION, OR SIMILAR PROGRAMS, WITH THE
EXCEPTION OF MUSICAL OR DRAMATIC EVENTS OR PROGRAMS.
(2) FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOU-
SAND SEVENTEEN, A QUALIFIED TAXPAYER SHALL BE ALLOWED A MAXIMUM CREDIT
OF FIVE HUNDRED DOLLARS ANNUALLY AGAINST THE TAX IMPOSED BY THIS ARTICLE
FOR QUALIFIED EXPENDITURES FOR CLASSROOM OR TEACHING SUPPLIES IN QUALI-
FIED ELEMENTARY AND SECONDARY EDUCATIONAL INSTITUTIONS, PROVIDED, HOWEV-
ER, THAT THE AMOUNT OF SUCH CREDIT SHALL NOT EXCEED THE TAX IMPOSED BY
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08129-01-5
A. 4350 2
SECTION SIX HUNDRED ONE OF THIS PART, FOR THE TAXABLE YEAR. IF THE CRED-
IT EXCEEDS THE TAX AS SO REDUCED, THE TAXPAYERS MAY RECEIVE, AND THE
COMPTROLLER, SUBJECT TO A CERTIFICATE OF THE COMMISSIONER, SHALL PAY TO
THE TAXPAYER AS AN OVERPAYMENT, WITHOUT INTEREST, THE AMOUNT OF SUCH
EXCESS.
S 2. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2017.