New York A00637 proposes a tax credit for adopting household pets from animal shelters or humane societies, up to $100 per pet, with a maximum of.
New York A00637 introduces a tax credit for individuals adopting household pets from animal shelters or humane societies. The credit is up to $100 per pet, with a maximum of three pets per taxable year. To qualify, taxpayers must provide proof of pet ownership and spaying or neutering. The credit applies to adoptions starting from January 1, 2024. The bill defines "household pet" as any dog, cat, or other domesticated animal kept for companionship, and "qualifying animal shelter" includes municipal pounds, incorporated societies for the prevention of cruelty to animals, and others meeting.
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