Bill Text: NY A02617 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to repealing the empire state film production credit and making an appropriation to the education department.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Introduced - Dead) 2016-06-14 - held for consideration in ways and means [A02617 Detail]
Download: New_York-2015-A02617-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
2617
2015-2016 Regular Sessions
I N A S S E M B L Y
January 20, 2015
___________
Introduced by M. of A. KATZ -- Multi-Sponsored by -- M. of A. CORWIN,
DiPIETRO -- read once and referred to the Committee on Ways and Means
AN ACT to repeal section 24 and subsection (gg) of section 606 of the
tax law relating to the empire state film production credit; and
making an appropriation therefor
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Section 24 of the tax law is REPEALED.
2 S 2. Subsection (gg) of section 606 of the tax law is REPEALED.
3 S 3. The sum of four hundred ten million dollars ($410,000,000) is
4 hereby appropriated for the general support of education in the state
5 out of any moneys in the state treasury in the general fund to the cred-
6 it of the state purposes account, not otherwise appropriated, and made
7 immediately available, for the purpose of education. Such moneys shall
8 be payable on the audit and warrant of the comptroller on vouchers
9 certified or approved by the commissioner of education in the manner
10 prescribed by law.
11 S 4. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04460-01-5
