senate Bill S1814

Requires entities receiving a certain tax exemption to employ New York state residents during the course of a project

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Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 09 / Jan / 2013
    • REFERRED TO LOCAL GOVERNMENT
  • 08 / Jan / 2014
    • REFERRED TO LOCAL GOVERNMENT

Summary

Requires entities receiving a certain tax exemption to utilize New York State residents as at least eighty-five percent of its workforce during the course of a project for which the exemption is claimed.

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Bill Details

See Assembly Version of this Bill:
A7033
Versions:
S1814
Legislative Cycle:
2013-2014
Current Committee:
Senate Local Government
Law Section:
Real Property Tax Law
Laws Affected:
Amd ยง485-b, RPT L
Versions Introduced in Previous Legislative Cycles:
2011-2012: S3009, S3009
2009-2010: S1959, S1959

Sponsor Memo

BILL NUMBER:S1814

TITLE OF BILL:
An act
to amend the real property tax law, in relation to the employment of New
York state residents by entities receiving certain tax breaks

PURPOSE:
The purpose of this bill is to exclude those business entities that
are otherwise eligible to receive the business investment tax
exemption, from receiving such exemption unless eighty-five percent
of their employees reside in New York State. This exclusion may be
waived in circumstances in which suitable employees axe unavailable
in New York State.

SUMMARY OF PROVISIONS:
This bill amends Section 485-B, subdivision (13) of the Real Property
Tax Law by adding a new subdivision (13), which would exclude certain
business entities, which fail to maintain a staff of employees,
eighty-five percent of whom are residents of New York State, from
receiving a business investment tax exemption.

JUSTIFICATION:
In order to promote the employment of workers who reside in New York
State, business entities, which are eligible to receive the business
investment tax exemption, should be required to retain a staff of
which at least eighty-five percent are New York State residents.

LEGISLATIVE HISTORY: New Bill.

FISCAL IMPLICATIONS: None.

EFFECTIVE DATE:
This act shall take effect on the 90th day after becoming law.

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                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1814

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced by Sens. ESPAILLAT, CARLUCCI -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Local Govern-
  ment

AN ACT to amend the real property tax law, in relation to the employment
  of New York state residents by entities receiving certain tax breaks

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 13 of section 485-b of the  real  property  tax
law,  as  renumbered  by  chapter 305 of the laws of 1994, is renumbered
subdivision 14 and a new subdivision 13 is added to read as follows:
  13. (A) ANY ENTITY SHALL NOT BE  ENTITLED  TO  RECEIVE  THE  EXEMPTION
PROVIDED  BY  THIS  SECTION  UNLESS  AT LEAST EIGHTY-FIVE PERCENT OF ITS
EMPLOYEES ARE RESIDENTS OF THIS STATE OR  THE  ENTITY  FALLS  WITHIN  AN
EXCEPTION LISTED IN PARAGRAPH (B) OF THIS SUBDIVISION.
  (B)  AN ENTITY MAY RECEIVE THE EXEMPTION PROVIDED BY THIS SECTION WITH
A WORKFORCE WHERE LESS THAN EIGHTY-FIVE PERCENT  OF  THE  EMPLOYEES  ARE
RESIDENTS OF THIS STATE IF IT CAN SHOW THAT:
  (I)  IT  MADE DILIGENT EFFORTS TO HIRE RESIDENT EMPLOYEES, BUT NO SUCH
EMPLOYEES EXISTED OR WERE QUALIFIED FOR THE EMPLOYMENT POSITION; OR
  (II) THE EMPLOYMENT POSITION REQUIRES  SPECIALIZED  TALENTS  THAT  CAN
ONLY BE FILLED BY INDIVIDUALS WHO HAPPEN TO RESIDE OUTSIDE THIS STATE.
  S  2.  This  act shall take effect on the ninetieth day after it shall
have become a law and shall apply to any exemption claimed on  or  after
such effective date.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04988-01-3

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