New York A06853 establishes an income tax credit for teachers' unreimbursed expenditures on classroom supplies.

New York A06853 amends the tax law to create a credit against income tax for teachers' unreimbursed expenditures on qualified classroom or teaching supplies. This includes classroom books, instructional materials, equipment, notebooks, writing utensils, paper, teaching materials, and field trip costs. The credit is capped at $500 annually and applies to taxable years beginning on or after January 1, 2027.

New York A06853 establishes an income tax credit for teachers' unreimbursed expenditures on classroom supplies.

New York A06853 amends the tax law to create a credit against income tax for teachers' unreimbursed expenditures on qualified classroom or teaching supplies. This includes classroom books, instructional materials, equipment, notebooks, writing utensils, paper, teaching materials, and field trip costs. The credit is capped at $500 annually and applies to taxable years beginning on or after January 1, 2027.