State Legislation Resolution No. 10
State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Senators Duane, Dilan, Montgomery, Onorato, Schneiderman and Stavisky, S.4845-B, and Assembly Members Weprin, Bing, Castro, Christensen, Kellner, Maisel, Rosenthal, Titone, Wright, et al., A.8131, “AN ACT to amend the tax law, in relation to authorizing any city having a population of one million or more to provide a biotechnology credit against the general corporation tax, unincorporated business tax and banking corporation tax of such city”.
By Council Members Baez, Fidler, Gentile, Jackson, Seabrook, Reyna and Weprin
Whereas, bills have been introduced in the New York State Legislature by Senators Duane, Dilan, Montgomery, Onorato, Schneiderman and Stavisky, S.4845-B, and Assembly Members Weprin, Bing, Castro, Christensen, Kellner, Maisel, Rosenthal, Titone, Wright, et al., A.8131, “AN ACT to amend the tax law, in relation to authorizing any city having a population of one million or more to provide a biotechnology credit against the general corporation tax, unincorporated business tax and banking corporation tax of such city”; and
Whereas, the enactment of the above State Legislation requires the concurrence of the Council of the City of New York as the local legislative body; now, therefore, be it
Resolved, that the Council of the City of New York, in accordance with the provisions of Section 2 of Article 9 of the Constitution of the State of New York, does hereby request the New York State Legislature to enact into law the aforesaid pending bills.
Referred to the Committee on State and Federal Legislation.