Bill
Bill > A02473
NY A02473
NY A02473Establishes a tax credit of up to $5,000 for the purchase of personal protective equipment (PPE) by employers who employ less than 500 people.
summary
Introduced
01/19/2021
01/19/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
Establishes a tax credit of up to $5,000 for the purchase of personal protective equipment (PPE) by employers who employ less than 500 people.
AI Summary
This bill establishes a tax credit of up to $5,000 for the purchase of personal protective equipment (PPE) by employers who employ 500 or less people. The credit can be used to offset the employer's tax liability, and any excess credit can be carried forward to the following year. The bill defines "PPE" as equipment like gloves, masks, and face shields used to minimize exposure to a communicable disease. This measure is intended to help small businesses offset the costs of providing necessary safety equipment to their employees during the COVID-19 pandemic or similar public health emergencies.
Committee Categories
Budget and Finance
Sponsors (19)
Karines Reyes (D)*,
Karl Brabenec (R),
Kevin Byrne (R),
William Colton (D),
Michael Cusick (D),
Jeffrey Dinowitz (D),
Simcha Eichenstein (D),
Steven Englebright (D),
Mathylde Frontus (D),
Jonathan Jacobson (D),
Michael Montesano (R),
Mike Norris (R),
N. Nick Perry (D),
Diana Richardson (D),
Nily Rozic (D),
Rebecca Seawright (D),
Jo Anne Simon (D),
Al Stirpe (D),
Fred Thiele (D),
Last Action
referred to ways and means (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/A2473 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A02473&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A02473 |
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