STATE OF NEW YORK
________________________________________________________________________
6800
2021-2022 Regular Sessions
IN ASSEMBLY
April 8, 2021
___________
Introduced by M. of A. PICHARDO, SAYEGH -- read once and referred to the
Committee on Ways and Means
AN ACT to amend the tax law, in relation to providing personal income
taxpayers with a modification reducing federal adjusted gross income
for tuition paid at any institution of higher education
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 43 to read as follows:
3 (43) For taxable years beginning on and after January first, two thou-
4 sand twenty-one, the amount paid by a taxpayer with a federal adjusted
5 gross income of less than one hundred thousand dollars, for tuition at
6 any institution of higher education within the state provided such
7 expense is for tuition of the taxpayer or a dependent of the taxpayer
8 and; provided, however, that such authorized amount of the deduction
9 shall not exceed three thousand dollars multiplied by the number of
10 persons for whom such tuition is paid.
11 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD08249-01-1
