Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to investigations and government operations |
Oct 09, 2013 |
print number 1708a |
Oct 09, 2013 |
amend and recommit to investigations and government operations |
Jan 09, 2013 |
referred to investigations and government operations |
Senate Bill S1708A
2013-2014 Legislative Session
Sponsored By
(R, IP) 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
Bill Amendments
co-Sponsors
(R) Senate District
2013-S1708 - Details
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd §§21, 22 & 23, Tax L; rpld part H §31, Chap 1 of 2003
- Versions Introduced in 2011-2012 Legislative Session:
-
S6942
2013-S1708 - Sponsor Memo
BILL NUMBER:S1708 TITLE OF BILL: An act to amend the tax law, in relation to brownfield site cleanup; and to repeal section 31 of part H of chapter 1 of the laws of 2003 amending the tax law relating to brownfield redevelopment tax credits, relating thereto PURPOSE: To eliminate the sunset of the brownfields program; to extend time frames in relation to environmental zone designations; and to increase the tax credits allowed for environmental remediation insurance issued with respect to a qualified site. SUMMARY OF SPECIFIC PROVISIONS: Sections 1 and 2 amend the Tax Law in relation to environmental zones. The definition of "environmental zone" is amended to incorporate data from the most recent census. Time frames with respect to environmental zone designations are extended from two thousand ten to the year two thousand thirteen. Section 3 amends the Tax Law by increasing the tax credits allowed for
2013-S1708 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1708 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sens. GRISANTI, MAZIARZ -- 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 brownfield site cleanup; and to repeal section 31 of part H of chapter 1 of the laws of 2003 amend- ing the tax law relating to brownfield redevelopment tax credits, relating thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 6 of subdivision (b) of section 21 of the tax law, as amended by section 1 of part H of chapter 577 of the laws of 2004, subparagraph (B) and the closing paragraph as amended by section 1 of part G of chapter 62 of the laws of 2006, is amended to read as follows: (6) Environmental zones (EN-Zones). An "environmental zone" shall mean an area designated as such by the commissioner of economic development. Such areas so designated are areas which are census tracts and block numbering areas which, as of the [two thousand] MOST RECENT census, satisfy either of the following criteria: (A) areas that have both: (i) a poverty rate of at least twenty percent for the year to which the data relate; and (ii) an unemployment rate of at least one and one-quarter times the statewide unemployment rate for the year to which the data relate, or; (B) areas that have a poverty rate of at least two times the poverty rate for the county in which the areas are located for the year to which the data relate [provided, however, that a qualified site shall only be deemed to be located in an environmental zone under this subparagraph (B) if such site was the subject of a brownfield site cleanup agreement EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02997-01-3
co-Sponsors
(R) Senate District
2013-S1708A (ACTIVE) - Details
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd §§21, 22 & 23, Tax L; rpld part H §31, Chap 1 of 2003
- Versions Introduced in 2011-2012 Legislative Session:
-
S6942
2013-S1708A (ACTIVE) - Sponsor Memo
BILL NUMBER:S1708A TITLE OF BILL: An act to amend the tax law, in relation to brownfield site cleanup; and to repeal section 31 of part H of chapter 1 of the laws of 2003 amending the tax law relating to brownfield redevelopment tax credits, relating thereto PURPOSE: To eliminate the sunset of the brownfields program; to extend time frames in relation to environmental zone designations; and to increase the tax credits allowed for environmental remediation insurance issued with respect to a qualified site. SUMMARY OF SPECIFIC PROVISIONS: Sections 1 and 2 amend the Tax Law in relation to environmental zones. The definition of "environmental zone" is amended to incorporate data from the most recent census. Time frames with respect to environmental zone designations are extended from 2010 to the 2014. Section 3 amends the Tax Law by increasing the tax credits allowed for environmental remediation insurance issued with respect to a qualified site from thirty thousand to ninety thousand dollars. Section 4 repeals section 31 of part H of chapter 1 of the laws of
2013-S1708A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1708--A 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sens. GRISANTI, MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to brownfield site cleanup; and to repeal section 31 of part H of chapter 1 of the laws of 2003 amend- ing the tax law relating to brownfield redevelopment tax credits, relating thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 6 of subdivision (b) of section 21 of the tax law, as amended by section 1 of part H of chapter 577 of the laws of 2004, subparagraph (B) and the closing paragraph as amended by section 1 of part G of chapter 62 of the laws of 2006, is amended to read as follows: (6) Environmental zones (EN-Zones). An "environmental zone" shall mean an area designated as such by the commissioner of economic development. Such areas so designated are areas which are census tracts and block numbering areas which, as of the [two thousand] MOST RECENT census, satisfy either of the following criteria: (A) areas that have both: (i) a poverty rate of at least twenty percent for the year to which the data relate; and (ii) an unemployment rate of at least one and one-quarter times the statewide unemployment rate for the year to which the data relate, or; (B) areas that have a poverty rate of at least two times the poverty rate for the county in which the areas are located for the year to which the data relate [provided, however, that a qualified site shall only be deemed to be located in an environmental zone under this subparagraph (B) if such site was the subject of a brownfield site cleanup agreement EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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