Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Nov 14, 2013 |
tabled |
Nov 13, 2013 |
vetoed memo.245 |
Nov 01, 2013 |
delivered to governor |
Jun 18, 2013 |
returned to assembly passed senate 3rd reading cal.1462 substituted for s5691 |
Jun 18, 2013 |
substituted by a7425 ordered to third reading cal.1462 committee discharged and committed to rules |
Jun 05, 2013 |
referred to investigations and government operations |
Senate Bill S5691
Vetoed By Governor2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status Via A7425 - Vetoed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Vetoed By Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(R, C) Senate District
(R, C, IP) Senate District
(D) Senate District
2013-S5691 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7425
- Law Section:
- Tax Law
- Laws Affected:
- Amd ยง24, Tax L
2013-S5691 (ACTIVE) - Sponsor Memo
BILL NUMBER:S5691 TITLE OF BILL: An act to amend the tax law, in relation to requiring that services eligible for the empire state film production tax credit take place in certain counties PURPOSE: To expand the upstate areas which are eligible for participation in the Empire State Film Production Tax Credit program. SUMMARY OF PROVISIONS: The bill amends Section 24(a)(5) of the Tax Law, as added by section 7 of part B of chapter 59 of the laws of 2013, to include Albany, Columbia, Dutchess, Greene, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Sullivan, Ulster, Warren and Washington as counties in which film production companies are eligible to receive a tax credit for their services performed. JUSTIFICATION: The Empire State Film Tax Credit, as enhanced under the 2013-14 state budget, is an important initiative to encourage film and TV production in New York State. Such activities provide significant economic benefits to the State. While most of the current tax credits awarded
2013-S5691 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5691 2013-2014 Regular Sessions I N S E N A T E June 5, 2013 ___________ Introduced by Sen. FARLEY -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to requiring that services eligible for the empire state film production tax credit take place in certain counties THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 5 of subdivision (a) of section 24 of the tax law, as added by section 7 of part B of chapter 59 of the laws of 2013, is amended to read as follows: (5) For the period two thousand fifteen through two thousand nineteen, in addition to the amount of credit established in paragraph two of this subdivision, a taxpayer shall be allowed a credit equal to the product (or pro rata share of the product, in the case of a member of a partner- ship) of ten percent and the amount of wages or salaries paid to indi- viduals directly employed (excluding those employed as writers, direc- tors, music directors, producers and performers, including background actors with no scripted lines) by a qualified film production company or a qualified independent film production company for services performed by those individuals in one of the counties specified in this paragraph in connection with a qualified film with a minimum budget of five hundred thousand dollars. For purposes of this additional credit, the services must be performed in one or more of the following counties: ALBANY, Allegany, Broome, Cattaraugus, Cayuga, Chautauqua, Chemung, Chenango, Clinton, COLUMBIA, Cortland, Delaware, DUTCHESS, Erie, Essex, Franklin, Fulton, Genesee, GREENE, Hamilton, Herkimer, Jefferson, Lewis, Livingston, Madison, Monroe, Montgomery, Niagara, Oneida, Onondaga, Ontario, ORANGE, Orleans, Oswego, Otsego, PUTNAM, RENSSELAER, ROCKLAND, SARATOGA, SCHENECTADY, Schoharie, Schuyler, Seneca, St. Lawrence, Steu- ben, SULLIVAN, Tioga, Tompkins, ULSTER, WARREN, WASHINGTON, Wayne, Wyom- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10749-02-3
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