assembly Bill A1826B

2013-2014 Legislative Session

Establishes the "education investment incentives act"

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (10)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 25, 2014 print number 1826d
amend (t) and recommit to ways and means
Feb 25, 2014 print number 1826c
amend and recommit to ways and means
Jan 08, 2014 referred to ways and means
Jun 20, 2013 print number 1826b
amend and recommit to ways and means
Jun 20, 2013 print number 1826a
amend (t) and recommit to ways and means
Jan 09, 2013 referred to ways and means

Bill Amendments

Original
A
B
C
D (Active)
Original
A
B
C
D (Active)

Co-Sponsors

view all co-sponsors

A1826 - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Add §39, amd §§208, 210, 606, 615, 1456, 1453, 1503 & 1511, Tax L; add Art 25 §§1209 - 1217, add §1503-a, Ed L
Versions Introduced in Previous Legislative Sessions:
2011-2012: A5081C
2009-2010: A10862

A1826 - Summary

Establishes the "education investment incentives act"; provides credits against income and corporate franchise tax for various qualified education investments including scholarships, education funds and instructional materials.

A1826 - Bill Text download pdf

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

                                  1826

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  M.  of  A.  CUSICK,  THIELE,  MARKEY, RAIA, MALLIOTAKIS,
  JAFFEE, LAVINE, ESPINAL, ROBINSON, GOLDFEDER, SIMANOWITZ, SCARBOROUGH,
  ROBERTS, BROOK-KRASNY, BENEDETTO, CAMARA, KEARNS -- Multi-Sponsored by
  -- M. of A. BOYLAND, CORWIN, CRESPO, CURRAN, CYMBROWITZ,  ENGLEBRIGHT,
  FINCH,  GABRYSZAK,  GIBSON,  HIKIND,  JACOBS, KOLB, LENTOL, PALMESANO,
  SCHIMEL, SCHIMMINGER, TITONE, WEISENBERG -- read once and referred  to
  the Committee on Ways and Means

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 to accept and receive voluntary cash  contrib-
utions 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.

Co-Sponsors

view all co-sponsors

A1826A - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Add §39, amd §§208, 210, 606, 615, 1456, 1453, 1503 & 1511, Tax L; add Art 25 §§1209 - 1217, add §1503-a, Ed L
Versions Introduced in Previous Legislative Sessions:
2011-2012: A5081C
2009-2010: A10862

A1826A - Summary

Establishes the "education investment incentives act"; provides credits against income and corporate franchise tax for various qualified education investments including scholarships, education funds and instructional materials.

A1826A - Bill Text download pdf

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

                                 1826--A

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  M.  of  A.  CUSICK, THIELE, MARKEY, MALLIOTAKIS, LAVINE,
  ESPINAL, ROBINSON, GOLDFEDER, SIMANOWITZ,  SCARBOROUGH,  BROOK-KRASNY,
  BENEDETTO, CAMARA, KEARNS, STEVENSON, HEVESI, PERRY, BARRETT, BORELLI,
  CURRAN,  WEPRIN,  ROZIC,  BRINDISI,  CLARK, RAMOS, SKOUFIS, RODRIGUEZ,
  RUSSELL, DenDEKKER,  ZEBROWSKI,  GJONAJ,  MILLER,  SKARTADOS,  MOSLEY,
  GANTT  --  Multi-Sponsored  by -- M. of A. ARROYO, AUBRY, BLANKENBUSH,
  BOYLAND, BRAUNSTEIN, BUTLER, COLTON,  COOK,  CORWIN,  CRESPO,  CROUCH,
  CYMBROWITZ, DIPIETRO, ENGLEBRIGHT, FINCH, FITZPATRICK, FRIEND, GABRYS-
  ZAK,  GARBARINO,  GIBSON,  GIGLIO,  GOODELL,  GRAF,  HAWLEY,  HEASTIE,
  HENNESSEY, HIKIND, HOOPER, JACOBS, JORDAN,  KATZ,  KIM,  KOLB,  LALOR,
  LENTOL,   P. LOPEZ,   LUPARDO,  MAGEE,  MAISEL,  McDONALD,  McDONOUGH,
  McLAUGHLIN, MOYA, NOJAY, OAKS, ORTIZ, OTIS, PALMESANO, PEOPLES-STOKES,
  PRETLOW, RA, REILICH, RIVERA, ROSA, SCHIMEL,  SCHIMMINGER,  SEPULVEDA,
  SIMOTAS,  SOLAGES, STEC, SWEENEY, TENNEY, TITONE, TITUS, WALTER, WEIN-
  STEIN, WEISENBERG, WRIGHT -- read once and referred to  the  Committee
  on  Ways  and  Means  --  committee  discharged, bill amended, ordered
  reprinted as amended and recommitted to said committee

AN ACT to amend the tax law and the education law, in relation to enact-
  ing the "education investment tax credit 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 tax credit act".
  S 2. Legislative findings and intent. The legislature hereby finds and
declares that:
  a. The education of the children of this state is one of  the  founda-
tions  of  a  strong  society  that  requires an academically robust and
financially sound school system, both public and non-public;
  b. 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-

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

Co-Sponsors

view all co-sponsors

A1826B - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Add §39, amd §§208, 210, 606, 615, 1456, 1453, 1503 & 1511, Tax L; add Art 25 §§1209 - 1217, add §1503-a, Ed L
Versions Introduced in Previous Legislative Sessions:
2011-2012: A5081C
2009-2010: A10862

A1826B - Summary

Establishes the "education investment incentives act"; provides credits against income and corporate franchise tax for various qualified education investments including scholarships, education funds and instructional materials.

A1826B - Bill Text download pdf

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

                                 1826--B

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  M.  of  A.  CUSICK, THIELE, MARKEY, MALLIOTAKIS, LAVINE,
  ESPINAL, ROBINSON, GOLDFEDER, SIMANOWITZ,  SCARBOROUGH,  BROOK-KRASNY,
  BENEDETTO, CAMARA, KEARNS, STEVENSON, HEVESI, PERRY, BARRETT, BORELLI,
  CURRAN,  WEPRIN,  ROZIC,  BRINDISI,  CLARK, RAMOS, SKOUFIS, RODRIGUEZ,
  RUSSELL, DenDEKKER,  ZEBROWSKI,  GJONAJ,  MILLER,  SKARTADOS,  MOSLEY,
  GANTT  --  Multi-Sponsored  by -- M. of A. ARROYO, AUBRY, BLANKENBUSH,
  BOYLAND, BRAUNSTEIN, BUTLER, COLTON,  COOK,  CORWIN,  CRESPO,  CROUCH,
  CYMBROWITZ, DIPIETRO, ENGLEBRIGHT, FINCH, FITZPATRICK, FRIEND, GABRYS-
  ZAK,  GARBARINO,  GIBSON,  GIGLIO,  GOODELL,  GRAF,  HAWLEY,  HEASTIE,
  HENNESSEY, HIKIND, HOOPER, JACOBS, JORDAN,  KATZ,  KIM,  KOLB,  LALOR,
  LENTOL,   P. LOPEZ,   LUPARDO,  MAGEE,  MAISEL,  McDONALD,  McDONOUGH,
  McLAUGHLIN, MOYA, NOJAY, OAKS, ORTIZ, OTIS, PALMESANO, PEOPLES-STOKES,
  PRETLOW, RA, REILICH, RIVERA, ROSA, SCHIMEL,  SCHIMMINGER,  SEPULVEDA,
  SIMOTAS,  SOLAGES, STEC, SWEENEY, TENNEY, TITONE, TITUS, WALTER, WEIN-
  STEIN, WEISENBERG, WRIGHT -- read once and referred to  the  Committee
  on  Ways  and  Means  --  committee  discharged, bill amended, ordered
  reprinted as amended  and  recommitted  to  said  committee  --  again
  reported  from  said  committee  with amendments, ordered reprinted as
  amended and recommitted to said committee

AN ACT to amend the tax law and the education law, in relation to enact-
  ing the "education investment tax credit 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 tax credit act".
  S 2. Legislative findings and intent. The legislature hereby finds and
declares that:
  a. The education of the children of this state is one of  the  founda-
tions  of  a  strong  society  that  requires an academically robust and
financially sound school system, both public and non-public;

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

Co-Sponsors

view all co-sponsors

A1826C - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Add §39, amd §§208, 210, 606, 615, 1456, 1453, 1503 & 1511, Tax L; add Art 25 §§1209 - 1217, add §1503-a, Ed L
Versions Introduced in Previous Legislative Sessions:
2011-2012: A5081C
2009-2010: A10862

A1826C - Summary

Establishes the "education investment incentives act"; provides credits against income and corporate franchise tax for various qualified education investments including scholarships, education funds and instructional materials.

A1826C - Bill Text download pdf

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

                                 1826--C

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  M.  of  A.  CUSICK, THIELE, MARKEY, MALLIOTAKIS, LAVINE,
  GOLDFEDER, SIMANOWITZ, BROOK-KRASNY, BENEDETTO, CAMARA, KEARNS,  HEVE-
  SI,  PERRY,  BARRETT, BORELLI, CURRAN, WEPRIN, ROZIC, BRINDISI, CLARK,
  SKOUFIS, RODRIGUEZ, RUSSELL,  DenDEKKER,  GJONAJ,  MILLER,  SKARTADOS,
  MOSLEY,  GANTT,  KELLNER, SANTABARBARA, SALADINO, PALUMBO, FITZPATRICK
  -- Multi-Sponsored by -- M. of A. ARROYO, AUBRY, BLANKENBUSH, BOYLAND,
  BRAUNSTEIN, BUTLER, COLTON, COOK, CORWIN, CRESPO, CROUCH,  CYMBROWITZ,
  DAVILA,  DiPIETRO,  FARRELL,  FINCH, GARBARINO, GIGLIO, GOODELL, GRAF,
  HAWLEY, HEASTIE, HENNESSEY, HIKIND, HOOPER, JACOBS, KATZ,  KIM,  KOLB,
  LALOR,  LENTOL,  P. LOPEZ,  MAGEE,  McDONALD,  McDONOUGH,  McLAUGHLIN,
  MONTESANO, MOYA, NOJAY, OAKS, ORTIZ, OTIS, PALMESANO,  PEOPLES-STOKES,
  PRETLOW,  RA,  RIVERA,  ROSA,  SCHIMEL, SCHIMMINGER, SIMOTAS, SOLAGES,
  STEC, SWEENEY, TENNEY, TITONE, TITUS, WALTER,  WEINSTEIN,  WEISENBERG,
  WRIGHT -- read once and referred to the Committee on Ways and Means --
  committee  discharged,  bill amended, ordered reprinted as amended and
  recommitted to said committee -- again reported  from  said  committee
  with  amendments, ordered reprinted as amended and recommitted to said
  committee -- recommitted to the Committee on Ways and Means in accord-
  ance with Assembly Rule  3,  sec.  2  --  committee  discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

AN ACT to amend the tax law and the education law, in relation to enact-
  ing the "education investment tax credit 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 tax credit act".
  S 2. Legislative findings and intent. The legislature hereby finds and
declares that:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00834-27-4

Co-Sponsors

view all co-sponsors

A1826D (ACTIVE) - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Add §39, amd §§208, 210, 606, 615, 1456, 1453, 1503 & 1511, Tax L; add Art 25 §§1209 - 1217, add §1503-a, Ed L
Versions Introduced in Previous Legislative Sessions:
2011-2012: A5081C
2009-2010: A10862

A1826D (ACTIVE) - Summary

Establishes the "education investment incentives act"; provides credits against income and corporate franchise tax for various qualified education investments including scholarships, education funds and instructional materials.

A1826D (ACTIVE) - Bill Text download pdf

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

                                 1826--D

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  M.  of  A.  CUSICK, THIELE, MARKEY, MALLIOTAKIS, LAVINE,
  GOLDFEDER, SIMANOWITZ, BROOK-KRASNY, BENEDETTO, CAMARA, KEARNS,  HEVE-
  SI,  PERRY,  BARRETT, BORELLI, CURRAN, WEPRIN, ROZIC, BRINDISI, CLARK,
  SKOUFIS, RODRIGUEZ, RUSSELL,  DenDEKKER,  GJONAJ,  MILLER,  SKARTADOS,
  MOSLEY,  GANTT, KELLNER, SALADINO, PALUMBO, FITZPATRICK -- Multi-Spon-
  sored by -- M. of A. ARROYO, AUBRY, BLANKENBUSH,  BRAUNSTEIN,  BUTLER,
  COLTON,  COOK,  CORWIN,  CRESPO, CROUCH, CYMBROWITZ, DAVILA, DiPIETRO,
  FARRELL, FINCH, GARBARINO, GIGLIO,  GOODELL,  GRAF,  HAWLEY,  HEASTIE,
  HENNESSEY,  HIKIND,  HOOPER,  JACOBS,  KATZ, KIM, KOLB, LALOR, LENTOL,
  P. LOPEZ, MAGEE, McDONALD, McLAUGHLIN, MONTESANO, MOYA,  NOJAY,  OAKS,
  ORTIZ,  OTIS, PALMESANO, PEOPLES-STOKES, PICHARDO, PRETLOW, RA, RAMOS,
  RIVERA, ROSA, SCHIMEL, SCHIMMINGER, SIMOTAS, SOLAGES,  STEC,  SWEENEY,
  TENNEY,  TITONE,  TITUS, WALTER, WEINSTEIN, WEISENBERG, WRIGHT -- read
  once and referred to the Committee on  Ways  and  Means  --  committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to  said  committee  -- again reported from said committee with amend-
  ments, ordered reprinted as amended and recommitted to said  committee
  --  recommitted  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  --  again
  reported  from  said  committee  with amendments, ordered reprinted as
  amended and recommitted to said committee

AN ACT to amend the tax law and the education law, in relation to enact-
  ing 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:

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

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