NY S06359 | 2013-2014 | General Assembly
Status
Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on March 31 2014 - 100% progression
Action: 2014-03-31 - SIGNED CHAP.59
Text: Latest bill text (Amended) [HTML]
Spectrum: Committee Bill
Status: Passed on March 31 2014 - 100% progression
Action: 2014-03-31 - SIGNED CHAP.59
Text: Latest bill text (Amended) [HTML]
Summary
Enacts into law major components of legislation necessary to implement the state fiscal plan for the 2014-2015 state fiscal year; relates to the reformation of the taxation on business corporations; allows direct payment of STAR savings; extends fees for the establishment of oil and gas unit of production value; modifies signature requirements on e-filed returns; extends the non-custodial parent earned income tax credit for two years; closes the resident trust loophole; repeals the additional minimum personal income tax; establishes an enhanced real property tax circuit breaker; modifies delivery of the family tax relief credit; extends the empire state commercial production tax credit; authorizes additional credits for the low income housing credit; establishes a twenty percent real property tax credit for manufacturers and eliminates the net income tax on upstate manufacturers; repeals the franchise tax on agriculture cooperatives; provides a refundable credit for telecommunications excise taxes on START-UP NY; enhances the youth works tax credit; extends the alternative fuels tax exemption; simplifies the distribution of motor vehicle fee receipts; relates to comprehensive estate tax reform; extends Monticello raceway video lottery terminal rates for one year; extends certain tax rates and certain simulcasting provisions; extends VLG vendors capital awards program; aligns mobility and personal income tax filings for the self-employed; relates to commercial gaming; provides a two-year property tax freeze through a refundable personal income tax credit; extends certain New York city tax exemptions; relates to a musical theatrical production credit; increases the sales tax exemption threshold amount for vending machines; increases film production credit benefits for films produced in certain counties; relates to the length of service awards; creates a third region for the prepayment of motor fuel taxes; establishes the workers with disabilities tax credit program; provides tax incentives to employers for employing individuals with developmental disabilities; allows a STAR lookback period for widows and widowers; relates to health insurance for jockeys.
Title
Enacts into law major components of legislation necessary to implement the state fiscal plan for the 2014-2015 state fiscal year; relates to the reformation of the taxation on business corporations; allows direct payment of STAR savings; extends fees for the establishment of oil and gas unit of production value; modifies signature requirements on e-filed returns; extends the non-custodial parent earned income tax credit for two years; closes the resident trust loophole; repeals the additional minimum personal income tax; establishes an enhanced real property tax circuit breaker; modifies delivery of the family tax relief credit; extends the empire state commercial production tax credit; authorizes additional credits for the low income housing credit; establishes a twenty percent real property tax credit for manufacturers and eliminates the net income tax on upstate manufacturers; repeals the franchise tax on agriculture cooperatives; provides a refundable credit for telecommunications excise taxes on START-UP NY; enhances the youth works tax credit; extends the alternative fuels tax exemption; simplifies the distribution of motor vehicle fee receipts; relates to comprehensive estate tax reform; extends Monticello raceway video lottery terminal rates for one year; extends certain tax rates and certain simulcasting provisions; extends VLG vendors capital awards program; aligns mobility and personal income tax filings for the self-employed; relates to commercial gaming; provides a two-year property tax freeze through a refundable personal income tax credit; extends certain New York city tax exemptions; relates to a musical theatrical production credit; increases the sales tax exemption threshold amount for vending machines; increases film production credit benefits for films produced in certain counties; relates to the length of service awards; creates a third region for the prepayment of motor fuel taxes; establishes the workers with disabilities tax credit program; provides tax incentives to employers for employing individuals with developmental disabilities; allows a STAR lookback period for widows and widowers; relates to health insurance for jockeys.
Sponsors
Roll Calls
Assembly - Assembly Floor Vote - Final Passage (Y: 131 N: 7 NV: 0 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2014-03-31 | Assembly | SIGNED CHAP.59 |
| 2014-03-31 | Senate | DELIVERED TO GOVERNOR |
| 2014-03-31 | Assembly | returned to senate |
| 2014-03-31 | Assembly | passed assembly |
| 2014-03-31 | Assembly | ordered to third reading rules cal.34 |
| 2014-03-31 | Assembly | substituted for a8559d |
| 2014-03-31 | Assembly | referred to ways and means |
| 2014-03-31 | Senate | DELIVERED TO ASSEMBLY |
| 2014-03-31 | Senate | PASSED SENATE |
| 2014-03-31 | Senate | ORDERED TO THIRD READING CAL.376 |
| 2014-03-28 | Senate | PRINT NUMBER 6359D |
| 2014-03-28 | Senate | AMEND (T) AND RECOMMIT TO FINANCE |
| 2014-03-14 | Senate | PRINT NUMBER 6359C |
| 2014-03-14 | Senate | AMEND AND RECOMMIT TO FINANCE |
| 2014-02-21 | Senate | PRINT NUMBER 6359B |
| 2014-02-21 | Senate | AMEND AND RECOMMIT TO FINANCE |
| 2014-02-12 | Senate | PRINT NUMBER 6359A |
| 2014-02-12 | Senate | AMEND (T) AND RECOMMIT TO FINANCE |
| 2014-01-21 | Senate | REFERRED TO FINANCE |
Same As/Similar To
A08559 (Same As) 2014-03-31 - substituted by s6359d
