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NY A05677

Bill

Official Source

Status

Introduced

2/17/2009

Primary Sponsor

Greg Ball

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Origin

Assembly

2009-2010 General Assembly

AI Summary

  • Adds new Section 1098 to New York Tax Law prohibiting corporations from receiving any tax benefits under Article 9 or other tax code sections if they outsource business to foreign entities or countries
  • Applies to all corporations as defined in Article 9 of the tax law
  • Takes effect January 1st of the year following enactment

Legislative Description

An act to amend the tax law, in relation to corporate tax procedure and administration

Last Action

held for consideration in ways and means

7/1/2010

Committee Referrals

Ways and Means2/17/2009

Full Bill Text

No bill text available