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NY S07482

Bill

Official Source

Status

Engrossed

6/14/2016

Primary Sponsor

Terrence Murphy

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Amends Tax Law Section 42 to increase the farm workforce retention credit for farms in Westchester County for taxable years 2017-2021
  • Credit amount calculated as the number of eligible farm employees multiplied by a per-employee dollar amount that increases annually: $600 (2017), $900 (2018), $1,200 (2019), $1,500 (2020-2021)
  • Applies only to taxable years beginning on or after January 1, 2017 and before January 1, 2022
  • Takes effect immediately upon enactment

Legislative Description

Increases the amount of the farm workforce retention credit for farms located in the county of Westchester.

Last Action

referred to ways and means

6/14/2016

Committee Referrals

Rules6/14/2016
Investigations and Government Operations5/4/2016

Full Bill Text

No bill text available