Restores conformity with certain Internal Revenue Code provisions on business expensing.

This bill repeals specific sections of the tax law to align New York's tax code with certain provisions of the Internal Revenue Code regarding business expensing. It removes subparagraphs from sections 208, 612, and 1503 of the tax law, effective immediately.

Restores conformity with certain Internal Revenue Code provisions on business expensing.

This bill repeals specific sections of the tax law to align New York's tax code with certain provisions of the Internal Revenue Code regarding business expensing. It removes subparagraphs from sections 208, 612, and 1503 of the tax law, effective immediately.