Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 22, 2016 |
print number 3466a |
Feb 22, 2016 |
amend and recommit to investigations and government operations |
Jan 06, 2016 |
referred to investigations and government operations |
Feb 10, 2015 |
referred to investigations and government operations |
Senate Bill S3466A
2015-2016 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Bill Amendments
2015-S3466 - Details
2015-S3466 - Summary
Creates a credit against income tax for disabled persons modeled after the "circuit breaker" tax credit which now exists for senior citizens and certain individuals; provides tax relief to those disabled persons who qualify for federal social security benefits and are property owners or renters, who pay a disproportionate amount of property tax in relation to their household income.
2015-S3466 - Sponsor Memo
BILL NUMBER:S3466 TITLE OF BILL: An act to amend the tax law, in relation to creating a tax credit for disabled persons; qualification PURPOSE: This legislation would add an additional category of property owners and renters who would be eligible for circuit breaker tax relief. SUMMARY OF PROVISIONS: This bill amends § 606 of the Tax Law, adding a new subsection (c-2) creating a real property tax credit for disabled persons modeled after the "Circuit Breaker" tax credit which now exists for senior citizens and certain individuals. JUSTIFICATION: This act provides tax relief to those disabled persons who qualify for federal Social security benefits and are property owners or renters that pay a disproportionate amount of property tax in relation to their household income. The state recognizes the needs of the disabled and this would enable local governments to grant a tax credit. It would provide relief from locally imposed taxes to those disabled persons who are already burdened by their handicap and limited income. PRIOR LEGISLATIVE HISTORY: 2013-14: A.5636/S.4007 2011-12: A.7176-A/S.3733-A 2009-10: A.1901/S.3952 2007-08: A.1019/S.3466 2005-06: A.4604/S.3951 2003-04: A.1351/S.4032 2001-02: A.6402 1999-02:
2015-S3466 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 3466 A. 4962 2015-2016 Regular Sessions S E N A T E - A S S E M B L Y February 10, 2015 ___________ IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Investi- gations and Government Operations IN ASSEMBLY -- Introduced by M. of A. THIELE -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to creating a tax credit for disabled persons; qualification THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 606 of the tax law is amended by adding a new subsection (c-2) to read as follows: (C-2) DISABLED PERSONS REAL PROPERTY TAX CREDIT. (1) FOR THE PURPOSES OF THIS SECTION: (I) AS USED IN THIS SECTION, "DISABLED" MEANS A PHYSICAL, MENTAL OR MEDICAL IMPAIRMENT, RESULTING FROM ANATOMICAL, PHYSIOLOGICAL OR NEURO- LOGICAL CONDITIONS, WHICH PREVENTS THE EXERCISE OF A NORMAL BODILY FUNC- TION OR IS DEMONSTRABLE BY MEDICALLY ACCEPTED CLINICAL LABORATORY DIAG- NOSTIC TECHNIQUES AND IS OF A NATURE SUFFICIENT TO QUALIFY ANY SUCH PERSON OR PERSONS AS ELIGIBLE FOR FEDERAL SOCIAL SECURITY DISABILITY BENEFITS. (II) "HOUSEHOLD" OR "MEMBERS OF THE HOUSEHOLD" MEANS A DISABLED TAXPAYER AND ALL OTHER PERSONS, NOT NECESSARILY RELATED, WHO HAVE THE SAME RESIDENCE AND SHARE ITS FURNISHINGS, FACILITIES AND ACCOMMODATIONS. SUCH TERMS SHALL NOT INCLUDE A TENANT, SUBTENANT, ROOMER OR BOARDER WHO IS NOT RELATED TO THE DISABLED TAXPAYER IN ANY DEGREE SPECIFIED IN PARA- GRAPHS ONE THROUGH EIGHT OF SUBSECTION (A) OF SECTION ONE HUNDRED FIFTY-TWO OF THE INTERNAL REVENUE CODE. PROVIDED, HOWEVER, NO PERSON MAY BE A MEMBER OF MORE THAN ONE HOUSEHOLD AT ONE TIME. (III) "HOUSEHOLD GROSS INCOME" MEANS THE AGGREGATE ADJUSTED GROSS INCOME OF ALL MEMBERS OF THE HOUSEHOLD FOR THE TAXABLE YEAR AS REPORTED EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07187-01-5
2015-S3466A (ACTIVE) - Details
2015-S3466A (ACTIVE) - Summary
Creates a credit against income tax for disabled persons modeled after the "circuit breaker" tax credit which now exists for senior citizens and certain individuals; provides tax relief to those disabled persons who qualify for federal social security benefits and are property owners or renters, who pay a disproportionate amount of property tax in relation to their household income.
2015-S3466A (ACTIVE) - Sponsor Memo
BILL NUMBER: S3466A TITLE OF BILL : An act to amend the tax law, in relation to creating a tax credit for disabled persons; qualification PURPOSE : This legislation would add an additional category of property owners and renters who would be eligible for circuit breaker tax relief. SUMMARY OF PROVISIONS : This bill amends Section 606 of the Tax Law, adding a new subsection (c-2) creating a real property tax credit for disabled persons modeled after the "Circuit Breaker" tax credit which now exists for senior citizens and certain individuals. JUSTIFICATION : This act provides tax relief to those disabled persons who qualify for federal Social Security benefits and are property owners or renters that pay a disproportionate amount of property tax in relation to their household income. The State recognizes the needs of the disable and this would enable local governments to grant a tax credit. It
2015-S3466A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 3466--A A. 4962--A 2015-2016 Regular Sessions S E N A T E - A S S E M B L Y February 10, 2015 ___________ IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Investi- gations and Government Operations -- recommitted to the Committee on Investigations and Government Operations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee IN ASSEMBLY -- Introduced by M. of A. THIELE -- read once and referred to the Committee on Ways and Means -- recommitted to the Committee on Ways and Means in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to creating a tax credit for disabled persons; qualification THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 606 of the tax law is amended by adding a new subsection (c-2) to read as follows: (C-2) DISABLED PERSONS REAL PROPERTY TAX CREDIT. (1) FOR THE PURPOSES OF THIS SECTION: (I) AS USED IN THIS SECTION, "DISABLED" MEANS A PHYSICAL, MENTAL OR MEDICAL IMPAIRMENT, RESULTING FROM ANATOMICAL, PHYSIOLOGICAL OR NEURO- LOGICAL CONDITIONS, WHICH PREVENTS THE EXERCISE OF A NORMAL BODILY FUNC- TION OR IS DEMONSTRABLE BY MEDICALLY ACCEPTED CLINICAL LABORATORY DIAG- NOSTIC TECHNIQUES AND IS OF A NATURE SUFFICIENT TO QUALIFY ANY SUCH PERSON OR PERSONS AS ELIGIBLE FOR FEDERAL SOCIAL SECURITY DISABILITY BENEFITS. (II) "HOUSEHOLD" OR "MEMBERS OF THE HOUSEHOLD" MEANS A DISABLED TAXPAYER AND ALL OTHER PERSONS, NOT NECESSARILY RELATED, WHO HAVE THE SAME RESIDENCE AND SHARE ITS FURNISHINGS, FACILITIES AND ACCOMMODATIONS. SUCH TERMS SHALL NOT INCLUDE A TENANT, SUBTENANT, ROOMER OR BOARDER WHO EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07187-02-6
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