Bill > S04460

This bill amends the tax law to provide a refundable tax credit of $2,000 for taxpayers who have a stillborn child that would have been their dependent. The credit can be claimed for the taxable year in which the certificate of stillbirth is issued. The bill defines a "birth of a stillborn child" as the birth of a child for whom a certificate of stillbirth has been issued under the public health law. The bill takes effect immediately and applies to taxable years starting on or after January 1, 2024.