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Who cares
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Sponsors
Senator · Senate District 45
No co-sponsors yet.
History
- Substituted by A10049
- Ordered to third reading cal.1681
- Committee discharged and committed to rules
- 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.
Makes the musical and theatrical production business franchise tax credit applicable to the 2014 tax year
Vetoed · Sponsor Angelo Santabarbara
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7746
Title of bill
An act to amend the tax law, in relation to establishing a musical and theatrical production business franchise credit; to amend chapter 59 of the laws of 2014, amending the tax law relating to a musical and theatrical production credit, in relation to the effective date thereof; and providing for the repeal of certain provisions upon expiration thereof
Purpose
Makes the musical and theatrical production business franchise tax credit applicable to the 2014 tax year.
Summary of provisions
Amends part HH of chapter 59 of the laws of 2014 to make the musical and theatrical production business franchise tax credit applicable to the 2014 tax year.
Justification
This bill will amend Chapter 59 of the laws of 2014 to authorize the musical and theatrical production business franchise tax credit be applicable to the 2014 tax year. This will allow qualified production companies who make investments in New York State during this fiscal year eligible to receive the tax credit.
Legislative history
New Bill
Fiscal implications
To be determined
Effective date
This act shall take effect immediately, provided that: section one, two, three and four of this act shall apply to the taxable years commencing on or after January 1, 2014, and such sections shall expire and be deemed repealed on the effective date of section 17 of part A of chapter 59 of the laws of 2014, as amended.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.