Bill > A00138

This bill introduces a tax credit for individuals who pay for spay or neuter services for cats or dogs, starting in the 2025 tax year. Specifically, taxpayers can claim a credit equal to 80% of the actual cost of the veterinary procedure, with a maximum credit of $200 per taxable year. To qualify, taxpayers must provide a receipt from a licensed veterinarian in New York showing the exact cost of the spay or neuter service. The credit applies to animals obtained from any source, not just specific shelters or breeders, and is designed to encourage responsible pet ownership by making sterilization more affordable. The bill aims to help control pet populations and potentially reduce the number of stray or unwanted animals by providing a financial incentive for pet owners to have their cats and dogs spayed or neutered. The tax credit will be available for spay or neuter services performed during taxable years beginning on or after January 1, 2025, and the bill takes effect immediately upon passage.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A138