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

                                  2029

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            January 13, 2011
                               ___________

Introduced by M. of A. REILICH, KOLB, FINCH -- read once and referred to
  the Committee on Ways and Means

AN ACT to amend the tax law, in relation to personal exemptions of resi-
  dent individuals

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

  Section 1. Section 616 of the tax law  is  amended  by  adding  a  new
subsection (c) to read as follows:
  (C) ADDITIONAL EXEMPTION. IN ADDITION TO THE EXEMPTION PROVIDED FOR IN
SUBSECTION  (A) OF THIS SECTION FOR TAXABLE YEARS BEGINNING AFTER DECEM-
BER THIRTY-FIRST, TWO THOUSAND ELEVEN, A RESIDENT  INDIVIDUAL  SHALL  BE
ALLOWED  AN  ADDITIONAL  NEW YORK EXEMPTION OF SIX HUNDRED FIFTY DOLLARS
FOR EACH DEPENDENT (AS DEFINED IN THIS SUBSECTION) WHO IS OF THE AGE  OF
SIXTY-FIVE  OR  OLDER, WHOSE GROSS INCOME FOR THE CALENDAR YEAR IN WHICH
THE TAXABLE YEAR OF THE TAXPAYER BEGINS IS NOT MORE THAN FIFTEEN HUNDRED
DOLLARS.  FOR THE PURPOSES OF THIS SUBSECTION THE TERM "DEPENDENT" SHALL
MEAN ANY OF THE FOLLOWING INDIVIDUALS OVER ONE-HALF WHOSE  SUPPORT,  FOR
THE  CALENDAR  YEAR IN WHICH THE TAXABLE YEAR OF THE TAXPAYER BEGINS WAS
RECEIVED FROM THE TAXPAYER:
  (1)  THE FATHER OR MOTHER OF THE TAXPAYER;
  (2)  A STEPFATHER OR STEPMOTHER OF THE TAXPAYER;
  (3)  AN INDIVIDUAL (OTHER THAN AN INDIVIDUAL WHO AT  ANY  TIME  DURING
THE TAXABLE YEAR WAS THE SPOUSE) WHO FOR THE TAXABLE YEAR OF THE TAXPAY-
ER,  HAS AS HIS PRINCIPAL PLACE OF ABODE THE HOME OF THE TAXPAYER AND IS
A MEMBER OF THE TAXPAYER'S HOUSEHOLD.
  S 2.  This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03831-01-1