S T A T E O F N E W Y O R K
________________________________________________________________________
7281
I N S E N A T E
May 9, 2014
___________
Introduced by Sen. ESPAILLAT -- 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 supplemental brownfield
credit reporting
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 171-r of the tax law is amended by adding a new
subdivision (e) to read as follows:
(E) THE COMMISSIONER, IN CONSULTATION WITH THE COMMISSIONER OF ENVI-
RONMENTAL CONSERVATION, SHALL PUBLISH NO LATER THAN ONE YEAR AFTER THIS
SUBDIVISION SHALL TAKE EFFECT, A SUPPLEMENTAL BROWNFIELD CREDIT REPORT
CONTAINING THE INFORMATION REQUIRED BY THIS SECTION REGARDING THE CRED-
ITS CLAIMED FOR THE YEARS TWO THOUSAND FIVE, TWO THOUSAND SIX, AND TWO
THOUSAND SEVEN.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05204-01-3