S 2329 New York Senate · 2023 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 2023
Committee Review
Floor Vote
Governor
Introduced Jan 19, 2023 Last action Jan 3, 2024
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 3, 2024
Committee
REFERRED TO BUDGET AND REVENUE
upper
Jan 19, 2023
Committee
REFERRED TO BUDGET AND REVENUE
upper
1 primary · 4 co-sponsors

Sponsors