Assembly Bill A1564

2013-2014 Legislative Session

Provides an itemized deduction for expenses for course-mandated supplies for eligible college students paid by taxpayers

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee


  • 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

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2013-A1564 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Amd ยง615, Tax L
Versions Introduced in Other Legislative Sessions:
2009-2010: A3045
2011-2012: A6508
2015-2016: A5214
2017-2018: A5917
2019-2020: A4168
2021-2022: A5301
2023-2024: A5417

2013-A1564 (ACTIVE) - Summary

Provides an itemized deduction for expenses for course-mandated supplies for eligible college students paid by taxpayers.

2013-A1564 (ACTIVE) - Bill Text download pdf

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

                                  1564

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  M.  of A. KOLB, GIGLIO -- Multi-Sponsored by -- M. of A.
  BARCLAY, CROUCH, DUPREY, HAWLEY, JORDAN, McDONOUGH, McKEVITT, REILICH,
  SALADINO, THIELE, WEISENBERG -- read once and referred to the  Commit-
  tee on Ways and Means

AN  ACT  to amend the tax law, in relation to providing a tax credit for
  course-mandated supplies for eligible college students

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

  Section  1.  Paragraph  4  of subsection (d) of section 615 of the tax
law, as added by section 2 of part DD of chapter 63 of the laws of 2000,
is amended to read as follows:
  (4) allowable college tuition expenses, as defined in paragraph two of
subsection (t) of section six hundred six of this article,  AND  COLLEGE
EXPENSES  FOR  COURSE-MANDATED  SUPPLIES  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 taxa-
ble 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.
  S 2. This act shall take effect on the first of January next  succeed-
ing the date on which it shall have become a law.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03329-01-3


              

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