Bill Text: NY S06968 | 2017-2018 | General Assembly | Introduced


Bill Title: Repeals the Empire state film production credit and the Empire state film post production credit.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2018-01-03 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S06968 Detail]

Download: New_York-2017-S06968-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          6968
                               2017-2018 Regular Sessions
                    IN SENATE
                                    December 7, 2017
                                       ___________
        Introduced  by  Sen.  ORTT  --  read twice and ordered printed, and when
          printed to be committed to the Committee on Rules
        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 Section 24 of the tax law is REPEALED.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     3  chapter 57 of the laws of 2010, is REPEALED.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     5  of section 210-B of the tax law is REPEALED.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 Subdivision 20 of section 210-B of the tax law is REPEALED.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 Subdivision 32 of section 210-B of the tax law is REPEALED.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 subdivision  (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     9  of section 606 of the tax law is REPEALED.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    11  (i) of section 606 of the tax law is REPEALED.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    13  (i) of section 606 of the tax law is REPEALED.
    14    § 9. Subsection (gg) of section 606 of the tax law is REPEALED.
    15    §  10.  Subsection  (qq)  of  section  606 of the tax law, as added by
    16  section 15 of part Q of chapter 57 of the laws of 2010, is REPEALED.
    17    § 11. Subdivisions (b) and (c) of section 1201-A of the  tax  law  are
    18  REPEALED.
    19    § 12. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13732-01-7
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