|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|May 07, 2018||referred to ways and means|
delivered to assembly
|May 01, 2018||ordered to third reading cal.931|
committee discharged and committed to rules
|Feb 13, 2018||reported and committed to finance|
|Jan 11, 2018||referred to investigations and government operations|
senate Bill S7384
Archive: Last Bill Status - Passed Senate
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S7384 - Details
S7384 - Sponsor Memo
BILL NUMBER: S7384 SPONSOR: LITTLE TITLE OF BILL: An act to amend the tax law, in relation to a credit for employment of persons who are in recovery with an office of alcoholism and substance abuse services approved rehabilitation center PURPOSE: To provide a tax credit for employers to employ persons who are in recovery with an Office of Alcoholism and Substance Abuse Services approved rehabilitation center. SUMMARY OF PROVISIONS: Section 1 amends the tax law to add a new section 187-t to create a tax credit for employers who employee persons in certified recovery programs.
S7384 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7384 I N S E N A T E January 11, 2018 ___________ Introduced by Sen. LITTLE -- 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 a credit for employment of persons who are in recovery with an office of alcoholism and substance abuse services approved rehabilitation center THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The tax law is amended by adding a new section 187-t to read as follows: § 187-T. CREDIT FOR EMPLOYMENT OF PERSONS WHO ARE IN RECOVERY WITH AN OFFICE OF ALCOHOLISM AND SUBSTANCE ABUSE SERVICES APPROVED REHABILI- TATION CENTER. 1. ALLOWANCE OF CREDIT. A TAXPAYER SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS HEREINAFTER PROVIDED, AGAINST THE TAXES IMPOSED BY THIS ARTICLE, OTHER THAN THE TAXES IMPOSED BY SECTIONS ONE HUNDRED EIGHTY-SIX-A AND ONE HUNDRED EIGHTY-SIX-E OF THIS ARTICLE, FOR EMPLOYING WITHIN THE STATE A QUALIFIED EMPLOYEE. PROVIDED, HOWEVER, THE AMOUNT OF CREDIT ALLOWED BY THIS SECTION AGAINST THE TAX IMPOSED BY SECTION ONE HUNDRED EIGHTY-FOUR OF THIS ARTICLE SHALL BE THE EXCESS OF THE CREDIT COMPUTED UNDER THIS SECTION OVER THE AMOUNT OF CREDIT ALLOWED BY THIS SECTION AGAINST THE TAX IMPOSED BY SECTION ONE HUNDRED EIGHTY- THREE OF THIS ARTICLE. 2. QUALIFIED EMPLOYEE. A QUALIFIED EMPLOYEE IS AN INDIVIDUAL WHO: (A) IS IN RECOVERY WITH AN OFFICE OF ALCOHOLISM AND SUBSTANCE ABUSE SERVICES APPROVED REHABILITATION CENTER; AND (B) HAS WORKED ON A FULL-TIME BASIS FOR THE EMPLOYER WHO IS CLAIMING THE CREDIT FOR AT LEAST ONE HUNDRED EIGHTY DAYS OR FOUR HUNDRED HOURS. 3. AMOUNT OF CREDIT. EXCEPT AS PROVIDED IN SUBDIVISION FOUR OF THIS SECTION, THE AMOUNT OF CREDIT UNDER THIS SECTION SHALL BE THIRTY-FIVE PERCENT OF THE FIRST SIX THOUSAND DOLLARS IN QUALIFIED FIRST-YEAR WAGES EARNED BY EACH QUALIFIED EMPLOYEE. "QUALIFIED FIRST-YEAR WAGES" MEANS WAGES PAID OR INCURRED BY THE TAXPAYER DURING THE TAXABLE YEAR TO QUALI- FIED EMPLOYEES WHICH ARE ATTRIBUTABLE, WITH RESPECT TO ANY SUCH EMPLOY- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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