A 5136 New York Assembly · 2019 Regular Session

Authorizes the trading of existing but unused research and development credits and existing but unused net operating loss deductions to existing entities

Summary
Authorizes the trading of existing but unused research and development credits and existing but unused net operating loss deductions to existing corporations and partnerships in return for private assistance; enacts the "Small New York Based High-Technology Business Investment Tax Credit Act".
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2019 Last action Jan 8, 2020
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 8, 2020
Assembly · Referred to committee
REFERRED TO WAYS AND MEANS
Feb 7, 2019
Assembly · Referred to committee
REFERRED TO WAYS AND MEANS
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
RS
Robin Schimminger
DDemocratic
NY
140