NY A06518 | 2019-2020 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 8 2019 - 25% progression
Action: 2019-03-08 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Relates to the empire state commercial production credit; eliminates the growth credit; increases the downstate credit from three to four million dollars and increases the percentage of qualified production costs paid from five to twenty percent for calculation of the credit; and increases the percentage of qualified production costs paid from five to thirty percent for calculation of the upstate credit.

Tracking Information

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Title

Relates to the empire state commercial production credit; eliminates the growth credit; increases the downstate credit from three to four million dollars and increases the percentage of qualified production costs paid from five to twenty percent for calculation of the credit; and increases the percentage of qualified production costs paid from five to thirty percent for calculation of the upstate credit.

Sponsors


History

DateChamberAction
2019-03-08Assemblyreferred to ways and means

New York State Sources


Bill Comments

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