S06011 Summary:

BILL NOS06011
 
SAME ASNo same as
 
SPONSORESPAILLAT
 
COSPNSRKRUEGER, SAMPSON
 
MLTSPNSR
 
 
Authorizes the increase of tax by .75 percent on city taxable income greater than $500,000 to fund universal pre-kindergarten and after-school programs.
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S06011 Actions:

BILL NOS06011
 
12/16/2013REFERRED TO RULES
01/08/2014REFERRED TO RULES
01/09/2014COMMITTEE DISCHARGED AND COMMITTED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
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S06011 Floor Votes:

There are no votes for this bill in this legislative session.
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S06011 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6011
 
                               2013-2014 Regular Sessions
 
                    IN SENATE
 
                                    December 16, 2013
                                       ___________
 
        Introduced by Sen. ESPAILLAT -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules
 
        AN  ACT  authorizing  the increase of tax on city taxable income to fund
          universal pre-kindergarten and after-school programs
 
          The People of the State of New York, represented in Senate and  Assem-

        bly, do enact as follows:
 
     1    Section  1.  A  city  with  a population of one million or more may by
     2  local law increase the tax on the city  taxable  income  of  every  city
     3  resident  individual,  estate  and  trust  by .75 percent where the city
     4  taxable income is over $500,000.
     5    § 2. The increase in tax authorized by section one of this  act  shall
     6  be used to fund universal pre-kindergarten and after-school programs for
     7  students of such city.
     8    § 3. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13242-01-3
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