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Who cares
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Sponsors
Senator · Senate District 4
1 Co-sponsor
History
- Referred to investigations and government operations
- Referred to investigations and government operations
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4576
Title of bill
An act to amend the tax law, in relation to establishing a tax credit for the adoption of a dog or cat
Purpose or general idea of bill
To grant an individual taxpayer a credit of one hundred dollars for each dog or cat adopted from an animal shelter, for a maximum of three dogs or cats per taxable year.
Summary of specific provisions
Section 1; Amending the tax law.
Subsection 1; A taxpayer shall be allowed a credit for the adoption of a maximum of three dogs or cats per taxable year from a qualifying adoption entity. The amount of the credit shall be one hundred dollars per dog or cat, for a maximum of three dogs or cats per taxable year, provided that keeping such dog or cat is not in violation of any applicable provisions of federal, state or local law.
Subsection 2; The commissioner may require a qualified taxpayer to furnish proof of spaying or neutering.
Subsection 3; The credit provided for in this subsection shall be allowed with respect to the taxable year, commencing after January first, two thousand fifteen, in which the dog or cat is adopted.
Section 2; Effective date.
Justification
Animal shelters in the U.S. care for millions of dogs and cats every year. According to the American Society of Prevention of Cruelty to Animals, fifty percent of unadopted dogs in shelters and seventy percent of unadopted cats in shelters are euthanized each year. Encouraging prospective pet owners to adopt from a qualifying pound, shelter, duly incorporated society for the prevention of cruelty to animals, humane society, dog, cat or other protective or rescue association serves a humane purpose.
The care, housing, and euthanizing of these animals come at a significant cost to the public. Public policy that effectively encourages animal adoption is beneficial to taxpayers. Tax credits for dog and cat adoption is likely to be reinvested into the pet industry.
Prior legislative history
New bill.
Fiscal implications
To be determined
Effective date
This act shall take effect immediately and shall apply to adoptions in taxable years beginning on and after January 1, 2015.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.