Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Jan 08, 2020 | referred to ways and means |
Jul 10, 2019 | print number 655a |
Jul 10, 2019 | amend (t) and recommit to ways and means |
Jan 09, 2019 | referred to ways and means |
Archive: Last Bill Status - In Assembly Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
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Actions
Bill Amendments
Co-Sponsors
Kenneth Zebrowski
Patricia Fahy
Jose Rivera
Jo Anne Simon
Multi-Sponsors
Michael J. Fitzpatrick
Yuh-Line Niou
A655 - Details
A655 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 655 2019-2020 Regular Sessions I N A S S E M B L Y (PREFILED) January 9, 2019 ___________ Introduced by M. of A. L. ROSENTHAL, ZEBROWSKI, FAHY, RIVERA, SIMON, GLICK, D'URSO, ENGLEBRIGHT, THIELE, WEPRIN, RAIA -- Multi-Sponsored by -- M. of A. NIOU, ORTIZ -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law and the environmental conservation law, in relation to establishing an oyster shell recycling tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 210-B of the tax law is amended by adding a new subdivision 53 to read as follows: 53. OYSTER SHELL RECYCLING CREDIT. A TAXPAYER SHALL BE ALLOWED A CRED- IT, TO BE COMPUTED AS HEREINAFTER PROVIDED AGAINST THE TAX IMPOSED BY THIS ARTICLE, FOR THE RECYCLING OF OYSTER SHELLS. THE AMOUNT OF THE CREDIT SHALL BE THE LESSER OF ONE THOUSAND DOLLARS, OR TEN CENTS MULTI- PLIED BY THE NUMBER OF POUNDS OF OYSTER SHELLS CERTIFIED BY THE NEW YORK STATE DEPARTMENT OF ENVIRONMENTAL CONSERVATION. THE CREDIT ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR SHALL NOT REDUCE THE TAX DUE FOR SUCH YEAR TO LESS THAN THE FIXED DOLLAR MINIMUM AMOUNT PRESCRIBED IN PARAGRAPH (D) OF SUBDIVISION ONE OF SECTION TWO HUNDRED TEN OF THIS ARTICLE. § 2. Section 606 of the tax law is amended by adding a new subsection (jjj) to read as follows: (JJJ) OYSTER SHELL RECYCLING CREDIT. (1) A TAXPAYER SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS HEREINAFTER PROVIDED AGAINST THE TAX IMPOSED BY THIS ARTICLE, FOR THE RECYCLING OF OYSTER SHELLS. (2) THE AMOUNT OF THE CREDIT SHALL BE THE LESSER OF ONE THOUSAND DOLLARS, OR TEN CENTS MULTIPLIED BY THE NUMBER OF POUNDS OF OYSTER SHELLS CERTIFIED BY THE NEW YORK STATE DEPARTMENT OF ENVIRONMENTAL CONSERVATION. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
Co-Sponsors
Kenneth Zebrowski
Patricia Fahy
Jose Rivera
Jo Anne Simon
Multi-Sponsors
Michael J. Fitzpatrick
Yuh-Line Niou
A655A (ACTIVE) - Details
A655A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 655--A 2019-2020 Regular Sessions I N A S S E M B L Y (PREFILED) January 9, 2019 ___________ Introduced by M. of A. L. ROSENTHAL, ZEBROWSKI, FAHY, RIVERA, SIMON, GLICK, D'URSO, ENGLEBRIGHT, THIELE, WEPRIN, RAIA, LENTOL, JACOBSON, STIRPE, FERNANDEZ, ORTIZ, BENEDETTO, CARROLL -- Multi-Sponsored by -- M. of A. FITZPATRICK, NIOU -- read once and referred to the Committee on Ways and Means -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law and the environmental conservation law, in relation to establishing a bivalve mollusk shell recycling tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 210-B of the tax law is amended by adding a new subdivision 54 to read as follows: 54. BIVALVE MOLLUSK SHELL RECYCLING CREDIT. A TAXPAYER SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS HEREINAFTER PROVIDED AGAINST THE TAX IMPOSED BY THIS ARTICLE, FOR THE RECYCLING OF BIVALVE MOLLUSK SHELLS. THE AMOUNT OF THE CREDIT SHALL BE THE LESSER OF ONE THOUSAND DOLLARS, OR TEN CENTS MULTIPLIED BY THE NUMBER OF POUNDS OF MOLLUSK SHELLS CERTIFIED BY THE NEW YORK STATE DEPARTMENT OF ENVIRONMENTAL CONSERVATION. THE CREDIT ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR SHALL NOT REDUCE THE TAX DUE FOR SUCH YEAR TO LESS THAN THE FIXED DOLLAR MINIMUM AMOUNT PRESCRIBED IN PARAGRAPH (D) OF SUBDIVISION ONE OF SECTION TWO HUNDRED TEN OF THIS ARTICLE. IN ORDER FOR A TAXPAYER TO QUALIFY FOR THIS CREDIT, THE SHELLS SHALL BE DONATED TO AN ENTITY OR ORGANIZATION PERMIT- TED BY THE DEPARTMENT OF ENVIRONMENTAL CONSERVATION TO REUSE SUCH SHELLS FOR THE BENEFICIAL USE OF OYSTER REEF RESTORATION. § 2. Section 606 of the tax law is amended by adding a new subsection (kkk) to read as follows: (KKK) BIVALVE MOLLUSK SHELL RECYCLING CREDIT. (1) A TAXPAYER SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS HEREINAFTER PROVIDED AGAINST THE TAX IMPOSED BY THIS ARTICLE, FOR THE RECYCLING OF BIVALVE MOLLUSK SHELLS. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets