Bill

Bill > A02660


NY A02660

NY A02660
Provides for tax credit for the adoption of pets from an animal shelter up to $250 per pet.


summary

Introduced
01/21/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to establishing a tax credit for the adoption of pets

AI Summary

This bill introduces a tax credit for New York state taxpayers who adopt pets from qualifying animal shelters, aimed at encouraging pet adoption and supporting animal welfare. Starting in 2027, individuals can claim a tax credit of up to $250 per adopted pet, which will be the lesser of either $250 or the actual adoption cost. The bill defines a "pet" as a domesticated animal kept primarily for companionship, such as dogs, cats, or other household animals, and specifies that "qualifying animal shelters" include municipal pounds, incorporated animal protection societies, and shelters with established adoption programs. To claim the credit, taxpayers must provide an adoption agreement from a qualifying shelter, and the credit will be applied to the taxable year in which the pet is adopted. The legislation seeks to incentivize pet adoption by providing a financial benefit to individuals who rescue animals from shelters, potentially helping to reduce the number of animals in shelters and promoting responsible pet ownership.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

referred to ways and means (on 01/07/2026)

bill text


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