New York bill A04563 proposes a $500 tax credit for full-time nurses and nursing educators starting January 1, 2026.

New York bill A04563 amends the tax law to introduce a $500 credit against income tax for full-time nurses and nursing educators. This credit applies to nurses who work full-time for at least six months and those teaching nursing at institutions of higher education for the same duration. The credit is effective starting January 1, 2026. If the credit exceeds the taxpayer's tax liability, the excess will be treated as an overpayment without interest.

New York bill A04563 proposes a $500 tax credit for full-time nurses and nursing educators starting January 1, 2026.

New York bill A04563 amends the tax law to introduce a $500 credit against income tax for full-time nurses and nursing educators. This credit applies to nurses who work full-time for at least six months and those teaching nursing at institutions of higher education for the same duration. The credit is effective starting January 1, 2026. If the credit exceeds the taxpayer's tax liability, the excess will be treated as an overpayment without interest.