| Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| May 02, 2018 | referred to ways and means delivered to assembly passed senate |
| May 01, 2018 | ordered to third reading cal.929 committee discharged and committed to rules |
| Jan 04, 2018 | print number 6793a |
| Jan 04, 2018 | amend and recommit to investigations and government operations |
| Jan 03, 2018 | referred to investigations and government operations returned to senate died in assembly |
| Jun 21, 2017 | referred to ways and means delivered to assembly passed senate ordered to third reading cal.2198 |
| Jun 18, 2017 | referred to rules |
senate Bill S6793A
2017-2018 Legislative Session
Sponsored By
Martin J. Golden
(R, C, IP) 0 Senate District
Archive: Last Bill Status - Passed Senate
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Votes
Bill Amendments
S6793 - Details
S6793 - Sponsor Memo
BILL NUMBER: S6793 TITLE OF BILL : An act to amend the tax law, in relation to minimum wage reimbursement credit PURPOSE : This bill expands the scope of the minimum wage tax credit and would further extend the tax benefit through 2020. SUMMARY OF PROVISIONS : Section 1 provides a refundable tax credit for certain employers predicated on satisfying certain criteria set forth in statute. To be eligible for the minimum wage tax credit, a New York corporation, sole proprietorship, limited liability company or a partnership must employ students between the ages of sixteen and nineteen who are paid, at maximum, fifty cents above the current minimum wage. Further, section 1 extends the tax credit through 2020. Section 2 provides that this act shall take effect September 1, 2017. JUSTIFICATION :
S6793 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
6793
2017-2018 Regular Sessions
I N S E N A T E
June 18, 2017
___________
Introduced by Sen. GOLDEN -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend the tax law, in relation to minimum wage reimbursement
credit
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 38 of the tax law, as added by section 1 of part EE
of chapter 59 of the laws of 2013, is renumbered section 44 and subdivi-
sions (b) and (c) are amended to read as follows:
(b) An eligible employer is a corporation (including a New York S
corporation), a sole proprietorship, a limited liability company or a
partnership. An eligible employee is an individual who is (i) employed
by an eligible employer in New York state, (ii) paid [at] A MAXIMUM OF
$0.5 OVER the minimum wage rate as defined in article nineteen of the
labor law during the taxable year by the eligible employer, (iii)
between the ages of sixteen and nineteen during the period in which he
or she is paid at such minimum wage rate by the eligible employer, and
(iv) a student during the period in which he or she is paid at such
minimum wage rate by the taxpayer.
(c) For taxable years beginning on or after January first, two thou-
sand fourteen and before January first, two thousand fifteen, the amount
of the credit allowed under this section shall be equal to the product
of the total number of hours worked during the taxable year by eligible
employees for which they were paid at the minimum wage rate as defined
in article nineteen of the labor law and [seventy five] SEVENTY-FIVE
cents. For taxable years beginning on or after January first, two thou-
sand fifteen and before January first, two thousand sixteen, the amount
of the credit allowed under this section shall be equal to the product
of the total number of hours during the taxable year worked by eligible
employees for which they were paid at such minimum wage rate and one
dollar and thirty-one cents. For taxable years beginning on or after
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
S6793A (ACTIVE) - Details
S6793A (ACTIVE) - Sponsor Memo
BILL NUMBER: S6793A SPONSOR: GOLDEN TITLE OF BILL: An act to amend the tax law, in relation to minimum wage reimbursement credit PURPOSE: This bill expands the scope of the minimum wage reimbursement tax credit and would further extend the tax benefit through 2021. SUMMARY OF PROVISIONS: Section one of this bill amends Tax Law section 38, which is the minimum wage reimbursement tax credit, to expand the wage criterion for the determination of whether an employee is an eligible employee to include wages that do not exceed fifty cents over the applicable minimum wage. This expansion would apply to wages paid on and after January 1, 2018 through December 31, 2021. Section of this bill provides that this act shall take effect immediate-
S6793A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
6793--A
2017-2018 Regular Sessions
I N S E N A T E
June 18, 2017
___________
Introduced by Sen. GOLDEN -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules -- recommitted to
the Committee on Investigations and Government Operations in accord-
ance with Senate Rule 6, sec. 8 -- committee discharged, bill amended,
ordered reprinted as amended and recommitted to said committee
AN ACT to amend the tax law, in relation to minimum wage reimbursement
credit
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 38 of the tax law, as added by section 1 of part EE
of chapter 59 of the laws of 2013, is renumbered section 44 and subdivi-
sions (b) and (c) are amended to read as follows:
(b) An eligible employer is a corporation (including a New York S
corporation), a sole proprietorship, a limited liability company or a
partnership. [An] FOR TAXABLE YEARS BEGINNING ON AND AFTER JANUARY
FIRST, TWO THOUSAND FOURTEEN AND BEFORE JANUARY FIRST, TWO THOUSAND
EIGHTEEN, AN eligible employee is an individual who is (i) employed by
an eligible employer in New York state, (ii) paid at the minimum wage
rate as defined in article nineteen of the labor law during the taxable
year by the eligible employer, (iii) between the ages of sixteen and
nineteen during the period in which he or she is paid at such minimum
wage rate by the eligible employer, and (iv) a student during the period
in which he or she is paid at such minimum wage rate by the taxpayer.
FOR TAXABLE YEARS BEGINNING ON AND AFTER JANUARY FIRST, TWO THOUSAND
EIGHTEEN, AN ELIGIBLE EMPLOYEE IS AN INDIVIDUAL WHO IS (I) EMPLOYED BY
AN ELIGIBLE EMPLOYER IN NEW YORK STATE, (II) PAID AT A RATE THAT DOES
NOT EXCEED THE MINIMUM WAGE RATE AS DEFINED IN ARTICLE NINETEEN OF THE
LABOR LAW PLUS FIFTY CENTS DURING THE TAXABLE YEAR BY THE ELIGIBLE
EMPLOYER, (III) BETWEEN THE AGES OF SIXTEEN AND NINETEEN DURING THE
PERIOD IN WHICH HE OR SHE IS PAID AT SUCH RATE THAT DOES NOT EXCEED SUCH
MINIMUM WAGE RATE PLUS FIFTY CENTS BY THE ELIGIBLE EMPLOYER, AND (IV) A
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.