Assembly Bill A1171

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1171
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              January 9, 2025
                                ___________
 
 Introduced  by  M. of A. SIMON, SHIMSKY, COLTON, JACOBSON, SAYEGH, MORI-
   NELLO, BRABENEC, DeSTEFANO, BENDETT, SLATER, TAGUE --  Multi-Sponsored
   by  -- M. of A.  BICHOTTE HERMELYN, WILLIAMS -- read once and referred
   to the Committee on Ways and Means
 
 AN ACT to amend the tax law, in relation to establishing a tax deduction
   for the adoption of a child with special needs
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Subsection (d) of section 615 of the tax law is amended by
 adding a new paragraph 6 to read as follows:
   (6) AN AMOUNT EQUAL TO TEN THOUSAND DOLLARS  FOR  THE  ADOPTION  OF  A
 CHILD  WITH  SPECIAL  NEEDS. THE AMOUNT ALLOWED BY THIS PARAGRAPH MAY BE
 USED BY A TAXPAYER TO INCREASE SUCH TAXPAYER'S DEDUCTION  IN  EACH  YEAR
 THAT THE TAXPAYER IS THE LEGAL PARENT OF A CHILD WITH SPECIAL NEEDS.
   FOR  PURPOSES OF THIS PARAGRAPH, A CHILD WITH SPECIAL NEEDS SHALL MEAN
 ANY CHILD WHO IS UNDER THE AGE OF TWENTY-ONE AND WHO POSSESSES A SPECIF-
 IC PHYSICAL, MENTAL, OR EMOTIONAL CONDITION OR DISABILITY OF SUCH SEVER-
 ITY OR KIND THAT, IN THE OPINION OF THE OFFICE OF  CHILDREN  AND  FAMILY
 SERVICES,  WOULD  CONSTITUTE  A  SIGNIFICANT  OBSTACLE  TO  THE  CHILD'S
 ADOPTION.
   § 2. This act shall take effect immediately and shall apply to taxable
 years commencing on and after January 1, 2025.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02588-01-5