Bill
Bill > S03073
NY S03073
NY S03073Provides for a personal income tax deduction for school supplies paid for out-of-pocket by K-12 teachers in public and nonpublic schools, up to $500 per year.
summary
Introduced
01/27/2023
01/27/2023
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 authorizing a personal income tax deduction for elementary and secondary school teachers for certain expenses incurred for school supplies
AI Summary
This bill proposes to amend New York's tax law to authorize a personal income tax deduction of up to $500 per year for K-12 teachers in public and non-public schools who incur out-of-pocket expenses for school supplies, including books, computer equipment, and other classroom materials. The bill defines an "eligible educator" as a teacher, instructor, counselor, principal, or aide employed for at least 900 hours during a school year. The deduction would apply to taxable years beginning on or after January 1, 2025.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (on 01/03/2024)
Bill Topics
Education
- ‐ Elementary and Secondary Education
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/S3073 | 01/27/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S03073&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S03073 | 01/27/2023 |
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