STATE OF NEW YORK
________________________________________________________________________
5234
2019-2020 Regular Sessions
IN ASSEMBLY
February 7, 2019
___________
Introduced by M. of A. RAIA, MONTESANO, RA, MORINELLO, LAWRENCE, GARBAR-
INO, M. G. MILLER, GOODELL, BLANKENBUSH -- read once and referred to
the Committee on Ways and Means
AN ACT to amend the tax law, in relation to creating a tax deduction for
real property taxes and local taxes, except sales tax
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subsection (c) of section 612 of the tax law is amended by
2 adding a new paragraph 44 to read as follows:
3 (44) Only in the event that real property taxes paid on a taxpayer's
4 property and local taxes, except sales tax, are not authorized federal
5 itemized deductions for the entire amount of taxes paid, the amount paid
6 in real property taxes and local taxes, except sales tax, for the taxa-
7 ble year.
8 § 2. This act shall take effect immediately and shall apply to the
9 taxable year in which it takes effect and to subsequent taxable years.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD07961-01-9
