NY A05876 | 2009-2010 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 22-1)
Status: Introduced on February 20 2009 - 25% progression, died in committee
Action: 2010-07-01 - held for consideration in ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

To clarify the intent of Chapter 62 of the laws of 2006 by: 1. Clarifying that property owned within cities and villages fall under the act; 2. Clarifying that the credit is available only for land subject to the conservation easement and not the entire property; and, 3. Clarifying that the credit is available to shareholders of S corporations. Conservation easements are permanent dedications of the land that serves to protect open space, scenic, or natural resources, biodiversity, agricultural, watershed, and historic preservation.

Tracking Information

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Title

Makes technical corrections to the conservation easement tax credit.

Sponsors


History

DateChamberAction
2010-07-01 held for consideration in ways and means
2010-01-06 referred to ways and means
2009-02-20 referred to ways and means

Same As/Similar To

S866 (Same As) 2010-01-06 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

New York State Sources


Bill Comments

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