|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2020||referred to budget and revenue|
|Feb 08, 2019||referred to budget and revenue|
senate Bill S3528
Archive: Last Bill Status - In Senate Committee Budget And Revenue Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S3528 (ACTIVE) - Details
S3528 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3528 SPONSOR: CARLUCCI TITLE OF BILL: An act to amend the tax law, in relation to increasing the college tuition personal income tax credit PURPOSE: To increase the amount of tuition expenses that can be claimed for the tuition tax credit. SUMMARY OF PROVISIONS: Section 1. Amends subparagraph (A) of paragraph 2 of subsection (t) of section 606 of the tax law to double the amount that can he claimed as an allowable college tuition expense from ten thousand dollars to twenty thousand dollars. Section 2. Effective date.
S3528 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3528 2019-2020 Regular Sessions I N S E N A T E February 8, 2019 ___________ Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law, in relation to increasing the college tuition personal income tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (A) of paragraph 2 of subsection (t) of section 606 of the tax law, as amended by section 1 of part N of chapter 85 of the laws of 2002, is amended to read as follows: (A) The term "allowable college tuition expenses" shall mean the amount of qualified college tuition expenses of eligible students paid by the taxpayer during the taxable year, limited to [ten] TWENTY thou- sand dollars for each such student; § 2. This act shall take effect immediately, and shall apply to the taxable year in which it takes effect and taxable years commencing on or after such date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06254-01-9
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