Preconsidered State Legislation Resolution No. 6
State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Senator Golden, S.5238, and Assembly Member Scarborough, A.2355, "AN ACT to amend the tax law, in relation to authorizing any city having a population of one million or more to provide an angel investor credit against the unincorporated business tax and personal income tax of such city for certain qualified emerging companies and medical technology companies."
By Council Members Foster, Comrie and Palma
Whereas, Bills have been introduced in the New York State Legislature by Senator Golden, S.5238, and Assembly Member Scarborough, A.2355, "AN ACT to amend the tax law, in relation to authorizing any city having a population of one million or more to provide an angel investor credit against the unincorporated business tax and personal income tax of such city for certain qualified emerging companies and medical technology companies" 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.