S T A T E O F N E W Y O R K
________________________________________________________________________
1159
2021-2022 Regular Sessions
I N A S S E M B L Y
January 7, 2021
___________
Introduced by M. of A. BUTTENSCHON, LUPARDO, WOERNER, SAYEGH, WILLIAMS,
CRUZ, DICKENS, JONES, PICHARDO -- read once and referred to the
Committee on Ways and Means
AN ACT to amend the tax law, in relation to the farm workforce retention
credit
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision (e) of section 42 of the tax law, as added by
section 1 of part RR of chapter 60 of the laws of 2016, is amended to
read as follows:
(e) For taxable years beginning on or after January first, two thou-
sand seventeen and before January first, two thousand eighteen, the
amount of the credit allowed under this section shall be equal to the
product of the total number of eligible farm employees and two hundred
fifty dollars. For taxable years beginning on or after January first,
two thousand eighteen and before January first, two thousand nineteen,
the amount of the credit allowed under this section shall be equal to
the product of the total number of eligible farm employees and [three]
SIX hundred dollars. For taxable years beginning on or after January
first, two thousand nineteen and before January first, two thousand
twenty, the amount of the credit allowed under this section shall be
equal to the product of the total number of eligible farm employees and
[five] EIGHT hundred dollars. For taxable years beginning on or after
January first, two thousand twenty and before January first, two thou-
sand twenty-one, the amount of the credit allowed under this section
shall be equal to the product of the total number of eligible farm
employees and [four hundred] ONE THOUSAND dollars. For taxable years
beginning on or after January first, two thousand twenty-one and before
January first, two thousand twenty-two, the amount of the credit allowed
under this section shall be equal to the product of the total number of
eligible farm employees and [six hundred] ONE THOUSAND TWO HUNDRED
dollars.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00621-01-1