S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6800
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               April 8, 2021
                                ___________
 
 Introduced by M. of A. PICHARDO, SAYEGH -- read once and referred to the
   Committee on Ways and Means
 
 AN  ACT  to  amend the tax law, in relation to providing personal income
   taxpayers with a modification reducing federal adjusted  gross  income
   for tuition paid at any institution of higher education

   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 43 to read as follows:
   (43) FOR TAXABLE YEARS BEGINNING ON AND AFTER JANUARY FIRST, TWO THOU-
 SAND  TWENTY-ONE,  THE AMOUNT PAID BY A TAXPAYER WITH A FEDERAL ADJUSTED
 GROSS INCOME OF LESS THAN ONE HUNDRED THOUSAND DOLLARS, FOR  TUITION  AT
 ANY  INSTITUTION  OF  HIGHER  EDUCATION  WITHIN  THE STATE PROVIDED SUCH
 EXPENSE IS FOR TUITION OF THE TAXPAYER OR A DEPENDENT  OF  THE  TAXPAYER
 AND;  PROVIDED,  HOWEVER,  THAT  SUCH AUTHORIZED AMOUNT OF THE DEDUCTION
 SHALL NOT EXCEED THREE THOUSAND DOLLARS  MULTIPLIED  BY  THE  NUMBER  OF
 PERSONS FOR WHOM SUCH TUITION IS PAID.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08249-01-1