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Sponsors
1 Co-sponsor
History
- Print number 5289b
- Amend and recommit to finance
- Reported and committed to finance
- Print number 5289a
- Amend and recommit to investigations and government operations
- Referred to investigations and government operations
- Returned to senate
- Died in assembly
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 62–0
- Ordered to third reading cal.1286
Show 2 earlier actions
- Committee discharged and committed to rules
- Referred to investigations and government operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Provides for a personal income tax deduction for school supplies paid for out-of-pocket by K-12 teachers in public and nonpublic schools, up to $450 per year
In Assembly Committee · Ways And Means · Sponsor William Colton
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5289B
Title of bill
An act to amend the tax law, in relation to authorizing a personal income tax deduction for elementary and secondary school teachers for certain expenses incurred for school supplies
Purpose
To provide a personal income tax deduction for school supplies paid for out of-pocket by K-12 teachers in public and non-public schools, up to $450 a year.
Summary of provisions
Section 1. Subsection c of section 612 of the tax law is amended by adding a new paragraph 39. Section 2. This act shall take effect immediately and shall apply to taxable year beginning on and after January 1, 2012.
Justification
Although a federal tax deduction exists for teacher's out-of-pocket school supplies expenses of up to $250, it simply is not enough. According to a survey by Quality Education Data, a market research firm, teachers spent an average of $521 of their own money on supplies in 2001, and an average of $448 in 1999. According to a 2001 survey by the National School Supply and Equipment Association, teachers paid an average of $589 a year. This legislation will provide teachers much-needed relief from these out-of-pocket costs.
LEGISLATIVE HISTORY:; 2011: S.5289 Passed Senate/A.2567 - Referred to Ways & Means 2010: S.727 Reported to Finance/A.8274 - Referred to Ways & Means 2009: S.727 Reported to Finance/A.8274 - Referred to Ways & Means 2008: S.6792 Passed Senate/A.1312 - Referred to Ways & Means 2007: A.1312 Referred to Ways & Means 2006: A.1029 Referred to Ways & Means 2005: A.1029 Referred to Ways & Means
Fiscal implications
The Department of Taxation and Finance estimates that the bill would result in a $1 million revenue loss during SFY 2012-13 and $3·9 million annually thereafter if the existing Federal deduction is extended beyond December 31, 2011. Alternatively, if the Federal deduction is not extended, the bill would result in a $1.7 million revenue loss during SFY 2012-13 and $6.9 million thereafter.
Effective date
Immediately and shall apply to taxable year beginning on and after January 1, 2012.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.