senate Bill S2515

2013-2014 Legislative Session

Establishes the retail gas station electric generator tax credit

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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 18, 2013 referred to investigations and government operations

Co-Sponsors

S2515 - Details

See Assembly Version of this Bill:
A3870
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd ยงยง210 & 606, Tax L

S2515 - Summary

Establishes the retail gas station electric generator tax credit.

S2515 - Sponsor Memo

S2515 - Bill Text download pdf

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

                                  2515

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 18, 2013
                               ___________

Introduced  by  Sens. GOLDEN, MAZIARZ -- 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 establishing the retail gas
  station electric generator tax credit

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

  Section  1.  Section  210  of  the  tax law is amended by adding a new
subdivision 46 to read as follows:
  46. RETAIL GAS STATION ELECTRIC GENERATOR TAX CREDIT. (A) ALLOWANCE OF
CREDIT. A TAXPAYER WHO IS ENGAGED IN THE BUSINESS OF SELLING MOTOR  FUEL
OR DIESEL MOTOR FUEL AT RETAIL SHALL BE ALLOWED A CREDIT, TO BE COMPUTED
AS  PROVIDED  IN  PARAGRAPH  (C)  OF  THIS  SUBDIVISION, AGAINST THE TAX
IMPOSED BY THIS ARTICLE FOR THE PURCHASE AND INSTALLATION OF AN EMERGEN-
CY ELECTRIC GENERATOR THAT IS CAPABLE OF PROVIDING  EMERGENCY  POWER  TO
FUEL PUMPS AT A FILLING STATION OWNED BY THE TAXPAYER THAT IS LOCATED IN
THIS STATE. A TAXPAYER MAY CLAIM CREDIT PURSUANT TO THIS SUBDIVISION FOR
EACH  EMERGENCY  ELECTRIC GENERATOR INSTALLED AT A FILLING STATION OWNED
BY THE TAXPAYER THAT IS LOCATED IN THIS STATE; PROVIDED,  HOWEVER,  THAT
THE  TAXPAYER  SHALL  NOT CLAIM MORE THAN ONE CREDIT FOR ANY ONE FILLING
STATION.
  (B) DEFINITIONS. FOR PURPOSES OF THIS SUBDIVISION, THE FOLLOWING DEFI-
NITIONS SHALL APPLY:
  (1) "AT RETAIL" SHALL MEAN A FILLING STATION WHERE SUCH FUEL IS STORED
PRIMARILY FOR SALE BY DELIVERY DIRECTLY  INTO  THE  ORDINARY  FUEL  TANK
CONNECTED WITH THE ENGINE OF A MOTOR VEHICLE TO BE CONSUMED IN THE OPER-
ATION  OF  SUCH MOTOR VEHICLE OR WHERE SUCH FUEL IS STORED PRIMARILY FOR
SALE BY DELIVERY DIRECTLY INTO THE ORDINARY FUEL TANK CONNECTED WITH THE
ENGINE OF A VESSEL TO BE CONSUMED IN THE OPERATION OF SUCH VESSEL.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07749-01-3

S. 2515                             2

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