summary
Introduced
02/10/2021
02/10/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to increasing the child and dependent care tax credit
AI Summary
This bill amends the New York tax law to increase the child and dependent care tax credit. Specifically, it removes the limit on the credit for taxpayers with more than two qualifying individuals, and it increases the maximum credit amounts for different numbers of qualifying individuals for tax years beginning in 2021 and 2022. The changes are intended to provide greater financial assistance to families with childcare and dependent care expenses.
Committee Categories
Budget and Finance
Sponsors (13)
Jen Lunsford (D)*,
Charles Barron (D),
Sarah Clark (D),
Inez Dickens (D),
Steven Englebright (D),
Emily Gallagher (D),
Chantel Jackson (D),
Karen McMahon (D),
Rebecca Seawright (D),
Gina Sillitti (D),
Steve Stern (D),
Monica Wallace (D),
Stefani Zinerman (D),
Last Action
referred to ways and means (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/A5010 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05010&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05010 |
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