senate Bill S4154A

2011-2012 Legislative Session

Relates to providing a tax credit to businesses for qualified expenses relating to occupational wellness

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Archive: Last Bill Status - In Committee


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

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Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 19, 2012 print number 4154a
amend and recommit to investigations and government operations
Jan 04, 2012 referred to investigations and government operations
Mar 21, 2011 referred to investigations and government operations

Bill Amendments

Original
A (Active)
Original
A (Active)

S4154 - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §§210 & 606, Tax L

S4154 - Summary

Relates to providing a tax credit to businesses for qualified expenses relating to occupational wellness; provides such credit shall equal, up to one hundred dollars per employee and shall not exceed one hundred thousand dollars per employer, the amount paid by the taxpayer during the taxable year for qualified expenses relating to occupational wellness.

S4154 - Sponsor Memo

S4154 - Bill Text download pdf

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

                                  4154

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                             March 21, 2011
                               ___________

Introduced  by  Sen.  SMITH  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Investigations and Govern-
  ment Operations

AN ACT to amend the tax law, in relation to  providing  an  occupational
  wellness  tax  credit  for businesses; 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.  Legislative  findings  and intent. The legislature hereby
finds that healthier  employees  experience  less  absenteeism,  greater
productivity, better mental performance, and increased job satisfaction,
performance and morale.
  The  legislature  hereby  finds  that  occupational  wellness programs
directly prevent the leading causes of premature death and disability in
the United States. Furthermore, the vital importance of this  issue  was
recently  crystallized  by the United States Centers for Disease Control
and Prevention (CDC) who earmarked $14  million  to  study  occupational
wellness programs.
  The  legislature hereby finds that there is a significant state inter-
est in encouraging a proactive approach to preventing illness and  inju-
ry, as opposed to the traditional reactive, sick-care method. A reorien-
tation  of  our  systematic  approach  to  health care is exemplified by
United States Senate Bill 2558, the Healthy  Lifestyles  and  Prevention
(HeLP)  America  Act  of  2004  and New York State Senate Bill 5774-A of
1999-2000, The Wellness and Preventative Health Care Program.
  The legislature hereby finds that individual studies  and  evaluations
of wellness programs have concluded that such endeavors have dual, rein-
forcing,  and  parallel  benefits. In the first instance, employees have
become more fit, reduced obesity, lessened stress levels, quit  smoking,
and  achieved  other propitious outcomes. Secondarily, wellness programs

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10257-02-1

S4154A (ACTIVE) - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §§210 & 606, Tax L

S4154A (ACTIVE) - Summary

Relates to providing a tax credit to businesses for qualified expenses relating to occupational wellness; provides such credit shall equal, up to one hundred dollars per employee and shall not exceed one hundred thousand dollars per employer, the amount paid by the taxpayer during the taxable year for qualified expenses relating to occupational wellness.

S4154A (ACTIVE) - Sponsor Memo

S4154A (ACTIVE) - Bill Text download pdf

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

                                 4154--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                             March 21, 2011
                               ___________

Introduced  by  Sen.  SMITH  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Investigations and Govern-
  ment Operations -- 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 providing an occupational
  wellness tax credit for businesses; 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. Legislative findings and  intent.  The  legislature  hereby
finds  that  healthier  employees  experience  less absenteeism, greater
productivity, better mental performance, and increased job satisfaction,
performance and morale.
  The legislature  hereby  finds  that  occupational  wellness  programs
directly prevent the leading causes of premature death and disability in
the  United  States. Furthermore, the vital importance of this issue was
recently crystallized by the United States Centers for  Disease  Control
and  Prevention  (CDC)  who  earmarked $14 million to study occupational
wellness programs.
  The legislature hereby finds that there is a significant state  inter-
est  in encouraging a proactive approach to preventing illness and inju-
ry, as opposed to the traditional reactive, sick-care method. A reorien-
tation of our systematic approach  to  health  care  is  exemplified  by
United  States  Senate  Bill 2558, the Healthy Lifestyles and Prevention
(HeLP) America Act of 2004 and New York  State  Senate  Bill  5774-A  of
1999-2000, The Wellness and Preventative Health Care Program.
  The  legislature  hereby finds that individual studies and evaluations
of wellness programs have concluded that such endeavors have dual, rein-
forcing, and parallel benefits. In the first  instance,  employees  have

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10257-03-2

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