What's happening
This bill creates a tax credit for individuals to offset costs of replacing personal property damaged by bedbug infestations.
Why it matters
Direct financial relief for individuals. The bill provides a tax credit specifically aimed at helping people recover some of the costs incurred when replacing personal items (like furniture and rugs) ruined by bedbug infestations, which can be unexpectedly expensive and are often not covered by renters’ or homeowners’ insurance.
Targeted support for vulnerable populations. Bedbug infestations disproportionately affect renters, low-income residents, and those in multi-unit housing. This credit could ease the financial burden on individuals who may have limited means to replace essential household items after an infestation.
Potential incentive for reporting and remediation. By offering a credit, the bill may encourage more people to report infestations and replace affected items, supporting broader public health and housing quality efforts to control bedbug problems in communities.
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Tax Credit for Bedbug Losses
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to investigations and government operations
- 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.
Tax Credit for Bedbug Losses
In Assembly Committee · Ways And Means · Sponsor Linda Rosenthal
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
2342
2017-2018 Regular Sessions
IN SENATE
January 13, 2017
Introduced by Sen. ALCANTARA -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations
AN ACT to amend the tax law, in relation to establishing a tax credit for personal property replacement as a result of bedbug infestation
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) Personal property replacement credit. (1) General. An individual taxpayer shall be allowed a credit against the tax imposed by this article equal to fifteen percent of qualified personal property replacement expenditures, and not to exceed seven hundred fifty dollars.
(2) Qualified personal property replacement expenditures. (A) The term "qualified personal property replacement expenditures" means expenditures made for the replacement of personal property due to bedbug damage.
(B) Such qualified expenditures shall include but not be limited to furniture, rugs or other home goods that may be damaged by bedbug infestation.
(C) Such qualified personal property replacement expenditures shall not include interest or other finance charges.
(3) Certification for credit allowance. The commissioner shall determine the procedure for certification for the credit authorized pursuant to this subsection.
§ 2. This act shall take effect immediately and shall apply to taxable years beginning on and after the first of January 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.
LBD04939-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the tax law, in relation to establishing a tax credit for personal property replacement as a result of bedbug infestation
Purpose or general idea of bill
The purpose of this legislation is to offer a 15% tax credit towards the replacement of personal property destroyed by bedbugs up to $750.
Summary of specific provisions
The bill will amend section 606 of the tax law to add subsection uu: 1. Allowing an individual to receive a credit against the personal tax imposed by this article equal to fifteen percent of qualified personal property replacement expenditures and not to exceed $750.
2a. The term "qualified personal property replacement expenditures" means expenditures made for the replacement of personal property due to bedbug damage.
b. Such qualified expenditures shall include but not be limited to furniture, rugs or other home goods that may be damaged by bedbug infestation.
c. Such qualified personal property replacement expenditures shall not include interest or other finance charges.
3. certification for credit allowance. The commissioner shall determine the procedure for certification for the credit authorized pursuant to this subsection.
Justification
The recent bedbug epidemic has brought legitimate suffering to New Yorkers statewide. Victims have contracted bedbugs from neighbors, hotel stays and a variety of other means. In addition to social stigma, the afflicted have experienced economic hardship as a result of the loss of furniture, bedding, clothing and other belongings that must be discarded during the extermination process. Bedbug infestations are not covered by most varieties of renters or homeowners insurance and this bill would offer a modest tax credit to assist affected New Yorkers.
Prior legislative history
2010: S.7065 (Duane), Died in Investigations and Gov't Ops; A.1008 (Rosenthal), Died in Ways and Means. 2015-2016: Referred to investigations and government operations.
Fiscal implications
Undetermined.
Effective date
This act shall take effect immediately and shall apply to taxable years beginning on and after the first of January next succeeding the date on which it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.