Authorizes city with a population of 1,000,000 or more to allow credit, by local law or ordinance, against personal income tax imposed by such city, for expenses of providing security for the home, provided such structure is a one, two, three, four or five family owner occupied residence.
STATE OF NEW YORK
________________________________________________________________________
2249
2011-2012 Regular Sessions
IN SENATE
January 18, 2011
___________
Introduced by Sen. KRUGER -- read twice and ordered printed, and when
printed to be committed to the Committee on Cities
AN ACT to amend the general city law, in relation to providing for the
granting of a deduction in personal income tax imposed by a city for
home security expenses
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The third undesignated paragraph of section 25-a of the
2 general city law is amended by adding a new subparagraph (d) to read as
3 follows:
4 (d) Any such local law may be amended to provide that an individual
5 who is owner occupant of a one, two, three, four or five family home
6 shall be entitled to subtract from his or her federal adjusted gross
7 income the expenses of providing security for his or her home including
8 exterior lighting, burglar and fire alarms and such other security
9 expenses as shall be allowable pursuant to the provisions of such local
10 law.
11 § 2. This act shall take effect on the first of January next succeed-
12 ing the date on which it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD07114-01-1
