Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 18, 2012 |
signed chap.193 |
Jul 06, 2012 |
delivered to governor |
Jun 19, 2012 |
returned to senate passed assembly |
Mar 14, 2012 |
ordered to third reading cal.393 substituted for a8818 |
Jan 19, 2012 |
referred to ways and means |
Jan 18, 2012 |
delivered to assembly passed senate |
Jan 09, 2012 |
ordered to third reading cal.10 reported and committed to rules |
Jan 04, 2012 |
referred to investigations and government operations |
Senate Bill S6039
Signed By Governor2011-2012 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status - Signed by Governor
- 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
2011-S6039 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8818
- Law Section:
- Tax Law
- Laws Affected:
- Amd §606, Tax L; amd Part D §4, Chap 35 of 2006
2011-S6039 (ACTIVE) - Sponsor Memo
BILL NUMBER:S6039 TITLE OF BILL: An act to amend the tax law, in relation to the clean heating fuel personal income tax credit; and to amend chapter 35 of the laws of 2006 amending the tax law relating to a clean heating fuel credit, in relation to extending the applicability of such credit until January 1, 2017 PURPOSE OR GENERAL IDEA OF BILL: To extend the personal income tax clean heating fuel credit until Janu- ary 1, 2017 and to make conforming amendments to Chapter 35 of the Laws of 2006. Chapter 591 of the laws of 2011 already extends this provision until 2017 for corporate owners of residential developments. As refer- enced in the Bill Approval memo (No 11 Chapter 591) this bill represents a three-way agreement to a chapter amendment aimed at allowing individ- ual homeowners to also claim this credit for five more years. SUMMARY OF SPECIFIC PROVISIONS: Section 1 amends tax law section 606(mm)(1) to extend the effective date for the clean heating fuel credit. The credit will be affected for taxa- ble years beginning before January 1, 2017. Section 2 amends Chapter 35 of the laws of 2006, as amended by section three of part AAA-1 of chapter 57 of the laws of 2008 by extending the taxable years for which this credit may be claimed. The date has been
2011-S6039 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6039 I N S E N A T E (PREFILED) January 4, 2012 ___________ Introduced by Sen. MAZIARZ -- 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 the clean heating fuel personal income tax credit; and to amend chapter 35 of the laws of 2006 amending the tax law relating to a clean heating fuel credit, in relation to extending the applicability of such credit until January 1, 2017 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 1 of subsection (mm) of section 606 of the tax law, as amended by section 2 of part AAA-1 of chapter 57 of the laws of 2008, is amended to read as follows: (1) A taxpayer shall be allowed a credit against the tax imposed by this article. Such credit, to be computed as hereinafter provided, shall be allowed for bioheat, used for space heating or hot water production for residential purposes within this state and purchased on or after July first, two thousand six and before July first, two thousand seven and on or after January first, two thousand eight and before January first, two thousand [twelve] SEVENTEEN. Such credit shall be $0.01 per percent of biodiesel per gallon of bioheat, not to exceed twenty cents per gallon, purchased by such taxpayer. S 2. Section 4 of part D of chapter 35 of the laws of 2006 amending the tax law relating to a clean heating fuel credit, as amended by section 3 of part AAA-1 of chapter 57 of the laws of 2008, is amended to read as follows: S 4. This act shall take effect immediately and shall apply to taxable years beginning after December 31, 2005 and before January 1, [2012] 2017; provided, however that the IMB credit for energy taxes under subsection (t-1) and the state film production credit under subsection (gg) and the empire state commercial production credit under subsection (jj) of section 606 of the tax law contained in section three of this act shall expire on the same date as provided in subdivision (a) of EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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