Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2018 |
referred to cities returned to senate died in assembly |
Jun 14, 2017 |
referred to ways and means delivered to assembly passed senate |
Jun 05, 2017 |
advanced to third reading |
May 24, 2017 |
2nd report cal. |
May 23, 2017 |
1st report cal.1250 |
May 05, 2017 |
referred to cities |
Senate Bill S5916
2017-2018 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Cities 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
2017-S5916 (ACTIVE) - Details
- Current Committee:
- Senate Cities
- Law Section:
- General City Law
- Laws Affected:
- Amd §§25-z & 25-ee, Gen City L; amd §§22-622 & 22-624, NYC Ad Cd
2017-S5916 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5916 TITLE OF BILL : An act to amend the general city law and the administrative code of the city of New York, in relation to extending certain provisions relating to relocation and employment assistance credits SUMMARY OF PROVISIONS : Section 1 of the bill would amend subdivision (b) of Section 25-z of the General City Law to extend the generally applicable deadline for obtaining a certification of eligibility from the current date of July 1, 2017 to July 1, 2021. Section 2 of the bill would amend subdivision (b) of Section 25-ee of the General City Law to extend the generally applicable deadline for obtaining a certification of eligibility from the current date of July 1, 2017 to July 1, 2021. Sections 3 & 4 of the bill would make corresponding amendments to the Administrative Code of the City of New York. Section 5 of the bill provides for an immediate effective date. JUSTIFICATION :
2017-S5916 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5916 2017-2018 Regular Sessions I N S E N A T E May 5, 2017 ___________ Introduced by Sen. GOLDEN -- read twice and ordered printed, and when printed to be committed to the Committee on Cities AN ACT to amend the general city law and the administrative code of the city of New York, in relation to extending certain provisions relating to relocation and employment assistance credits THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision (b) of section 25-z of the general city law, as amended by section 35 of part A of chapter 20 of the laws of 2015, is amended to read as follows: (b) No eligible business shall be authorized to receive a credit under any local law enacted pursuant to this article until the premises with respect to which it is claiming the credit meet the requirements in the definition of eligible premises and until it has obtained a certif- ication of eligibility from the mayor of such city or an agency desig- nated by such mayor, and an annual certification from such mayor or an agency designated by such mayor as to the number of eligible aggregate employment shares maintained by such eligible business that may qualify for obtaining a tax credit for the eligible business' taxable year. Any written documentation submitted to such mayor or such agency or agencies in order to obtain any such certification shall be deemed a written instrument for purposes of section 175.00 of the penal law. Such local law may provide for application fees to be determined by such mayor or such agency or agencies. No such certification of eligibility shall be issued under any local law enacted pursuant to this article to an eligi- ble business on or after July first, two thousand [seventeen] TWENTY-ONE unless: (1) prior to such date such business has purchased, leased or entered into a contract to purchase or lease particular premises or a parcel on which will be constructed such premises or already owned such premises or parcel; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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