S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4693

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2009
                               ___________

Introduced  by  M.  of A. RAMOS -- Multi-Sponsored by -- M. of A. CLARK,
  CYMBROWITZ,  DelMONTE,  GALEF,  GREENE,  MAGEE,  McENENY,   O'DONNELL,
  PEOPLES,  J. RIVERA,  SWEENEY,  TOWNS -- read once and referred to the
  Committee on Ways and Means

AN ACT to amend the tax law, in relation to providing for  an  increased
  state personal income tax deduction for medical expenses

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subsection (d) of section 615 of the tax law is amended  by
adding a new paragraph 2-a to read as follows:
  (2-A) FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOU-
SAND  NINE,  AN  AMOUNT  EQUAL  TO THE AMOUNT EXPENDED BY A TAXPAYER FOR
QUALIFYING MEDICAL EXPENSES AS DETERMINED PURSUANT  TO  THIS  PARAGRAPH.
QUALIFYING  MEDICAL  EXPENSES  SHALL  BE CALCULATED BY (A) MULTIPLYING A
TAXPAYER'S FEDERAL ADJUSTED GROSS INCOME BY TWO  AND  ONE-HALF  PERCENT;
AND  THEN (B) SUBTRACTING THE AMOUNT DETERMINED IN SUBPARAGRAPH (A) FROM
THE TOTAL AMOUNT EXPENDED BY A TAXPAYER DURING  THE  TAX  YEAR  FOR  ALL
MEDICAL RELATED EXPENSES INCLUDING PREMIUMS PAID FOR HEALTH AND ACCIDENT
INSURANCE, AND LONG TERM CARE INSURANCE; AND
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07675-01-9