Bill Text: NY A02729 | 2009-2010 | General Assembly | Introduced


Bill Title: An act to amend the tax law, in relation to credits against tax

Spectrum: Moderate Partisan Bill (Republican 13-2)

Status: (Introduced - Dead) 2010-07-01 - held for consideration in ways and means [A02729 Detail]

Download: New_York-2009-A02729-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2729
                              2009-2010 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 21, 2009
                                      ___________
       Introduced  by  M.  of A. RABBITT, McKEVITT, MOLINARO, TOWNSEND, WALKER,
         SCOZZAFAVA -- Multi-Sponsored by -- M. of  A.  BROOK-KRASNY,  CALHOUN,
         CROUCH,  DUPREY, GIGLIO, P. LOPEZ, OAKS, QUINN, SAYWARD, WEISENBERG --
         read once and referred to the Committee on Ways and Means
       AN ACT to amend the tax law, in relation to credits against tax
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Section  606  of  the  tax law is amended by adding a new
    2  subsection (qq) to read as follows:
    3    (QQ) ENERGY STAR APPLIANCE CREDIT. A TAXPAYER SHALL BE ALLOWED A CRED-
    4  IT IN THE SUM OF THREE HUNDRED DOLLARS BEGINNING  ON  OR  AFTER  JANUARY
    5  FIRST,  TWO  THOUSAND  TEN  AND ENDING BEFORE DECEMBER THIRTY-FIRST, TWO
    6  THOUSAND SIXTEEN IF HE OR SHE PURCHASES THREE OR MORE ENERGY STAR APPLI-
    7  ANCES. FOR THE PURPOSES OF THIS SECTION THE  TERM  "ENERGY  STAR"  SHALL
    8  MEAN A DESIGNATION FROM THE UNITED STATES ENVIRONMENTAL PROTECTION AGEN-
    9  CY  OR  DEPARTMENT  OF ENERGY INDICATING THAT A PRODUCT MEETS THE ENERGY
   10  EFFICIENCY STANDARDS SET FORTH BY THE AGENCY  FOR  COMPLIANCE  WITH  THE
   11  ENERGY  STAR PROGRAM. THE TERM "APPLIANCE" SHALL MEAN BUT NOT BE LIMITED
   12  TO REFRIGERATOR, ROOM AIR CONDITIONER, DISHWASHER OR CLOTHES  WASHER  OR
   13  DRYER.
   14    S 2. This act shall take effect immediately and shall apply to all tax
   15  years  beginning  on or after January 1, 2010 and ending before December
   16  31, 2016.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD05777-01-9
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