•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

S05543 Summary:

BILL NOS05543
 
SAME ASNo Same As
 
SPONSORCOMRIE
 
COSPNSR
 
MLTSPNSR
 
Amd §612, Tax L
 
Relates to excluding from state income tax unemployment benefits received during the COVID-19 pandemic; issues a refund for any such taxes paid by a taxpayer.
Go to top    

S05543 Actions:

BILL NOS05543
 
03/08/2023REFERRED TO BUDGET AND REVENUE
01/03/2024REFERRED TO BUDGET AND REVENUE
Go to top

S05543 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5543
 
                               2023-2024 Regular Sessions
 
                    IN SENATE
 
                                      March 8, 2023
                                       ___________
 
        Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Budget and Revenue
 
        AN ACT to amend the tax law, in relation to excluding from state  income
          tax certain unemployment compensation benefits
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision (c) of section 612 of the tax law is amended by
     2  adding a new paragraph 47 to read as follows:
     3    (47) For each taxable year beginning on and after January  first,  two
     4  thousand twenty-two, an amount up to ten thousand two hundred dollars of
     5  unemployment compensation received by a taxpayer.
     6    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03908-01-3
Go to top