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Bill > S05932
NY S05932
NY S05932Establishes 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
03/23/2021
03/23/2021
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 fewer people. The credit can be claimed against the state income tax and any excess credit can be carried forward to future years. PPE is defined as equipment used to minimize exposure to a communicable disease, such as gloves, masks, and face shields. The credit is intended to help small businesses provide necessary protection for their employees during the COVID-19 pandemic and other public health emergencies.
Committee Categories
Budget and Finance
Sponsors (6)
Kevin Parker (D)*,
Andrew Gounardes (D),
Daphne Jordan (R),
Anna Kaplan (D),
Gustavo Rivera (D),
Toby Stavisky (D),
Last Action
REFERRED TO BUDGET AND REVENUE (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/S5932 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S05932&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05932 |
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