Provides a tax credit of up to five hundred dollars to individuals with disabilities for using transportation network companies to get to work and/or school.
NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A1050
SPONSOR: Ramos TITLE OF BILL:
An act to amend the tax law, in relation to providing a tax credit to
individuals with disabilities for using transportation network companies
to get to work and/or school
PURPOSE OR GENERAL IDEA OF BILL:
The purpose of this bill is to provide a tax credit to qualified indi-
viduals with a disability who use transportation network companies to
get to work and/or school. The credit shall not exceed five hundred
dollars.
SUMMARY OF PROVISIONS:
This bill would establish a tax credit for qualified individuals with
disabilities who use transportation network companies to get to work
and/or school. The credit shall be equal to the expenses incurred during
the taxable year and shall not exceed five hundred dollars. The taxpay-
er would be required to attach to their tax return, in the manner set by
the commissioner, verification of the taxpayer's disability and verifi-
cation of such transportation used to travel to work and/or school. If
the amount of the credit exceeds the taxpayer's tax for the year, the
excess shall be carried over to the following year(s) and can be
deducted from the taxpayer's tax for such year(s).
JUSTIFICATION:
Transportation is one of the biggest barriers for individuals with disa-
bilities. Transportation is necessary for people with disabilities to
get to work and attend school. Many things are not possible to do with-
out being able to transport yourself. If we are talking about bringing
down the unemployment rate for people with disabilities, then transpor-
tation is one of the barriers that is faced by people with disabilities
that needs to be addressed. Many of the para-transits that are available
to people with disabilities are not reliable and this bill would help
alleviate the cost of transportation for individuals with disabilities.
PRIOR LEGISLATIVE HISTORY:
A.4466 of 2023-24 referred to ways and means
A.5069 of 2021-22 referred to ways and means
A.10234 of 2020 referred to ways and means
EFFECTIVE DATE:
This act shall take effect immediately and shall apply to taxable years
beginning on and after January 1, 2025.
STATE OF NEW YORK
________________________________________________________________________
1050
2025-2026 Regular Sessions
IN ASSEMBLY
January 8, 2025
___________
Introduced by M. of A. RAMOS -- read once and referred to the Committee
on Ways and Means
AN ACT to amend the tax law, in relation to providing a tax credit to
individuals with disabilities for using transportation network compa-
nies to get to work and/or school
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 606 of the tax law is amended by adding a new
2 subsection (qqq) to read as follows:
3 (qqq) Credit for individuals with disabilities who use transportation
4 network companies. (1) Allowance and amount of credit. A taxpayer, who
5 is a qualified individual with a disability as defined in the rehabili-
6 tation act of nineteen hundred ninety-three (29 U.S.C. 701) as amended
7 and who uses transportation network companies to get to work and/or
8 school, shall be allowed a credit, to be computed as provided in this
9 subsection, against the tax imposed by this article. The amount of the
10 credit shall be equal to the expenses incurred during a taxable year for
11 using transportation network companies to get to work and/or school.
12 Provided, however, that such credit shall not exceed five hundred
13 dollars.
14 (2) Definitions. "Transportation network company" or "TNC" shall have
15 the same meaning as the term is defined in article forty-four-B of the
16 vehicle and traffic law.
17 (3) Tax return requirement. The taxpayer shall be required to attach
18 to their tax return, in the form prescribed by the commissioner, verifi-
19 cation of such taxpayer's disability and verification that such trans-
20 portation was used to travel to work and/or school.
21 (4) Application of credit. If the amount of the credit shall exceed
22 the taxpayer's tax for such year the excess shall be carried over to the
23 following year or years, and may be deducted from the taxpayer's tax for
24 such year or years.
25 § 2. This act shall take effect immediately and shall apply to taxable
26 years beginning on and after January 1, 2025.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00449-01-5
