Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 17, 2020 |
held for consideration in ways and means |
Jan 08, 2020 |
referred to ways and means |
Feb 20, 2019 |
referred to ways and means |
Assembly Bill A5910
2019-2020 Legislative Session
Sponsored By
MALLIOTAKIS
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2019-A5910 (ACTIVE) - Details
2019-A5910 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5910 2019-2020 Regular Sessions I N A S S E M B L Y February 20, 2019 ___________ Introduced by M. of A. MALLIOTAKIS -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to excluding from federal adjusted gross income the amount of any money or the value of medals awarded to olympians or paralympians earning a maximum of three hundred thousand dollars annually 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) THE AMOUNT OF ANY MONEY AND/OR THE VALUE OF ANY MEDALS AWARDED TO AN OLYMPIAN OR PARALYMPIAN EARNING A MAXIMUM OF THREE HUNDRED THOUSAND DOLLARS ANNUALLY TO THE EXTENT INCLUDABLE IN GROSS INCOME FOR FEDERAL INCOME TAXATION PURPOSES. § 2. This act shall take effect immediately and shall be applicable to taxable years beginning on and after January 1, 2019. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06024-01-9
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