Relates to excise tax on telecommunication services (Part A); relates to temporary municipal assistance sales and compensating use taxes for cities of one million or more on telecommunication services (Part B).
Gives state income tax credit to volunteer firefighters and members of a volunteer ambulance corps in good standing up to $2500; must be in good standing for a minimum of five years and maintain continued eligibility.
Excludes from personal income taxation moneys paid by a taxpayer over the age of sixty-five for prescription drugs whose New York adjusted gross income is below or equal to $60,000.
Relates to calculation of the earned income credit.
Enacts Retain-NY by implementing tuition tax credits and increasing the amount of an allowable deduction.
Relates to calculation of the personal income tax.
Establishes Work-NY by implementing tax credits for various businesses based on hiring and investments.
Relates to compensation of certain district attorneys; requires the state to reimburse the counties for the entire cost of any increase in the annual salary of a district attorney due to an increase in the annual salary of a justice of the supreme court or a county judge; appropriates $1,600,000 therefor.
Relates to modifications increasing federalized itemized deductions for removing underground home heating oil storage tanks; such deduction shall be limited to one thousand dollars in any one year.
Appropriates $10,000,000 for services and expenses of the office of mental health and eligible providers providing mental health care to uninsured and indigent individuals.
