S T A T E O F N E W Y O R K
________________________________________________________________________
1311
2021-2022 Regular Sessions
I N A S S E M B L Y
January 8, 2021
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Introduced by M. of A. MAGNARELLI, O'DONNELL, PAULIN -- read once and
referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to filing of income tax returns
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph 1 of subsection (a) of section 651 of the tax
law, as amended by section 6 of part J of chapter 59 of the laws of
2014, is amended to read as follows:
(1) every resident individual (A) required to file a federal income
tax return for the taxable year, or (B) having federal adjusted gross
income for the taxable year, increased by the modifications under
subsection (b) of section six hundred twelve OF THIS ARTICLE, [in excess
of four thousand dollars, or] in excess of his New York standard
deduction, [if lower,] or (C) having received during the taxable year a
lump sum distribution any portion of which is subject to tax under
section six hundred three OF THIS ARTICLE;
§ 2. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2022.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01793-01-1