A10593-2011 - NY Senate Open Legislation - Provides that certain tax credits shall not apply if the certificate of remediation required to qualify for such credits is issued after December 31, 2015

Bill A10593-2011

Provides that certain tax credits shall not apply if the certificate of remediation required to qualify for such credits is issued after December 31, 2015

Provides that certain tax credits shall not apply if the certificate of remediation required to qualify for such credits is issued after December 31, 2015.

Details

Same as: S7788-2011
Versions A10593-2011
Sponsor:RULES COM Sweeney
Committee: RULES
Law Section: Tax Law
Law: Amd Part H §31, Chap 1 of 2003

Actions

Oct 3, 2012: signed chap.474
Sep 21, 2012: delivered to governor
Jun 21, 2012: RETURNED TO ASSEMBLY
Jun 21, 2012: PASSED SENATE
Jun 21, 2012: 3RD READING CAL.1522
Jun 21, 2012: SUBSTITUTED FOR S7788
Jun 18, 2012: REFERRED TO RULES
Jun 18, 2012: delivered to senate
Jun 18, 2012: passed assembly
Jun 14, 2012: ordered to third reading rules cal.278
Jun 14, 2012: rules report cal.278
Jun 14, 2012: reported
Jun 13, 2012: reported referred to rules
Jun 7, 2012: referred to ways and means

Votes

VOTE: FLOOR VOTE: - Jun 21, 2012

Ayes (60): Adams, Addabbo, Alesi, Avella, Ball, Bonacic, Breslin, Carlucci, DeFrancisco, Diaz, Dilan, Duane, Farley, Flanagan, Fuschillo, Gallivan, Gianaris, Golden, Griffo, Grisanti, Hannon, Hassell-Thomps, Johnson, Kennedy, Klein, Krueger, Lanza, Larkin, LaValle, Libous, Little, Marcellino, Martins, Maziarz, McDonald, Montgomery, Nozzolio, O'Mara, Oppenheimer, Parker, Peralta, Perkins, Ranzenhofer, Ritchie, Rivera, Robach, Saland, Sampson, Savino, Serrano, Seward, Skelos, Smith, Squadron, Stavisky, Stewart-Cousin, Storobin, Valesky, Young, Zeldin
Excused (2): Espaillat, Huntley

Text


STATE OF NEW YORK
________________________________________________________________________

10593

IN ASSEMBLY

June 7, 2012
___________

Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Sweeney) --
  read once and referred to the Committee on Ways and Means

AN ACT to amend part H of chapter 1 of the laws of  2003,  amending  the
  tax  law  relating to brownfield redevelopment tax credits, remediated
  brownfield credit for real property  taxes  for  qualified  sites  and
  environmental  remediation insurance credits, in relation to extending
  certain provisions thereof

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Section  31  of  part H of chapter 1 of the laws of 2003,
amending the tax law relating to brownfield redevelopment  tax  credits,
remediated brownfield credit for real property taxes for qualified sites
and  environmental  remediation insurance credits, is amended to read as
follows:
  S 31. The tax credits allowed under section 21, 22 or 23  of  the  tax
law  and  the corresponding provisions in articles 9, 9-A, 22, 32 and 33
of the tax law, as added by the provisions of sections one through twen-
ty-nine of this act, shall not be applicable if the remediation  certif-
icate  required  to  qualify  for  any  of  such credits is issued after
[March] DECEMBER 31, 2015.
  S 2. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD16131-01-2

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