Bill
Bill > S00490
NY S00490
Provides a maximum $200 tax credit for taxpayer expenses associated with the development of open source and free software license programs.
summary
Introduced
01/04/2017
01/04/2017
In Committee
01/04/2017
01/04/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
2017-2018 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to providing a tax credit to individuals for up to two hundred dollars of expenses related to the development and posting of an open source or free license program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill provides a maximum $200 tax credit for taxpayer expenses associated with the development of open source and free software license programs. The credit is equal to up to 20% of the total out-of-pocket expenses incurred by the taxpayer in developing a program that is released under an open source or free software license recognized by the Open Source Initiative or the Free Software Foundation. The credit can be claimed by individual taxpayers, but they can only claim it for one program per year. If the credit exceeds the taxpayer's tax liability for the year, the excess can be carried over to the following year(s).
Committee Categories
Government Affairs
Sponsors (1)
Last Action
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (on 01/04/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://assembly.state.ny.us/leg/?default_fld=&bn=S00490&term=2017&Summary=Y&Actions=Y&Text=Y&Votes=Y |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S00490&term=2017&Summary=Y&Actions=Y&Text=Y&Votes=Y#S00490 |
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