A 1171: Provides for a tax deduction for the adoption of a child with special needs of an amount equal to $10,000.

  
  STATE OF NEW YORK ________________________________________________________________________ 1171 2025-2026 Regular Sessions  IN ASSEMBLY January 9, 2025 ___________ Introduced by M. of A. SIMON, SHIMSKY, COLTON, JACOBSON, SAYEGH, MORI- NELLO, BRABENEC, DeSTEFANO, BENDETT, SLATER, TAGUE -- Multi-Sponsored by -- M. of A. BICHOTTE HERMELYN, WILLIAMS -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to establishing a tax deduction for the adoption of a child with special needs The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subsection (d) of section 615 of the tax law is amended by 2 adding a new paragraph 6 to read as follows: 3 (6) an amount equal to ten thousand dollars for the adoption of a 4 child with special needs. The amount allowed by this paragraph may be 5 used by a taxpayer to increase such taxpayer's deduction in each year 6 that the taxpayer is the legal parent of a child with special needs. 7 For purposes of this paragraph, a child with special needs shall mean 8 any child who is under the age of twenty-one and who possesses a specif- 9 ic physical, mental, or emotional condition or disability of such sever- 10 ity or kind that, in the opinion of the office of children and family 11 services, would constitute a significant obstacle to the child's 12 adoption. 13 § 2. This act shall take effect immediately and shall apply to taxable 14 years commencing on and after January 1, 2025. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02588-01-5