NY S04734 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 10 2021 - 25% progression, died in committee
Action: 2022-01-05 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 10 2021 - 25% progression, died in committee
Action: 2022-01-05 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Enacts the "Made in New York act"; increases the deduction from the federal gross adjusted income of certain small businesses; grants eligibility for the basic STAR exemption to certain small businesses; establishes the 3-D program which grants tax benefits to manufacturers which design, develop and manufacture a new product in the state.
Title
Enacts the "Made in New York act"; increases the deduction from the federal gross adjusted income of certain small businesses; grants eligibility for the basic STAR exemption to certain small businesses; establishes the 3-D program which grants tax benefits to manufacturers which design, develop and manufacture a new product in the state.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-01-05 | Senate | REFERRED TO BUDGET AND REVENUE |
2021-02-10 | Senate | REFERRED TO BUDGET AND REVENUE |