S T A T E   O F   N E W   Y O R K
________________________________________________________________________
                                  11688
                          I N  A S S E M B L Y
                             August 11, 2010
                               ___________
Introduced  by  COMMITTEE  ON  RULES -- (at request of M. of A. Hoyt) --
  read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to  the  tax  credits  for  the
  rehabilitation of historic properties
  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
  Section 1. Paragraph (a) of subdivision 3 of section  33  of  the  tax
law,  as  added  by section 1 of part Y of a chapter of the laws of 2010
amending the tax law relating to the  deferral  of  use  or  payment  of
certain  tax  credits,  as proposed in legislative bill numbers S.6610-C
and A.9710-D, is amended to read as follows:
  (a) This section shall apply to the credits allowed under the  follow-
ing provisions in article [nine-a] NINE-A of this chapter and any appli-
cable  counterpart  provisions  in articles nine, twenty-two, thirty-two
and thirty-three of this chapter:
  Section 210(12) investment tax credit
  Section 210(12-B) empire zone investment tax credit
  Section 210(12-C) empire zone employment incentive credit
  Section 210(12-D) employment incentive credit
  Section 210(12-E) QETC employment credit
  Section 210(12-F) QETC capital tax credit
  Section 210(12-G) QETC facilities, operations, and training credit
  Section 210(17) special additional mortgage recording tax credit
  Section 210(19) empire zone wage tax credit
  Section 210(20) empire zone capital tax credit
  Section 210(21-a) credit for servicing certain mortgages
  Section 210(23) credit for employment of persons with disabilities
  Section 210(24) alternative fuels credit
  Section 210(25) credit for purchase of an automated external defibril-
lator
  Section 210(27) QEZE credit for real property taxes
  Section 210(28) QEZE tax reduction credit
  Section 210(30) low income housing credit
  Section 210(31) green building credit
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              
             
                          
                                                                           LBD18034-01-0
A. 11688                            2
  Section 210(33) brownfield redevelopment tax credit
  Section  210(34)  remediated brownfield credit for real property taxes
for qualified sites
  Section 210(35) environmental remediation insurance credit
  Section 210(37) security training tax credit
  Section 210(37) credit for fuel  cell  electric  generating  equipment
expenditures
  Section 210(38) conservation easement tax credit
  Section 210(38) empire state commercial production credit
  Section 210(38) biofuel production credit
  Section 210(39) clean heating fuel credit
  [Section 210(40) credit for rehabilitation of historic properties]
  Section  210(40)  credit  for  companies who provide transportation to
individuals with disabilities
  S 2. This act shall take effect on the  same  date  and  in  the  same
manner  as  part Y of a chapter of the laws of 2010 amending the tax law
relating to the deferral of use or payment of certain  tax  credits,  as
proposed  in  legislative  bill  numbers  S.6610-C  and  A.9710-D, takes
effect.