New York S04660 repeals provisions related to the Empire State Jobs Retention Program Credit.

New York S04660 repeals provisions related to the Empire State Jobs Retention Program Credit. Specifically, it repeals Section 36 of the tax law, Subsection (tt) of Section 606 of the tax law, Subdivision 3 of Section 425 of the economic development law, and Subsection (bb) of Section 1511 of the tax law. The repeals will take effect on January 1 following the date the act becomes law, applying to taxable years beginning on or after that date.

New York S04660 repeals provisions related to the Empire State Jobs Retention Program Credit.

New York S04660 repeals provisions related to the Empire State Jobs Retention Program Credit. Specifically, it repeals Section 36 of the tax law, Subsection (tt) of Section 606 of the tax law, Subdivision 3 of Section 425 of the economic development law, and Subsection (bb) of Section 1511 of the tax law. The repeals will take effect on January 1 following the date the act becomes law, applying to taxable years beginning on or after that date.