A08203 Summary:
| BILL NO | A08203 |
| SAME AS | SAME AS S02454 |
| SPONSOR | Woerner |
| COSPNSR | |
| MLTSPNSR | |
| Amd S606, Tax L | |
| Provides a tax credit for the cost of purchasing a gun safe. | |
A08203 Actions:
| BILL NO | A08203 | |||||||||||||||||||||||||||||||||||||||||||||||||
| 06/11/2015 | referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
| 01/06/2016 | referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
A08203 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 8203 2015-2016 Regular Sessions IN ASSEMBLY June 11, 2015 ___________ Introduced by M. of A. WOERNER -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the tax law, in relation to providing a tax credit for the cost of purchasing a gun safe 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 (ccc) to read as follows: 3 (ccc) Home defense tax credit. A resident taxpayer who purchases a gun 4 safe on or after January fifteenth, two thousand thirteen shall be 5 allowed a credit against the tax otherwise imposed under this article in 6 an amount equal to one-half of the cost of such gun safe up to a maximum 7 of five hundred dollars. As used in this subsection, "gun safe" means a 8 cabinet of metal or other sufficiently durable material equipped with a 9 key or combination lock designed to securely store rifles, shotguns or 10 handguns. 11 § 2. This act shall take effect immediately and shall apply to taxable 12 years beginning on or after January 1, 2013. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02480-01-5