Bill > A01050

This bill provides a tax credit of up to $500 for individuals with disabilities who use transportation network companies (TNCs, like Uber or Lyft) to travel to work or school. The credit allows qualified individuals with a disability, as defined by the Rehabilitation Act of 1993, to receive a tax credit equal to their transportation expenses for TNC services. To claim the credit, taxpayers must attach verification of their disability and documentation showing the transportation was used for work or school purposes to their tax return. If the credit amount exceeds the taxpayer's tax liability for the year, the excess can be carried forward to future tax years. The bill will take effect for taxable years beginning on or after January 1, 2025, and aims to help individuals with disabilities by reducing their transportation costs and potentially improving their access to employment and educational opportunities.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A1050