Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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---|---|
Jan 06, 2010 |
referred to investigations and government operations |
Feb 24, 2009 |
referred to investigations and government operations |
Senate Bill S2569
2009-2010 Legislative Session
Sponsored By
(D) 11th Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations 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
co-Sponsors
(D) Senate District
(D, WF) 28th Senate District
(D) Senate District
2009-S2569 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8032
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd ยงยง210, 606, 1456 & 1511, Tax L
2009-S2569 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2569 TITLE OF BILL : An act to amend the tax law, in relation to increasing the amount of a tax credit for automated external defibrillators PURPOSE OR GENERAL IDEA OF BILL : To encourage businesses to purchase automated external defibrillators by increasing the tax credit for the purchase of such a unit. SUMMARY OF SPECIFIC PROVISIONS : This bill amends subdivision 25 of section 210 of the tax law, as added by section 1 of part J of chapter 407 of the laws of 1999. JUSTIFICATION : Heart attacks are one of the nation's leading causes of death. Approximately 250,000 people die from sudden cardiac arrest every year. The odds of surviving such an attack in New York City are less than 2%. Every minute that passes without defibrillation reduces a victim's chance of survival by 10%. The key to survival is the speed of the response. Automated external defibrillators greatly increase a heart attack victim's chance of survival. The American Heart Association estimates that as many as 100,000 deaths could be prevented each year through
2009-S2569 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2569 2009-2010 Regular Sessions I N S E N A T E February 24, 2009 ___________ Introduced by Sens. STAVISKY, HUNTLEY, KRUEGER, ONORATO -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations AN ACT to amend the tax law, in relation to increasing the amount of a tax credit for automated external defibrillators THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 25 of section 210 of the tax law, as added by section 1 of part J of chapter 407 of the laws of 1999, is amended to read as follows: 25. Credit for purchase of an automated external defibrillator. A taxpayer shall be allowed a credit, to be computed as hereinafter provided, against the tax imposed by this article, for the purchase, other than for resale, of an automated external defibrillator, as such term is defined in section three thousand-b of the public health law. The amount of credit shall be the cost to the taxpayer of automated external defibrillators purchased during the taxable year, such credit not to exceed ONE THOUSAND five hundred dollars with respect to each unit purchased. The credit allowed under this subdivision for any taxa- ble year shall not reduce the tax due for such year to less than the higher of the amounts prescribed in paragraphs (c) and (d) of subdivi- sion one of this section. S 2. Subsection (s) of section 606 of the tax law, as added by section 3 of part J of chapter 407 of the laws of 1999, is amended to read as follows: (s) Credit for purchase of an automated external defibrillator. A taxpayer shall be allowed a credit as hereinafter provided, against the tax imposed by this article for the purchase, other than for resale, of an automated external defibrillator, as such term is defined in section three thousand-b of the public health law. The amount of credit shall be the cost to the taxpayer of automated external defibrillators purchased EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04689-01-9
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