Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to investigations and government operations |
Jan 18, 2013 |
referred to investigations and government operations |
Senate Bill S2515
2013-2014 Legislative Session
Sponsored By
(R, C, 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
co-Sponsors
(R) Senate District
2013-S2515 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A3870
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd ยงยง210 & 606, Tax L
2013-S2515 (ACTIVE) - Sponsor Memo
BILL NUMBER:S2515 TITLE OF BILL: An act to amend the tax law, in relation to establishing the retail gas station electric generator tax credit PURPOSE: This bill would provide taxpayers that own retail motor fuel and diesel motor fuel filling stations in the state with a refundable tax credit for the purchase and installation of an emergency electric generator that is capable of providing emergency power to the fuel pumps at the filling station. SUMMARY OF PROVISIONS: Section 1 of the bill amends section 210 of the Tax law to provide a refundable credit to business corporation taxpayers that own motor fuel and diesel motor fuel filling stations that sell motor fuel and diesel motor fuel at retail for purchasing and installing an emergency electric generator at a filling station. The emergency electric generator must be capable of providing emergency power to the fuel pumps. Section 2 of the bill amends section 606 of the Tax law to provide a refundable credit to S Corporation taxpayers that own motor fuel and diesel motor fuel filling stations that sell motor fuel and diesel motor fuel at retail for purchasing and installing an emergency electric generator at a filling station. The emergency electric
2013-S2515 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2515 2013-2014 Regular Sessions I N S E N A T E January 18, 2013 ___________ Introduced by Sens. GOLDEN, 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 establishing the retail gas station electric generator tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 210 of the tax law is amended by adding a new subdivision 46 to read as follows: 46. RETAIL GAS STATION ELECTRIC GENERATOR TAX CREDIT. (A) ALLOWANCE OF CREDIT. A TAXPAYER WHO IS ENGAGED IN THE BUSINESS OF SELLING MOTOR FUEL OR DIESEL MOTOR FUEL AT RETAIL SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN PARAGRAPH (C) OF THIS SUBDIVISION, AGAINST THE TAX IMPOSED BY THIS ARTICLE FOR THE PURCHASE AND INSTALLATION OF AN EMERGEN- CY ELECTRIC GENERATOR THAT IS CAPABLE OF PROVIDING EMERGENCY POWER TO FUEL PUMPS AT A FILLING STATION OWNED BY THE TAXPAYER THAT IS LOCATED IN THIS STATE. A TAXPAYER MAY CLAIM CREDIT PURSUANT TO THIS SUBDIVISION FOR EACH EMERGENCY ELECTRIC GENERATOR INSTALLED AT A FILLING STATION OWNED BY THE TAXPAYER THAT IS LOCATED IN THIS STATE; PROVIDED, HOWEVER, THAT THE TAXPAYER SHALL NOT CLAIM MORE THAN ONE CREDIT FOR ANY ONE FILLING STATION. (B) DEFINITIONS. FOR PURPOSES OF THIS SUBDIVISION, THE FOLLOWING DEFI- NITIONS SHALL APPLY: (1) "AT RETAIL" SHALL MEAN A FILLING STATION WHERE SUCH FUEL IS STORED PRIMARILY FOR SALE BY DELIVERY DIRECTLY INTO THE ORDINARY FUEL TANK CONNECTED WITH THE ENGINE OF A MOTOR VEHICLE TO BE CONSUMED IN THE OPER- ATION OF SUCH MOTOR VEHICLE OR WHERE SUCH FUEL IS STORED PRIMARILY FOR SALE BY DELIVERY DIRECTLY INTO THE ORDINARY FUEL TANK CONNECTED WITH THE ENGINE OF A VESSEL TO BE CONSUMED IN THE OPERATION OF SUCH VESSEL. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07749-01-3 S. 2515 2
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