senate Bill S6796

2013-2014 Legislative Session

Establishes an employment of New York national guard and reserve members wage 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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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 11, 2014 referred to investigations and government operations

S6796 - Bill Details

See Assembly Version of this Bill:
A8705
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd ยงยง210 & 606, Tax L

S6796 - Bill Texts

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Establishes a tax credit for companies that employ New York national guard and reserve members.

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BILL NUMBER:S6796

TITLE OF BILL: An act to amend the tax law, in relation to creating a
wage tax credit for employers who employ New York national guard men
and women and reservists

PURPOSE OR GENERAL IDEA OF BILL: To establish a wage tax credit for
businesses that employ members of the National Guard and Reserves,
retain those who have been deployed or activated, and for those
businesses that fully comply with the USERRA (Uniformed Services
Employment and Reemployment Rights Act) reemployment requirements.

SUMMARY OF SPECIFIC PROVISIONS: Section 1- Section 210 of the tax law
is amended by adding subdivision 48. Employment of New York National
Guard and reserve members wage tax credit. A taxpayer shall be allowed
a credit, to be computed as provided in this subdivision, against the
tax imposed by this article, if it employs members of the New York
National Guard or reserves. Provided, however, such taxpayer shall
comply with Uniformed Services Employment and Reemployment Rights Act,
as found in section 4301 et seq. of title 18 United States Code.

Section 2- Subparagraph (B) of paragraph 1 of subsection (i) of
section 606 4 of the tax law is amended by adding a new clause
(xxxvii).

Section 3- Amount and application of Credit: a wage tax credit for
employment of New York National Guard and reserve members of fifteen
hundred dollars, and a wage tax credit for employment of New York
National Guard and reserve members who have completed a deployment or
activation of twenty-five hundred dollars.

Section 4- Effective date.

JUSTIFICATION: To encourage the employment of the men and women who
serve our state and nation as National Guard and Army reservists by
giving employers a wage tax credit for hiring these individuals.
Moreover, this legislation seeks to encourage employers to retain
these National Guard and army reservists after a deployment or
activation by providing an additional tax credit. Guard and Army
Reservists may be called away at any for their routine or
extraordinary obligations as members of our armed services which may
put them at a disadvantage when seeking employment. These tax credits
will help to even the playing field for those who have decided to
serve.

PRIOR LEGISLATIVE HISTORY: None

FISCAL IMPLICATIONS: This bill would impact the amount of tax revenue
generated annually in New York State beginning in the taxable years on
and after January 1, 2016.

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

                                  6796

                            I N  S E N A T E

                             March 11, 2014
                               ___________

Introduced  by  Sen.  FARLEY -- 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 creating a wage  tax  credit
  for  employers  who  employ  New York national guard men and women and
  reservists

  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 48 to read as follows:
  48.  EMPLOYMENT OF NEW YORK NATIONAL GUARD AND  RESERVE  MEMBERS  WAGE
TAX CREDIT. (A) ALLOWANCE OF CREDIT. A TAXPAYER SHALL BE ALLOWED A CRED-
IT,  TO  BE  COMPUTED  AS PROVIDED IN PARAGRAPH (B) OF THIS SUBDIVISION,
AGAINST THE TAX IMPOSED BY THIS ARTICLE, IF IT EMPLOYS  MEMBERS  OF  THE
NEW  YORK  NATIONAL GUARD AND RESERVES. PROVIDED, HOWEVER, SUCH TAXPAYER
SHALL COMPLY WITH THE UNIFORMED  SERVICES  EMPLOYMENT  AND  REEMPLOYMENT
RIGHTS  ACT,  AS FOUND IN SECTION 4301 ET SEQ. OF TITLE 18 OF THE UNITED
STATES CODE.
  (B) AMOUNT OF CREDIT. THE CREDIT ALLOWED PURSUANT TO PARAGRAPH (A)  OF
THIS  SUBDIVISION SHALL BE IN AN AMOUNT EQUAL TO FIFTEEN HUNDRED DOLLARS
FOR EACH NATIONAL GUARD OR RESERVE MEMBER EMPLOYED BY SUCH EMPLOYER  AND
TWENTY-FIVE  HUNDRED  DOLLARS  FOR EACH NATIONAL GUARD OR RESERVE MEMBER
EMPLOYED BY SUCH EMPLOYER WHO HAS COMPLETED OR RETURNED FROM  A  DEPLOY-
MENT OR ACTIVATION. PROVIDED, HOWEVER, THAT NO SUCH CREDIT ALLOWED UNDER
THIS SUBDIVISION SHALL EXCEED TWO THOUSAND FIVE HUNDRED DOLLARS FOR EACH
NATIONAL GUARD OR RESERVE MEMBER EMPLOYED BY SUCH EMPLOYER.
  (C)  APPLICATION  OF CREDIT. THE CREDIT ALLOWED UNDER THIS SUBDIVISION
FOR ANY TAXABLE YEAR SHALL NOT REDUCE THE TAX DUE FOR SUCH YEAR TO  LESS
THAN  THE  HIGHER  OF THE AMOUNT PRESCRIBED IN PARAGRAPHS (C) AND (D) OF
SUBDIVISION ONE OF THIS SECTION. IF,  HOWEVER,  THE  AMOUNT  OF  CREDITS
ALLOWED  UNDER  THIS SUBDIVISION FOR ANY TAXABLE YEAR REDUCES THE TAX TO
SUCH AMOUNT, ANY AMOUNT OF CREDIT THUS NOT DEDUCTIBLE  IN  SUCH  TAXABLE
YEAR  SHALL  BE  TREATED  AS  AN  OVERPAYMENT  OF  TAX TO BE CREDITED OR
REFUNDED IN ACCORDANCE WITH  THE  PROVISIONS  OF  SECTION  ONE  THOUSAND

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13323-01-3

S. 6796                             2

EIGHTY-SIX  OF  THIS  CHAPTER.  PROVIDED,  HOWEVER,  THE  PROVISIONS  OF
SUBSECTION (C) OF SECTION ONE  THOUSAND  EIGHTY-EIGHT  OF  THIS  CHAPTER
NOTWITHSTANDING, NO INTEREST SHALL BE PAID THEREON.
  S  2. Subparagraph (B) of paragraph 1 of subsection (i) of section 606
of the tax law is amended by adding a new clause  (xxxvii)  to  read  as
follows:
(XXXVII) EMPLOYMENT OF NEW           AMOUNT OF CREDIT
YORK NATIONAL GUARD AND              UNDER SUBDIVISION
RESERVE MEMBERS CREDIT               FORTY-EIGHT OF SECTION
UNDER SUBSECTION (XX)                TWO HUNDRED TEN
  S  3.  Subsections  (yy)  and  (zz)  of section 606 of the tax law, as
relettered by section 5 of part H of chapter 1 of the laws of 2003,  are
relettered  subsections  (yyy)  and  (zzz), and a new subsection (xx) is
added to read as follows:
  (XX) EMPLOYMENT OF NEW YORK NATIONAL GUARD AND  RESERVE  MEMBERS  WAGE
TAX CREDIT. (1) ALLOWANCE OF CREDIT. A TAXPAYER SHALL BE ALLOWED A CRED-
IT,  TO  BE  COMPUTED  AS  PROVIDED IN PARAGRAPH TWO OF THIS SUBSECTION,
AGAINST THE TAX IMPOSED BY THIS ARTICLE IF THEY EMPLOY  MEMBERS  OF  THE
NEW  YORK  NATIONAL  GUARD  AND  RESERVE.  PROVIDED, HOWEVER, THEY SHALL
COMPLY WITH THE UNIFORMED SERVICES EMPLOYMENT  AND  REEMPLOYMENT  RIGHTS
ACT,  AS  FOUND IN SECTION 4301 ET SEQ. OF TITLE 18 OF THE UNITED STATES
CODE.
  (2) AMOUNT OF CREDIT. THE CREDIT ALLOWED PURSUANT TO PARAGRAPH ONE  OF
THIS SUBSECTION SHALL BE IN AN AMOUNT EQUAL TO ONE THOUSAND FIVE HUNDRED
DOLLARS  FOR  EACH  NATIONAL  GUARD  OR  RESERVE MEMBER EMPLOYED BY SUCH
EMPLOYER AND TWO THOUSAND FIVE HUNDRED DOLLARS FOR EACH  NATIONAL  GUARD
OR  RESERVE  MEMBER  EMPLOYED  BY  SUCH  EMPLOYER  WHO  HAS COMPLETED OR
RETURNED FROM A DEPLOYMENT OR ACTIVATION.  PROVIDED,  HOWEVER,  THAT  NO
SUCH CREDIT ALLOWED UNDER THIS SUBSECTION SHALL EXCEED TWO THOUSAND FIVE
HUNDRED  DOLLARS  FOR  EACH NATIONAL GUARD OR RESERVE MEMBER EMPLOYED BY
SUCH EMPLOYER.
  (3) APPLICATION OF CREDIT. IF THE AMOUNT OF THE CREDIT  ALLOWED  UNDER
THIS SUBSECTION FOR ANY TAXABLE YEAR SHALL EXCEED THE TAXPAYER'S TAX FOR
SUCH  YEAR,  THE  EXCESS SHALL BE TREATED AS AN OVERPAYMENT OF TAX TO BE
CREDITED OR REFUNDED IN ACCORDANCE WITH THE PROVISIONS  OF  SECTION  SIX
HUNDRED  EIGHTY-SIX OF THIS ARTICLE, PROVIDED, HOWEVER, THAT NO INTEREST
SHALL BE PAID THEREON.
  S 4. This act shall take effect immediately and apply to taxable years
beginning on and after January 1, 2016.

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