Bill Text: NY A04962 | 2015-2016 | General Assembly | Amended
Bill Title: 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.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-02-22 - print number 4962a [A04962 Detail]
Download: New_York-2015-A04962-Amended.html
STATE OF NEW YORK ________________________________________________________________________ S. 3466--A A. 4962--A 2015-2016 Regular Sessions SENATE - ASSEMBLY 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: 1 Section 1. Section 606 of the tax law is amended by adding a new 2 subsection (c-2) to read as follows: 3 (c-2) Disabled persons real property tax credit. (1) For the purposes 4 of this section: 5 (i) As used in this section, "disabled" means a physical, mental or 6 medical impairment, resulting from anatomical, physiological or neuro- 7 logical conditions, which prevents the exercise of a normal bodily func- 8 tion or is demonstrable by medically accepted clinical laboratory diag- 9 nostic techniques and is of a nature sufficient to qualify any such 10 person or persons as eligible for federal social security disability 11 benefits. 12 (ii) "Household" or "members of the household" means a disabled 13 taxpayer and all other persons, not necessarily related, who have the 14 same residence and share its furnishings, facilities and accommodations. 15 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
