NY S04755 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on March 22 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 22 2019 - 25% progression, died in committee
Action: 2020-01-08 - 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; and 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; and 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 |
|---|---|---|
| 2020-01-08 | Senate | REFERRED TO BUDGET AND REVENUE |
| 2019-03-22 | Senate | REFERRED TO BUDGET AND REVENUE |
