Do you support this bill?

Assembly Bill A5635

2011-2012 Legislative Session

Establishes a corporate franchise tax credit of $1000 per employee for businesses in high traffic congestion areas offering staggered operating hours

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2011-A5635 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Amd ยง210, Tax L
Versions Introduced in 2009-2010 Legislative Session:
A4890

2011-A5635 (ACTIVE) - Summary

Establishes a corporate franchise tax credit of $1000 per full time employee for businesses in high traffic congestion areas which provide a program of staggered operating hours.

2011-A5635 (ACTIVE) - Bill Text download pdf 

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

                                  5635

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            February 24, 2011
                               ___________

Introduced by M. of A. MURRAY -- read once and referred to the Committee
  on Ways and Means

AN ACT to amend the tax law, in relation to establishing corporate fran-
  chise  tax  credit for certain businesses offering employees staggered
  operating hours

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

  Section  1.  Legislative  findings  and intent. The legislature hereby
finds and declares  that  traffic  congestion  in  commercial  districts
contributes  to  numerous  related problems such as excess fuel consump-
tion, added wear and tear on roadways, necessity for  increased  traffic
control, higher incidence of auto accidents and dangers for pedestrians.
Staggered  operating hours for business employees could reduce the prob-
lems of traffic congestion by spreading out the hours within which work-
ers are commuting and business is conducted. As an  incentive  to  busi-
nesses  located  in  traffic  congested  areas  to institute policies of
staggered operating hours,  the  legislature  deems  it  appropriate  to
establish  a  corporate  franchise  tax  credit of $1000.00 per employee
participating in an employer sponsored program  of  staggered  operating
hours.
  S 2. Section 210 of the tax law is amended by adding a new subdivision
14 to read as follows:
  14. STAGGERED OPERATING HOURS CREDIT.(A) A TAXPAYER SHALL BE ALLOWED A
CREDIT  AGAINST  THE  TAX  IMPOSED  BY THIS ARTICLE IN THE AMOUNT OF ONE
THOUSAND DOLLARS PER FULL TIME EMPLOYEE WHO PARTICIPATES IN AN  EMPLOYER
SPONSORED  PROGRAM  OF STAGGERED OPERATING HOURS; PROVIDED SUCH EMPLOYER
IS LOCATED WITHIN A GEOGRAPHICAL AREA IN WHICH  RUSH  HOUR  OR  BUSINESS
HOUR TRAFFIC CONGESTION IS A SIGNIFICANT PROBLEM.
  (B)  FOR  PURPOSES  OF THIS SUBDIVISION, THE TERM "STAGGERED OPERATING
HOURS" SHALL BE DEEMED TO INCLUDE DEVIATIONS FROM A STANDARD  NINE  A.M.
TO  FIVE  P.M.  WORK DAY OF NO LESS THAN TWO HOURS AT EITHER END OF SUCH

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08366-01-1

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.