Details Meeting Name: Committee on Finance Agenda status: Final Meeting date/time: 11/15/2023 10:00 AM Minutes status: Final   Meeting location: Committee Room - City Hall VOTE Published agenda: Agenda Published minutes: Minutes   Meeting video: Video   Attachments: CLICK ANY FILE # BELOW (in blue) TO ACCESS LEGISLATION AND ATTACHMENTS Meeting Items (13) 13 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: All agenda items Legislation only All agenda items File # Ver. Prime Sponsor Agenda # Agenda Note Name Type Summary Action Result Action Details Multimedia                     Roll call Not available Int 1070-2023 * Jennifer Gutiérrez   Proposed Int. No. 1070-A A biotechnology credit against the general corporation tax, the unincorporated business tax, and the corporate tax of 2015. Introduction This bill would renew lapsed tax credits against the General Corporation Tax, the Unincorporated Business Tax, and the Corporate Tax of 2015 for New York City-based companies engaged in biotechnology. The credit shall be allowed for the taxable years beginning on or after January 1, 2023 and before January 1, 2026. The aggregate amount of credit allowable shall not exceed $3,000,000 in a given year. The department of finance shall determine how to allocate the aggregate amount of credit among eligible taxpayers by rule. Hearing Held by Committee   Action details Not available Int 1070-2023 * Jennifer Gutiérrez     A biotechnology credit against the general corporation tax, the unincorporated business tax, and the corporate tax of 2015. Introduction This bill would renew lapsed tax credits against the General Corporation Tax, the Unincorporated Business Tax, and the Corporate Tax of 2015 for New York City-based companies engaged in biotechnology. The credit shall be allowed for the taxable years beginning on or after January 1, 2023 and before January 1, 2026. The aggregate amount of credit allowable shall not exceed $3,000,000 in a given year. The department of finance shall determine how to allocate the aggregate amount of credit among eligible taxpayers by rule. Amendment Proposed by Comm   Action details Not available Int 1070-2023 * Jennifer Gutiérrez     A biotechnology credit against the general corporation tax, the unincorporated business tax, and the corporate tax of 2015. Introduction This bill would renew lapsed tax credits against the General Corporation Tax, the Unincorporated Business Tax, and the Corporate Tax of 2015 for New York City-based companies engaged in biotechnology. The credit shall be allowed for the taxable years beginning on or after January 1, 2023 and before January 1, 2026. The aggregate amount of credit allowable shall not exceed $3,000,000 in a given year. The department of finance shall determine how to allocate the aggregate amount of credit among eligible taxpayers by rule. Amended by Committee   Action details Not available Int 1070-2023 A Jennifer Gutiérrez     A biotechnology credit against the general corporation tax, the unincorporated business tax, and the corporate tax of 2015. Introduction This bill would renew lapsed tax credits against the General Corporation Tax, the Unincorporated Business Tax, and the Corporate Tax of 2015 for New York City-based companies engaged in biotechnology. The credit shall be allowed for the taxable years beginning on or after January 1, 2023 and before January 1, 2026. The aggregate amount of credit allowable shall not exceed $3,000,000 in a given year. The department of finance shall determine how to allocate the aggregate amount of credit among eligible taxpayers by rule. Approved by Committee Pass Action details Not available Int 1209-2023 * Justin L. Brannan     Westchester Square business improvement district. Introduction This bill would authorize a change in the method of assessment upon which the district charge in the Westchester Square business improvement district is based. Hearing Held by Committee   Action details Not available Int 1209-2023 * Justin L. Brannan     Westchester Square business improvement district. Introduction This bill would authorize a change in the method of assessment upon which the district charge in the Westchester Square business improvement district is based. Approved by Committee Pass Action details Not available Int 1210-2023 * Justin L. Brannan     Authorizing an increase in the amount to be expended annually in four business improvement districts. Introduction This bill would authorize four existing business improvement districts throughout the City to increase the amount they expend annually as follows: Village Alliance Business Improvement District, $1,900,000; Brighton Beach Business Improvement District, $300,000; Fordham Road Business Improvement District, $1,510,000; and Meatpacking Area Business Improvement District, $6,200,000 Hearing Held by Committee   Action details Not available Int 1210-2023 * Justin L. Brannan     Authorizing an increase in the amount to be expended annually in four business improvement districts. Introduction This bill would authorize four existing business improvement districts throughout the City to increase the amount they expend annually as follows: Village Alliance Business Improvement District, $1,900,000; Brighton Beach Business Improvement District, $300,000; Fordham Road Business Improvement District, $1,510,000; and Meatpacking Area Business Improvement District, $6,200,000 Approved by Committee Pass Action details Not available LU 0286-2023 * Justin L. Brannan   Preconsidered Parkview Apartments, Block 2940, Lots 1, 6, and 72, Bronx, Community District 3, Council District No. 17. Land Use Application   Hearing on P-C Item by Comm   Action details Not available LU 0286-2023 * Justin L. Brannan     Parkview Apartments, Block 2940, Lots 1, 6, and 72, Bronx, Community District 3, Council District No. 17. Land Use Application   P-C Item Approved by Committee with Companion Resolution Pass Action details Not available LU 0287-2023 * Justin L. Brannan   Preconsidered WHGA Dunbar HDFC.HPO.FY24, Block 2035, Lot 1, Manhattan, Community District 10, Council District No. 9. Land Use Application   Hearing on P-C Item by Comm   Action details Not available LU 0287-2023 * Justin L. Brannan     WHGA Dunbar HDFC.HPO.FY24, Block 2035, Lot 1, Manhattan, Community District 10, Council District No. 9. Land Use Application   P-C Item Approved by Committee with Companion Resolution Pass Action details Not available