Assembly Bill A7705

Vetoed By Governor
2011-2012 Legislative Session

Makes permanent the qualified emerging technology company facilities, operations and training credit; repealer

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Sponsored By

Archive: Last Bill Status - 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

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Bill Amendments

co-Sponsors

2011-A7705 - Details

See Senate Version of this Bill:
S5633
Law Section:
Tax Law
Laws Affected:
Amd §§210, §606 sub§ (nn) ¶ 8, Tax L

2011-A7705 - Summary

Relates to the qualified emerging technology company facilities, operations and training credit.

2011-A7705 - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7705

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                              May 16, 2011
                               ___________

Introduced  by  M.  of  A.  LUPARDO,  SCHIMMINGER,  MORELLE, MAGNARELLI,
  GABRYSZAK -- read once and referred to the Committee on Ways and Means

AN ACT to repeal paragraph (h) of subdivision 12-G of  section  210  and
  paragraph 8 of subsection (nn) of section 606 of the tax law, relating
  to  the  qualified  emerging technology company facilities, operations
  and training credit

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

  Section 1. Paragraph (h) of subdivision 12-G of section 210 of the tax
law is REPEALED.
  S  2.  Paragraph 8 of subsection (nn) of section 606 of the tax law is
REPEALED.
  S 3. This act shall take effect immediately.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11013-01-1

co-Sponsors

2011-A7705A - Details

See Senate Version of this Bill:
S5633
Law Section:
Tax Law
Laws Affected:
Amd §§210, §606 sub§ (nn) ¶ 8, Tax L

2011-A7705A - Summary

Relates to the qualified emerging technology company facilities, operations and training credit.

2011-A7705A - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 7705--A

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                              May 16, 2011
                               ___________

Introduced  by  M.  of  A.  LUPARDO,  SCHIMMINGER,  MORELLE, MAGNARELLI,
  GABRYSZAK -- read once and referred to the Committee on Ways and Means
  -- committee discharged, bill amended, ordered  reprinted  as  amended
  and recommitted to said committee

AN  ACT  to  repeal paragraph (h) of subdivision 12-G of section 210 and
  paragraph 8 of subsection (nn) of section 606 of the tax law, relating
  to the qualified emerging technology  company  facilities,  operations
  and  training  credit; and providing for the repeal of such provisions
  upon expiration thereof

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

  Section 1. Paragraph (h) of subdivision 12-G of section 210 of the tax
law is REPEALED.
  S  2.  Paragraph 8 of subsection (nn) of section 606 of the tax law is
REPEALED.
  S 3. This act shall take effect immediately and shall  expire  and  be
deemed repealed five years after such effective date.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11013-02-1

co-Sponsors

2011-A7705B (ACTIVE) - Details

See Senate Version of this Bill:
S5633
Law Section:
Tax Law
Laws Affected:
Amd §§210, §606 sub§ (nn) ¶ 8, Tax L

2011-A7705B (ACTIVE) - Summary

Relates to the qualified emerging technology company facilities, operations and training credit.

2011-A7705B (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 7705--B

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                              May 16, 2011
                               ___________

Introduced  by  M.  of  A.  LUPARDO,  SCHIMMINGER,  MORELLE, MAGNARELLI,
  GABRYSZAK -- read once and referred to the Committee on Ways and Means
  -- committee discharged, bill amended, ordered  reprinted  as  amended
  and  recommitted to said committee -- again reported from said commit-
  tee with amendments, ordered reprinted as amended and  recommitted  to
  said committee

AN ACT to amend the tax law, in relation to qualified emerging technolo-
  gy company facilities, operations, and training credit

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

  Section 1. Paragraph (h) of subdivision 12-G of section 210 of the tax
law, as amended by section 1-a of part A of chapter 63 of  the  laws  of
2005, is amended to read as follows:
  (h)  The credit allowed under this subdivision shall not be applicable
for taxable years beginning on or  after  January  first,  two  thousand
[twelve] SEVENTEEN.
  S  2. Paragraph 8 of subsection (nn) of section 606 of the tax law, as
amended by section 1-a of part A of chapter 63 of the laws of  2005,  is
amended to read as follows:
  (8)  The  credit allowed under this subsection shall not be applicable
for taxable years beginning on or  after  January  first,  two  thousand
[twelve] SEVENTEEN.
  S 3. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2012.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11013-04-1

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