Bill > S02402

This bill establishes a $500 tax credit for certain individuals who permanently relocate to New York state from states with more restrictive abortion or gender-affirming care laws, either as healthcare providers intending to provide such care or as patients (or patients' parents/guardians) seeking to receive such care. The credit can be claimed on individual income tax returns for taxable years beginning on or after January 1, 2025. Healthcare providers eligible for the credit include physicians, advanced practice registered nurses, registered and licensed practical nurses, physician assistants, and pharmacists. The tax credit is refundable, meaning that if the credit amount exceeds the taxpayer's tax liability, the excess can be refunded. The bill aims to support and incentivize access to reproductive and gender-affirming healthcare by providing financial assistance to those relocating to New York for these purposes, particularly in response to more restrictive healthcare policies in other states.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S2402