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NY A05195

Bill

Status

Introduced

2/13/2015

Primary Sponsor

Brian Kolb

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Creates income tax exclusion for high-tech workers who complete an approved high-tech program and are hired within one year of completion
  • Allows exclusion of up to $50,000 per taxable year for five consecutive years beginning in tax year 2015
  • Defines "high-tech program" to include college, vocational, or certification programs as determined by the Commissioner of Education
  • Defines "high-tech job" to be determined by the Commissioner of Economic Development
  • Takes effect immediately upon enactment

Legislative Description

Establishes high-tech worker-NY.

Last Action

held for consideration in ways and means

6/15/2016

Committee Referrals

Ways and Means2/13/2015

Full Bill Text

No bill text available