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Bill > A01700
NY A01700
NY A01700Creates a wage tax credit for employers who employ New York national guard men and women, reservists, volunteer firefighters and EMS personnel.
summary
Introduced
01/16/2019
01/16/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to creating a wage tax credit for employers who employ New York national guard men and women, reservists, volunteer firefighters and EMS personnel The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill creates a wage tax credit for employers who employ New York National Guard members, reservists, volunteer firefighters, and EMS personnel. Specifically, it allows employers a $1,500 credit per eligible employee, as long as the employee has been employed for at least 6 months and the employer complies with the Uniformed Services Employment and Reemployment Rights Act. The credit can be used to offset the employer's tax liability, and any excess credit can be carried over to the following year or refunded. The bill takes effect immediately and applies to taxable years beginning on or after January 1, 2021.
Committee Categories
Budget and Finance
Sponsors (23)
Steve Hawley (R)*,
John Mikulin (R)*,
Jake Ashby (R),
Will Barclay (R),
Karl Brabenec (R),
Marianne Buttenschon (D),
Clifford Crouch (R),
Joe DeStefano (R),
Dave DiPietro (R),
Joe Giglio (R),
Brian Kolb (R),
Peter Lawrence (R),
Michael LiPetri (R),
Brian Manktelow (R),
Brian Miller (R),
Michael Montesano (R),
Mike Norris (R),
Phil Palmesano (R),
John Salka (R),
Doug Smith (R),
Robert Smullen (R),
Mark Walczyk (R),
Mary Beth Walsh (R),
Last Action
held for consideration in ways and means (on 07/17/2020)
Official Document
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