|
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Jun 17, 2016 |
referred to ways and means |
| Jun 16, 2016 |
delivered to assembly passed senate ordered to third reading cal.1932 committee discharged and committed to rules |
| Mar 01, 2016 |
print number 3005a |
| Mar 01, 2016 |
amend and recommit to finance |
| Jan 21, 2016 |
reported and committed to finance |
| Jan 06, 2016 |
referred to investigations and government operations returned to senate died in assembly |
| Jun 18, 2015 |
referred to ways and means delivered to assembly passed senate ordered to third reading cal.1809 committee discharged and committed to rules |
| Mar 25, 2015 |
notice of committee consideration - requested |
| Feb 02, 2015 |
referred to investigations and government operations |
Senate Bill S3005
2015-2016 Legislative Session
Sponsored By
(D) 15th Senate District
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
Votes
Bill Amendments
2015-S3005 - Details
2015-S3005 - Sponsor Memo
BILL NUMBER:S3005
TITLE OF BILL:
An act to amend the tax law, in relation to providing a tax credit for
a portion of the cost of repairing certain fire hazards
PURPOSE OR GENERAL IDEA OF BILL:
Provides a tax credit to homeowners who repair cock loft fire hazards
in their homes.
SUMMARY OF SPECIFIC PROVISIONS:
Section 606 of the Tax Law is amended by adding a new subsection (ccc)
to provide for a 30% refundable tax credit, up to a maximum of $500,
for repairing fire hazards commonly known as cocklofts, which are
defined as a completely enclosed space between the rafters and a
suspended ceiling.
JUSTIFICATION:
This legislation is introduced as a result of a major fires that have
taken place in Queens and Brooklyn. In these cases, the fire began in
a single family home fire which quickly spread down the entire block
of homes because of the existence of cock lofts which connected these
2015-S3005 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
3005
2015-2016 Regular Sessions
I N S E N A T E
February 2, 2015
___________
Introduced by Sen. ADDABBO -- 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 providing a tax credit for a
portion of the cost of repairing certain fire hazards
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 606 of the tax law is amended by adding a new
subsection (ccc) to read as follows:
(CCC) CREDIT FOR REPAIRING CERTAIN FIRE HAZARDS. (1) ANY RESIDENT
OWNER OF REAL PROPERTY AS DEFINED IN SECTION ONE HUNDRED TWO OF THE
REAL PROPERTY TAX LAW SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHER-
WISE IMPOSED UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO THIRTY PERCENT OF
THE COST OF REPAIRING FIRE HAZARDS COMMONLY KNOWN AS COCK LOFTS,
PROVIDED THAT SUCH CREDIT SHALL NOT EXCEED FIVE HUNDRED DOLLARS. FOR
PURPOSES OF THIS SECTION THE TERM "COCK LOFT" SHALL MEAN A COMPLETELY
ENCLOSED SPACE BETWEEN RAFTERS AND A SUSPENDED CEILING.
(2) 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 2. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2015.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01820-01-5
2015-S3005A (ACTIVE) - Details
2015-S3005A (ACTIVE) - Sponsor Memo
BILL NUMBER: S3005A
TITLE OF BILL :
An act to amend the tax law, in relation to providing a tax credit for
a portion of the cost of repairing certain fire hazards
PURPOSE OR GENERAL IDEA OF BILL :
Provides a tax credit to homeowners who repair cock loft fire hazards
in their homes.
SUMMARY OF SPECIFIC PROVISIONS :
Section 606 of the Tax Law is amended by adding a new subsection (ccc)
to provide for a 30% refundable tax credit, up to a maximum of $500,
for repairing fire hazards commonly known as cocklofts, which are
defined as a completely enclosed space between the rafters and a
suspended ceiling.
JUSTIFICATION :
This legislation is introduced as a result of a major fires that have
taken place in Queens and Brooklyn. In these cases, the fire began in
a single family home fire which quickly spread down the entire block
of homes because of the existence of cock lofts which connected these
2015-S3005A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
3005--A
2015-2016 Regular Sessions
I N S E N A T E
February 2, 2015
___________
Introduced by Sen. ADDABBO -- read twice and ordered printed, and when
printed to be committed to the Committee on Investigations and Govern-
ment Operations -- recommitted to the Committee on Investigations and
Government Operations in accordance with Senate Rule 6, sec. 8 --
reported favorably from said committee and committed to the Committee
on Finance -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee
AN ACT to amend the tax law, in relation to providing a tax credit for a
portion of the cost of repairing certain fire hazards
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 606 of the tax law is amended by adding a new
subsection (ccc) to read as follows:
(CCC) CREDIT FOR REPAIRING CERTAIN FIRE HAZARDS. (1) ANY RESIDENT
OWNER OF REAL PROPERTY AS DEFINED IN SECTION ONE HUNDRED TWO OF THE
REAL PROPERTY TAX LAW SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHER-
WISE IMPOSED UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO THIRTY PERCENT OF
THE COST OF REPAIRING FIRE HAZARDS COMMONLY KNOWN AS COCK LOFTS,
PROVIDED THAT SUCH CREDIT SHALL NOT EXCEED FIVE HUNDRED DOLLARS. FOR
PURPOSES OF THIS SECTION THE TERM "COCK LOFT" SHALL MEAN A COMPLETELY
ENCLOSED SPACE BETWEEN RAFTERS AND A SUSPENDED CEILING.
(2) 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 2. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2016.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01820-02-6
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