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History
- 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.
Extends the biofuel production tax credit
In Assembly Committee · Ways And Means · Sponsor Marc Alessi
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 extending the biofuel production tax credit
Purpose
This bill will extend the biofuel production tax.
Summary of provisions
Section 1. Subdivision (a) of section 28 of the tax law, as added by section 1 of part X chapter 62 of the laws of 2006.
Section 2- contains Effective Date.
Justification
This bill, by extension of this credit will provide continued incentives for New York business to produce biofuels and invest in biofuel technology.
Prior legislative history
New legislation.
Fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.