NY State Senate Bill 2013-S2666

Senate Bill S2666

2013-2014 Legislative Session

Provides a tax deduction from personal income taxes for un-reimbursed expenses paid for veterinary care of companion animals

download bill text pdf

Archive: Last Bill Status - Stricken

Introduced
- In Committee Assembly
- In Committee Senate
- On Floor Calendar Assembly
- On Floor Calendar Senate
- Passed Assembly
- Passed Senate
Delivered to Governor
Signed By Governor

Please enter your contact information

First Name

Last Name

Email Address

A valid email address is required.

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jun 17, 2013	recommit, enacting clause stricken
Jan 23, 2013	referred to investigations and government operations

co-Sponsors

2013-S2666 (ACTIVE) - Details

Law Section:: Tax Law
Laws Affected:: Amd §615, Tax L
Versions Introduced in Other Legislative Sessions:: 2011-2012: S4956
2015-2016: S704
2017-2018: S3209

2013-S2666 (ACTIVE) - Summary

Provides a tax deduction from personal income taxes for un-reimbursed expenses paid for veterinary care of companion animals.

2013-S2666 (ACTIVE) - Sponsor Memo

                                BILL NUMBER:S2666

TITLE OF BILL:  An act to amend the tax law, in relation to providing a
deduction from personal income taxes for un-reimbursed expenses paid for
veterinary care of companion animals

PURPOSE:  To grant taxpayers a personal income tax credit for uncompen-
sated veterinary care and medication expenses for a companion animal
that exceed 7.5% of the taxpayer's AGI.

SUMMARY OF PROVISIONS:  Establishes a personal income tax credit for
uncompensated expenses for veterinary care of and medication for a
companion animal that exceed 7.5% of the taxpayer's AGI;

-Requires that the Commissioner of Taxation and Finance promulgate rules
and regulations to establish criteria for the veterinary care deduction;
and,

-Act taking effect the next January 1st after it becomes law, and shall
apply to all taxable years after that date, provided that the Commission
is authorized to promulgate rules and regulations immediately.

JUSTIFICATION:  According to the 200-10 National Pet Owners Survey, 62%
of U.S.  households (or 71.4 million homes) own a pet. In 2010, Ameri-
cans spent an estimated $47.7 billion on their pets, of which about one
fourth ($12.79 billion) was for veterinary expenses.

The bond between pet owners and their companion animals has been demon-
strated to have positive effects upon the well being of the owners.
Sadly, in these difficult economic times more families have come into
financial hardship and been forced to give up their pets when veterinary
expenses have become too much to bear.

When companion animals lose their homes, they become a stress to our
overburdened shelter system. Animals in public shelters average a seven
day stay during which time the public pays for around the clock care,
food, medicine, cleaning - and often euthanizing and body disposal
expenses. The care, housing, and killing of these animals come at a
significant cost to the public. It is preferable for pets to remain in
their homes with the people who love them. New York state tax policy
already exempts veterinary expenses from sales tax.  A reasonably limit-
ed tax credit expands on this principle.

LEGISLATIVE HISTORY:  A.10073 of 2009-10 5/2/11 Referred to Investi-
gations and Government Operations 2/14/12 Recommit, Enacting, Clause
Stricken

FISCAL IMPLICATIONS: Unknown.

EFFECTIVE DATE:  This act shall take effect on the first of January next
succeeding the date on which it shall have become a law and shall apply

to all taxable years commencing on or after such date; provided that,
effective immediately, the commissioner of taxation and finance is
authorized to and shall promulgate any and all rules and regulations and
take any other measures necessary to implement this act on its effective
date on or before such date.

2013-S2666 (ACTIVE) - Bill Text download pdf

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

                                  2666

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 23, 2013
                               ___________

Introduced  by  Sen.  BALL  --  read twice and ordered printed, and when
  printed to be committed to the Committee on Investigations and Govern-
  ment Operations

AN ACT to amend the tax law, in relation to providing a  deduction  from
  personal  income  taxes for un-reimbursed expenses paid for veterinary
  care of companion animals

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

  Section  1.  Paragraphs 2, 3 and 4 of subsection (d) of section 615 of
the tax law, paragraph 2 as amended by chapter 406 of the laws of  1990,
paragraph  3 as amended by chapter 921 of the laws of 1963 and paragraph
4 as added by section 2 of part DD of chapter 63 of the  laws  of  2000,
are amended and a new paragraph 5 is added to read as follows:
  (2)  interest  on  indebtedness  incurred  or continued to purchase or
carry obligations or securities the interest on which is subject to  tax
under  this  article  but  exempt from federal income tax, to the extent
that such interest on indebtedness is not deductible for federal  income
tax  purposes  and  is not subtracted from federal adjusted gross income
pursuant to paragraph (9) of  subsection  (c)  of  section  six  hundred
twelve; [and]
  (3)  ordinary and necessary expenses paid or incurred during the taxa-
ble year for (i) the production or collection of income which is subject
to tax under this article but exempt from federal income  tax,  or  (ii)
the  management,  conservation  or  maintenance of property held for the
production of such income, and the  amortizable  bond  premium  for  the
taxable  year  on any bond the interest on which is subject to tax under
this article but exempt from federal income tax, to the extent that such
expenses and premiums are not deductible in determining federal adjusted
gross income and are not subtracted from federal adjusted  gross  income
pursuant  to  paragraph  (10)  of  subsection (c) of section six hundred
twelve[.];

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02170-02-3

S. 2666                             2

  (4) allowable college tuition expenses, as defined in paragraph two of
subsection (t) of section six hundred six of this article, multiplied by
the applicable percentage. Such applicable percentage shall  be  twenty-
five  percent  for  taxable  years  beginning in two thousand one, fifty
percent  for  taxable  years beginning in two thousand two, seventy-five
percent for taxable years  beginning  in  two  thousand  three  and  one
hundred  percent  for  taxable years beginning after two thousand three.
Provided, however, no deduction shall be allowed under this paragraph to
a taxpayer who claims  the  credit  provided  under  subsection  (t)  of
section six hundred six of this article[.]; AND
  (5)  EXPENSES,  NOT  COMPENSATED  FOR  BY INSURANCE OR OTHERWISE, PAID
DURING THE TAXABLE YEAR BY THE TAXPAYER OR HIS OR HER SPOUSE FOR VETERI-
NARY CARE OF AND MEDICATION  FOR  A  COMPANION  ANIMAL,  AS  DEFINED  IN
SECTION  THREE  HUNDRED FIFTY OF THE AGRICULTURE AND MARKETS LAW, TO THE
EXTENT THAT SUCH EXPENSES EXCEED  SEVEN  AND  ONE-HALF  PERCENT  OF  THE
TAXPAYER'S ADJUSTED GROSS INCOME.
  S  2.  The commissioner of taxation and finance shall promulgate rules
and regulations to establish criteria for the veterinary care  deduction
provided  for in section one of this act, including determining expenses
eligible for the deduction, which shall include, but not be limited  to,
amounts   paid  for  the  diagnosis,  cure,  mitigation,  treatment,  or
prevention of disease, to treat injury sustained as  the  result  of  an
accident,  and  to  promote  the  proper  structure  and function of the
animal's body, and for necessary medications, and shall take such  other
measures  as  he  or  she deems necessary to implement the provisions of
this section.
  S 3. This act shall take effect immediately, except that  section  one
of  this  act  shall take effect on the first of January next succeeding
the date on which it shall have become a law.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Senate Bill S2666

Share this bill

Sponsored By

Greg Ball