Bill Text: NY S00621 | 2023-2024 | General Assembly | Introduced

---

Bill Title: Provides that the income level for the requirement to file a personal income tax return shall be the dollar amount of the New York standard deduction.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced) 2024-01-03 - REFERRED TO BUDGET AND REVENUE [S00621 Detail]

Download: New_York-2023-S00621-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________

                                           621

                               2023-2024 Regular Sessions

                    IN SENATE

                                     January 5, 2023
                                       ___________

        Introduced by Sens. KAVANAGH, MAY -- read twice and ordered printed, and
          when printed to be committed to the Committee on Budget and Revenue

        AN  ACT  to  amend the tax law, in relation to the requirement to file a
          personal income tax return

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Paragraph  1  of subsection (a) of section 651 of the tax
     2  law, as amended by section 6 of part J of chapter  59  of  the  laws  of
     3  2014, is amended to read as follows:
     4    (1)  every  resident individual (A) [required to file a federal income
     5  tax return for the taxable year, or (B)] having federal  adjusted  gross
     6  income  for  the  taxable  year,  increased  by  the modifications under
     7  subsection (b) of section six hundred twelve of this article, in  excess
     8  of [four thousand dollars, or in excess of] his or her New York standard
     9  deduction,  [if  lower,] or [(C)] (B) having received during the taxable
    10  year a lump sum distribution any portion of  which  is  subject  to  tax
    11  under section six hundred three of this article;
    12    §  2.  This  act  shall take effect immediately and shall apply to all
    13  taxable years beginning on or after the date on  which  this  act  shall
    14  have become a law.




         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02425-01-3