Bill Text: NY A03553 | 2021-2022 | General Assembly | Introduced
Bill Title: Repeals the Empire state film production credit and the Empire state film post production credit.
Spectrum: Partisan Bill (Republican 15-0)
Status: (Introduced - Dead) 2022-06-01 - held for consideration in ways and means [A03553 Detail]
Download: New_York-2021-A03553-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 3553 2021-2022 Regular Sessions IN ASSEMBLY January 27, 2021 ___________ Introduced by M. of A. HAWLEY, BARCLAY, BLANKENBUSH, FRIEND, J. M. GIGLIO, GOODELL, MONTESANO, SMULLEN, ASHBY, SALKA -- Multi-Spon- sored by -- M. of A. DiPIETRO -- read once and referred to the Committee on Ways and Means AN ACT to repeal certain provisions of the tax law, relating to the Empire state film production credit and the Empire state film post production credit 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 Section 24 of the tax law is REPEALED. 2 § 2. Section 31 of the tax law, as added by section 12 of part Q of 3 chapter 57 of the laws of 2010, is REPEALED. 4 § 3. Clause (E) of subparagraph (ii) of paragraph (b) of subdivision 1 5 of section 210-B of the tax law is REPEALED. 6 § 4. Subdivision 20 of section 210-B of the tax law is REPEALED. 7 § 5. Subdivision 32 of section 210-B of the tax law is REPEALED. 8 § 6. Clause (v) of subparagraph (B) of paragraph 2 of subsection (a) 9 of section 606 of the tax law is REPEALED. 10 § 7. Clause (xxii) of subparagraph (B) of paragraph 1 of subsection 11 (i) of section 606 of the tax law is REPEALED. 12 § 8. Clause (xxxi) of subparagraph (B) of paragraph 1 of subsection 13 (i) of section 606 of the tax law, as added by section 14 of part Q of 14 chapter 57 of the laws of 2010, is REPEALED. 15 § 9. Subsection (gg) of section 606 of the tax law is REPEALED. 16 § 10. Subsection (qq) of section 606 of the tax law, as added by 17 section 15 of part Q of chapter 57 of the laws of 2010, is REPEALED. 18 § 11. Subdivisions (b) and (c) of section 1201-A of the tax law are 19 REPEALED. 20 § 12. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02089-01-1