Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 20, 2018 |
recommitted to rules |
May 07, 2018 |
ordered to third reading cal.1019 committee discharged and committed to rules |
Jan 25, 2018 |
print number 715a |
Jan 25, 2018 |
amend and recommit to investigations and government operations |
Jan 03, 2018 |
referred to investigations and government operations |
Jan 04, 2017 |
referred to investigations and government operations |
Senate Bill S715A
2017-2018 Legislative Session
Sponsored By
(R, C, IP) 62nd Senate District
Archive: Last Bill Status - In Senate Committee Rules 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
2017-S715 - Details
- Current Committee:
- Senate Rules
- Law Section:
- Tax Law
- Laws Affected:
- Amd §606, Tax L
- Versions Introduced in 2015-2016 Legislative Session:
-
S7901
2017-S715 - Sponsor Memo
BILL NUMBER: S715 TITLE OF BILL : An act to amend the tax law, in relation to creating a tax credit for households or businesses that install a water purification or filtration system PURPOSE OR GENERAL IDEA OF BILL : To alleviate the financial burden on those who choose to have professionally installed water purification or filtration systems in order to access potable water in their homes or businesses. SUMMARY OF SPECIFIC PROVISIONS : The executive law is amended by adding a new subsection eee to read as follows: Water filtration or purification tax credit. A taxpayer who purchases and installs a water purification or filtration system in their residence and/or business, if such residence or business is located within this state, shall be allowed a tax credit against the tax otherwise imposed under this article in an amount equal to five hundred dollars. JUSTIFICATION : Across the state, we have seen instances of contamination in our drinking water. In many cases, the best method to reduce or eliminate
2017-S715 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 715 2017-2018 Regular Sessions I N S E N A T E January 4, 2017 ___________ Introduced by Sen. ORTT -- 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 tax credit for households or businesses that install a water purification or filtra- tion system 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 (hhh) to read as follows: (HHH) WATER FILTRATION OR PURIFICATION TAX CREDIT. (1) A TAXPAYER WHO PURCHASES AND INSTALLS A WATER PURIFICATION OR FILTRATION SYSTEM IN THEIR RESIDENCE AND/OR BUSINESS, IF SUCH RESIDENCE OR BUSINESS IS LOCATED WITHIN THIS STATE, SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHERWISE IMPOSED UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO FIVE HUNDRED DOLLARS. (2) A TAXPAYER MAY CLAIM ONE CREDIT PURSUANT TO PARAGRAPH ONE OF THIS SUBSECTION FOR EACH RESIDENCE OR BUSINESS FOR WHICH THE TAXPAYER PURCHASES AND INSTALLS A NEW WATER PURIFICATION OR FILTRATION SYSTEM. (3) FOR PURPOSES OF THIS SUBSECTION A "WATER PURIFICATION OR FILTRA- TION SYSTEM" SHALL MEAN A SYSTEM THAT REMOVES IMPURITIES FROM WATER BY MEANS OF A FINE PHYSICAL BARRIER, A CHEMICAL PROCESS OR A BIOLOGICAL PROCESS THAT WAS INSTALLED BY A PROFESSIONAL. § 2. This act shall take effect immediately and shall apply to taxable years beginning on or after January 1, 2017. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04282-02-7
2017-S715A (ACTIVE) - Details
- Current Committee:
- Senate Rules
- Law Section:
- Tax Law
- Laws Affected:
- Amd §606, Tax L
- Versions Introduced in 2015-2016 Legislative Session:
-
S7901
2017-S715A (ACTIVE) - Sponsor Memo
BILL NUMBER: S715A SPONSOR: ORTT TITLE OF BILL: An act to amend the tax law, in relation to creating a tax credit for households or businesses that install a water purifica- tion or filtration system PURPOSE OR GENERAL IDEA OF BILL: To alleviate the financial burden on those who choose to have profes- sionally installed water purification or filtration systems in order to access potable water in their homes or businesses. SUMMARY OF PROVISIONS: The executive law is amended by adding a new subsection eee to read as follows: Water filtration or purification tax credit. A taxpayer who purchases and installs a water purification or filtration system in their residence and/or business, if such residence or business is located within this state, shall be allowed a tax credit against the tax otherwise imposed under this article in an amount equal to five hundred
2017-S715A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 715--A 2017-2018 Regular Sessions I N S E N A T E January 4, 2017 ___________ Introduced by Sen. ORTT -- 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 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to creating a tax credit for households or businesses that install a water purification or filtra- tion system 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 (iii) to read as follows: (III) WATER FILTRATION OR PURIFICATION TAX CREDIT. (1) A TAXPAYER WHO PURCHASES AND INSTALLS A WATER PURIFICATION OR FILTRATION SYSTEM IN THEIR RESIDENCE AND/OR BUSINESS, IF SUCH RESIDENCE OR BUSINESS IS LOCATED WITHIN THIS STATE, SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHERWISE IMPOSED UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO FIVE HUNDRED DOLLARS. (2) A TAXPAYER MAY CLAIM ONE CREDIT PURSUANT TO PARAGRAPH ONE OF THIS SUBSECTION FOR EACH RESIDENCE OR BUSINESS FOR WHICH THE TAXPAYER PURCHASES AND INSTALLS A NEW WATER PURIFICATION OR FILTRATION SYSTEM. (3) FOR PURPOSES OF THIS SUBSECTION A "WATER PURIFICATION OR FILTRA- TION SYSTEM" SHALL MEAN A SYSTEM THAT REMOVES IMPURITIES FROM WATER BY MEANS OF A FINE PHYSICAL BARRIER, A CHEMICAL PROCESS OR A BIOLOGICAL PROCESS THAT WAS INSTALLED BY A PROFESSIONAL. § 2. This act shall take effect immediately and shall apply to taxable years beginning on or after January 1, 2018. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04282-03-8
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