Bill Text: NY A02691 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to the repeal of a portion of the tax law relating to the family tax relief credit; makes an appropriation therefor.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2016-06-14 - held for consideration in ways and means [A02691 Detail]
Download: New_York-2015-A02691-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
2691
2015-2016 Regular Sessions
I N A S S E M B L Y
January 20, 2015
___________
Introduced by M. of A. KATZ -- Multi-Sponsored by -- M. of A. DiPIETRO
-- read once and referred to the Committee on Ways and Means
AN ACT to repeal subsection (vv) of section 606 of the tax law relating
to the family tax relief credit; and making an appropriation therefor
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Subsection (vv) of section 606 of the tax law is REPEALED.
2 S 2. The sum of one billion three hundred million dollars
3 ($1,300,000,000) is hereby appropriated for the general support of
4 education in the state out of any moneys in the state treasury in the
5 general fund to the credit of the state purposes account, not otherwise
6 appropriated, and made immediately available, for the purpose of educa-
7 tion. Such moneys shall be payable on the audit and warrant of the comp-
8 troller on vouchers certified or approved by the commissioner of educa-
9 tion in the manner prescribed by law.
10 S 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04459-01-5
