senate Bill S1225

2013-2014 Legislative Session

Provides tax credit for employers of workers who were receiving public assistance immediately preceding such employment

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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

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to investigations and government operations
Jan 09, 2013 referred to investigations and government operations

Co-Sponsors

S1225 - Details

See Assembly Version of this Bill:
A2950
Current Committee:
Law Section:
Tax Law
Laws Affected:
Add §200, Tax L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S1373, A637
2009-2010: S1131, A1345

S1225 - Summary

Provides a tax credit of $1,000 against special additional mortgage tax and article 9-A (franchise tax on business corporations) for each employee employed in excess of one year at minimum wage for thirty hours per week who was a public assistance recipient for at least two years immediately preceding the commencement of such employment.

S1225 - Sponsor Memo

S1225 - Bill Text download pdf

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

                                  1225

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sens. PERKINS, DIAZ, DILAN, HASSELL-THOMPSON, KRUEGER --
  read twice and ordered printed, and when printed to  be  committed  to
  the Committee on Investigations and Government Operations

AN  ACT  to amend the tax law, in relation to providing a tax credit for
  employers who employ workers who were receiving public assistance

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. The tax law is amended by adding a new section 200 to read
as follows:
  S 200. EMPLOYMENT  OF  CERTAIN  WORKERS;  CREDIT.  EVERY  CORPORATION,
COMPANY,  ASSOCIATION OR TAXPAYER REQUIRED BY SECTION ONE HUNDRED EIGHT-
Y-SEVEN OR ARTICLE NINE-A OF THIS CHAPTER  TO  PAY  A  TAX  WHICH  SHALL
EMPLOY,  FOR  A  PERIOD IN EXCESS OF ONE YEAR, ANY WORKER AS A FULL-TIME
EMPLOYEE FOR NO LESS THAN THIRTY HOURS  PER  WEEK  (EXCLUDING  VACATION,
SICK  TIME  OR  SIMILAR EXCEPTIONS) AND WHO IS PAID BY SUCH CORPORATION,
COMPANY, ASSOCIATION OR TAXPAYER  NO  LESS  THAN  THE  MINIMUM  WAGE  AS
PRESCRIBED  BY  ARTICLE NINETEEN OF THE LABOR LAW, AND WHO WAS RECEIVING
PUBLIC ASSISTANCE FOR  TWO  YEARS  OR  MORE  IMMEDIATELY  PRECEDING  THE
COMMENCEMENT  OF  SUCH  EMPLOYMENT SHALL BE ENTITLED TO A CREDIT AGAINST
SUCH TAX OF ONE THOUSAND DOLLARS FOR EACH SUCH EMPLOYEE.
  S 2. This act shall take effect immediately and  shall  apply  to  all
taxable  years  beginning after the thirty-first of December in the year
this act takes effect.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00835-01-3

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