Enacts "Averyana's law"; provides a tax credit for the purchase and installation of certain smoke alarms which incorporate photoelectric technology including but not limited to: photoelectric detectors; dual photoelectric/ionization detectors; and photoelectric/carbon monoxide detectors.
STATE OF NEW YORK
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4478--B
2013-2014 Regular Sessions
IN ASSEMBLY
February 5, 2013
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Introduced by M. of A. FINCH -- read once and referred to the Committee
on Ways and Means -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee -- recommitted
to the Committee on Ways and Means in accordance with Assembly Rule 3,
sec. 2 -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee
AN ACT to amend the tax law, in relation to enacting "Averyana's law"
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. This act shall be known and may be cited as "Averyana's
2 law".
3 § 2. Subsections (yy) and (zz) of section 606 of the tax law, as
4 relettered by section 5 of part H of chapter 1 of the laws of 2003, are
5 relettered subsections (yyy) and (zzz) and a new subsection (xx) is
6 added to read as follows:
7 (xx) Credit for installation of smoke alarms. Any resident owner of
8 real property as defined in section one hundred two of the real property
9 tax law shall be allowed a credit against the tax otherwise imposed
10 under this article in an amount equal to the cost of purchasing and
11 installing certain smoke alarms which incorporate photoelectric technol-
12 ogy, including, but not limited to, photoelectric detectors; dual
13 photoelectric/ionization detectors; and photoelectric/carbon monoxide
14 detectors in his or her residence.
15 § 3. This act shall take effect immediately and shall apply to taxable
16 years beginning on or after January 1, 2014.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00866-05-4
