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NY A07054

Bill

Official Source

Status

Introduced

3/19/2009

Primary Sponsor

Greg Ball

Click for details

Origin

Assembly

2009-2010 General Assembly

AI Summary

  • Allows taxpayers a tax credit against personal income tax for purchasing gun safes, vaults, firearm safety locks, trigger locks, and other firearm safety storage items for personal use
  • Credit equals 25 percent of the cost of firearm safety items purchased during the taxable year, with a maximum credit of $500 per year
  • Applies to taxable years beginning on or after January 1, 2009
  • Takes effect immediately upon enactment

Legislative Description

Provides a 25% tax credit against personal income taxes for the purchase of gun safety equipment up to $500.

Last Action

held for consideration in ways and means

7/1/2010

Committee Referrals

Ways and Means3/19/2009

Full Bill Text

No bill text available