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Bill > S02582


NY S02582

NY S02582
Provides for a deduction against personal gross income in an amount equal to fees, costs and expenses paid or incurred including legal fees and agency costs in connection with the adoption of a child.


summary

Introduced
01/28/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to providing for a deduction from personal gross income for expenses incurred in the adoption of a child The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1

AI Summary

This bill allows for a deduction against personal gross income for expenses incurred in the adoption of a child, including adoption agency fees, medical and legal fees, court costs, and any other related expenses paid by the taxpayer during the taxable year.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/08/2020)

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