Bill Text: NY A00742 | 2011-2012 | General Assembly | Introduced

New York Assembly Bill 742 (Prior Session Legislation)

Introduced

Bill Title: Provides for tax credit for the adoption of household pets from animal shelter or humane society.

Spectrum: Moderate Partisan Bill (Democrat 13-2)

Status: (Introduced - Dead) 2012-06-19 - held for consideration in ways and means [A00742 Detail]

Download: New_York-2011-A00742-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                          742
                              2011-2012 Regular Sessions
                                 I N  A S S E M B L Y
                                      (PREFILED)
                                    January 5, 2011
                                      ___________
       Introduced  by  M.  of  A.  KELLNER, ROSENTHAL, J. RIVERA, JAFFEE, BING,
         SPANO, GLICK, RAIA, MILLMAN, PAULIN -- Multi-Sponsored by -- M. of  A.
         BOYLAND,  MAISEL, PHEFFER, THIELE, TITONE, WEISENBERG -- read once and
         referred to the Committee on Ways and Means
       AN ACT to amend the tax law, in relation to establishing  a  tax  credit
         for the adoption of household pets
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 606 of the tax law  is  amended  by  adding  a  new
    2  subsection (ss) to read as follows:
    3    (SS)  CREDIT FOR THE ADOPTION OF HOUSEHOLD PETS. (1) GENERAL. AN INDI-
    4  VIDUAL TAXPAYER SHALL BE ALLOWED A CREDIT FOR TAXABLE YEARS BEGINNING ON
    5  OR AFTER JANUARY FIRST, TWO THOUSAND ELEVEN AGAINST THE TAX  IMPOSED  BY
    6  THIS  ARTICLE FOR THE COST OF ADOPTING A MAXIMUM OF THREE HOUSEHOLD PETS
    7  PER TAXABLE YEAR FROM A QUALIFYING  POUND,  SHELTER,  DULY  INCORPORATED
    8  SOCIETY  FOR  THE PREVENTION OF CRUELTY TO ANIMALS, HUMANE SOCIETY, DOG,
    9  CAT OR OTHER PROTECTIVE OR RESCUE ASSOCIATION. THE AMOUNT OF THE  CREDIT
   10  SHALL  BE FOR THE ACTUAL COST OF SUCH ADOPTION, BUT SHALL NOT EXCEED THE
   11  MAXIMUM CREDIT OF ONE HUNDRED DOLLARS PER HOUSEHOLD PET, FOR  A  MAXIMUM
   12  OF THREE PETS PER TAXABLE YEAR.
   13    (2)  DEFINITION.   THE TERM "HOUSEHOLD PET" SHALL MEAN ANY DOG, CAT OR
   14  OTHER DOMESTICATED ANIMAL KEPT FOR THE PRIMARY PURPOSE OF  COMPANIONSHIP
   15  THAT  IS  NORMALLY  MAINTAINED  IN OR NEAR THE HOUSEHOLD OF THE OWNER OR
   16  PERSON WHO CARES FOR SUCH DOMESTICATED  ANIMAL,  PROVIDED  THAT  KEEPING
   17  SUCH ANIMAL IS NOT IN VIOLATION OF ANY APPLICABLE PROVISIONS OF FEDERAL,
   18  STATE OR LOCAL LAW.
   19    (3)  WHEN  CREDIT  ALLOWED. THE CREDIT PROVIDED FOR IN THIS SUBSECTION
   20  SHALL BE ALLOWED WITH RESPECT TO  THE  TAXABLE  YEAR,  COMMENCING  AFTER
   21  JANUARY FIRST, TWO THOUSAND ELEVEN, IN WHICH THE PET IS ADOPTED.
   22    S  2.  This  act  shall take effect immediately and shall apply to pet
   23  adoptions in taxable years beginning on and after January 1, 2011.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD00595-01-1