Bill
Bill > S01661
NY S01661
NY S01661Provides 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
01/13/2023
01/13/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 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
AI Summary
This bill amends the tax law to provide a deduction from personal gross income for expenses incurred in the adoption of a child, including adoption agency fees, medical and legal fees, court costs, and other related expenses paid or incurred by the taxpayer during the taxable year. The bill will take effect immediately and apply to all taxable years beginning on or after January 1st of the year in which it becomes law.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/03/2024)
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/2023/S1661 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S01661&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S01661 |
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