STATE OF NEW YORK
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640--A
2019-2020 Regular Sessions
IN SENATE(Prefiled)
January 9, 2019
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Introduced by Sens. KENNEDY, BOYLE -- read twice and ordered printed,
and when printed to be committed to the Committee on Investigations
and Government Operations -- recommitted to the Committee on Investi-
gations 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 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 3-d to read as follows:
3 (3-d) The amount of any service award paid to any volunteer firefight-
4 er and the amount of any service award paid to any volunteer ambulance
5 worker from the length of service defined contribution plans and defined
6 benefit plans applicable to such workers, as provided for in articles
7 eleven-A, eleven-AA, eleven-AAA, and eleven-AAAA of the general munici-
8 pal law; provided, however that the exclusion provided in this paragraph
9 shall not apply to a service award that is distributed in the form of a
10 lump sum or that is distributed to a taxpayer that has not attained the
11 age of fifty-nine and one-half.
12 § 2. This act shall take effect immediately and shall apply to taxable
13 years beginning on and after January 1, 2022.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02139-02-0
