Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 17, 2014 |
referred to labor |
Assembly Bill A8487
2013-2014 Legislative Session
Sponsored By
PEOPLES-STOKES
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2013-A8487 (ACTIVE) - Details
2013-A8487 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8487 I N A S S E M B L Y January 17, 2014 ___________ Introduced by M. of A. PEOPLES-STOKES -- read once and referred to the Committee on Labor AN ACT to amend the labor law, in relation to the NY youth works tax incentive program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 25-a of the labor law, as added by section 1 of part D of chapter 56 of the laws of 2011, subdivision (b) as amended by section 1 and subdivisions (a) and subdivision (d) as amended by section 2 of part DD of chapter 59 of the laws of 2013 and subdivision (c) as amended by chapter 536 of the laws of 2013, is amended to read as follows: S 25-a. Power to administer the New York youth works tax credit program. (a) The commissioner is authorized to establish and administer the New York youth works tax credit program to provide tax incentives to employers for employing at risk youth in part-time and full-time posi- tions. There will be five distinct pools of tax incentives. Program one will cover tax incentives allocated for two thousand twelve [and], two thousand thirteen, AND TWO THOUSAND FOURTEEN. Program two will cover tax incentives allocated in two thousand fourteen to be used in two thousand fourteen and fifteen. Program three will cover tax incentives allocated in two thousand fifteen to be used in two thousand fifteen and sixteen. Program four will cover tax incentives allocated in two thou- sand sixteen to be used in two thousand sixteen and seventeen. Program five will cover tax incentives allocated in two thousand seventeen to be used in two thousand seventeen and eighteen. The commissioner is author- ized to allocate up to twenty-five million dollars of tax credits under program one, six million dollars of tax credits under program two, six million dollars of tax credits under program three, and six million dollars of tax credits under program four, and six million dollars of tax credits under program five. (b) Definitions. (1) The term "qualified employer" means an employer that has been certified by the commissioner to participate in the New EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07047-03-4
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