STATE OF NEW YORK
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191--A
2017-2018 Regular Sessions
IN SENATE(Prefiled)
January 4, 2017
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Introduced by Sens. MARCHIONE, GALLIVAN, HELMING, LITTLE, RANZENHOFER,
RITCHIE, SEWARD, TEDISCO -- read twice and ordered printed, and when
printed to be committed to the Committee on Investigations and Govern-
ment Operations -- recommitted to the Committee on Investigations and
Government Operations in accordance with Senate Rule 6, sec. 8 --
committee discharged, bill amended, ordered reprinted as amended and
recommitted to said committee
AN ACT to amend the tax law, in relation to providing a tax credit for
the cost of purchasing a gun safe
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 (ccc) to read as follows:
3 (ccc) Home defense tax credit. A resident taxpayer who purchases a gun
4 safe on or after January fifteenth, two thousand thirteen shall be
5 allowed a credit against the tax otherwise imposed under this article in
6 an amount equal to one-half of the cost of such gun safe up to a maximum
7 of five hundred dollars. As used in this subsection, "gun safe" means a
8 cabinet of metal or other sufficiently durable material equipped with a
9 key or combination lock designed to securely store rifles, shotguns or
10 handguns.
11 § 2. This act shall take effect immediately and shall apply to taxable
12 years beginning on or after January 1, 2018.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02972-02-8
