NY S02329 | 2023-2024 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on January 19 2023 - 25% progression
Action: 2024-01-03 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 19 2023 - 25% progression
Action: 2024-01-03 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Grants a state personal income tax deduction for retirement plan distributions used to purchase long-term care insurance; exempts distributions from individual retirement accounts and individual retirement annuities from state personal income taxation when such distributions are used to purchase long-term health care insurance.
Title
Grants a state personal income tax deduction for retirement plan distributions used to purchase long-term care insurance; exempts distributions from individual retirement accounts and individual retirement annuities from state personal income taxation when such distributions are used to purchase long-term health care insurance.
Sponsors
| Sen. Shelley Mayer [D] | Sen. Neil Breslin [D] | Sen. Robert Jackson [D] | Sen. Liz Krueger [D] |
| Sen. John Liu [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-03 | Senate | REFERRED TO BUDGET AND REVENUE |
| 2023-01-19 | Senate | REFERRED TO BUDGET AND REVENUE |
