|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Apr 17, 2013||recommit, enacting clause stricken|
|Jan 09, 2013||referred to investigations and government operations|
senate Bill S1211
Archive: Last Bill Status - Stricken
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1211 - Details
S1211 - Sponsor Memo
BILL NUMBER:S1211 TITLE OF BILL: An act to amend the tax law, in relation to enacting the "hire veterans now act"; and providing for the repeal of such provisions upon expiration thereof PURPOSE OR GENERAL IDEA OF BILL: This bill would incentivize employers to hire unemployed veterans SUMMARY OF SPECIFIC PROVISIONS: This act will be known as the "hire veterans now act." The bill will provide a tax credit to an employer for hiring and retaining a qualified individual. A qualified individual is defined as a resident of the state who is a veteran, begins.employment after January 1,2013 and before January 1,2014, has been unemployed for sixty days prior to start of employment and is not employed to replace another employee. An employer will receive a tax credit of 51,000 per retained worker. A "retained worker" is a qualified individual who was employed during the taxable year, was employed for no less than 52 consecutive weeks, was employed full time. not less than 35 hours a week during the fifty-two consecutive weeks period
S1211 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1211 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. CARLUCCI -- 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 enacting the "hire veterans now act"; and providing for the repeal of such provisions upon expira- tion thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as the "hire veterans now act". S 2. Section 210 of the tax law is amended by adding a new subdivision 24-a to read as follows: 24-A. CREDIT FOR HIRING UNEMPLOYED VETERANS. (A) A TAXPAYER SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS HEREINAFTER PROVIDED, AGAINST THE TAX IMPOSED BY THIS ARTICLE, FOR HIRING QUALIFIED INDIVIDUALS AND FOR THE RETENTION OF SUCH INDIVIDUALS FOR A PERIOD OF ONE YEAR. (B) FOR PURPOSES OF THIS SUBDIVISION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (1) "QUALIFIED EMPLOYER" MEANS ANY EMPLOYER OTHER THAN THE FEDERAL, STATE OR LOCAL GOVERNMENT OR ANY INSTRUMENTALITY THEREOF; (2) "QUALIFIED INDIVIDUAL" MEANS ANY INDIVIDUAL RESIDING IN THIS STATE WHO: (A) IS A VETERAN AS DEFINED IN SUBDIVISION THREE OF SECTION THREE HUNDRED FIFTY OF THE EXECUTIVE LAW; (B) BEGINS EMPLOYMENT WITH A QUALIFIED EMPLOYER AFTER JANUARY FIRST, TWO THOUSAND THIRTEEN AND BEFORE JANUARY FIRST, TWO THOUSAND FOURTEEN; (C) CERTIFIES BY A SIGNED AFFIDAVIT, UNDER THE PENALTIES OF PERJURY, THAT SUCH INDIVIDUAL HAS NOT BEEN EMPLOYED FOR MORE THAN FORTY HOURS DURING THE SIXTY DAY PERIOD ENDING ON THE DATE SUCH INDIVIDUAL BEGINS SUCH EMPLOYMENT; AND EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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