NY S01324 | 2015-2016 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 12 2015 - 25% progression, died in committee
Action: 2016-01-06 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
Pending: Senate Investigations and Government Operations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 12 2015 - 25% progression, died in committee
Action: 2016-01-06 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
Pending: Senate Investigations and Government Operations Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes a personal income tax credit for a portion of a taxpayer's residential real property taxes which exceeds a certain percentage of the taxpayer's household gross income; provides that the taxpayer shall have resided in such residential real property for not less than 10 years; provides that such credit shall not apply to taxpayers whose household gross income exceeds $250,000 or who have received the school tax relief exemption on such real property.
Title
Establishes a personal income tax credit for a portion of a taxpayer's residential real property taxes which exceeds a certain percentage of the taxpayer's household gross income; provides that the taxpayer shall have resided in such residential real property for not less than 10 years; provides that such credit shall not apply to taxpayers whose household gross income exceeds $250,000 or who have received the school tax relief exemption on such real property.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-06 | Senate | REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS |
| 2015-01-12 | Senate | REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS |
