A05910 Summary:

BILL NOA05910
 
SAME ASSAME AS S00823
 
SPONSORMalliotakis
 
COSPNSR
 
MLTSPNSR
 
Amd §612, Tax L
 
Relates to excluding from federal adjusted gross income the amount of any money or the value of any medals awarded to olympians or paralympians earning a maximum of three hundred thousand dollars annually.
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A05910 Actions:

BILL NOA05910
 
02/20/2019referred to ways and means
01/08/2020referred to ways and means
07/17/2020held for consideration in ways and means
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A05910 Committee Votes:

WAYS AND MEANS Chair:Weinstein DATE:07/17/2020AYE/NAY:22/10 Action: Held for Consideration
WeinsteinAyeRaNay
LentolAyeCrouchNay
SchimmingerExcusedFitzpatrickNay
GlickAyeHawleyNay
NolanAyeMalliotakisNay
PretlowAyeMontesanoNay
PerryAyeBlankenbushNay
ColtonAyePalmesanoNay
CookAyeNorrisNay
CahillAyeBrabenecNay
AubryAye
CusickAye
OrtizExcused
BenedettoAye
WeprinAye
RodriguezAye
RamosAye
BraunsteinAye
McDonaldAye
RozicAye
SimotasAye
DinowitzAye
MillerAye
JoynerAye

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A05910 Floor Votes:

There are no votes for this bill in this legislative session.
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A05910 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5910
 
                               2019-2020 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 20, 2019
                                       ___________
 
        Introduced  by  M.  of  A.  MALLIOTAKIS -- read once and referred to the
          Committee on Ways and Means
 
        AN ACT to amend the tax law,  in  relation  to  excluding  from  federal
          adjusted  gross  income the amount of any money or the value of medals
          awarded to olympians  or  paralympians  earning  a  maximum  of  three
          hundred thousand dollars annually

          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) The amount of any money and/or the value of any medals awarded to
     4  an  olympian  or paralympian earning a maximum of three hundred thousand
     5  dollars annually to the extent includable in gross  income  for  federal
     6  income taxation purposes.
     7    § 2. This act shall take effect immediately and shall be applicable to
     8  taxable years beginning on and after January 1, 2019.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06024-01-9
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