Establishes a personal income tax credit for certain tolls paid by a taxpayer

Summary

The bill gives New York residents who regularly commute to work a tax credit of up to $1,000 per year, or $2,000 for married couples filing jointly. To qualify, a taxpayer must pay tolls at least three times a week for at least 45 weeks in the taxable year. The credit is applied against the taxpayer’s state income tax liability.

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