Loading chat...
NY A05799
Bill
Status
2/20/2009
Primary Sponsor
Thomas Alfano
Click for details
AI Summary
-
Amends section 615(d) of the New York tax law to allow a 100% deduction for medical and dental insurance premiums paid by sole proprietors and partners in unincorporated businesses for their own coverage
-
Creates a new paragraph 1-a under subsection (d) of section 615 to establish this deduction
-
Takes effect on January 1st of the year following enactment and applies to all taxable years beginning on or after that date
-
Applies to sole proprietors and partners in unincorporated businesses seeking to deduct self-coverage insurance costs
Legislative Description
An act to amend the tax law, in relation to a deduction for health and dental insurance premiums paid by sole proprietors and partners in unincorporated business
Last Action
held for consideration in ways and means
7/1/2010