What's happening
This bill creates a tax credit for New York residents who purchase and install wheelchair ramps, lifts, or similar equipment at home.
Why it matters
Reduces out-of-pocket costs for accessibility upgrades. By covering 50% of the purchase and installation costs for specified equipment, the credit can make home modifications more affordable for people with mobility needs and their families.
Expands the definition of eligible equipment. The bill specifies not just wheelchair ramps, but also stair lifts, platform lifts, and bathtub lifts, broadening the range of accessibility solutions that qualify for financial support.
Provides a refundable benefit. If the credit exceeds the taxpayer’s total tax liability, the excess is treated as an overpayment and refunded—ensuring that even those with low or no tax liability can benefit from the credit.
May encourage earlier or more comprehensive accessibility modifications. By reducing financial barriers, the bill could prompt more New Yorkers to invest in home adaptations sooner, potentially improving safety, independence, and quality of life for people with disabilities.
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Tax Credit for Ramps
Plain English, a few words. Used as the page title.
Sponsors
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History
- Referred to ways and means
- Referred to ways and means
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.
Tax Credit for Ramps
In Senate Committee · Investigations And Government Operations · Sponsor Joseph A. Griffo
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
5418
2017-2018 Regular Sessions
IN ASSEMBLY
February 8, 2017
Introduced by M. of A. WEPRIN -- read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to providing tax credits for installing wheelchair ramps and stair lifts into a residence
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 606 of the tax law is amended by adding a new subsection (ccc) to read as follows:
(ccc) Credit for durable medical equipment. (1)(A) A taxpayer shall be allowed a credit against the tax imposed by this article in an amount equal to fifty percent of the cost to purchase and install durable medical equipment in a residence.
(B) For purposes of this subsection, "durable medical equipment" shall mean a wheelchair ramp, stair lift, incline platform lift, vertical platform lift, or bathtub lift.
(2) Application of credit. If the amount of the credit allowed under this subsection for any taxable year exceeds the taxpayer's tax for such year, the excess will be treated as an overpayment of tax to be credited or refunded in accordance with the provisions of section six hundred eighty-six of this article, provided, however, that no interest will be paid thereon.
§ 2. This act shall take effect on January first next succeeding the date on which it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05668-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.