Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 31, 2016 |
vetoed memo.303 |
Dec 20, 2016 |
delivered to governor |
Jun 14, 2016 |
returned to senate passed assembly ordered to third reading rules cal.232 substituted for a8703 |
Jun 14, 2016 |
substituted by s6369 rules report cal.232 reported |
Jun 07, 2016 |
reported referred to rules |
Jan 13, 2016 |
referred to ways and means |
Assembly Bill A8703
Vetoed By Governor2015-2016 Legislative Session
Sponsored By
GJONAJ
Archive: Last Bill Status Via S6369 - Vetoed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Vetoed By Governor
- Signed By Governor
Actions
Votes
co-Sponsors
Andrew Raia
Earlene Hooper
multi-Sponsors
Chad A. Lupinacci
William Magee
2015-A8703 (ACTIVE) - Details
- See Senate Version of this Bill:
- S6369
- Law Section:
- Tax Law
- Laws Affected:
- Amd §§190, 210-B, 606 & 1511, Tax L; amd §1117, Ins L
2015-A8703 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8703 I N A S S E M B L Y January 13, 2016 ___________ Introduced by M. of A. GJONAJ -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law and the insurance law, in relation to cred- its for premiums paid for long-term care insurance policies THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 190 of the tax law, as amended by section 102 of part A of chapter 59 of the laws of 2014, is amended to read as follows: 1. General. A taxpayer shall be allowed a credit against the tax imposed by this article equal to twenty percent of the premium paid during the taxable year for long-term care insurance OR FOR A POLICY RIDER TO A LIFE INSURANCE POLICY ISSUED PURSUANT TO SUBPARAGRAPH (C), (D), (E) OR (F) OF PARAGRAPH ONE OF SUBSECTION (A) OF SECTION ONE THOU- SAND ONE HUNDRED THIRTEEN OF THE INSURANCE LAW. In order to qualify for such credit, the taxpayer's premium payment must be for the purchase of or for continuing coverage under a long-term care insurance policy that qualifies for such credit pursuant to section one thousand one hundred seventeen of the insurance law. S 2. Paragraph (a) of subdivision 14 of section 210-B of the tax law, as added by section 17 of part A of chapter 59 of the laws of 2014, is amended to read as follows: (a) General. A taxpayer shall be allowed a credit against the tax imposed by this article equal to twenty percent of the premium paid during the taxable year for long-term care insurance OR FOR A POLICY RIDER TO A LIFE INSURANCE POLICY ISSUED PURSUANT TO SUBPARAGRAPH (C), (D), (E) OR (F) OF PARAGRAPH ONE OF SUBSECTION (A) OF SECTION ONE THOU- SAND ONE HUNDRED THIRTEEN OF THE INSURANCE LAW. In order to qualify for such credit, the taxpayer's premium payment must be for the purchase of or for continuing coverage under a long-term care insurance policy that qualifies for such credit pursuant to section one thousand one hundred seventeen of the insurance law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13304-01-5
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