Bill > A04177

This bill amends the New York State tax law to provide a tax deduction of up to $1,000 for fertility preservation services, specifically focusing on the cost of collecting, freezing, preserving, and storing ova (female egg cells). The deduction would be available for the amount of fertility preservation services that are includable in a taxpayer's federal adjusted gross income. This means that individuals who undergo medical procedures to preserve their fertility by freezing eggs can receive a tax benefit to help offset the potentially high costs of such medical services. The bill would take effect immediately and apply to taxable years beginning on or after January 1, 2025, giving taxpayers a potential financial incentive to pursue fertility preservation techniques.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A4177