S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3884
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 31, 2019
                                ___________
 
 Introduced  by  M. of A. ZEBROWSKI, LUPARDO -- read once and referred to
   the Committee on Ways and Means
 
 AN ACT to amend the tax law, in relation to  providing  a  deduction  in
   determining  personal income tax for the cost of textbooks at New York
   public and private colleges and universities

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  612  of  the  tax law is amended by adding a new
 subsection (y) to read as follows:
   (Y) QUALIFIED TEXTBOOK EXPENSES.  (1) FOR PURPOSES OF THIS SECTION:
   (A) "ELIGIBLE DEPENDENT" SHALL MEAN ANY INDIVIDUAL WHO IS A  DEPENDENT
 OF  THE  TAXPAYER  WITH  RESPECT  TO  WHOM AN EXEMPTION IS ALLOWED UNDER
 SECTION ONE HUNDRED FIFTY-TWO OF THE INTERNAL REVENUE CODE.
   (B) "QUALIFIED EDUCATION EXPENSES" SHALL MEAN  EXPENSES  INCURRED  FOR
 TEXTBOOKS  FOR  A  QUALIFIED  TAXPAYER OR FOR AN ELIGIBLE DEPENDENT AT A
 PUBLIC OR PRIVATE COLLEGE OR UNIVERSITY IN THIS STATE.
   (2) FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST,  TWO  THOU-
 SAND TWENTY, A QUALIFIED TAXPAYER SHALL BE ENTITLED TO SUBTRACT FROM HIS
 OR  HER  FEDERAL  ADJUSTED  GROSS INCOME THE COST OF SUCH TAXPAYER'S OWN
 TEXTBOOKS OR THE COST OF AN ELIGIBLE DEPENDENT'S TEXTBOOKS AT A  COLLEGE
 OR  UNIVERSITY OF THE STATE OR CITY UNIVERSITY, AND A PRIVATE COLLEGE OR
 UNIVERSITY.
   § 2. This act shall take effect on the first of January next  succeed-
 ing the date on which it shall have become a law.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06488-01-9