BILL NO A08615
SAME AS SAME AS S05519, SAME AS S50048, SAME AS S60419, SAME AS S65018
SPONSOR Farrell (MS)
COSPNSR Cook, Kellner, Espaillat, Wright, Powell, Bing, Rosenthal, Millman,
Cymbrowitz, DenDekker, Towns, Castro
MLTSPNSR Brennan, Cusick, Glick, Jacobs, Lentol, Maisel, O'Donnell, Pheffer
Amd SS11-503, 11-511 & 11-514, NYC Ad Cd
Specifies that commencing in 2009, the credit that is applied to reduce an
unincorporated business tax will apply to the annual tax totals less than
$5,400; the credit will completely offset an annual unincorporated business tax
that does not exceed $3,400; simplifies UBT filing requirements and modifies
requirements related to paying estimated unincorporated business taxes.
