Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 02, 2016 |
print number 3631b |
Feb 02, 2016 |
amend (t) and recommit to investigations and government operations |
Jan 06, 2016 |
referred to investigations and government operations |
May 29, 2015 |
print number 3631a |
May 29, 2015 |
amend (t) and recommit to finance |
May 19, 2015 |
reported and committed to finance |
Feb 13, 2015 |
referred to investigations and government operations |
Senate Bill S3631B
2015-2016 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
(D) Senate District
(R, C, IP) Senate District
2015-S3631 - Details
2015-S3631 - Sponsor Memo
BILL NUMBER:S3631 Revised 03/02/15 TITLE OF BILL: An act to amend the tax law, in relation to increasing the maximum award available under the historic preservation tax credit; and providing for the repeal of such provisions upon expiration thereof PURPOSE: To increase the maximum award under the historic preservation tax cap to $7 million in SFY 2018-19, $9 million in SFY 2019-20, and $12 million for SFY 2020-21. SUMMARY OF SPECIFIC PROVISIONS: Section 1 amends the Tax Law to increase the maximum award under the Historic Preservation Tax Cap to $7 million in SFY 2018-19, $9 million in SFY 2019-20, and $12 million for SFY 2020-21. Section 2 amends the Tax Law to increase the maximum award under the Historic Preservation Tax Cap to $7 million in SFY 2018-19, $9 million in SFY 2019-20, and $12 million for SFY 2020-21. Section 3 amends the Tax Law to increase the maximum award under the Historic Preservation Tax Cap to $7 million in SFY 2018-19, $9 million
2015-S3631 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3631 2015-2016 Regular Sessions I N S E N A T E February 13, 2015 ___________ Introduced by Sen. RANZENHOFER -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations AN ACT to amend the tax law, in relation to increasing the maximum award available under the historic preservation tax credit; and providing for the repeal of such provisions upon expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (A) of paragraph 1 of subsection (oo) of section 606 of the tax law, as amended by section 1 of part F of chapter 59 of the laws of 2013, is amended to read as follows: (A) For taxable years beginning on or after January first, two thou- sand ten and before January first, two thousand twenty, a taxpayer shall be allowed a credit as hereinafter provided, against the tax imposed by this article, in an amount equal to one hundred percent of the amount of credit allowed the taxpayer with respect to a certified historic struc- ture under subsection (a) (2) of section 47 of the federal internal revenue code with respect to a certified historic structure located within the state. Provided, however, the credit shall not exceed [five] SEVEN million dollars IN STATE FISCAL YEAR TWO THOUSAND EIGHTEEN--TWO THOUSAND NINETEEN, NINE MILLION DOLLARS IN STATE FISCAL YEAR TWO THOU- SAND NINETEEN--TWO THOUSAND TWENTY AND TWELVE MILLION DOLLARS IN STATE FISCAL YEAR TWO THOUSAND TWENTY--TWO THOUSAND TWENTY-ONE. For taxable years beginning on or after January first, two thousand twenty, a taxpayer shall be allowed a credit as hereinafter provided, against the tax imposed by this article, in an amount equal to thirty percent of the amount of credit allowed the taxpayer with respect to a certified historic structure under subsection (a)(2) of section 47 of the federal internal revenue code with respect to a certified historic structure located within the state; provided, however, the credit shall not exceed one hundred thousand dollars. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02818-02-5
co-Sponsors
(D) Senate District
(R, C, IP) Senate District
2015-S3631A - Details
2015-S3631A - Sponsor Memo
BILL NUMBER:S3631A PURPOSE: To increase the maximum award under the historic preservation tax cap to $7 million in calendar 2017, $9 million in calendar 2018, and $12 million for calendar 2019. SUMMARY OF SPECIFIC PROVISIONS: Section 1 - amends the Tax Law section 606 (A)1(oo) to increase the maximum award under the Historic Preservation Tax Cap to $7 million in calendar 2017, $9 million in calendar 2018, and $12 million for calendar 2019. Section 2 - amends the Tax Law section 210-a 26a(i) to increase the maximum award under the Historic Preservation Tax Cap to $7 million in calendar 2017, $9 million in calendar 2018, and $12 million for calendar 2019. Section 3 - amends the Tax Law section 1.511 (y)1(A) to increase the maximum award under the Historic Preservation Tax Cap to $7 million in SFY 2018-19, $9 million in SFY 2019-20, and $12 million for SFY 2020-21. Section 4 - is the effective date.
2015-S3631A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3631--A 2015-2016 Regular Sessions I N S E N A T E February 13, 2015 ___________ Introduced by Sens. RANZENHOFER, CARLUCCI, FUNKE -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations -- reported favorably from said committee and committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to increasing the maximum award available under the historic preservation tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (A) of paragraph 1 of subsection (oo) of section 606 of the tax law, as amended by section 1 of part F of chapter 59 of the laws of 2013, is amended to read as follows: (A) For taxable years beginning on or after January first, two thou- sand ten and before January first, two thousand twenty, a taxpayer shall be allowed a credit as hereinafter provided, against the tax imposed by this article, in an amount equal to one hundred percent of the amount of credit allowed the taxpayer with respect to a certified historic struc- ture under subsection (a) (2) of section 47 of the federal internal revenue code with respect to a certified historic structure located within the state. Provided, however, the credit shall not exceed five million dollars FOR TAXABLE YEARS ENDING BEFORE JANUARY FIRST, TWO THOU- SAND SEVENTEEN, SEVEN MILLION DOLLARS FOR THE TWO THOUSAND SEVENTEEN TAXABLE YEAR, NINE MILLION DOLLARS FOR THE TWO THOUSAND EIGHTEEN TAXABLE YEAR, AND TWELVE MILLION DOLLARS FOR THE TWO THOUSAND NINETEEN TAXABLE YEAR. For taxable years beginning on or after January first, two thou- sand twenty, a taxpayer shall be allowed a credit as hereinafter provided, against the tax imposed by this article, in an amount equal to thirty percent of the amount of credit allowed the taxpayer with respect to a certified historic structure under subsection (a)(2) of section 47 of the federal internal revenue code with respect to a certified histor- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02818-03-5
co-Sponsors
(D) Senate District
(R, C, IP) Senate District
2015-S3631B (ACTIVE) - Details
2015-S3631B (ACTIVE) - Sponsor Memo
BILL NUMBER: S3631B TITLE OF BILL : An act to amend the tax law, in relation to increasing the maximum award available under the historic preservation tax credit; and providing for the repeal of such provisions upon expiration thereof PURPOSE : To increase the maximum award under the historic preservation tax cap to $7 million in SFY 2018-19, $9 million in SFY 2019-20, and $12 million for SFY 2020-21. SUMMARY OF SPECIFIC PROVISIONS : Section 1 - amends the Tax Law section 606 (A)1(oo) to increase the maximum award under the Historic Preservation Tax Cap to $7 million in SFY 2018-19, $9 million in SFY 2019-20, and $12 million for SFY 2020-21. Section 2 - amends the Tax Law section 210-a 26a(i) to increase the maximum award under the Historic Preservation Tax Cap to $7 million in SFY 2018-19, $9 million in SFY 2019-20, and $12 million for SFY 2020-21.
2015-S3631B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3631--B 2015-2016 Regular Sessions I N S E N A T E February 13, 2015 ___________ Introduced by Sens. RANZENHOFER, CARLUCCI, FUNKE -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations -- reported favorably from said committee and committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- 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 increasing the maximum award available under the historic preservation tax credit; and providing for the repeal of such provisions upon expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (A) of paragraph 1 of subsection (oo) of section 606 of the tax law, as amended by section 1 of part F of chapter 59 of the laws of 2013, is amended to read as follows: (A) For taxable years beginning on or after January first, two thou- sand ten and before January first, two thousand twenty, a taxpayer shall be allowed a credit as hereinafter provided, against the tax imposed by this article, in an amount equal to one hundred percent of the amount of credit allowed the taxpayer with respect to a certified historic struc- ture under subsection (a) (2) of section 47 of the federal internal revenue code with respect to a certified historic structure located within the state. Provided, however, the credit shall not exceed [five] SEVEN million dollars IN STATE FISCAL YEAR TWO THOUSAND EIGHTEEN--TWO THOUSAND NINETEEN, NINE MILLION DOLLARS IN STATE FISCAL YEAR TWO THOU- SAND NINETEEN--TWO THOUSAND TWENTY AND TWELVE MILLION DOLLARS IN STATE FISCAL YEAR TWO THOUSAND TWENTY--TWO THOUSAND TWENTY-ONE. For taxable years beginning on or after January first, two thousand twenty, a taxpayer shall be allowed a credit as hereinafter provided, against the EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02818-05-6
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