What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
1 Co-sponsor
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.
Provides a tax credit for certain newly hired SUNY college faculty members and administrators
In Assembly Committee · Ways And Means · Sponsor Marcos Crespo
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 certain newly hired SUNY college faculty members and administrators
Purpose or general idea of bill
Provides a tax credit for certain newly hired SUNY college faculty members and administrators as a mechanism to help the State University of New York diversify its faculty and professional staff.
Summary of specific provisions
Section 1. Section 606 of the tax law is amended by adding a new subsection (ccc) to read as follows:
Read the full memo (628 words)
(ccc) Employee relocation; SUNY campus credit.
(1) For taxable years beginning January 1st, 2017, a resident taxpayer who is a newly hired faculty member or administrator, who relocated to New York to work at a SUNY campus, and who is a minority, shall be allowed a credit against the tax imposed by this article equal to 30% of his or her gross income. Such qualified persons shall have been hired to work at any state university campus excluding those campuses in Nassau, Westchester, and Putnam counties. For purposes of this section, the term "newly hired" shall mean faculty members and administrators who are not currently employed by SUNY.
(2) If the amount of the credit allowed under this subsection for any taxable year shall exceed the taxpayer's tax for such year, the excess shall be treated as an overpayment of tax to be credited or refunded in accordance with the provisions of section 686 of this article, provided, however, that no interest shall be paid thereon.
Section 2. This act shall take effect on the ninetieth day after it shall become a law.
Justification
This legislation provides a tax credit of 30% of gross income for certain newly hired SUNY college faculty members and administrators as a mechanism to help the State University of New York diversify its faculty and professional staff.
This legislation will help our State capitalize on our home-grown talent before it is recruited elsewhere. Currently there are no Latino college presidents in the SUNY system and out of its 80,000 plus faculty members, only 3.2% are Latino.
The data for African American faculty and staff is slightly better.
At a time in our nation's and State history where there is a more highly educated and trained Latino and African-American workforce, there continues to be a blatant lack of diversity in our state university system. Around the nation, states are recovering from the Great Recession where funding to higher education was reduced, thereby freeing up a wealth of talent that can be recruited into our SUNY system. CUNY has been able to draw on world class and diverse faculty and staff. However SUNY has a long road ahead to show improvements in any effort to diversify its faculty and professional staff. Over 100,000 minorities attend SUNY's 64 campuses and those numbers are increasing annually. It is important that the diverse student body is witness to diverse faculty and staff due to well documented evidence that this increases college retention and graduation rates.
For this reason alone, this is a mechanism that can be deployed to assist SUNY in becoming a more diverse institution.
All across our planet the trend is for the labor force to go where the jobs are. Excuses that minorities are uninterested in working in rural or suburban communities are total fallacies. The real problem facing diversity at SUNY is the absence of strong mechanism that will capitalize on this global labor trend by searching, recruiting and hiring diverse staff. This bill will provide an additional incentive in the recruitment and hiring of qualified minority candidates.
Legislative history
This bill is new legislation.
Fiscal implications
TBD.
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.