NY A02819 | 2009-2010 | General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 19-0)
Status: Passed on September 16 2009 - 100% progression
Action: 2009-09-16 - signed chap.424

Summary

This bill will allow qualifying businesses located in certain areas designated under the Federal Community Renewal Tax Relief Act of 2000 to be eligible for numerous loans at the most beneficial interest rate provided through the Excelsior Linked Deposit program.

Tracking Information

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Title

Includes eligible businesses located in federally designated areas under the Community Renewal Tax Relief Act of 2000 (26 U.S.C. Sections 1391, 1400E and 1400G) in the state's Excelsior Linked Deposit Act loan program for the whole or any portion of the period in which the area where the business is located is designated as a federal "Empowerment Zone", "Enterprise Community", or "Renewal Community", respectively, under the federal Act.

Sponsors


History

DateChamberAction
2009-09-16 signed chap.424
2009-09-04 delivered to governor
2009-07-16 RETURNED TO ASSEMBLY
2009-07-16 PASSED SENATE
2009-07-16 3RD READING CAL.552
2009-07-16 SUBSTITUTED FOR S4436
2009-05-04 REFERRED TO FINANCE
2009-05-04 delivered to senate
2009-05-04 passed assembly
2009-04-30 advanced to third reading cal.444
2009-04-28 reported
2009-01-21 referred to ways and means

Same As/Similar To

S04436 (Same As) 2009-09-16 - signed chap.424

New York State Sources


Bill Comments

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