Enacts into law major components of legislation which are necessary to implement the state fiscal plan for the 2022-2023 state fiscal year
It became law on Apr 9, 2022.
- Stage
- Became law
- Started in
- Senate
- Latest action
- Apr 9, 2022
What it does
Enacts into law major components of legislation which are necessary to implement the state fiscal plan for the 2022-2023 state fiscal year; accelerates middle class tax cuts (Subpart A); provides for an alternative tax table benefit recapture for certain taxpayers (Subpart B)(Part A); provides an enhanced investment tax credit to farmers (Subpart A); extends the farm workforce retention credit (Subpart B); establishes a farm employer overtime credit (Subpart C)(Part B); expands the small business subtraction modification (Part C); excludes certain student loan forgiveness awards from state income tax (Part D); enacts the COVID-19 capital costs tax credit program to provide financial…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
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Where it goes next
It is law in New York. What happens now is up to the agency that carries it out, the courts, and the place itself.