S T A T E O F N E W Y O R K
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5952
2017-2018 Regular Sessions
I N A S S E M B L Y
February 17, 2017
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Introduced by M. of A. PICHARDO -- read once and referred to the Commit-
tee on Ways and Means
AN ACT to amend the tax law, in relation to providing personal income
taxpayers with a modification reducing federal adjusted gross income
for tuition paid at any institution of higher education
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subsection (c) of section 612 of the tax law is amended by
adding a new paragraph 44 to read as follows:
(44) FOR TAXABLE YEARS BEGINNING ON AND AFTER JANUARY FIRST, TWO THOU-
SAND SEVENTEEN, THE AMOUNT PAID BY A TAXPAYER WITH A NEW YORK TAXABLE
INCOME BEFORE THE APPLICATION OF THIS PARAGRAPH OF LESS THAN ONE HUNDRED
THOUSAND DOLLARS, FOR TUITION AT ANY INSTITUTION OF HIGHER EDUCATION
WITHIN THE STATE PROVIDED SUCH EXPENSE IS FOR TUITION OF THE TAXPAYER OR
A DEPENDENT OF THE TAXPAYER AND; PROVIDED, HOWEVER, THAT SUCH AUTHORIZED
AMOUNT OF THE DEDUCTION SHALL NOT EXCEED THREE THOUSAND DOLLARS MULTI-
PLIED BY THE NUMBER OF PERSONS FOR WHOM SUCH TUITION IS PAID.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00866-01-7