STATE OF NEW YORK
________________________________________________________________________
4487
2025-2026 Regular Sessions
IN SENATE
February 5, 2025
___________
Introduced by Sens. ASHBY, GALLIVAN, HELMING, MATTERA, OBERACKER,
RHOADS, ROLISON, SCARCELLA-SPANTON, TEDISCO, WEBER -- 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 payment of a supplemental
empire state child tax credit
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subsection (c-1) of section 606 of the tax law is amended
2 by adding a new paragraph 6 to read as follows:
3 (6) (A) For tax year two thousand twenty-six and thereafter, the
4 commissioner shall issue a payment of a supplemental empire state child
5 tax credit in the amount of one thousand dollars for taxpayers who qual-
6 ify to claim a newborn as a dependent as defined under section one
7 hundred fifty-two of the federal internal revenue code, for each such
8 newborn of the taxpayer that may be so claimed as a dependent. If the
9 amount of the credit allowable under this subsection for any taxable
10 year shall exceed the taxpayer's tax for such year, the excess shall be
11 treated as an overpayment of tax to be credited or refunded in accord-
12 ance with the provisions of section six hundred eighty-six of this arti-
13 cle, provided, however, that no interest shall be paid thereon.
14 (B) For the purposes of this paragraph, the term "newborn" shall mean
15 a child born in the current or previous tax year who has not been previ-
16 ously claimed as a dependent.
17 (C) The supplemental payment pursuant to this paragraph shall be
18 allowed to taxpayers who timely filed returns pursuant to section six
19 hundred fifty-one of this article, as determined with regard to any
20 extensions pursuant to section six hundred fifty-seven of this article.
21 § 2. This act shall take effect April 1, 2026.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD08938-01-5
