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NY A04634
Bill
Status
2/7/2013
Primary Sponsor
Brian Curran
Click for details
AI Summary
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Amends New York Tax Law Section 612 to exclude service awards paid to volunteer firefighters under General Municipal Law Article Eleven-A from federal adjusted gross income calculations
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Excludes service awards paid to volunteer ambulance workers under General Municipal Law Article Eleven-AA from federal adjusted gross income calculations
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Exempts these service award payments from New York state income tax
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Takes effect immediately and applies retroactively to January 1, 2014
Legislative Description
Excludes from federal adjusted gross income the amount of any service award paid to a volunteer firefighter or volunteer ambulance worker, thereby exempting such payments from state income tax in like manner as a pension.
Last Action
held for consideration in ways and means
6/17/2014