STATE OF NEW YORK
________________________________________________________________________
5728
2023-2024 Regular Sessions
IN ASSEMBLY
March 23, 2023
___________
Introduced by M. of A. FORREST -- read once and referred to the Commit-
tee on Ways and Means
AN ACT to amend the tax law, in relation to excluding unemployment
compensation benefits from state income tax
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 47 to read as follows:
3 (47) For each taxable year beginning on and after January first, two
4 thousand twenty-three, the amount of any unemployment compensation
5 received by a taxpayer.
6 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09825-01-3