NY A04415 | 2017-2018 | General Assembly

Status

Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Introduced on February 2 2017 - 25% progression, died in committee
Action: 2018-01-29 - print number 4415b
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Amended) [HTML]

Summary

Establishes a credit against income tax for the rehabilitation of distressed residential properties; allows a credit equal to thirty percent of the qualified rehabilitation expenditures made by the taxpayer with respect to a qualified distressed residential property; requires property that qualifies must be constructed prior to January 1, 1962 in a distressed residential or mixed-use neighborhood.

Tracking Information

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Title

Establishes a credit against income tax for the rehabilitation of distressed residential properties; allows a credit equal to thirty percent of the qualified rehabilitation expenditures made by the taxpayer with respect to a qualified distressed residential property; requires property that qualifies must be constructed prior to January 1, 1962 in a distressed residential or mixed-use neighborhood.

Sponsors


History

DateChamberAction
2018-01-29Assemblyprint number 4415b
2018-01-29Assemblyamend and recommit to ways and means
2018-01-03Assemblyreferred to ways and means
2017-05-15Assemblyprint number 4415a
2017-05-15Assemblyamend and recommit to ways and means
2017-02-02Assemblyreferred to ways and means

Same As/Similar To

S02642 (Same As) 2018-02-06 - PRINT NUMBER 2642B

New York State Sources


Bill Comments

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