Text of NY S 6637 (2024)

STATE OF NEW YORK ________________________________________________________________________ 6637 2023-2024 Regular Sessions IN SENATE May 3, 2023 ___________ Introduced by Sen. HINCHEY -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law, in relation to establishing a personal income tax credit for certain persons relocating to the state to provide or receive reproductive care or gender-affirming care 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 (ooo) to read as follows: 3 (ooo) Credit for reproductive or gender-affirming care. (1) For taxa- 4 ble years ending on or after December thirty-first, two thousand twen- 5 ty-three and ending before December thirty-first, two thousand thirty- 6 three, each individual taxpayer who (A) is a healthcare provider who, 7 for the purpose of providing reproductive care or gender-affirming care 8 in this state, permanently relocates during the taxable year to this 9 state from a state with more restrictive abortion laws or more restric- 10 tive laws concerning access to gender-affirming care or (B) is a patient 11 or the parent or guardian of a patient who, for the purpose of receiving 12 reproductive care or gender-affirming care in this state, permanently 13 relocates during the taxable year to this state from a state with more 14 restrictive abortion laws or more restrictive laws concerning the access 15 to gender-affirming care is entitled to a credit against the taxes 16 imposed by this article in the amount of five hundred dollars. A taxpay- 17 er described in this subsection who permanently relocates to this state 18 on or after June twenty-fourth, two thousand twenty-two but before Janu- 19 ary first, two thousand twenty-three may claim the credit on his or her 20 individual income tax return for the taxable year ending on December 21 thirty-first, two thousand twenty-three. 22 (2) In no event shall a credit under this subsection reduce the 23 taxpayer's liability to less than zero. If the amount of the credit EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10902-01-3 S. 6637 2 1 exceeds the tax liability for the year, the excess may be refunded to 2 the taxpayer. 3 (3) As used in this subsection, "healthcare provider" means a physi- 4 cian licensed to practice medicine in all of its branches, an advanced 5 practice registered nurse, a registered professional nurse, a licensed 6 practical nurse, a physician assistant, or a pharmacist. 7 § 2. This act shall take effect immediately and shall apply to taxable 8 years beginning on and after January 1, 2023.