Assembly Bill A10695

Signed By Governor
2011-2012 Legislative Session

Establishes a beer production tax credit for beer produced within the state by a taxpayer that is registered as a distributor; repealer

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S7728 - 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

Do you support this bill?

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
Votes

co-Sponsors

2011-A10695 (ACTIVE) - Details

See Senate Version of this Bill:
S7728
Law Section:
Tax Law
Laws Affected:
Add §37, amd §§210 & 606, rpld §424 sub 6, Tax L; amd §107-a, ABC L

2011-A10695 (ACTIVE) - Summary

Establishes a beer production tax credit for beer produced within the state by a taxpayer that is registered as a distributor.

2011-A10695 (ACTIVE) - Bill Text download pdf

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

    S. 7728                                                 A. 10695

                      S E N A T E - A S S E M B L Y

                              June 15, 2012
                               ___________

IN  SENATE -- Introduced by Sens. ZELDIN, GRIFFO, SEWARD, YOUNG, ROBACH,
  NOZZOLIO -- (at request of the Governor) --  read  twice  and  ordered
  printed, and when printed to be committed to the Committee on Rules

IN  ASSEMBLY -- Introduced by COMMITTEE ON RULES -- (at request of M. of
  A. Brindisi, Lentol, Barrett, Bronson, Cymbrowitz, Gabryszak,  Lifton,
  Lupardo, Magee, Millman, Morelle, Roberts, Russell, Schimminger, Skar-
  tados,  Zebrowski)  --  (at  request of the Governor) -- read once and
  referred to the Committee on Ways and Means

AN ACT to amend the tax law, in relation to establishing a credit  under
  articles  9-A and 22 of such law for beer produced within the state by
  a taxpayer that is registered as a distributor under article 18 of the
  tax law; to amend the alcoholic beverage control law, in  relation  to
  the  exemption  from  the  beer  label registration fee; and to repeal
  subdivision 6 of section 424 of the tax law, relating to the exemption
  for beer produced and sold within the state  by  certain  distributors
  under article 18 of the tax law

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

  Section 1. The tax law is amended by adding a new section 37  to  read
as follows:
  S  37.  BEER PRODUCTION CREDIT. (A) GENERAL. A TAXPAYER SUBJECT TO TAX
UNDER ARTICLE NINE-A OR TWENTY-TWO OF THIS CHAPTER, THAT  IS  REGISTERED
AS  A  DISTRIBUTOR  UNDER  ARTICLE  EIGHTEEN  OF  THIS CHAPTER, AND THAT
PRODUCES SIXTY MILLION OR FEWER GALLONS OF BEER IN  THIS  STATE  IN  THE
TAXABLE YEAR, SHALL BE ALLOWED A CREDIT AGAINST SUCH TAXES IN THE AMOUNT
SPECIFIED  IN  SUBDIVISION  (B)  OF  THIS  SECTION  AND  PURSUANT TO THE
PROVISIONS REFERENCED IN SUBDIVISION  (C)  OF  THIS  SECTION.  PROVIDED,
HOWEVER, THAT NO CREDIT SHALL BE ALLOWED FOR ANY BEER PRODUCED IN EXCESS
OF FIFTEEN MILLION FIVE HUNDRED THOUSAND GALLONS IN THE TAXABLE YEAR. IF
THE  TAXPAYER IS A PARTNER IN A PARTNERSHIP OR SHAREHOLDER OF A NEW YORK
S CORPORATION, THEN THE CAP IMPOSED BY THE PRECEDING SENTENCE  SHALL  BE
APPLIED AT THE ENTITY LEVEL, SO THAT THE AGGREGATE CREDIT ALLOWED TO ALL

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD12160-01-2
              

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.