senate Bill S114

2021-2022 Legislative Session

Provides a deduction against adjusted gross income for dues paid by small businesses to chambers of commerce

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Budget And Revenue Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 05, 2022 referred to budget and revenue
Feb 02, 2021 reported and committed to finance
Jan 06, 2021 referred to budget and revenue

Votes

view votes

Feb 2, 2021 - Budget and Revenue committee Vote

S114
7
0
committee
7
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Budget and Revenue committee vote details

Budget and Revenue Committee Vote: Feb 2, 2021

Co-Sponsors

S114 (ACTIVE) - Details

See Assembly Version of this Bill:
A598
Current Committee:
Senate Budget And Revenue
Law Section:
Tax Law
Laws Affected:
Amd §612, Tax L
Versions Introduced in 2019-2020 Legislative Session:
S7354, A10491

S114 (ACTIVE) - Summary

Provides a deduction against adjusted gross income for dues paid by small businesses to chambers of commerce.

S114 (ACTIVE) - Sponsor Memo

S114 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    114
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Budget and Revenue
 
 AN ACT to amend the tax  law,  in  relation  to  providing  a  deduction
   against  adjusted  gross  income  for dues paid by small businesses to
   chambers of commerce
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Subsection (c) of section 612 of the tax law is amended by
 adding a new paragraph 43 to read as follows:
   (43) IN THE CASE OF A TAXPAYER WHO IS  A  SMALL  BUSINESS,  AN  AMOUNT
 EQUAL  TO  THE AMOUNT PAID BY SUCH TAXPAYER AS DUES TO THE LOCAL CHAMBER
 OF COMMERCE WITHIN WHICH SUCH BUSINESS IS LOCATED,  PROVIDED  THAT  SUCH
 CHAMBER  OF  COMMERCE IS INCORPORATED UNDER SECTION FOURTEEN HUNDRED TEN
 OF THE NOT-FOR-PROFIT CORPORATION LAW. THE AMOUNT DEDUCTIBLE PURSUANT TO
 THIS PARAGRAPH SHALL NOT INCLUDE ANY PORTION OF THE AMOUNT OF DUES  PAID
 BY THE TAXPAYER THAT ARE USED OR INTENDED TO BE USED FOR THE PURPOSES OF
 LOBBYING.    FOR  PURPOSES  OF THIS PARAGRAPH, THE TERM "SMALL BUSINESS"
 SHALL MEAN A BUSINESS WITH FIFTY EMPLOYEES OR LESS.
   § 2. This act shall take effect immediately and shall apply to taxable
 years beginning on or after January 1, 2023.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01289-01-1


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