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NY A10593
Bill
Status
Passed
10/3/2012
Primary Sponsor
Robert Sweeney
Click for details
AI Summary
- Amends section 31 of part H of chapter 1 of the laws of 2003 regarding brownfield redevelopment tax credits and environmental remediation insurance credits
- Changes the expiration date for tax credits under sections 21, 22, and 23 of the tax law from March 31, 2015 to December 31, 2015
- Extends the deadline for issuing remediation certificates needed to qualify for brownfield redevelopment and environmental remediation tax credits by nine months
- Tax credits in articles 9, 9-A, 22, 32, and 33 of the tax law become inapplicable if the remediation certificate is issued after December 31, 2015
- Takes effect immediately upon enactment
Legislative Description
Provides that certain tax credits shall not apply if the certificate of remediation required to qualify for such credits is issued after December 31, 2015.
Last Action
signed chap.474
10/3/2012
Committee Referrals
Rules6/18/2012
Rules6/13/2012
Ways and Means6/7/2012
Full Bill Text
No bill text available