New York Assembly Bill A00637 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 637 2025-2026 Regular Sessions  IN ASSEMBLY (Prefiled) January 8, 2025 ___________ Introduced by M. of A. ROSENTHAL -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to establishing a tax credit for the adoption of household pets The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 606 of the tax law is amended by adding a new 2 subsection (qqq) to read as follows: 3 (qqq) Credit for the adoption of household pets. (1) General. An indi- 4 vidual taxpayer shall be allowed a credit for taxable years beginning on 5 or after January first, two thousand twenty-four against the tax imposed 6 by this article for the cost of adopting a maximum of three household 7 pets per taxable year from a qualifying animal shelter. The amount of 8 the credit shall be one hundred dollars per animal or the actual cost of 9 such adoption, whichever is less, for a maximum of three pets per taxa- 10 ble year. 11 (2) Definitions. For the purposes of this subsection: 12 (A) The term "household pet" shall mean any dog, cat or other domesti- 13 cated animal kept for the primary purpose of companionship that is 14 normally maintained in or near the household of the owner or person who 15 cares for such domesticated animal, provided that keeping such animal is 16 not in violation of any applicable provisions of federal, state or local 17 law. 18 (B) The term "qualifying animal shelter" shall mean the following: 19 (i) Any municipal pound or shelter harboring animals pursuant to 20 subdivision one of section one hundred fourteen of the agriculture and 21 markets law; 22 (ii) Any pound, shelter, duly incorporated society for the prevention 23 of cruelty to animals, duly incorporated humane society or duly incorpo- 24 rated animal protective association that operates physical animal shel- EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02160-01-5 
 A. 637 2 1 tering facilities and offers household pets to the public for adoption 2 by way of an established adoption program. Such facilities shall not be 3 co-located on a residential premises; or 4 (iii) Any pound, shelter, duly incorporated society for the prevention 5 of cruelty to animals, duly incorporated humane society or duly incorpo- 6 rated animal protective association located in a city with a population 7 of two million or more that operates physical animal sheltering facili- 8 ties and offers household pets to the public for adoption by way of an 9 established adoption program. Such facilities shall not be co-located on 10 a residential premises. 11 (3) Eligibility. To qualify for the credit prescribed in this 12 subsection, an individual taxpayer must provide proof of animal owner- 13 ship in the form of an adoption agreement from a qualifying animal shel- 14 ter as defined in this subsection, and written proof that such animal 15 was spayed or neutered in accordance with section three hundred seven- 16 ty-seven-a of the agriculture and markets law. 17 (4) When credit allowed. The credit provided for in this subsection 18 shall be allowed with respect to the taxable year, commencing after 19 January first, two thousand twenty-four, in which the pet is adopted. 20 § 2. This act shall take effect immediately and shall apply to pet 21 adoptions in taxable years beginning on and after the first of January 22 next succeeding the date on which it shall have become a law.