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New York State Budget Notes – May 2023 | Hodgson Russ LLP

With all the noise from the pro hockey and basketball playoffs and the start of the baseball season, you may have missed the dust-up in Albany that delayed the State’s budget by almost.

New yorkUnited statesNew providenceWhite plainsNew jerseyWinston churchillCapital costs tax credit program partHodgson russTransportation authorityHeating oil conversion tax credit partAppellate division of the supreme courtExpansion tax credit programExpansion programEnergy cost savings program creditTax departmentDepartment of taxation

Tax Provisions of Interest in the Proposed 2023-24 Budget Bill | Hodgson Russ LLP

Here are some highlights from the New York State Legislature’s proposed Revenue portions of the State’s 2023-24 Budget (Assembly Bill 3009/Senate Bill 4009)(the “Budget”).

New yorkUnited statesNew providenceHodgson russBudget the department of taxationBusiness enterprise programCapital costs tax credit program partDepartment of taxationSolar energy valuation modelS corporation conformityThird departmentAppellate division of the supreme courtRehabilitation of historic properties tax credit partDepartment of taxBudget assemblyHeating oil conversion tax credit part

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