A02371 Summary:

BILL NOA02371
 
SAME ASNo Same As
 
SPONSORWeprin
 
COSPNSR
 
MLTSPNSR
 
Amd §612, Tax L
 
Creates a tax deduction up to five thousand dollars for transportation and personal protective equipment expenses of health care professionals and emergency medical technicians relating to the COVID-19 declared emergency.
Go to top    

A02371 Actions:

BILL NOA02371
 
01/25/2023referred to ways and means
01/03/2024referred to ways and means
Go to top

A02371 Committee Votes:

Go to top

A02371 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A2371
 
SPONSOR: Weprin
  TITLE OF BILL: An act to amend the tax law, in relation to authorizing a personal income tax deduction for unreimbursed transportation or personal protec- tive equipment expenses for health care professionals and emergency medical technicians related to the COVID-19 declared emergency   PURPOSE: To authorize a personal income tax deduction for medical professionals on the front lines of the COVID-19 pandemic for expenses related to transportation or the purchase of personal protective equipment.   SUMMARY OF PROVISIONS: Section 1 of this bill adds a new paragraph 43 to subsection (c) of section 612 of the tax law to authorize a personal income tax deduction for health care professionals licensed, registered, or certified pursu- ant to title 8 of the education law and certified first responders, emergency medical technicians, or advanced emergency medical techni- cians. The bill would authorize these professionals to deduct up to $5,000 in expenses for transportation or personal protective equipment related to the COVID-19 declared emergency. Section 2 Provides that the bill shall take effect immediately and apply to the 2020 taxable year.   JUSTIFICATION: As New York's heroic medical professionals put their lives on the line to combat the COVID-19 pandemic and care for affected patients, many of them are facing shortages of vital personal protective equipment (PPE) needed to reduce their risk of contracting the virus. Our state govern- ment is using every resource at its disposal to procure more resources for them during this critical time period, but if they are able to secure protective equipment using their own resources, the state should reduce their tax liability accordingly, as this equipment is crucial for the continued performance of their important duties. This legislation would authorize a tax deduction for up to $5,000 in expenses for the purchase of personal protective equipment and for transportation expenses related to the COVID-19' pandemic. Our health. care professionals deserve our utmost support in this difficult time, and taking this step would, ease some of the financial stress they are facing as they try to protect themselves and show up to work every day.   LEGISLATIVE HISTORY: New bill   FISCAL IMPLICATIONS: To be determined   EFFECTIVE DATE: This act shall take effect immediately and shall apply to the 2020 taxa- ble year.
Go to top