STATE OF NEW YORK
________________________________________________________________________
4126
2023-2024 Regular Sessions
IN ASSEMBLY
February 9, 2023
___________
Introduced by M. of A. WALLACE -- read once and referred to the Commit-
tee on Ways and Means
AN ACT to amend the tax law, in relation to increasing the amount of a
tax credit for automated external defibrillators
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 13 of section 210-B of the tax law, as added by
2 section 17 of part A of chapter 59 of the laws of 2014, is amended to
3 read as follows:
4 13. Credit for purchase of an automated external defibrillator. A
5 taxpayer shall be allowed a credit, to be computed as hereinafter
6 provided, against the tax imposed by this article, for the purchase,
7 other than for resale, of an automated external defibrillator, as such
8 term is defined in section three thousand-b of the public health law.
9 The amount of credit shall be the cost to the taxpayer of automated
10 external defibrillators purchased during the taxable year, such credit
11 not to exceed [five hundred] one thousand dollars with respect to each
12 unit purchased. The credit allowed under this subdivision for any taxa-
13 ble year shall not reduce the tax due for such year to less than the
14 fixed dollar minimum amount prescribed in paragraph (d) of subdivision
15 one of section two hundred ten of this [chapter] article.
16 § 2. Subsection (s) of section 606 of the tax law, as added by section
17 3 of part J of chapter 407 of the laws of 1999, is amended to read as
18 follows:
19 (s) Credit for purchase of an automated external defibrillator. A
20 taxpayer shall be allowed a credit as hereinafter provided, against the
21 tax imposed by this article for the purchase, other than for resale, of
22 an automated external defibrillator, as such term is defined in section
23 three thousand-b of the public health law. The amount of credit shall be
24 the cost to the taxpayer of automated external defibrillators purchased
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD03273-01-3
A. 4126 2
1 during the taxable year, such credit not to exceed [five hundred] one
2 thousand dollars with respect to each unit purchased.
3 § 3. Subdivision (l) of section 1511 of the tax law, as amended by
4 section 15 of part H3 of chapter 62 of the laws of 2003, is amended to
5 read as follows:
6 (l) Credit for purchase of an automated external defibrillator. A
7 taxpayer shall be allowed a credit as hereinafter provided, against the
8 tax imposed by this article for the purchase, other than for resale, of
9 an automated external defibrillator, as such term is defined in section
10 three thousand-b of the public health law. The amount of the credit
11 shall be the cost to the taxpayer of automated external defibrillators
12 purchased during the taxable year, such credit not to exceed [five
13 hundred] one thousand dollars with respect to each unit purchased. The
14 credit allowed under this subdivision for any taxable year shall not
15 reduce the tax due for such year to less than the minimum tax fixed by
16 paragraph four of subdivision (a) of section fifteen hundred two of this
17 article or by section fifteen hundred two-a of this article, whichever
18 is applicable.
19 § 4. This act shall take effect immediately and shall apply to taxable
20 years beginning on and after January 1, 2024.
