Asm. Marc Butler

Extends Herkimer county's mortgage recording tax authorization until 2020.

Exempts compensation for active military service from inclusion in a resident's adjusted gross income under certain circumstances.

Relates to the mortgage recording tax in the county of Fulton, to extend the effectiveness of such chapter.

Fosters economic development by establishing the New York state cornerstone program (focused on job retention) and the New York state discovery program (focused on job creation); provides a series of tax cuts to businesses.

Relates to the sufficiency of itemization in the state budget; requires budget bills to clearly reference the section in the accompanying bill or bills where the corresponding appropriation or reappropriation can be located and requires that the legislature not act upon bills that neglect to do so.

Relates to authorizing the county of Hamilton to impose a county recording tax on obligations secured by mortgages on real property.

Eliminates the corporate franchise tax and personal income tax on business corporations that are manufacturers; defines terms "manufacturer" and "principally engaged".

Relates to calculation of the earned income credit.

Relates to calculation of the personal income tax.

Extends eligibility for the agricultural property tax credit to farmers having a leasehold interest of not fewer than five continuous years in qualified agricultural property.