A4533-2011 Actions

• Jun 19, 2012: held for consideration in ways and means
• Jan 4, 2012: referred to ways and means
• Feb 4, 2011: referred to ways and means

A4533-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         4533
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 February 4, 2011
 
 Introduced by M. of A. CROUCH -- read once and referred to the Committee
 on Ways and Means
 AN  ACT  to amend the tax law and the administrative code of the city of
 New York, in relation  to  subtracting  certain  pensions  from  other
 states from adjusted gross income
 

THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section 1. Paragraph 3 of subsection (c) of section 612 of the tax law
 is amended by adding a new subparagraph (iii) to read as follows:

 (III) PENSIONS TO OFFICERS AND EMPLOYEES OF ANY STATE  OF  THE  UNITED
 STATES,  OR  ANY  AGENCY  OR  INSTRUMENTALITY  OF ANY SUCH STATE, TO THE
 EXTENT INCLUDIBLE IN GROSS INCOME FOR FEDERAL INCOME TAX PURPOSES;
 

S 2. Paragraph 3 of subdivision (c) of section 11-1712 of the adminis
 trative code of the city of New York is amended by adding a new subpara
 graph (iii) to read as follows:

 (III) PENSIONS TO OFFICERS AND EMPLOYEES OF ANY STATE  OF  THE  UNITED
 STATES,  OR  ANY  AGENCY  OR  INSTRUMENTALITY  OF ANY SUCH STATE, TO THE
 EXTENT INCLUDIBLE IN GROSS INCOME FOR FEDERAL INCOME TAX PURPOSES;
 

S 3. This act shall take effect immediately and shall apply to pension
 benefits of any state of the United States except for New York  received
 in taxable years beginning on or after January 1, 2012.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04754-01-1

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