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

                                  4680

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            February 4, 2011
                               ___________

Introduced  by M. of A. RAMOS -- 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  ELEVEN,  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) OF
THIS PARAGRAPH 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.
                                                           LBD08473-01-1