Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 27, 2020 |
referred to budget and revenue |
Senate Bill S8248
2019-2020 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Budget And Revenue 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, C) 53rd Senate District
2019-S8248 (ACTIVE) - Details
- Current Committee:
- Senate Budget And Revenue
- Law Section:
- Tax Law
- Laws Affected:
- Amd §606, Tax L
2019-S8248 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8248 SPONSOR: RITCHIE TITLE OF BILL: An act to amend the tax law, in relation to establishing a tax credit for essential retail employees during the novel coronavirus (COVID-19) outbreak PURPOSE OR GENERAL IDEA OF BILL: The purpose of this article is to provide a temporary tax credit for essential retail employees who remain on the job during the COVID-19 outbreak. SUMMARY OF SPECIFIC PROVISIONS: Section 1 creates a new exemption in Section 606 of the Tax Law to provide a short-term tax credit for essential retail employees defined in the bill for the period beginning February 15 through June 15.
2019-S8248 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8248 I N S E N A T E April 27, 2020 ___________ Introduced by Sen. RITCHIE -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law, in relation to establishing a tax credit for essential retail employees during the novel coronavirus (COVID-19) outbreak THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 606 of the tax law is amended by adding a new subsection (kkk) to read as follows: (KKK) RETAIL EMPLOYEE TAX CREDIT. (1) A TAXPAYER WHO IS AN EMPLOYEE OF AN ESSENTIAL RETAIL BUSINESS THAT PROVIDES SERVICES IN A COUNTY THAT HAS AT LEAST ONE CONFIRMED CASE OF NOVEL CORONAVIRUS (COVID-19) SHALL BE ALLOWED A CREDIT AGAINST THE TAX IMPOSED BY THIS ARTICLE EQUAL TO THE ENTIRE AMOUNT OF TAX OWED FOR THE APPLICABLE PERIOD. (2) FOR THE PURPOSE OF THIS SUBSECTION THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (I) "ESSENTIAL RETAIL BUSINESS" SHALL MEAN: (A) GROCERY STORES INCLUDING ALL FOOD AND BEVERAGE STORES; (B) PHARMACIES; (C) CONVENIENCE STORES; (D) FARMER'S MARKETS; (E) RESTAURANTS AND BARS PROVIDING TAKEOUT AND/OR DELIVERY; (F) HARDWARE, APPLIANCE, AND BUILDING MATERIAL STORES; (G) PET FOOD STORES; (H) TELECOMMUNICATION COMPANIES SERVICING EXISTING CUSTOMERS AND ACCOUNTS; (I) NON-ESSENTIAL RETAIL ESTABLISHMENTS PROVIDING DELIVERY ORDERS FOR ORDERS PLACED VIA PHONE OR THROUGH OTHER ELECTRONIC MEANS, PROVIDED THAT ONLY ONE EMPLOYEE IS PHYSICALLY PRESENT AT SUCH ESTABLISHMENT TO FULFILL SUCH ORDERS; AND (J) ANY OTHER RETAIL ESTABLISHMENT DEEMED BY THE GOVERNOR TO BE ESSEN- TIAL BY EXECUTIVE ORDER. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD16196-02-0
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