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NY A06615
Bill
Status
4/12/2013
Primary Sponsor
Robert Oaks
Click for details
AI Summary
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Allows at-home parents to deduct up to $10,000 in income earned from providing child care services for up to two qualifying children against New York personal income tax.
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Defines "at-home parent" as a parent who provides full-time care at their residence for one or more pre-school children and claims the child as a dependent on their tax return.
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Defines "parent" to include biological parents, stepparents, adoptive parents, and legal guardians of qualifying children.
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Defines "qualifying child" as a child not older than six years of age who has not yet enrolled in elementary school or who enrolled during the taxable year.
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Takes effect on January 1st of the year following enactment.
Legislative Description
Allows tax deduction up to $10,000 on personal income for certain child care; allows deduction to parent of pre-school child or child of another.
Last Action
held for consideration in ways and means
6/17/2014