Bill
Bill > S08522
NY S08522
NY S08522Establishes a home heating tax credit for qualified taxpayers with an income of $125,000 or less for single filers, or with a combined income of $250,000 or less for joint filers.
summary
Introduced
03/08/2022
03/08/2022
In Committee
03/08/2022
03/08/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
Establishes a home heating tax credit for qualified taxpayers with an income of $125,000 or less for single filers, or with a combined income of $250,000 or less for joint filers.
AI Summary
This bill establishes a home heating tax credit for qualified taxpayers with an income of $125,000 or less for single filers, or with a combined income of $250,000 or less for joint filers. The credit is $300 for single individuals and $600 for married individuals filing jointly. The credit will be advanced to eligible taxpayers by the commissioner of taxation and finance by October 31st of each year it is in effect. The bill applies to the 2021 and 2022 taxable years.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
REFERRED TO BUDGET AND REVENUE (on 03/08/2022)
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/S8522 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08522&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08522 |
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