Bill

Bill > S05978


NY S05978

NY S05978
Establishes a tax credit for the adoption of a dog or cat; establishes a $100 credit for a maximum of three dogs or cats per taxable year.


summary

Introduced
03/24/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to establishing a tax credit for the adoption of a dog or cat

AI Summary

This bill establishes a $100 tax credit for the adoption of up to three dogs or cats per taxable year from qualifying rescue organizations, starting with the 2023 tax year. The credit is available to individual taxpayers, and the state tax department may require proof of spaying or neutering the adopted pet. The bill takes effect immediately and applies to adoptions starting January 1, 2023.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/03/2024)

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