Establishes a tax credit of up to $5,000 for employers with fewer than 500 employees for purchasing personal protective equipment (PPE).

New York S06120 amends the tax law to establish a tax credit for employers who employ less than 500 people. The credit is for the purchase of personal protective equipment (PPE) for employees, with a maximum credit of $5,000. PPE includes items such as gloves, masks, and face shields. If the credit exceeds the employer's tax for the year, the excess can be carried over to the following year or years. The credit can also be reduced in subsequent years if it was carried over from a prior year.

Establishes a tax credit of up to $5,000 for employers with fewer than 500 employees for purchasing personal protective equipment (PPE).

New York S06120 amends the tax law to establish a tax credit for employers who employ less than 500 people. The credit is for the purchase of personal protective equipment (PPE) for employees, with a maximum credit of $5,000. PPE includes items such as gloves, masks, and face shields. If the credit exceeds the employer's tax for the year, the excess can be carried over to the following year or years. The credit can also be reduced in subsequent years if it was carried over from a prior year.