Bill Text: NY S02249 | 2011-2012 | General Assembly | Introduced


Bill Title: Authorizes city with a population of 1,000,000 or more to allow credit, by local law or ordinance, against personal income tax imposed by such city, for expenses of providing security for the home, provided such structure is a one, two, three, four or five family owner occupied residence.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-01-18 - REFERRED TO CITIES [S02249 Detail]

Download: New_York-2011-S02249-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2249
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                   January 18, 2011
                                      ___________
       Introduced  by  Sen.  KRUGER -- read twice and ordered printed, and when
         printed to be committed to the Committee on Cities
       AN ACT to amend the general city law, in relation to providing  for  the
         granting  of  a deduction in personal income tax imposed by a city for
         home security expenses
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  The  third  undesignated paragraph of section 25-a of the
    2  general city law is amended by adding a new subparagraph (d) to read  as
    3  follows:
    4    (D)  ANY  SUCH  LOCAL LAW MAY BE AMENDED TO PROVIDE THAT AN INDIVIDUAL
    5  WHO IS OWNER OCCUPANT OF A ONE, TWO, THREE, FOUR  OR  FIVE  FAMILY  HOME
    6  SHALL  BE  ENTITLED  TO  SUBTRACT FROM HIS OR HER FEDERAL ADJUSTED GROSS
    7  INCOME THE EXPENSES OF PROVIDING SECURITY FOR HIS OR HER HOME  INCLUDING
    8  EXTERIOR  LIGHTING,  BURGLAR  AND  FIRE  ALARMS  AND SUCH OTHER SECURITY
    9  EXPENSES AS SHALL BE ALLOWABLE PURSUANT TO THE PROVISIONS OF SUCH  LOCAL
   10  LAW.
   11    S  2. This act shall take effect on the first of January next succeed-
   12  ing the date on which it shall have become a law.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD07114-01-1
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