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NY A00436

Bill

Status

Introduced

1/5/2011

Primary Sponsor

Joseph Lentol

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Adds a new tax credit under Section 606 of the New York Tax Law for resident owners of real property
  • Allows a tax credit equal to the full cost of repairing fire hazards known as cock lofts
  • Credit applies against taxes otherwise imposed under Article 1 of the Tax Law
  • Takes effect immediately and applies to taxable years beginning January 1, 2012 or later

Legislative Description

Provides a tax credit to home owners who repair cock loft fire hazards in their homes.

Last Action

held for consideration in ways and means

6/19/2012

Committee Referrals

Ways and Means1/5/2011

Full Bill Text

No bill text available