|
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Jun 20, 2014 |
referred to ways and means delivered to assembly passed senate |
| Jun 19, 2014 |
ordered to third reading cal.1606 committee discharged and committed to rules |
| Jun 17, 2014 |
print number 5944b |
| Jun 17, 2014 |
amend and recommit to finance |
| Jun 02, 2014 |
reported and committed to finance |
| Jan 29, 2014 |
print number 5944a |
| Jan 29, 2014 |
amend and recommit to investigations and government operations |
| Jan 08, 2014 |
referred to investigations and government operations |
| Oct 02, 2013 |
referred to rules |
Senate Bill S5944B
2013-2014 Legislative Session
Sponsored By
(D) 15th Senate District
Archive: Last Bill Status - In Assembly Committee
- 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
Bill Amendments
2013-S5944 - Details
2013-S5944 - Sponsor Memo
BILL NUMBER:S5944
TITLE OF BILL:
An act
to amend the tax law, in relation to providing a tax credit for a
portion of the cost of
repairing certain fire hazards
PURPOSE OR GENERAL IDEA OF BILL:
Provides a tax credit to homeowners
who repair cock loft fire hazards in their homes.
SUMMARY OF SPECIFIC PROVISIONS:
Section 606 of the Tax Law is amended
by adding a new subsection (xx).
JUSTIFICATION:
This legislation is introduced as a result of a major
fire that took place in Brooklyn. It began as a single family home
fire which quickly spread down the entire block of homes because of
the existence of cock lofts which connected these houses. Homes on
the block were quickly consumed by the fire. If the cock lofts were
closed off, the devastation this fire caused would Probably not have
2013-S5944 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5944
2013-2014 Regular Sessions
I N S E N A T E
October 2, 2013
___________
Introduced by Sen. ADDABBO -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend the tax law, in relation to providing a tax credit for a
portion of the cost of repairing certain fire hazards
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 606 of the tax law is amended by adding a new
subsection (xx) to read as follows:
(XX) CREDIT FOR REPAIRING CERTAIN FIRE HAZARDS. ANY RESIDENT OWNER OF
REAL PROPERTY AS DEFINED IN SECTION ONE HUNDRED TWO OF THE REAL PROPERTY
TAX LAW SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHERWISE IMPOSED
UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO THE COST OF REPAIRING FIRE
HAZARDS COMMONLY KNOWN AS COCK LOFTS.
S 2. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2014.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11872-01-3
2013-S5944A - Details
2013-S5944A - Sponsor Memo
BILL NUMBER:S5944A
TITLE OF BILL: An act to amend the tax law, in relation to providing
a tax credit for a portion of the cost of repairing certain fire
hazards
PURPOSE OR GENERAL IDEA OF BILL:
Provides a tax credit to homeowners who repair cock loft fire hazards
in their homes.
SUMMARY OF SPECIFIC PROVISIONS:
Section 606 of the Tax Law is amended by adding a new subsection (xx)
JUSTIFICATION:
This legislation is introduced as a result of a major fires that have
taken place in Queens and Brooklyn. In these cases, the fire began in
a single family home fire which quickly spread down the entire block
of homes because of the existence of cock lofts which connected these
houses. Homes on the block were quickly consumed by the fire. If the
cock lofts were closed off, the devastation these fires caused would
probably not have been so great.
Row houses are no longer designed and built with cock lofts because of
2013-S5944A - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5944--A
2013-2014 Regular Sessions
I N S E N A T E
October 2, 2013
___________
Introduced by Sen. ADDABBO -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules -- recommitted to
the Committee on Investigations and Government Operations in accord-
ance 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 providing a tax credit for a
portion of the cost of repairing certain fire hazards
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subsections (yy) and (zz) of section 606 of the tax law,
as relettered by section 5 of part H of chapter 1 of the laws of 2003,
are relettered subsections (yyy) and (zzz) and a new subsection (xx) is
added to read as follows:
(XX) CREDIT FOR REPAIRING CERTAIN FIRE HAZARDS. ANY RESIDENT OWNER OF
REAL PROPERTY AS DEFINED IN SECTION ONE HUNDRED TWO OF THE REAL PROPERTY
TAX LAW SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHERWISE IMPOSED
UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO THE COST OF REPAIRING FIRE
HAZARDS COMMONLY KNOWN AS COCK LOFTS.
S 2. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2014.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11872-02-4
2013-S5944B (ACTIVE) - Details
2013-S5944B (ACTIVE) - Sponsor Memo
BILL NUMBER:S5944B
TITLE OF BILL: An act to amend the tax law, in relation to providing a
tax credit for a portion of the cost of repairing certain fire hazards
PURPOSE OR GENERAL IDEA OF BILL:
Provides a tax credit to homeowners who repair cock loft fire hazards in
their homes.
SUMMARY OF SPECIFIC PROVISIONS:
Section 606 of the Tax Law is amended by adding a new subsection (ccc)
to provide for a 30% refundable tax credit, up to a maximum of $500, for
repairing fire hazards commonly known as cocklofts, which are defined as
a completely enclosed space between the rafters and a suspended ceiling.
JUSTIFICATION:
This legislation is introduced as a result of a major fires that have
taken place in Queens and Brooklyn. In these cases, the fire began in a
single family home fire which quickly spread down the entire block of
homes because of the existence of cock lofts which connected these hous-
es. Homes on the block were quickly consumed by the fire. If the cock
lofts were closed off, the devastation these fires caused would probably
not have been so great.
2013-S5944B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5944--B
2013-2014 Regular Sessions
I N S E N A T E
October 2, 2013
___________
Introduced by Sen. ADDABBO -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules -- recommitted to
the Committee on Investigations and Government Operations in accord-
ance with Senate Rule 6, sec. 8 -- committee discharged, bill amended,
ordered reprinted as amended and recommitted to said committee --
reported favorably from said committee and committed to the Committee
on Finance -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee
AN ACT to amend the tax law, in relation to providing a tax credit for a
portion of the cost of repairing certain fire hazards
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 606 of the tax law is amended by adding a new
subsection (ccc) to read as follows:
(CCC) CREDIT FOR REPAIRING CERTAIN FIRE HAZARDS. (1) ANY RESIDENT
OWNER OF REAL PROPERTY AS DEFINED IN SECTION ONE HUNDRED TWO OF THE
REAL PROPERTY TAX LAW SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHER-
WISE IMPOSED UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO THIRTY PERCENT OF
THE COST OF REPAIRING FIRE HAZARDS COMMONLY KNOWN AS COCK LOFTS,
PROVIDED THAT SUCH CREDIT SHALL NOT EXCEED FIVE HUNDRED DOLLARS. FOR
PURPOSES OF THIS SECTION THE TERM "COCK LOFT" SHALL MEAN A COMPLETELY
ENCLOSED SPACE BETWEEN RAFTERS AND A SUSPENDED CEILING.
(2) IF THE AMOUNT OF THE CREDIT ALLOWED UNDER THIS SUBSECTION FOR ANY
TAXABLE YEAR SHALL EXCEED THE TAXPAYER'S TAX FOR SUCH YEAR, THE EXCESS
SHALL BE TREATED AS AN OVERPAYMENT OF TAX TO BE CREDITED OR REFUNDED IN
ACCORDANCE WITH THE PROVISIONS OF SECTION SIX HUNDRED EIGHTY-SIX OF THIS
ARTICLE, PROVIDED, HOWEVER, THAT NO INTEREST SHALL BE PAID THEREON.
S 2. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2014.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11872-05-4
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