New York bill A03493 amends the tax law to include pensions from a defined benefit plan in the exclusion from federal adjusted gross income.

New York bill A03493 proposes an amendment to the state tax law to include pensions from a defined benefit plan in the exclusion from federal adjusted gross income. This change would affect taxpayers who receive pensions from defined benefit plans, potentially reducing their taxable income. The amendment would take effect immediately and apply to taxable years beginning on and after the effective date.

New York bill A03493 amends the tax law to include pensions from a defined benefit plan in the exclusion from federal adjusted gross income.

New York bill A03493 proposes an amendment to the state tax law to include pensions from a defined benefit plan in the exclusion from federal adjusted gross income. This change would affect taxpayers who receive pensions from defined benefit plans, potentially reducing their taxable income. The amendment would take effect immediately and apply to taxable years beginning on and after the effective date.