S2329 (2023-24 session)

NY State bill

Grants a state personal income tax deduction for retirement plan distributions used to purchase long-term care insurance; exempts distributions from individual retirement accounts and individual retirement annuities from state personal income taxation when such distributions are used to purchase long-term health care insurance.

Title
Grants a state personal income tax deduction for retirement plan distributions used to purchase long-term care insurance
Type
New York State Senate bill
Session
2023-24 session
Status
In Senate Committee
Latest action date
2024-01-03
In committee
Budget And Revenue
Introduced
2023-01-19
Law section
Tax Law

Sponsors

Co-sponsors

Heard in committee

Sources