Assembly Bill A2989

2023-2024 Legislative Session

Establishes certain credits against income tax for nurses

download bill text pdf

Sponsored By

Current 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

2023-A2989 (ACTIVE) - Details

See Senate Version of this Bill:
S5803
Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Amd §606, Tax L
Versions Introduced in 2021-2022 Legislative Session:
A6558

2023-A2989 (ACTIVE) - Summary

Establishes a five hundred dollar credit against income tax for nurses employed on a full-time basis for not less than six months and nurses teaching at institutions of higher education on and after January 1, 2024.

2023-A2989 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2989
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 1, 2023
                                ___________
 
 Introduced by M. of A. JENSEN -- read once and referred to the Committee
   on Ways and Means
 
 AN ACT to amend the tax law, in relation to establishing certain credits
   against income tax for nurses
 
   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  two  new
 subsections (ooo) and (ppp) to read as follows:
   (OOO)  CREDIT FOR FULL-TIME NURSES. (1) AMOUNT OF CREDIT.  FOR TAXABLE
 YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOUSAND  TWENTY-FOUR,  A
 TAXPAYER SHALL BE ALLOWED A CREDIT AGAINST THE TAX IMPOSED BY THIS ARTI-
 CLE,  WHERE  THE TAXPAYER IS LICENSED AS A REGISTERED PROFESSIONAL NURSE
 OR LICENSED PRACTICAL NURSE PURSUANT TO ARTICLE ONE HUNDRED  THIRTY-NINE
 OF  THE  EDUCATION LAW AND HAS BEEN EMPLOYED ON A FULL-TIME BASIS WITHIN
 THIS STATE AS A NURSE FOR NOT LESS THAN SIX MONTHS  DURING  THE  TAXABLE
 YEAR.    THE  AMOUNT  OF  SUCH CREDIT SHALL BE FIVE HUNDRED DOLLARS. FOR
 PURPOSES OF THIS SUBSECTION, THE TERM "EMPLOYED ON  A  FULL-TIME  BASIS"
 SHALL MEAN EMPLOYMENT OF NOT LESS THAN THIRTY HOURS PER WEEK.
   (2)  APPLICATION OF CREDIT. IF THE AMOUNT OF CREDIT ALLOWED UNDER THIS
 SUBSECTION FOR ANY TAXABLE YEAR EXCEEDS  THE  TAXPAYER'S  TAX  FOR  SUCH
 YEAR,  THE  EXCESS  WILL  BE TREATED AS AN OVERPAYMENT TO BE CREDITED OR
 REFUNDED IN ACCORDANCE WITH THE PROVISIONS OF SECTION SIX HUNDRED EIGHT-
 Y-SIX OF THIS ARTICLE, PROVIDED, HOWEVER, THAT NO INTEREST WILL BE  PAID
 THEREON.
   (PPP)  CREDIT  FOR  TEACHING NURSES. (1) AMOUNT OF CREDIT. FOR TAXABLE
 YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOUSAND  TWENTY-FOUR,  A
 TAXPAYER SHALL BE ALLOWED A CREDIT AGAINST THE TAX IMPOSED BY THIS ARTI-
 CLE,  WHERE  THE TAXPAYER IS LICENSED AS A REGISTERED PROFESSIONAL NURSE
 OR LICENSED PRACTICAL NURSE PURSUANT TO ARTICLE ONE HUNDRED  THIRTY-NINE
 OF THE EDUCATION LAW AND WHO TEACHES NURSING AT AN INSTITUTION OF HIGHER
 EDUCATION  FOR  NOT  LESS  THAN  SIX MONTHS DURING THE TAXABLE YEAR. THE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06264-01-3
              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.