Bill Text: NY S04524 | 2015-2016 | General Assembly | Amended

---

Bill Title: Provides a personal income tax credit in the amount of any fishing and/or hunting fees paid by members of the United States armed forces in active service.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-02-02 - PRINT NUMBER 4524A [S04524 Detail]

Download: New_York-2015-S04524-Amended.html

---

                STATE OF NEW YORK
        ________________________________________________________________________
                                         4524--A
                               2015-2016 Regular Sessions
                    IN SENATE
                                     March 26, 2015
                                       ___________
        Introduced  by  Sen.  ORTT  --  read twice and ordered printed, and when
          printed to be committed to the Committee on Environmental Conservation
          -- recommitted to  the  Committee  on  Environmental  Conservation  in
          accordance  with  Senate  Rule 6, sec. 8 -- committee discharged, bill
          amended, ordered reprinted as amended and recommitted to said  commit-
          tee
        AN  ACT  to  amend the tax law, in relation to establishing a tax credit
          for certain fishing and hunting fees paid by  members  of  the  United
          States armed forces in active service
          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 (ccc) to read as follows:
     3    (ccc) Hunting and fishing license fee credit. (1) Allowance and amount
     4  of  credit. A taxpayer who is a member of the United States armed forces
     5  in active service may claim a tax credit against the tax imposed by this
     6  article in the amount of  any  fees  paid  for  hunting  and/or  fishing
     7  licenses,  privileges,  tags, and permits issued pursuant to title seven
     8  of article eleven of the environmental conservation  law.  In  no  event
     9  shall the credit provided in this subsection be allowed in excess of the
    10  taxpayer's tax for such year.
    11    (2)  Application  of  credit. If the amount of the credit shall exceed
    12  the taxpayer's tax for such year the excess shall be carried over to the
    13  following year or years, and may be deducted from the taxpayer's tax for
    14  such year or years.
    15    § 2. This act shall take effect immediately and shall apply to taxable
    16  years beginning on or after January 1, 2017.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01633-03-6