Bill > S08191

This bill establishes a tax credit of up to $250 per pet for individuals who adopt pets from qualifying animal shelters in New York. The credit applies to the adoption of dogs, cats, and other domesticated animals kept primarily for companionship and is available for taxable years beginning on or after January 1, 2025. To qualify for the credit, the individual must provide proof of pet ownership in the form of an adoption agreement from an eligible animal shelter, which is defined as any pound, shelter, or animal protection organization that operates physical facilities and offers pets for adoption.