New York A05530 establishes a tax credit for pet adoption, up to $350.

New York A05530 amends the tax law to establish a tax credit for pet adoption. This credit applies to the first adoption of a dog or cat from a qualifying pound, shelter, society, or association for the prevention of cruelty to animals. The credit is limited to $350. Taxpayers who have committed violations under certain sections of the agriculture and markets law are not eligible for this credit. The amendment takes effect immediately and applies to taxable years beginning on and after the effective date.

New York A05530 establishes a tax credit for pet adoption, up to $350.

New York A05530 amends the tax law to establish a tax credit for pet adoption. This credit applies to the first adoption of a dog or cat from a qualifying pound, shelter, society, or association for the prevention of cruelty to animals. The credit is limited to $350. Taxpayers who have committed violations under certain sections of the agriculture and markets law are not eligible for this credit. The amendment takes effect immediately and applies to taxable years beginning on and after the effective date.