STATE OF NEW YORK
________________________________________________________________________
4418
2017-2018 Regular Sessions
IN ASSEMBLY
February 2, 2017
___________
Introduced by M. of A. KOLB, OAKS, WALTER, PALMESANO, RAIA, HAWLEY,
BARCLAY, KEARNS -- read once and referred to the Committee on Ways and
Means
AN ACT to amend the tax law, in relation to creating high-tech worker-NY
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. This act shall be known and may be cited as "high-tech
2 worker-NY".
3 § 2. Subsection (c) of section 612 of the tax law is amended by adding
4 a new paragraph 44 to read as follows:
5 (44) For taxable years beginning on and after January first, two thou-
6 sand seventeen, the income of a taxpayer, that has completed a high-tech
7 program and has been hired to work in a high-tech job within one year of
8 completing a high-tech program, up to fifty thousand dollars per taxable
9 year for five consecutive years. A "high-tech program" will be defined
10 by the commissioner of education, which may include any college, voca-
11 tional, or certification program. A "high-tech job" will be defined by
12 the commissioner of economic development.
13 § 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD03356-01-7
