|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Mar 09, 2021||reported and committed to finance|
|Feb 03, 2021||referred to budget and revenue|
senate Bill S4229
Current Bill Status - In Senate Committee Finance Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S4229 (ACTIVE) - Details
S4229 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4229 SPONSOR: STAVISKY TITLE OF BILL: An act to amend the tax law, in relation to establishing a personal income tax credit for preceptor clinicians who provide preceptor instruction; and providing for the repeal of such provisions upon the expiration thereof PURPOSE: This bill would establish a clinical preceptorship personal income tax credit for health care professionals who provide preceptor instruction to students. SUMMARY OF PROVISIONS: Section one amends section 606 of the tax law by adding a new subsection (hhh) to establish a clinical preceptorship credit. A taxpayer who is a preceptor clinician who provides preceptor instruction as part of a
S4229 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4229 2021-2022 Regular Sessions I N S E N A T E February 3, 2021 ___________ Introduced by Sens. STAVISKY, AKSHAR, GALLIVAN, HARCKHAM, HELMING, RITCHIE, SAVINO -- 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 establishing a personal income tax credit for preceptor clinicians who provide preceptor instruction; and providing for the repeal of such provisions upon the expiration thereof 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) CLINICAL PRECEPTORSHIP CREDIT. (1) GENERAL. A TAXPAYER WHO IS A PRECEPTOR CLINICIAN WHO PROVIDES PRECEPTOR INSTRUCTION AS PART OF A CLINICAL PRECEPTORSHIP SHALL BE ALLOWED A CREDIT OF ONE THOUSAND DOLLARS FOR EACH ONE HUNDRED HOURS OF SUCH PRECEPTOR INSTRUCTION; PROVIDED THAT THE CREDIT ALLOWED PURSUANT TO THIS SUBSECTION SHALL NOT EXCEED THREE THOUSAND DOLLARS DURING ANY TAXABLE YEAR. (2) DEFINITIONS. AS USED IN THIS SUBSECTION: (A) THE TERM "PRECEPTOR CLINICIAN" MEANS A (I) PHYSICIAN LICENSED PURSUANT TO ARTICLE ONE HUNDRED THIRTY-ONE OF THE EDUCATION LAW, (II) PHYSICIAN ASSISTANT LICENSED PURSUANT TO ARTICLE ONE HUNDRED THIRTY-ONE-B OF THE EDUCATION LAW, (III) SPECIALIST ASSISTANT REGISTERED PURSUANT TO ARTICLE ONE HUNDRED THIRTY-ONE-C OF THE EDUCATION LAW, (IV) CERTIFIED REGISTERED NURSE ANESTHETIST CERTIFIED BY THE EDUCATION DEPARTMENT, (V) REGISTERED PROFESSIONAL NURSE LICENSED PURSUANT TO SECTION SIXTY-NINE HUNDRED FIVE OF THE EDUCATION LAW, (VI) NURSE PRACTI- TIONER CERTIFIED PURSUANT TO SECTION SIXTY-NINE HUNDRED TEN OF THE EDUCATION LAW, (VII) CLINICAL NURSE SPECIALIST CERTIFIED PURSUANT TO SECTION SIXTY-NINE HUNDRED ELEVEN OF THE EDUCATION LAW, OR (VIII) MIDWIFE LICENSED PURSUANT TO ARTICLE ONE HUNDRED FORTY OF THE EDUCATION LAW, WHO, WITHOUT THE PROVISION OF ANY FORM OF COMPENSATION THEREFOR, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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