Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 17, 2012 |
approval memo.9 signed chap.430 |
Aug 06, 2012 |
delivered to governor |
Jun 21, 2012 |
returned to senate passed assembly ordered to third reading rules cal.594 substituted for a10732 |
Jun 21, 2012 |
substituted by s7484a rules report cal.594 reported reported referred to rules |
Jun 18, 2012 |
referred to ways and means |
Assembly Bill A10732
Signed By Governor2011-2012 Legislative Session
Sponsored By
SKARTADOS
Archive: Last Bill Status Via S7484 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2011-A10732 (ACTIVE) - Details
- See Senate Version of this Bill:
- S7484
- Law Section:
- Taxation
2011-A10732 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10732 I N A S S E M B L Y June 18, 2012 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Skartados) -- read once and referred to the Committee on Ways and Means AN ACT in relation to a certain agreement for a payment in lieu of taxes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding the provisions of subdivision (e) of section 15 of the tax law, any payment in lieu of taxes made by a quali- fied empire zone enterprise to the state, a municipal corporation, or a public benefit corporation pursuant to its lease agreement for property located at 176 Rinaldi Boulevard, Poughkeepsie, New York with a landlord that is a party to a payment in lieu of taxes agreement between the landlord and the state, municipal corporation, or public benefit corpo- ration shall be deemed, for the purposes of subdivision (e) of section 15 of the tax law, to have been made pursuant to a payment in lieu of taxes agreement with the state, municipal corporation, or public benefit corporation. Such qualified empire zone enterprise shall be eligible to claim the real property tax credit provided by section 15 of the tax law provided that for each of such periods, the landlord has not filed a claim for the real property tax credit for such payments nor made a payment in lieu of taxes to the state, municipal corporation, or public benefit corporation pursuant to its agreement with the state, municipal corporation, or public benefit corporation for such payments. Notwith- standing any section of law to the contrary, such credit shall be based upon the payments in lieu of taxes and employment of the tenant. S 2. This act shall take effect immediately and shall apply to taxable years beginning on and after January 1, 2008. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD16007-03-2
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