S T A T E O F N E W Y O R K
________________________________________________________________________
10234
I N A S S E M B L Y
March 27, 2020
___________
Introduced by M. of A. RAMOS -- read once and referred to the Committee
on Ways and Means
AN ACT to amend the tax law, in relation to providing a tax credit to
individuals with disabilities for using transportation network compa-
nies to get to work and/or school
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 (kkk) to read as follows:
(KKK) CREDIT FOR INDIVIDUALS WITH DISABILITIES WHO USE TRANSPORTATION
NETWORK COMPANIES. (1) ALLOWANCE AND AMOUNT OF CREDIT. A TAXPAYER, WHO
IS A QUALIFIED INDIVIDUAL WITH A DISABILITY AS DEFINED IN THE REHABILI-
TATION ACT OF NINETEEN HUNDRED NINETY-THREE (29 U.S.C. 701) AS AMENDED
AND WHO USES TRANSPORTATION NETWORK COMPANIES TO GET TO WORK AND/OR
SCHOOL, SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN THIS
SUBSECTION, AGAINST THE TAX IMPOSED BY THIS ARTICLE. THE AMOUNT OF THE
CREDIT SHALL BE EQUAL TO THE EXPENSES INCURRED DURING A TAXABLE YEAR FOR
USING TRANSPORTATION NETWORK COMPANIES TO GET TO WORK AND/OR SCHOOL.
PROVIDED, HOWEVER, THAT SUCH CREDIT SHALL NOT EXCEED FIVE HUNDRED
DOLLARS.
(2) DEFINITIONS. "TRANSPORTATION NETWORK COMPANY" OR "TNC" SHALL HAVE
THE SAME MEANING AS THE TERM IS DEFINED IN ARTICLE FORTY-FOUR-B OF THE
VEHICLE AND TRAFFIC LAW.
(3) TAX RETURN REQUIREMENT. THE TAXPAYER SHALL BE REQUIRED TO ATTACH
TO THEIR TAX RETURN, IN THE FORM PRESCRIBED BY THE COMMISSIONER, VERIFI-
CATION OF SUCH TAXPAYER'S DISABILITY AND VERIFICATION THAT SUCH TRANS-
PORTATION WAS USED TO TRAVEL TO WORK AND/OR SCHOOL.
(4) APPLICATION OF CREDIT. IF THE AMOUNT OF THE CREDIT SHALL EXCEED
THE TAXPAYER'S TAX FOR SUCH YEAR THE EXCESS SHALL BE CARRIED OVER TO THE
FOLLOWING YEAR OR YEARS, AND MAY BE DEDUCTED FROM THE TAXPAYER'S TAX FOR
SUCH YEAR OR YEARS.
§ 2. This act shall take effect immediately and shall apply to taxable
years beginning on and after January 1, 2020.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
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