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NY A04478

Bill

Official Source

Status

Introduced

2/5/2013

Primary Sponsor

Gary Finch

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Allows resident owners of real property to claim a tax credit against New York State income tax for the cost of purchasing and installing photoelectric smoke alarms in their residence
  • Eligible smoke alarm types include photoelectric detectors, dual photoelectric/ionization detectors, and photoelectric/carbon monoxide detectors
  • Credit amount equals the actual cost of purchasing and installing the qualifying smoke alarms
  • Applies to taxable years beginning on or after January 1, 2013
  • Takes effect immediately upon enactment

Legislative Description

Enacts "Averyana's law"; provides a tax credit for the purchase and installation of certain smoke alarms which incorporate photoelectric technology including but not limited to: photoelectric detectors; dual photoelectric/ionization detectors; and photoelectric/carbon monoxide detectors.

Last Action

held for consideration in ways and means

6/17/2014

Committee Referrals

Ways and Means2/5/2013

Full Bill Text

No bill text available