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 Section 24 of the tax law is REPEALED.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     3  chapter 57 of the laws of 2010, is REPEALED.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     5  of section 210-B of the tax law is REPEALED.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 Subdivision 20 of section 210-B of the tax law is REPEALED.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 Subdivision 32 of section 210-B of the tax law is REPEALED.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     9  of section 606 of the tax law is REPEALED.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    11  (i) of section 606 of the tax law is REPEALED.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    14  chapter 57 of the laws of 2010, is REPEALED.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 Subsection (gg) of section 606 of the tax law is REPEALED.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
feedback