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NY S00776

Bill

Official Source

Status

Introduced

1/5/2011

Primary Sponsor

Michael Ranzenhofer

Click for details

Origin

Senate

2009-2010 General Assembly

AI Summary

  • Establishes a personal income tax credit for farmers whose federal gross income from farming comprises at least two-thirds of their total federal gross income
  • Applies the credit to costs incurred in replacing Concord grapevines
  • Limited to taxpayers meeting the specified farming income threshold

Legislative Description

Establishes a personal income tax credit for taxpayers whose federal gross income from farming is at least two-thirds of excess federal gross income, for the cost of replacing concord grapevines by such farmers.

Last Action

REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

1/5/2011

Committee Referrals

Investigations and Government Operations1/5/2011

Full Bill Text

No bill text available