senate Bill S293A

2021-2022 Legislative Session

Adds certain properties to the definition of a qualified historic home for the historic homeownership rehabilitation credit

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Rules 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 (14)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 17, 2022 reported and committed to rules
May 11, 2022 reported and committed to finance
May 02, 2022 print number 293a
May 02, 2022 amend and recommit to budget and revenue
Jan 05, 2022 referred to budget and revenue
returned to senate
died in assembly
Jun 01, 2021 referred to ways and means
delivered to assembly
passed senate
May 24, 2021 ordered to third reading cal.1263
committee discharged and committed to rules
May 04, 2021 reported and committed to finance
Jan 06, 2021 referred to budget and revenue

Votes

view votes

May 17, 2022 - Finance committee Vote

S293A
22
0
committee
22
Aye
0
Nay
0
Aye with Reservations
1
Absent
0
Excused
0
Abstained
show Finance committee vote details

May 11, 2022 - Budget and Revenue committee Vote

S293A
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: May 11, 2022

May 24, 2021 - Rules committee Vote

S293
19
0
committee
19
Aye
0
Nay
2
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show committee vote details

May 4, 2021 - Budget and Revenue committee Vote

S293
6
0
committee
6
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show committee vote details

Committee Vote: May 4, 2021

aye wr (1)

S293 - Details

See Assembly Version of this Bill:
A7868
Current Committee:
Senate Rules
Law Section:
Tax Law
Laws Affected:
Amd §606, Tax L
Versions Introduced in 2019-2020 Legislative Session:
S8077

S293 - Summary

Relates to adding certain properties located in a city of one million or more to the definition of a qualified historic home for the historic homeownership rehabilitation credit.

S293 - Sponsor Memo

S293 - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    293
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by  Sen.  MYRIE  -- 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 adding certain properties to
   the definition of a qualified historic home for the historic  homeown-
   ership rehabilitation credit
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Clause  (iv)  of  subparagraph  (A)  of  paragraph  5  of
 subsection (pp) of section 606 of the tax law, as amended by section 3-a
 of  part  U  of  chapter  59  of the laws of 2019, is amended to read as
 follows:
   (iv) (1) which is in whole or in part a targeted area residence within
 the meaning of section 143(j) of the internal revenue code;  or  (2)  is
 located  within  a census tract which is identified as being at or below
 one hundred percent of the state median family income in the most recent
 federal census; or (3) which is located in a city with a  population  of
 less  than one million with a poverty rate greater than fifteen percent,
 rounded to the nearest whole number, in the most recent five year  esti-
 mate  from  the American community survey published by the United States
 census bureau; OR (4) IS LOCATED IN A CITY  WITH  A  POPULATION  GREATER
 THAN  ONE MILLION, IN A QUALIFYING CENSUS TRACT AS OF JANUARY FIRST, TWO
 THOUSAND SEVENTEEN, AND WAS OWNED BY THE APPLICANT ON JANUARY FIRST, TWO
 THOUSAND TEN.
   § 2. This act shall take effect immediately and shall apply to taxable
 years beginning on and after January 1, 2021.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02368-01-1

S293A (ACTIVE) - Details

See Assembly Version of this Bill:
A7868
Current Committee:
Senate Rules
Law Section:
Tax Law
Laws Affected:
Amd §606, Tax L
Versions Introduced in 2019-2020 Legislative Session:
S8077

S293A (ACTIVE) - Summary

Relates to adding certain properties located in a city of one million or more to the definition of a qualified historic home for the historic homeownership rehabilitation credit.

S293A (ACTIVE) - Sponsor Memo

S293A (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  293--A
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by  Sen.  MYRIE  -- read twice and ordered printed, and when
   printed to be committed to the Committee  on  Budget  and  Revenue  --
   recommitted  to the Committee on Budget and Revenue in accordance with
   Senate Rule 6, sec. 8 -- committee discharged, bill  amended,  ordered
   reprinted as amended and recommitted to said committee
 
 AN ACT to amend the tax law, in relation to adding certain properties to
   the  definition of a qualified historic home for the historic homeown-
   ership rehabilitation credit
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Clause  (iv)  of  subparagraph  (A)  of  paragraph  5  of
 subsection (pp) of section 606 of the tax law, as amended by section 3-a
 of part U of chapter 59 of the laws of  2019,  is  amended  to  read  as
 follows:
   (iv) (1) which is in whole or in part a targeted area residence within
 the  meaning  of  section 143(j) of the internal revenue code; or (2) is
 located within a census tract which is identified as being at  or  below
 one hundred percent of the state median family income in the most recent
 federal  census;  or (3) which is located in a city with a population of
 less than one million with a poverty rate greater than fifteen  percent,
 rounded  to the nearest whole number, in the most recent five year esti-
 mate from the American community survey published by the  United  States
 census  bureau;  OR  (4)  IS LOCATED IN A CITY WITH A POPULATION GREATER
 THAN ONE MILLION, IN A QUALIFYING CENSUS TRACT AS OF JANUARY FIRST,  TWO
 THOUSAND SEVENTEEN, AND WAS OWNED BY THE APPLICANT ON JANUARY FIRST, TWO
 THOUSAND TEN.
   § 2. This act shall take effect immediately and shall apply to taxable
 years beginning on and after January 1, 2023.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02368-02-2

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