Provides for a personal income tax deduction, once every three years up to six hundred dollars, for the testing of potable well water by a certified laboratory.
Summary
Bill S03506 proposes an amendment to the New York tax law that allows property owners to claim a personal income tax deduction for expenses incurred in testing potable well water. The deduction is capped at six hundred dollars and can be claimed once every three years. Testing must be conducted by a state-certified laboratory, which is required to inform the property owner if the water sample exceeds safety standards set by the Department of Health. The bill aims to encourage property owners to ensure the safety of their drinking water, thereby promoting public health.
Impact
If enacted, this bill would modify the state tax code to include a specific deduction related to well water testing, impacting property owners who rely on well water for drinking. It would create a financial incentive for these owners to regularly test their water, potentially leading to improved public health outcomes. The bill aligns with existing public health laws and federal regulations regarding safe drinking water, reinforcing the state's commitment to ensuring the safety of its residents' drinking water.
Sentiment
The sentiment surrounding Bill S03506 appears to be generally positive, as it addresses public health concerns related to drinking water safety. However, there may be some concerns regarding the administrative burden on property owners to comply with the testing and reporting requirements, as well as the potential costs associated with the initial testing.
Contention
Notable points of contention may arise from the requirement that testing must be conducted by a state-certified laboratory, which could limit options for property owners and raise costs. Additionally, the once-every-three-years limitation on claiming the deduction may be seen as insufficient by some advocates for public health, who argue that more frequent testing could be necessary in areas with known water quality issues.
Same As
Provides for a personal income tax deduction, once every three years up to six hundred dollars, for the testing of potable well water by a certified laboratory.
Provides for a personal income tax deduction, once every three years up to six hundred dollars, for the testing of potable well water by a certified laboratory.
Provides for a personal income tax deduction, once every three years up to six hundred dollars, for the testing of potable well water by a certified laboratory.
Provides gross income tax deductions for membership fees, dam project assessments, and potable water system project assessments paid to lake associations.
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