Bill Text: NY A07928 | 2013-2014 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Reduces from 20 to 10, the number of hours of part-time work needed by employees for employer qualification for the New York youth works tax credit.

Spectrum: Strong Partisan Bill (Democrat 10-1)

Status: (Introduced - Dead) 2013-06-21 - substituted by s4762a [A07928 Detail]

Download: New_York-2013-A07928-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7928
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                     June 10, 2013
                                      ___________
       Introduced  by M. of A. ROBERTS -- Multi-Sponsored by -- M. of A. HEAST-
         IE, ROSENTHAL -- read once and referred to the Committee on Labor
       AN ACT to amend the labor law, in relation to  reducing  the  number  of
         hours of part-time work needed by employees for employer qualification
         for the New York youth works tax credit
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subdivision (c) of section 25-a of the labor law, as  added
    2  by  section 1 of part D of chapter 56 of the laws of 2011, is amended to
    3  read as follows:
    4    (c) A qualified employer shall be entitled to a tax  credit  equal  to
    5  (1)  five hundred dollars per month for up to six months for each quali-
    6  fied employee the employer employs in a full-time  job  or  two  hundred
    7  fifty dollars per month for up to six months for each qualified employee
    8  the  employer  employs in a part-time job of at least [twenty] TEN hours
    9  per week, and (2) one thousand dollars for each qualified  employee  who
   10  is  employed  for  at  least  an  additional six months by the qualified
   11  employer in a full-time job or five hundred dollars for  each  qualified
   12  employee  who  is  employed for at least an additional six months by the
   13  qualified employer in a part-time job of at least [twenty] TEN hours per
   14  week. The tax credits shall be claimed  by  the  qualified  employer  as
   15  specified  in  subdivision  forty-four  of  section  two hundred ten and
   16  subsection (tt) of section six hundred six of the tax law.
   17    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10482-01-3