S 4223: Provides for a tax credit for the adoption of household pets from animal shelters or humane societies.

  
  STATE OF NEW YORK ________________________________________________________________________ 4223 2025-2026 Regular Sessions  IN SENATE February 3, 2025 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue 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 (bbb) to read as follows: 3 (bbb) 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-six 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 pound, duly incorporated profes- 8 sional organization or duly incorporated humane society. The amount of 9 the credit shall be for the actual cost of such adoption, but shall not 10 exceed the maximum credit of one hundred dollars per household pet, for 11 a maximum of three pets per taxable year. 12 (2) Definition. The term "household pet" shall mean any dog, cat or 13 other domesticated animal kept for the primary purpose of companionship 14 that is normally maintained in or near the household of the owner or 15 person who cares for such domesticated animal, provided that keeping 16 such animal is not in violation of any applicable provisions of federal, 17 state or local law. 18 (3) Proof of claim. The commissioner may require a qualified taxpayer 19 to furnish proof of spaying or neutering in support of their claim for 20 credit under this subsection. 21 (4) When credit allowed. The credit provided for in this subsection 22 shall be allowed with respect to the taxable year, commencing after 23 January first, two thousand twenty-six, in which the pet is adopted. 24 § 2. This act shall take effect immediately and shall apply to pet 25 adoptions in taxable years beginning on and after January 1, 2026. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07867-01-5