Provides for a deduction against personal gross income in an amount equal to fees, costs and expenses paid or incurred including legal fees and agency costs in connection with the adoption of a child.
STATE OF NEW YORK
________________________________________________________________________
6060
2009-2010 Regular Sessions
IN ASSEMBLY
February 24, 2009
___________
Introduced by M. of A. ERRIGO, BALL, BARCLAY, FINCH, KOLB, McKEVITT,
MOLINARO, TOBACCO, TOWNSEND, WALKER -- Multi-Sponsored by -- M. of A.
CALHOUN, CONTE, DUPREY, JORDAN, SPANO -- read once and referred to the
Committee on Ways and Means
AN ACT to amend the tax law, in relation to providing for a deduction
from personal gross income for expenses incurred in the adoption of a
child
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 39 to read as follows:
3 (39) The amount of adoption agency fees and any and all medical and
4 legal fees, court costs and any other related expenses paid or incurred
5 by a taxpayer during the taxable year in connection with the adoption of
6 a child.
7 § 2. This act shall take effect immediately and shall apply to all
8 taxable years beginning on or after the first of January in the year in
9 which it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05828-01-9
