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Bill > S05364


NY S05364

NY S05364
Provides a $750 income tax credit for retired disabled police officers.


summary

Introduced
03/03/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to providing an income tax credit for retired disabled police officers

AI Summary

This bill provides a $750 income tax credit for retired disabled police officers in New York State. The credit can be claimed starting in the 2022 tax year, and if the credit amount exceeds the taxpayer's tax liability for the year, the excess will be treated as an overpayment to be refunded, though no interest will be paid on the refund.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/05/2022)

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