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Who cares
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Sponsors
No co-sponsors yet.
History
- Print number 5657a
- Amend (t) and recommit to investigations and government operations
- Referred to investigations and government operations
- Referred to investigations and government operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Provides a tax credit for the purchase of new vehicles by transportation companies, which vehicles are accessible to persons with disabilities
In Senate Committee · Rules · Sponsor Micah Kellner
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the tax law, in relation to providing a tax credit for the purchase of certain vehicles by companies that provide transportation services to persons with disabilities, and amending chapter 522 of the laws of 2006 amending the tax law relating to providing a tax credit to companies who provide transportation to handicapped individuals, in relation to extending the provisions thereof
Purpose or general idea of bill
To expand the existing tax credit for taxicab and livery companies to upgrade vehicles so that they are wheelchair-accessible to include the purchase of new vehicles that are manufactured to be wheelchair-accessible.
Summary of specific provisions
Section 1 and 2 - Amends section 606 and section 210 of the tax law to provide a credit not to exceed $10,000 per vehicle to a company providing a livery or taxicab for the purchase of a new vehicle that is manufactured to be accessible;
Section 3 - Act taking effect immediately, and applying to all tax years commencing on or after January 1, 2010.
Justification
The $10,000 tax credit provided to taxi and livery companies that upgrade vehicles to be accessible for people with disabilities has been successful in encouraging investment in accessibility in New York taxi and livery fleets. Since its enactment in 2006, the auto industry has begun to develop vehicles that are accessible for people with disabilities off the assembly line, with no need for further modification. This bill expands the tax credit to include these vehicles.
Prior legislative history
None.
Fiscal implications
To be determined.
Effective date
This act shall take effect immediately, and shall apply to all tax years commencing on or after January 1, 2010; provided, however, that the amendments to subsection (00) of section 606 of the tax law made by section one of this act shall not affect the repeal of such subsection and shall be deemed repealed therewith; and provided further that the amendments to subdivision 40 of section 210 of the tax law made by section two of this act shall not affect the repeal of such subdivision and shall be deemed repealed therewith.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.