S 20 New York Senate · 2021 Regular Session

Grants a state personal income tax deduction for retirement plan distributions used to purchase long-term care insurance

Summary
Grants a state personal income tax deduction for retirement plan distributions used to purchase long-term care insurance; exempts distributions from individual retirement accounts and individual retirement annuities from state personal income taxation when such distributions are used to purchase long-term health care insurance.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 6, 2021 Last action Jan 5, 2022
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO BUDGET AND REVENUE
upper
Jan 6, 2021
Committee
REFERRED TO BUDGET AND REVENUE
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Shelley Mayer
Shelley Mayer
DDemocratic/Working Families
NY
37