· NY legislature · 2025-2026

Establishes a deferred compensation health insurance premium deduction

Establishes a tax deduction for a taxpayer who is a beneficiary of a deferred compensation plan and who elects to make a distribution of such deferred compensation in order to pay for qualified health insurance premiums, in an amount equal to six thousand dollars.

Sponsor

Robert Smullen (R-NY)

Introduced

2025-01-14

Policy area

Taxation

Latest action

REFERRED TO WAYS AND MEANS