STATE OF NEW YORK
________________________________________________________________________
6765
2013-2014 Regular Sessions
IN ASSEMBLY
April 18, 2013
___________
Introduced by M. of A. SCHIMEL -- read once and referred to the Commit-
tee on Ways and Means
AN ACT to amend the tax law, in relation to exempting the proceeds from
service award programs for volunteer firefighters and ambulance work-
ers from personal income taxes
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 any award paid to a volunteer firefighter or volun-
4 teer ambulance worker from a length of service defined contribution plan
5 or defined benefit plan as provided for in articles eleven-A, eleven-AA,
6 eleven-AAA and eleven-AAAA of the general municipal law, to the extent
7 that such award is includable in gross income for federal income tax
8 purposes; provided, however, that such award is not distributed in the
9 form of a lump sum.
10 § 2. This act shall take effect immediately and shall apply to taxable
11 years beginning on and after January 1, 2014.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD10031-01-3
