STATE OF NEW YORK
________________________________________________________________________
7367
2019-2020 Regular Sessions
IN ASSEMBLY
April 26, 2019
___________
Introduced by M. of A. ZEBROWSKI, JAFFEE, JACOBSON -- read once and
referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to creating a congestion toll
offset tax credit
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 606 of the tax law is amended by adding a new
2 subsection (kkk) to read as follows:
3 (kkk) Congestion toll offset tax credit. (1) For taxable years begin-
4 ning on or after January first, two thousand twenty-one, a resident
5 individual whose primary residence is located in the county of Rockland
6 or the county of Orange shall be allowed a credit to be computed as
7 provided in this subsection, against the tax imposed by this article for
8 qualified tolls paid during such taxable year.
9 (2) As used in this subsection, "qualified tolls" means the amount
10 charged to a taxpayer's vehicle, up to the congestion toll amount pursu-
11 ant to article forty-four-C of the vehicle and traffic law, for crossing
12 either the Governor Mario M. Cuomo bridge or George Washington bridge if
13 such taxpayer subsequently, within two hours of crossing such bridge,
14 entered the congestion tolling zone.
15 (3) The amount of the credit pursuant to this subsection shall be
16 qualified tolls paid by a taxpayer during the taxable year, except in
17 the case where two qualified taxpayers file jointly, the amount of such
18 credit shall be the combined qualified tolls paid by such qualified
19 taxpayers during the taxable year as computed by adding the tax credits
20 each would be allowed pursuant to this subsection if they each filed
21 individually.
22 § 2. This act shall take effect immediately and shall apply to the
23 taxable year in which it takes effect and taxable years commencing ther-
24 eafter.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11016-03-9