summary
Introduced
01/14/2019
01/14/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to increasing the child and dependent care tax credit The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill amends the tax law to increase the child and dependent care tax credit. Specifically, it raises the dollar limit on the amount of the credit for taxpayers with more than two qualifying individuals, from $7,500 to up to $9,000 for those with five or more qualifying individuals, starting in the 2019 tax year. Additionally, the bill raises the dollar limit to up to $18,000 for those with five or more qualifying individuals, starting in the 2020 tax year.
Committee Categories
Budget and Finance
Sponsors (15)
Ellen Jaffee (D)*,
Fred Thiele (D)*,
Jeffrion Aubry (D),
Charles Barron (D),
Vivian Cook (D),
Anthony D'Urso (D),
Inez Dickens (D),
Steven Englebright (D),
Richard Gottfried (D),
Aileen Gunther (D),
Andrew Hevesi (D),
Michael Montesano (R),
Andrew Raia (R),
Phil Ramos (D),
Jo Anne Simon (D),
Last Action
referred to ways and means (on 01/08/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...