STATE OF NEW YORK ________________________________________________________________________ 191--A 2017-2018 Regular Sessions IN SENATE (Prefiled) January 4, 2017 ___________ Introduced by Sens. MARCHIONE, GALLIVAN, HELMING, LITTLE, RANZENHOFER, RITCHIE, SEWARD, TEDISCO -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations -- recommitted to the Committee on Investigations and Government Operations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to providing a tax credit for the cost of purchasing a gun safe The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 606 of the tax law is amended by adding a new 2 subsection (ccc) to read as follows: 3 (ccc) Home defense tax credit. A resident taxpayer who purchases a gun 4 safe on or after January fifteenth, two thousand thirteen shall be 5 allowed a credit against the tax otherwise imposed under this article in 6 an amount equal to one-half of the cost of such gun safe up to a maximum 7 of five hundred dollars. As used in this subsection, "gun safe" means a 8 cabinet of metal or other sufficiently durable material equipped with a 9 key or combination lock designed to securely store rifles, shotguns or 10 handguns. 11 § 2. This act shall take effect immediately and shall apply to taxable 12 years beginning on or after January 1, 2018. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02972-02-8