Bill Text: NY A02065 | 2023-2024 | General Assembly | Introduced


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

Spectrum: Partisan Bill (Republican 12-0)

Status: (Introduced) 2024-01-03 - referred to ways and means [A02065 Detail]

Download: New_York-2023-A02065-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          2065

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                    January 23, 2023
                                       ___________

        Introduced   by   M.   of   A.  HAWLEY,  BARCLAY,  BLANKENBUSH,  FRIEND,
          J. M. GIGLIO, GOODELL, SMULLEN, JENSEN, ANGELINO,  GALLAHAN,  LEMONDES
          --  Multi-Sponsored  by -- M. of A. DiPIETRO -- read once and referred
          to the Committee on Ways and Means

        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 Section 24 of the tax law is REPEALED.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     3  chapter 57 of the laws of 2010, is REPEALED.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     5  of section 210-B of the tax law is REPEALED.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 Subdivision 20 of section 210-B of the tax law is REPEALED.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 Subdivision 32 of section 210-B of the tax law is REPEALED.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  subsection  (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     9  of section 606 of the tax law is REPEALED.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    11  (i) of section 606 of the tax law is REPEALED.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, as added by section 14 of part Q of
    14  chapter 57 of the laws of 2010, is REPEALED.
    15    § 9. Subsection (gg) of section 606 of the tax law is REPEALED.
    16    § 10. Subsection (qq) of section 606 of  the  tax  law,  as  added  by
    17  section 15 of part Q of chapter 57 of the laws of 2010, is REPEALED.
    18    § 11. Subdivision (b) of section 1201-A of the tax law is 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.
                                                                   LBD00394-01-3
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