Bill Text: NY A07928 | 2013-2014 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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
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
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