NY A04199 | 2009-2010 | General Assembly
Status
Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Introduced on January 30 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 30 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
This bill provides a credit against personal income taxes and corporate franchise taxes for land that is donated to the state for environmental purposes. In order to qualify for the credit, the donation must be approved by the Commissioner of Environmental Conservation or the Commissioner of the Office of Parks and Recreation. The funding for the credit will come from existing funds in the environmental protection fund or from the sale of bonds pursuant to the clean water, clean air act of 1996.
Title
An act to amend the tax law, the state finance law and the environmental conservation law, in relation to establishing a credit against income tax for certain real property donations
Sponsors
Asm. Thomas Alfano [R] | Asm. Robert Barra [R] | Asm. Clifford Crouch [R] | Asm. Joseph Giglio [R] |
Asm. Michael Spano [R] | Asm. Fred Thiele [D] |
History
Date | Chamber | Action |
---|---|---|
2010-01-06 | referred to ways and means | |
2009-01-30 | referred to ways and means |