Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 12, 2012 |
referred to ways and means delivered to assembly passed senate ordered to third reading cal.1185 committee discharged and committed to rules |
May 17, 2012 |
print number 2732c |
May 17, 2012 |
amend and recommit to investigations and government operations |
Mar 27, 2012 |
print number 2732b |
Mar 27, 2012 |
amend and recommit to investigations and government operations |
Jan 13, 2012 |
print number 2732a |
Jan 13, 2012 |
amend and recommit to investigations and government operations |
Jan 04, 2012 |
referred to investigations and government operations returned to senate died in assembly |
Jun 21, 2011 |
referred to ways and means delivered to assembly passed senate ordered to third reading cal.1453 committee discharged and committed to rules |
Jun 02, 2011 |
reported and committed to finance |
Jan 31, 2011 |
referred to investigations and government operations |
Senate Bill S2732
2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Assembly Committee
- 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
Bill Amendments
co-Sponsors
(R, IP) Senate District
(R, C, IP) Senate District
(R, C) 7th Senate District
(R) Senate District
2011-S2732 - Details
2011-S2732 - Sponsor Memo
BILL NUMBER:S2732 TITLE OF BILL: An act to amend the tax law, in relation to enacting the "education investment incentives act" PURPOSE: This bill would authorize a personal tax credit up to $6,000 and a corporate tax credit up to $15,000 for contributions to public education entities, or to charitable organizations which offer tuition assistance, or up to $75 for expenses incurred by school personnel and parents who educate their children at home. SUMMARY OF PROVISIONS: This bill would permit individual public schools, including charter schools, to accept and receive voluntary cash contributions. It also amends section 606 of the tax law to define a "local education fund" as a charitable organization in this state that is exempt from federal taxation under section 501(c) (3) of the Internal Revenue Code and is established for the specific purpose of supporting public education within a specific public school district; a "school tuition organization" as a charitable organization in this state that is exempt from federal taxation under section 501(c) (3) of the Internal Revenue Code, allocates at least eighty-seven percent of its annual expenditures for financial assistance to students in order that they
2011-S2732 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2732 2011-2012 Regular Sessions I N S E N A T E January 31, 2011 ___________ Introduced by Sens. GOLDEN, GRISANTI, MARTINS, MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations AN ACT to amend the tax law, in relation to enacting the "education investment incentives act" THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "education investment incentives act". S 2. Legislative findings and intent. The legislature hereby finds and declares that: a. At a time when the state is considering ways of reducing the tax burden for New York state residents and educators are seeking an expan- sion of financial resources, charitable giving for educational purposes should be stimulated; b. Permitting public education entities such as school districts and individual public schools, including charter schools, to accept and receive voluntary cash contributions will lessen the need for additional tax revenue; c. Encouraging voluntary support for education, without prejudice for or against any state-sanctioned educational enterprise, promotes the state's interest in providing the highest quality education to all chil- dren in the state; d. Requiring a sharing of resources among school districts will insure a more equitable distribution of financial support; e. The tax credit provided in this act is merely one of many credits available to New York taxpayers; f. The intended beneficiaries of the tax credit provided in this act are the students who attend public schools, including charter schools, or who further their educations using tuition scholarships from educa- tional scholarship organizations, or who participate in home-based EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05643-02-1
co-Sponsors
(R, IP) Senate District
(R, C, IP) Senate District
(D, WF) Senate District
(R, C) 7th Senate District
2011-S2732A - Details
2011-S2732A - Sponsor Memo
BILL NUMBER:S2732A TITLE OF BILL: An act to amend the tax law, in relation to enacting the "education investment incentives act" PURPOSE OR GENERAL IDEA OF BILL: This bill would authorize a personal tax credit up to $6,000 and a corporate tax credit up to $15,000 for contributions to public education entities, or to charitable organizations which offer tuition assistance, or up to $75 for expenses incurred by school personnel and parents who educate their children at home. SUMMARY OF SPECIFIC PROVISIONS: This bill would permit individual public schools, including charter schools, to accept and receive voluntary cash contributions. It also amends section 606 of the tax law to define a Alone; education fund as a charitable organization in this state that is exempt from federal taxation under section 501(0)(3) of the Internal Revenue Code and is established for the specific purpose of supporting public education within a specific public school district; a school tuition organization as a charitable organization in this state that is exempt from federal taxation under section 501(C)(3) of the Internal Revenue Code,
2011-S2732A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2732--A 2011-2012 Regular Sessions I N S E N A T E January 31, 2011 ___________ Introduced by Sens. GOLDEN, GRISANTI, HANNON, MARTINS, MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government 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 commit- tee AN ACT to amend the tax law, in relation to enacting the "education investment incentives act" THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "education investment incentives act". S 2. Legislative findings and intent. The legislature hereby finds and declares that: a. At a time when the state is considering ways of reducing the tax burden for New York state residents and educators are seeking an expan- sion of financial resources, charitable giving for educational purposes should be stimulated; b. Permitting public education entities such as school districts and individual public schools, including charter schools, to accept and receive voluntary cash contributions will lessen the need for additional tax revenue; c. Encouraging voluntary support for education, without prejudice for or against any state-sanctioned educational enterprise, promotes the state's interest in providing the highest quality education to all chil- dren in the state; d. Requiring a sharing of resources among school districts will insure a more equitable distribution of financial support; e. The tax credit provided in this act is merely one of many credits available to New York taxpayers; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05643-03-2
co-Sponsors
(D, WF) Senate District
(D) 15th Senate District
(R, IP) Senate District
(R, C, IP) Senate District
2011-S2732B - Details
2011-S2732B - Sponsor Memo
BILL NUMBER:S2732B TITLE OF BILL: An act to amend the tax law, in relation to enacting the "education investment incentives act" PURPOSE OR GENERAL IDEA OF BILL: This bill would authorize a tax credit up to seventy-five percent of either personal income tax liability or corporate franchise tax liability for donations to public education entities, local education funds, and educational scholarship organizations, or up to $75 for certain expenses incurred by school personnel and parents who educate their children at home. SUMMARY OF SPECIFIC PROVISIONS: Section 3 amends section 606 of the tax law for the purposes of receiving voluntary cash contribution by defining "public education entity"; as any public school district; an individual public school, including a charter school; a nonprofit organization for the purpose of providing programming for performing arts, visual arts, civic instruction, pre-kindergarten instruction, or any other educational purpose within such schools; a nonprofit organization that allows donors to choose school projects for charitable support that are identified by teachers or other school personnel; and the university of the state of New York research fund.
2011-S2732B - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2732--B 2011-2012 Regular Sessions I N S E N A T E January 31, 2011 ___________ Introduced by Sens. GOLDEN, GRISANTI, HANNON, HASSELL-THOMPSON, MARTINS, MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations -- recommitted to the Committee on Investigations and Government Oper- ations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to enacting the "education investment incentives act" THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "education investment incentives act". S 2. Legislative findings and intent. The legislature hereby finds and declares that: a. At a time when the state is considering ways of reducing the tax burden for New York state residents and educators are seeking an expan- sion of financial resources, charitable giving for educational purposes should be stimulated; b. Permitting public education entities such as school districts and individual public schools, including charter schools, to accept and receive voluntary cash contributions will lessen the need for additional tax revenue; c. Encouraging voluntary support for education, without prejudice for or against any state-sanctioned educational enterprise, promotes the state's interest in providing the highest quality education to all chil- dren in the state; d. Requiring a sharing of resources among school districts will insure a more equitable distribution of financial support; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05643-09-2
co-Sponsors
(D, WF) Senate District
(D) 15th Senate District
(D) Senate District
(R, C) 60th Senate District
2011-S2732C (ACTIVE) - Details
2011-S2732C (ACTIVE) - Sponsor Memo
BILL NUMBER:S2732C TITLE OF BILL: An act to amend the tax law, in relation to enacting the "education investment incentives act" PURPOSE OR GENERAL IDEA OF BILL: This bill would authorize a tax credit up to seventy-five percent of either personal income tax liability or corporate franchise tax liability for donations to public education entities, local education funds, and educational scholarship organizations, or up to $75 for certain expenses incurred by school personnel and parents who educate their children at home. SUMMARY OF SPECIFIC PROVISIONS: Section 3 amends section 606 of the tax law for the purposes of receiving voluntary cash contribution by defining "public education entity"; as any public school district; an individual public school, including a charter school; a nonprofit organization for the purpose of providing programming for performing arts, visual arts, civic instruction, pre- kindergarten instruction, or any other educational purpose within such schools; a nonprofit organization that allows donors to choose school projects for charitable support that are identified by teachers or other school personnel; and the university of the state of New York research fund.
2011-S2732C (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2732--C 2011-2012 Regular Sessions I N S E N A T E January 31, 2011 ___________ Introduced by Sens. GOLDEN, ADAMS, ADDABBO, GRISANTI, HANNON, HASSELL-THOMPSON, MARTINS, MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations -- recommitted to the Committee on Investi- gations and Government Operations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to enacting the "education investment incentives act" THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "education investment incentives act". S 2. Legislative findings and intent. The legislature hereby finds and declares that: a. At a time when the state is considering ways of reducing the tax burden for New York state residents and educators are seeking an expan- sion of financial resources, charitable giving for educational purposes should be stimulated; b. Permitting public education entities such as school districts and individual public schools, including charter schools, to accept and receive voluntary cash contributions will lessen the need for additional tax revenue; c. Encouraging voluntary support for education, without prejudice for or against any state-sanctioned educational enterprise, promotes the state's interest in providing the highest quality education to all chil- dren in the state; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05643-13-2
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