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Bill > S07817


NY S07817

NY S07817
Establishes a tax deduction for expenses not in excess of five hundred dollars paid by eligible qualified personnel or an eligible service coordinator for early intervention supplies.


summary

Introduced
12/18/2023
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 deduction for expenses related to early intervention supplies

AI Summary

This bill establishes a tax deduction for eligible qualified personnel or service coordinators who incur and pay up to $500 for early intervention supplies, which are defined as books, supplies, and other equipment and supplemental materials used in their professional duties. The deduction applies to taxable years beginning on or after January 1, 2025.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

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