•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

A06811 Summary:

BILL NOA06811
 
SAME ASNo Same As
 
SPONSORGriffin
 
COSPNSR
 
MLTSPNSR
 
Amd §§210-B, 606 & 1511, Tax L
 
Increases the amount of a tax credit for the purchase of automated external defibrillators from five hundred dollars to one thousand dollars.
Go to top    

A06811 Actions:

BILL NOA06811
 
03/14/2025referred to ways and means
Go to top

A06811 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A6811
 
SPONSOR: Griffin
  TITLE OF BILL: An act to amend the tax law, in relation to increasing the amount of a tax credit for automated external defibrillators   PURPOSE OR GENERAL IDEA OF BILL: To encourage businesses to purchase automated external defibrillators by increasing the tax credit for the purchase of such a unit.   SUMMARY OF PROVISIONS: This bill amends subdivision 13 of'section 210-B of the tax law, as added by 2 section 17 of part A of chapter 59 of the laws of 2014   JUSTIFICATION: Heart attacks are one of the nation's leading causes of death. Approxi- mately 250,000 people die from sudden cardiac arrest every year. Every minute that passes without defibrillation reduces a victim's chance of survival by 10%. The key to survival is the speed of the response. . Automated external defibrillators (AED)greatly increase a heart attack victim's chance of survival. The American Heart Association estimates that as many as 100,000 deaths could be prevented each year through the widespread deployment of defibrillators. Seconds are critical when an individual suffers a heart attack. It is essential that the State encourage businesses to invest in life saving equipment. Increasing the tax credit would motivate businesses to purchase auto- mated external defibrillators. In recent years the Legislature has enacted laws to expand the availability of automated external defibril- lators. This legislation would increase that tax credit to $1,000 in order to encourage more businesses to purchase a lifesaving defibrilla- tor.   PRIOR LEGISLATIVE HISTORY: A4126 of 2023-2024:Referred to Ways and Means   FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: To be determined.   EFFECTIVE DATE: This act shall take effect immediately and shall apply to taxable years beginning on and after January 1, 2026.
Go to top

A06811 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6811
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 14, 2025
                                       ___________
 
        Introduced  by M. of A. GRIFFIN -- read once and referred to the Commit-
          tee on Ways and Means
 
        AN ACT to amend the tax law, in relation to increasing the amount  of  a
          tax credit for automated external defibrillators
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision 13 of section 210-B of the tax law, as added by
     2  section 17 of part A of chapter 59 of the laws of 2014,  is  amended  to
     3  read as follows:
     4    13.  Credit  for  purchase  of  an automated external defibrillator. A
     5  taxpayer shall be allowed  a  credit,  to  be  computed  as  hereinafter
     6  provided,  against  the  tax  imposed by this article, for the purchase,
     7  other than for resale, of an automated external defibrillator,  as  such
     8  term  is  defined  in section three thousand-b of the public health law.
     9  The amount of credit shall be the cost  to  the  taxpayer  of  automated
    10  external  defibrillators  purchased during the taxable year, such credit
    11  not to exceed [five hundred] one thousand dollars with respect  to  each
    12  unit purchased.  The credit allowed under this subdivision for any taxa-
    13  ble  year  shall  not  reduce the tax due for such year to less than the
    14  fixed dollar minimum amount prescribed in paragraph (d)  of  subdivision
    15  one of section two hundred ten of this [chapter] article.
    16    § 2. Subsection (s) of section 606 of the tax law, as added by section
    17  3  of  part  J of chapter 407 of the laws of 1999, is amended to read as
    18  follows:
    19    (s) Credit for purchase of  an  automated  external  defibrillator.  A
    20  taxpayer  shall be allowed a credit as hereinafter provided, against the
    21  tax imposed by this article for the purchase, other than for resale,  of
    22  an  automated external defibrillator, as such term is defined in section
    23  three thousand-b of the public health law. The amount of credit shall be
    24  the cost to the taxpayer of automated external defibrillators  purchased

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07977-01-5

        A. 6811                             2
 
     1  during  the  taxable  year, such credit not to exceed [five hundred] one
     2  thousand dollars with respect to each unit purchased.
     3    §  3.  Subdivision  (l)  of section 1511 of the tax law, as amended by
     4  section 15 of part H3 of chapter 62 of the laws of 2003, is  amended  to
     5  read as follows:
     6    (l)  Credit  for  purchase  of  an automated external defibrillator. A
     7  taxpayer shall be allowed a credit as hereinafter provided, against  the
     8  tax  imposed by this article for the purchase, other than for resale, of
     9  an automated external defibrillator, as such term is defined in  section
    10  three  thousand-b  of  the  public  health law. The amount of the credit
    11  shall be the cost to the taxpayer of automated  external  defibrillators
    12  purchased  during  the  taxable  year,  such  credit not to exceed [five
    13  hundred] one thousand dollars with respect to each unit  purchased.  The
    14  credit  allowed  under  this  subdivision for any taxable year shall not
    15  reduce the tax due for such year to less than the minimum tax  fixed  by
    16  paragraph four of subdivision (a) of section fifteen hundred two of this
    17  article  or  by section fifteen hundred two-a of this article, whichever
    18  is applicable.
    19    § 4. This act shall take effect immediately and shall apply to taxable
    20  years beginning on and after January 1, 2026.
Go to top