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Bill > S08946


NY S08946

NY S08946
Provides a tax deduction for fertility preservation services in an amount up to $1,000.


summary

Introduced
04/02/2024
In Committee
04/02/2024
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 a tax deduction for fertility preservation services

AI Summary

This bill proposes to amend the New York tax law to provide a tax deduction of up to $1,000 for the cost of fertility preservation services, which includes collecting, freezing, preserving, and storing ova (female reproductive cells). The deduction would apply to taxable years beginning on or after January 1, 2024.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO BUDGET AND REVENUE (on 04/02/2024)

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