New York S00473 provides a tax credit for the cost of spay or neuter services for cats and dogs.

New York S00473 amends the tax law to establish a tax credit for the cost of spay or neuter services for cats and dogs. The credit is equal to 80% of the actual cost of the service, up to a maximum of $200. This credit applies to services performed during the taxable year beginning on or after January 1, 2025. To claim the credit, taxpayers must provide a receipt from a licensed veterinarian showing the actual cost of the service.

New York S00473 provides a tax credit for the cost of spay or neuter services for cats and dogs.

New York S00473 amends the tax law to establish a tax credit for the cost of spay or neuter services for cats and dogs. The credit is equal to 80% of the actual cost of the service, up to a maximum of $200. This credit applies to services performed during the taxable year beginning on or after January 1, 2025. To claim the credit, taxpayers must provide a receipt from a licensed veterinarian showing the actual cost of the service.