Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2016 |
referred to ways and means |
Jan 23, 2015 |
referred to ways and means |
Assembly Bill A3497
2015-2016 Legislative Session
Sponsored By
WRIGHT
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
co-Sponsors
Andrew Goodell
2015-A3497 (ACTIVE) - Details
2015-A3497 (ACTIVE) - Summary
Provides a tax credit of $1,000 against special additional mortgage tax and article 9-A (franchise tax on business corporations) for each employee employed in excess of one year at minimum wage for thirty hours per week who was a public assistance recipient for at least two years immediately preceding the commencement of such employment.
2015-A3497 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3497 2015-2016 Regular Sessions I N A S S E M B L Y January 23, 2015 ___________ Introduced by M. of A. WRIGHT -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to providing a tax credit for employers who employ workers who were receiving public assistance THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The tax law is amended by adding a new section 200 to read as follows: S 200. EMPLOYMENT OF CERTAIN WORKERS; CREDIT. EVERY CORPORATION, COMPANY, ASSOCIATION OR TAXPAYER REQUIRED BY SECTION ONE HUNDRED EIGHT- Y-SEVEN OR ARTICLE NINE-A OF THIS CHAPTER TO PAY A TAX WHICH SHALL EMPLOY, FOR A PERIOD IN EXCESS OF ONE YEAR, ANY WORKER AS A FULL-TIME EMPLOYEE FOR NO LESS THAN THIRTY HOURS PER WEEK (EXCLUDING VACATION, SICK TIME OR SIMILAR EXCEPTIONS) AND WHO IS PAID BY SUCH CORPORATION, COMPANY, ASSOCIATION OR TAXPAYER NO LESS THAN THE MINIMUM WAGE AS PRESCRIBED BY ARTICLE NINETEEN OF THE LABOR LAW, AND WHO WAS RECEIVING PUBLIC ASSISTANCE FOR TWO YEARS OR MORE IMMEDIATELY PRECEDING THE COMMENCEMENT OF SUCH EMPLOYMENT SHALL BE ENTITLED TO A CREDIT AGAINST SUCH TAX OF ONE THOUSAND DOLLARS FOR EACH SUCH EMPLOYEE. S 2. This act shall take effect immediately and shall apply to all taxable years beginning after the thirty-first of December in the year this act takes effect. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04785-01-5
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.