|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 06, 2010||referred to investigations and government operations|
|Jan 07, 2009||referred to investigations and government operations|
senate Bill S235
Archive: Last Bill Status - In Senate Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S235 - Details
- See Assembly Version of this Bill:
- Law Section:
- Tax Law
S235 - Sponsor Memo
BILL NUMBER: S235 TITLE OF BILL : An act to amend the tax law, in relation to a residential housing down payment credit against the tax on personal income PURPOSE : Relates to a residential housing down payment credit. SUMMARY OF PROVISIONS : Section 606 of the tax law is amended by adding a new subsection (r-I). JUSTIFICATION : It is the goal of this legislation to increase housing opportunities for individuals across the State. This bill would provide homebuyers with an opportunity to receive a credit against the personal income tax for any down payment made on the purchase of a principal residence located within New York State. Any tax credit not used in the taxable year in which the residence was purchased may be carried forward until the full credit has been allowed.
S235 - Bill Text download pdf
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