STATE OF NEW YORK
        ________________________________________________________________________

                                          2094

                               2021-2022 Regular Sessions

                    IN SENATE

                                    January 19, 2021
                                       ___________

        Introduced  by  Sen.  JORDAN -- 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 providing a tax  credit  for
          the purchase of items relating to firearm safety

          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 (kkk) to read as follows:
     3    (kkk)  A  taxpayer  shall be allowed a credit as hereinafter provided,
     4  against the tax imposed by this article for the purchase, other than for
     5  resale, of gun safes or vaults, firearm safety locks, trigger  locks  or
     6  other  items  designed  to  ensure  the  safe  handling  and  storage of
     7  firearms. The amount of credit shall be equal to twenty-five percent  of
     8  the  cost  to  the taxpayer of the purchase of such firearm safety items
     9  during the taxable year, such credit not to exceed five hundred  dollars
    10  per year.
    11    § 2. This act shall take effect immediately and shall apply to taxable
    12  years beginning on and after January 1, 2023.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01342-01-1