S3562-2011 Actions

• Jan 18, 2012: PRINT NUMBER 3562A
• Jan 18, 2012: AMEND AND RECOMMIT TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
• Jan 4, 2012: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
• Feb 25, 2011: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

S3562-2011 Memo

BILL NUMBER:S3562

TITLE OF BILL:
An act
to amend the tax law, in relation to providing a tax credit for the cost
of purchasing technology to remotely monitor persons with Alzheimer's
disease and/or dementia

PURPOSE:
The purpose of this bill is to provide a tax reimbursement towards the
purchase of technology to remotely monitor persons with Alzheimer's
disease and/or dementia.

SUMMARY OF PROVISIONS:
This bill incorporates into the New York State Tax Law that a credit
will be issued to any family member and/or home health care worker
who has purchased technology to remotely monitor a person suffering
from Alzheimer's disease and/or Dementia. The credit for any
technology to remotely monitor a person who suffers from Alzheimer's
Disease and/or Dimentia will only get a tax credit if the device is
equal to or under one thousand dollars.

EXISTING LAW:
New law.

JUSTIFICATION:
Under New York State Tax Law people who purchase a remote device to
monitor their family members or love ones suffering from Alzheimer's
disease and/or Dementia do not get any tax credit. A person suffering
from Alzheimer's disease and/or Dementia needs someone who can be of
assistance at all times. Most family members must work and are not
able to monitor the whereabouts and movements of their ill family
member at all times. Providing a tax credit for these family members
or home care workers when they purchase these remote monitoring
devices, Make it a more viable and affordable way to supervise their
loved ones suffering from such diseases and in need constant
supervision.

PRIOR LEGISLATIVE HISTORY:
S.709 2010: Held in Investigations and Government Operations
S.6987 2008
02/20/08 To Investigations and Government Operations

FISCAL IMPLICATIONS:
None.

LOCAL FISCAL IMPLICATIONS:
None.

EFFECTIVE DATE:

Immediately and shall apply to taxable years beginning on or
after January 1, 2012.

S3562-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         3562
 2011-2012 Regular Sessions
 I N  SENATE
 February 25, 2011
 
 Introduced  by  Sen.  ADAMS  -- read twice and ordered printed, and when
 printed to be committed to the Committee on Investigations and Govern
 ment Operations
 

AN ACT to amend the tax law, in relation to providing a tax  credit  for
 the  cost  of  purchasing  technology to remotely monitor persons with
 Alzheimer's disease and/or dementia
 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 (ss) to read as follows:

 (SS) CREDIT FOR PURCHASING  TECHNOLOGY  TO  REMOTELY  MONITOR  PERSONS
 SUFFERING  FROM  ALZHEIMER'S  DISEASE AND/OR DEMENTIA. ANY FAMILY MEMBER
 AND/OR HOME HEALTH CARE WORKER WHO, IN ORDER  TO  DELIVER  PROPER  CARE,
 PURCHASES  TECHNOLOGY  TO  REMOTELY  MONITOR  A  PERSON  DIAGNOSED  WITH
 ALZHEIMER'S DISEASE OR ANOTHER DISORDER RELATING TO DEMENTIA, WHEN  SUCH
 PERSON RESIDES AT HOME, SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHER
 WISE  IMPOSED  UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO THE COST OF SUCH
 DEVICE UP TO ONE THOUSAND DOLLARS.
 

S 2. This act shall take effect immediately and shall apply to 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.
 LBD04458-02-1

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