Bill

Bill > A09240


NY A09240

NY A09240
Provides for a deduction from personal gross income for expenses incurred in the adoption of a child in the foster care system.


summary

Introduced
02/22/2024
In Committee
02/22/2024
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 providing for a deduction from personal gross income for expenses incurred in the adoption of a child in the foster care system

AI Summary

This bill amends the tax law to provide a deduction from personal gross income for expenses incurred in the adoption of a child in the foster care system. The deductible expenses include adoption fees, medical and legal fees, court costs, and other related expenses paid or incurred by the taxpayer during the taxable year. The bill applies to all taxable years beginning on or after January 1 of the year in which it becomes law.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

referred to ways and means (on 02/22/2024)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...