Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2018 |
referred to investigations and government operations |
Jan 27, 2017 |
referred to investigations and government operations |
Senate Bill S3798
2017-2018 Legislative Session
Sponsored By
(D) 36th 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
2017-S3798 (ACTIVE) - Details
2017-S3798 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3798 TITLE OF BILL : An act to amend the tax law, in relation to providing for a deduction from personal gross income for expenses incurred in the adoption of a child PURPOSE : To allow those who adopt a child to deduct from their gross income tax, any and all costs incurred in legal fees, agency costs, etc. in the adoption proceedings. JUSTIFICATION : Expenses incurred for adoption services should not be taxable. This bill would delete those actual expenses from gross income. SUMMARY OF SPECIFIC PROVISIONS : This bill will amend subsection (c) of § 612 of the Tax Law. Paragraph 42 is added to allow the amount of adoption agency fees, medical fees, legal fees, court costs, and other related expenses associated with adoption proceedings paid by a taxpayer to be deducted from personal gross income expenses incurred in the adoption of a child. LEGISLATIVE HISTORY :
2017-S3798 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3798 2017-2018 Regular Sessions I N S E N A T E January 27, 2017 ___________ Introduced by Sen. BAILEY -- 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 for a deduction from personal gross income for expenses incurred in the adoption of a child THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (c) of section 612 of the tax law is amended by adding a new paragraph 42 to read as follows: (42) THE AMOUNT OF ADOPTION AGENCY FEES AND ANY AND ALL MEDICAL AND LEGAL FEES, COURT COSTS AND ANY OTHER RELATED EXPENSES PAID OR INCURRED BY A TAXPAYER DURING THE TAXABLE YEAR IN CONNECTION WITH THE ADOPTION OF A CHILD. § 2. This act shall take effect immediately and shall apply to all taxable years beginning on or after the first of January in the year in which it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08681-01-7
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