Bill Text: NY S07528 | 2017-2018 | General Assembly | Introduced

New York Senate Bill 7528 (Prior Session Legislation)

Introduced

Bill Title: Allows an additional New York itemized deduction for federal income taxes paid; $5,000 for unmarried individuals and married individuals filing separately, $10,000 for married individuals filing jointly.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-01-19 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S07528 Detail]

Download: New_York-2017-S07528-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          7528
                    IN SENATE
                                    January 19, 2018
                                       ___________
        Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
          when printed to be committed to the Committee  on  Investigations  and
          Government Operations
        AN  ACT  to amend the tax law, in relation to allowing an additional New
          York itemized deduction for federal income taxes paid
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1. Subsection (d) of section 615 of the tax law is amended by
     2  adding a new paragraph 6 to read as follows:
     3    (6) the amount, not exceeding five thousand dollars for  an  unmarried
     4  individual  or  a  married  individual  filing a separate return, or ten
     5  thousand dollars for married  individuals  filing  a  joint  return,  of
     6  federal income taxes paid during the taxable year.
     7    § 2. This act shall take effect January 1, 2019.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14124-01-8