Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to ways and means |
May 12, 2021 |
print number 6870b |
May 12, 2021 |
amend and recommit to ways and means |
May 07, 2021 |
print number 6870a |
May 07, 2021 |
amend and recommit to ways and means |
Apr 13, 2021 |
referred to ways and means |
Assembly Bill A6870B
2021-2022 Legislative Session
Sponsored By
GRIFFIN
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
Bill Amendments
2021-A6870 - Details
2021-A6870 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6870 2021-2022 Regular Sessions I N A S S E M B L Y April 13, 2021 ___________ Introduced by M. of A. GRIFFIN -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the tax law, in relation to exempting from sales and compensating use taxes and establishing a tax credit for any equipment or product purchased by a small business that is used to comply with a COVID-19 health and safety plan THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision (a) of section 1115 of the tax law is amended by adding a new paragraph 46 to read as follows: (46) ANY EQUIPMENT OR PRODUCT, INCLUDING MATERIALS USED IN THE CONSTRUCTION OF PHYSICAL BARRIERS, INCLUDING BUT NOT LIMITED TO PLASTIC SHIELDING WALLS, STRIP CURTAINS, CUBICLE WALLS, PLEXIGLASS OR SIMILAR MATERIALS, OR OTHER IMPERMEABLE DIVIDERS OR PARTITIONS, PURCHASED BY A SMALL BUSINESS DOING BUSINESS IN THIS STATE THAT IS DIRECTLY USED BY SUCH SMALL BUSINESS TO BE IN COMPLIANCE WITH A COVID-19 HEALTH AND SAFE- TY PLAN. FOR PURPOSES OF THIS PARAGRAPH, THE TERM "SMALL BUSINESS" SHALL MEAN A BUSINESS WITH ONE HUNDRED OR FEWER EMPLOYEES. § 2. Section 210-B of the tax law is amended by adding a new subdivi- sion 55 to read as follows: 55. SALES TAX PAID ON MATERIALS FOR COVID-19 HEALTH AND SAFETY PLAN COMPLIANCE. (1) FOR THE PERIOD BEGINNING MAY FIFTEENTH, TWO THOUSAND TWENTY AND ENDING ON THE EFFECTIVE DATE OF THIS SUBDIVISION, A TAXPAYER WHO OWNS A SMALL BUSINESS SHALL BE ALLOWED A CREDIT FOR SALES TAX PAID FOR ANY EQUIPMENT OR PRODUCT, INCLUDING MATERIALS USED IN THE CONSTRUCTION OF PHYSICAL BARRIERS, INCLUDING BUT NOT LIMITED TO PLASTIC SHIELDING WALLS, STRIP CURTAINS, CUBICLE WALLS, PLEXIGLASS OR SIMILAR MATERIALS, OR OTHER IMPERMEABLE DIVIDERS OR PARTITIONS, PURCHASED BY SUCH SMALL BUSINESS IN ORDER TO BE IN COMPLIANCE WITH A COVID-19 HEALTH AND SAFETY PLAN. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04910-01-1
2021-A6870A - Details
2021-A6870A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6870--A 2021-2022 Regular Sessions I N A S S E M B L Y April 13, 2021 ___________ Introduced by M. of A. GRIFFIN -- read once and referred to the Commit- tee on Ways and Means -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to establishing a tax credit for any equipment or product purchased by a small business that is used to comply with a COVID-19 health and safety plan THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 210-B of the tax law is amended by adding a new subdivision 58 to read as follows: 58. SALES TAX PAID ON MATERIALS FOR COVID-19 HEALTH AND SAFETY PLAN COMPLIANCE. (1) FOR THE PERIOD BEGINNING MAY FIFTEENTH, TWO THOUSAND TWENTY AND ENDING ON THE EFFECTIVE DATE OF THIS SUBDIVISION, A TAXPAYER WHO OWNS A SMALL BUSINESS SHALL BE ALLOWED A CREDIT FOR SALES TAX PAID FOR ANY EQUIPMENT OR PRODUCT, INCLUDING MATERIALS USED IN THE CONSTRUCTION OF PHYSICAL BARRIERS, INCLUDING BUT NOT LIMITED TO PLASTIC SHIELDING WALLS, STRIP CURTAINS, CUBICLE WALLS, PLEXIGLASS OR SIMILAR MATERIALS, OR OTHER IMPERMEABLE DIVIDERS OR PARTITIONS, PURCHASED BY SUCH SMALL BUSINESS IN ORDER TO BE IN COMPLIANCE WITH A COVID-19 HEALTH AND SAFETY PLAN. (2) IF THE AMOUNT OF THE CREDIT ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR SHALL EXCEED THE SMALL BUSINESS'S TAX FOR SUCH YEAR, THE EXCESS SHALL BE TREATED AS AN OVERPAYMENT OF TAX TO BE CREDITED OR REFUNDED IN ACCORDANCE WITH THE PROVISIONS OF SECTION SIX HUNDRED EIGHT- Y-SIX OF THIS CHAPTER, PROVIDED, HOWEVER, THAT NO INTEREST SHALL BE PAID THEREON. (3) FOR PURPOSES OF THIS SUBDIVISION, THE TERM "SMALL BUSINESS" SHALL MEAN A BUSINESS WITH ONE HUNDRED OR FEWER EMPLOYEES. § 2. Section 606 of the tax law is amended by adding a new subsection (nnn) to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04910-03-1
2021-A6870B (ACTIVE) - Details
2021-A6870B (ACTIVE) - Summary
Establishes a tax credit for any equipment or product, including materials used in the construction of physical barriers, purchased by a small business doing business in this state that is directly used by such small business to comply with a COVID-19 health and safety plan.
2021-A6870B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6870--B 2021-2022 Regular Sessions I N A S S E M B L Y April 13, 2021 ___________ Introduced by M. of A. GRIFFIN -- read once and referred to the Commit- tee on Ways and Means -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amendments, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to establishing a tax credit for any equipment or product purchased by a small business that is used to comply with a COVID-19 health and safety plan THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 210-B of the tax law is amended by adding a new subdivision 58 to read as follows: 58. SALES TAX PAID ON MATERIALS FOR COVID-19 HEALTH AND SAFETY PLAN COMPLIANCE. (1) A TAXPAYER THAT IS A SMALL BUSINESS SHALL BE ALLOWED A CREDIT FOR SALES TAX PAID DURING THE ELIGIBILITY PERIOD FOR ANY EQUIP- MENT OR PRODUCT, INCLUDING MATERIALS USED IN THE CONSTRUCTION OF PHYS- ICAL BARRIERS, INCLUDING BUT NOT LIMITED TO PLASTIC SHIELDING WALLS, STRIP CURTAINS, CUBICLE WALLS, PLEXIGLASS OR SIMILAR MATERIALS, OR OTHER IMPERMEABLE DIVIDERS OR PARTITIONS, PURCHASED BY SUCH SMALL BUSINESS IN ORDER TO BE IN COMPLIANCE WITH A COVID-19 HEALTH AND SAFETY PLAN. THE ELIGIBILITY PERIOD SHALL BE THE PERIOD OF TIME BEGINNING ON MAY FIFTEENTH, TWO THOUSAND TWENTY AND ENDING WITH THE END OF THE DECLARED COVID-19 STATE OF EMERGENCY AS SET OUT PURSUANT TO EXECUTIVE ORDER TWO HUNDRED TWO OF TWO THOUSAND TWENTY AND AS CONTINUED IN EACH SUBSEQUENT EXECUTIVE ORDER. (2) THE CREDIT ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR SHALL NOT REDUCE THE TAX DUE FOR SUCH YEAR TO LESS THAN THE FIXED DOLLAR MINIMUM AMOUNT PRESCRIBED IN PARAGRAPH (D) OF SUBDIVISION ONE OF SECTION TWO HUNDRED TEN OF THIS ARTICLE. HOWEVER, IF THE AMOUNT OF CRED- IT ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR REDUCES THE TAX TO SUCH AMOUNT OR IF THE TAXPAYER OTHERWISE PAYS TAX BASED ON THE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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