Bill Text: NY A09828 | 2015-2016 | General Assembly | Amended

New York Assembly Bill 9828 (Prior Session Legislation)

Bill Title: Provides a tax credit in the counties of Nassau and Suffolk for the total number of eligible farm employees.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-04-29 - print number 9828a [A09828 Detail]

Download: New_York-2015-A09828-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                         9828--A
                   IN ASSEMBLY
                                     April 12, 2016
                                       ___________
        Introduced by M. of A. THIELE -- read once and referred to the Committee
          on  Ways  and  Means  --  committee  discharged, bill amended, ordered
          reprinted as amended and recommitted to said committee
        AN ACT to amend the tax law, in relation to the farm workforce retention
          credit for Nassau and Suffolk counties
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. Section 42 of the tax law is amended by adding a new subdi-
     2  vision (e-1) to read as follows:
     3    (e-1) For taxable years beginning on or after January first, two thou-
     4  sand  seventeen and before January first, two thousand eighteen, if such
     5  farm is located in Nassau or Suffolk county, the amount  of  the  credit
     6  allowed  under  this  section shall be equal to the product of the total
     7  number of eligible farm employees and six hundred dollars.  For  taxable
     8  years  beginning  on  or  after January first, two thousand eighteen and
     9  before January first, two thousand nineteen, if such farm is located  in
    10  Nassau  or  Suffolk  county, the amount of the credit allowed under this
    11  section shall be equal to the product of the total  number  of  eligible
    12  farm  employees and nine hundred dollars. For taxable years beginning on
    13  or after January first, two thousand nineteen and before January  first,
    14  two  thousand twenty, if such farm is located in Nassau or Suffolk coun-
    15  ty, the amount of the credit allowed under this section shall  be  equal
    16  to  the  product  of the total number of eligible farm employees and one
    17  thousand two hundred dollars. For taxable years beginning  on  or  after
    18  January  first,  two thousand twenty and before January first, two thou-
    19  sand twenty-one, if such farm is located in Nassau  or  Suffolk  county,
    20  the  amount  of  the credit allowed under this section shall be equal to
    21  the product of the total number of eligible farm employees and one thou-
    22  sand five hundred dollars. For taxable years beginning on or after Janu-
    23  ary first, two thousand twenty-one and before January first,  two  thou-
    24  sand  twenty-two,  the  amount  of the credit allowed under this section
    25  shall be equal to the product of  the  total  number  of  eligible  farm
    26  employees and one thousand five hundred dollars.
    27    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14887-05-6