| Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Jan 08, 2014 | referred to ways and means |
| Dec 04, 2013 | print number 6979a |
| Dec 04, 2013 | amend and recommit to ways and means |
| Apr 29, 2013 | referred to ways and means |
assembly Bill A6979A
2013-2014 Legislative Session
Sponsored By
ENGLEBRIGHT
Archive: Last Bill Status - In Assembly Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Bill Amendments
Co-Sponsors
Patricia Fahy
John T. McDonald III
Crystal Peoples-Stokes
Donna Lupardo
Multi-Sponsors
Shelley Mayer
A6979 - Details
A6979 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
6979
2013-2014 Regular Sessions
I N A S S E M B L Y
April 29, 2013
___________
Introduced by M. of A. ENGLEBRIGHT, FAHY, McDONALD, PEOPLES-STOKES --
read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to increasing the maximum award
available under the historic preservation tax credit; and providing
for the repeal of such provisions upon expiration thereof
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subparagraph (A) of paragraph 1 of subsection (oo) of
section 606 of the tax law, as amended by section 1 of part F of chapter
59 of the laws of 2013, is amended to read as follows:
(A) For taxable years beginning on or after January first, two thou-
sand ten and before January first, two thousand twenty, a taxpayer shall
be allowed a credit as hereinafter provided, against the tax imposed by
this article, in an amount equal to one hundred percent of the amount of
credit allowed the taxpayer with respect to a certified historic struc-
ture under subsection (a) (2) of section 47 of the federal internal
revenue code with respect to a certified historic structure located
within the state. Provided, however, the credit shall not exceed [five]
SEVEN million dollars IN STATE FISCAL YEAR TWO THOUSAND FIFTEEN--TWO
THOUSAND SIXTEEN, NINE MILLION DOLLARS IN STATE FISCAL YEAR TWO THOUSAND
SIXTEEN--TWO THOUSAND SEVENTEEN AND TWELVE MILLION DOLLARS IN STATE
FISCAL YEAR TWO THOUSAND SEVENTEEN--TWO THOUSAND EIGHTEEN. For taxable
years beginning on or after January first, two thousand twenty, a
taxpayer shall be allowed a credit as hereinafter provided, against the
tax imposed by this article, in an amount equal to thirty percent of the
amount of credit allowed the taxpayer with respect to a certified
historic structure under subsection (a)(2) of section 47 of the federal
internal revenue code with respect to a certified historic structure
located within the state; provided, however, the credit shall not exceed
one hundred thousand dollars.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04642-04-3
Co-Sponsors
Patricia Fahy
John T. McDonald III
Crystal Peoples-Stokes
Donna Lupardo
Multi-Sponsors
Shelley Mayer
Raymond Walter
A6979A (ACTIVE) - Details
A6979A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
6979--A
2013-2014 Regular Sessions
I N A S S E M B L Y
April 29, 2013
___________
Introduced by M. of A. ENGLEBRIGHT, FAHY, McDONALD, PEOPLES-STOKES,
LUPARDO, GALEF, OTIS -- Multi-Sponsored by -- M. of A. MAYER -- 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, in relation to increasing the maximum award
available under the historic preservation tax credit; and providing
for the repeal of such provisions upon expiration thereof
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subparagraph (A) of paragraph 1 of subsection (oo) of
section 606 of the tax law, as amended by section 1 of part F of chapter
59 of the laws of 2013, is amended to read as follows:
(A) For taxable years beginning on or after January first, two thou-
sand ten and before January first, two thousand twenty, a taxpayer shall
be allowed a credit as hereinafter provided, against the tax imposed by
this article, in an amount equal to one hundred percent of the amount of
credit allowed the taxpayer with respect to a certified historic struc-
ture under subsection (a) (2) of section 47 of the federal internal
revenue code with respect to a certified historic structure located
within the state. Provided, however, the credit shall not exceed [five]
SEVEN million dollars IN STATE FISCAL YEAR TWO THOUSAND SIXTEEN--TWO
THOUSAND SEVENTEEN, NINE MILLION DOLLARS IN STATE FISCAL YEAR TWO THOU-
SAND SEVENTEEN--TWO THOUSAND EIGHTEEN AND TWELVE MILLION DOLLARS IN
STATE FISCAL YEAR TWO THOUSAND EIGHTEEN--TWO THOUSAND NINETEEN. For
taxable years beginning on or after January first, two thousand twenty,
a taxpayer shall be allowed a credit as hereinafter provided, against
the tax imposed by this article, in an amount equal to thirty percent of
the amount of credit allowed the taxpayer with respect to a certified
historic structure under subsection (a)(2) of section 47 of the federal
internal revenue code with respect to a certified historic structure
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04642-08-3
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