Bill > A07468

This bill provides a $2,000 refundable tax credit for certain taxpayers who suffer the birth of a stillborn child, provided the stillborn child would have been a dependent of the taxpayer. The credit can be claimed in the taxable year in which a certificate of stillbirth is issued pursuant to the Public Health Law. The bill defines "birth of a stillborn child" as the birth of a child for whom a certificate of stillbirth has been issued. The bill takes effect immediately and applies to taxable years commencing on and after January 1, 2020.