Bill > A04563

This bill establishes two new income tax credits for nurses in New York State, effective January 1, 2026. The first credit is for registered or licensed practical nurses who work full-time (defined as at least 30 hours per week) within the state for a minimum of six months during the tax year, providing a $500 tax credit. The second credit is for nurses who teach nursing at recognized institutions of higher education, such as colleges, technical schools, or vocational schools approved by the New York State Regents or accredited by a nationally recognized agency, also for a $500 tax credit. For both credits, if the tax credit amount exceeds the taxpayer's tax liability for the year, the excess will be treated as an overpayment and refunded, but no interest will be paid on the refund. The purpose of these credits appears to be to support and incentivize nurses working in clinical settings and nursing education within New York State.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A4563