NY A03417 | 2011-2012 | General Assembly

Status

Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2012-01-04 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes a five percent investment tax credit against the franchise tax imposed upon corporations for a portion of training or retraining expenses incurred by them in an eligible business facility, pursuant to rules and regulations of the department of taxation and finance promulgated in consultation with the department of labor.

Tracking Information

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Title

Establishes a five percent investment tax credit against the franchise tax imposed upon corporations for a portion of training or retraining expenses incurred by them in an eligible business facility, pursuant to rules and regulations of the department of taxation and finance promulgated in consultation with the department of labor.

Sponsors


History

DateChamberAction
2012-01-04Assemblyreferred to ways and means
2011-01-25Assemblyreferred to ways and means

Same As/Similar To

S05351 (Same As) 2012-03-12 - COMMITTEE DISCHARGED AND COMMITTED TO RULES

New York State Sources


Bill Comments

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