Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 31, 2014 |
print number 4898a |
Jan 31, 2014 |
amend and recommit to ways and means |
Jan 08, 2014 |
referred to ways and means |
Feb 13, 2013 |
referred to ways and means |
Assembly Bill A4898
2013-2014 Legislative Session
Sponsored By
THIELE
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
Bill Amendments
multi-Sponsors
Barbara Clark
2013-A4898 - Details
- Current Committee:
- Assembly Ways And Means
- Law Section:
- Tax Law
- Laws Affected:
- Amd §§606 & 210, Tax L
- Versions Introduced in 2011-2012 Legislative Session:
-
A9653
2013-A4898 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4898 2013-2014 Regular Sessions I N A S S E M B L Y February 13, 2013 ___________ Introduced by M. of A. THIELE -- Multi-Sponsored by -- M. of A. CLARK -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to making technical corrections to the conservation easement tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 1 of subsection (kk) of section 606 of the tax law, as added by section 1 of part F of chapter 62 of the laws of 2006, is amended to read as follows: (1) Credit allowed. In the case of a taxpayer who owns land that is subject to a conservation easement held by a public or private conserva- tion agency, there shall be allowed a credit for twenty-five percent of the [allowable school district, county and town] real property taxes PAID on [such] THE land, OR PORTION OF THE LAND, SUBJECT TO THE EASEMENT. In no event shall the credit allowed under this subsection in combination with any other credit for [such school district, county and town] real property taxes under this section exceed such taxes. S 2. Subdivision 38 of section 210 of the tax law, as added by section 3 of part F of chapter 62 of the laws of 2006, is renumbered subdivision 46 and is amended to read as follows: 46. Conservation easement tax credit. (1) Credit allowed. In the case of a taxpayer who owns land that is subject to a conservation easement held by a public or private conservation agency, there shall be allowed a credit for twenty-five percent of the [allowable school district, county and town] real property taxes PAID on [such] THE land, OR PORTION OF THE LAND, SUBJECT TO THE EASEMENT. In no such case shall the credit allowed under this subdivision in combination with any other credit for [such school district, county and town] real property taxes under this section exceed such taxes. (2) Conservation easement. For purposes of this subdivision, the term "conservation easement" means a perpetual and permanent conservation EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07849-01-3
multi-Sponsors
Barbara Clark
2013-A4898A (ACTIVE) - Details
- Current Committee:
- Assembly Ways And Means
- Law Section:
- Tax Law
- Laws Affected:
- Amd §§606 & 210, Tax L
- Versions Introduced in 2011-2012 Legislative Session:
-
A9653
2013-A4898A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4898--A 2013-2014 Regular Sessions I N A S S E M B L Y February 13, 2013 ___________ Introduced by M. of A. THIELE -- Multi-Sponsored by -- M. of A. CLARK -- read once and referred to the Committee on Ways and Means -- recommit- ted to the Committee on Ways and Means in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to making technical corrections to the conservation easement tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 1 of subsection (kk) of section 606 of the tax law, as added by section 1 of part F of chapter 62 of the laws of 2006, is amended to read as follows: (1) Credit allowed. In the case of a taxpayer who owns land that is subject to a conservation easement held by a public or private conserva- tion agency, there shall be allowed a credit for twenty-five percent of the [allowable school district, county and town] real property taxes PAID on [such] THE land, OR PORTION OF THE LAND, SUBJECT TO THE EASEMENT. In no event shall the credit allowed under this subsection in combination with any other credit for [such school district, county and town] real property taxes under this section exceed such taxes. S 2. Subdivision 38 of section 210 of the tax law, as added by section 3 of part F of chapter 62 of the laws of 2006, is renumbered subdivision 48 and is amended to read as follows: 48. Conservation easement tax credit. (1) Credit allowed. In the case of a taxpayer who owns land that is subject to a conservation easement held by a public or private conservation agency, there shall be allowed a credit for twenty-five percent of the [allowable school district, county and town] real property taxes PAID on [such] THE land, OR PORTION OF THE LAND, SUBJECT TO THE EASEMENT. In no such case shall the credit allowed under this subdivision in combination with any other credit for EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07849-03-4
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