Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to investigations and government operations |
Jan 09, 2013 |
referred to investigations and government operations |
Senate Bill S1050
2013-2014 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations 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
Actions
2013-S1050 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A332
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd ยง601, Tax L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S7014, A10098
2011-2012: S146, A1302
2015-2016: A3770
2017-2018: A1565
2019-2020: A1941
2021-2022: A5033
2023-2024: A2050
2013-S1050 (ACTIVE) - Sponsor Memo
BILL NUMBER:S1050 TITLE OF BILL: An act to amend the tax law, in relation to exempting veterans eighty-five years of age and older from the obligation to pay New York state income tax PURPOSE: This bill will exempt veterans eighty-five years of age and older from the obligation to pay New York state income tax. SUMMARY OF SPECIFIC PROVISIONS: Section 1. Section 601 of the tax is amended by adding a new subsection (d-i) to read as follows: (d-i) Notwithstanding the provisions of subsections (a), (b), (c) and (d) of this section, for taxable years beginning after December thirty-first, two thousand thirteen, the income of any resident individual eighty-five years of age and older who qualifies as a veteran under the provisions of subdivision three of section three hundred fifty of the executive law shall be exempt from taxation under this article regardless of whether such income is subject to federal income taxation. JUSTIFICATION:
2013-S1050 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1050 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. MAZIARZ -- 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 exempting veterans eighty- five years of age and older from the obligation to pay New York state income tax THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (i) of section 601 of the tax law is relettered subsection (j) and a new subsection (i) is added to read as follows: (I) VETERANS OVER EIGHTY-FIVE YEARS OF AGE. NOTWITHSTANDING THE PROVISIONS OF SUBSECTIONS (A), (B), (C) AND (D) OF THIS SECTION AND ANY OTHER PROVISION OF THIS ARTICLE, FOR TAXABLE YEARS BEGINNING AFTER DECEMBER THIRTY-FIRST, TWO THOUSAND FOURTEEN, THE GROSS INCOME OF A RESIDENT INDIVIDUAL WHO IS AT LEAST EIGHTY-FIVE YEARS OF AGE AS OF DECEMBER THIRTY-FIRST OF THE TAXABLE YEAR FOR WHICH THE EXEMPTION IS CLAIMED AND WHO QUALIFIES AS A VETERAN UNDER THE PROVISIONS OF SUBDIVI- SION THREE OF SECTION THREE HUNDRED FIFTY OF THE EXECUTIVE LAW SHALL BE EXEMPT FROM TAX UNDER THIS ARTICLE REGARDLESS OF WHETHER SUCH INCOME IS SUBJECT TO FEDERAL INCOME TAXATION. S 2. This act shall take effect immediately and shall apply to all taxable years beginning on or after January 1, 2015. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00196-01-3
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