Northeast Assembly Thread
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Author Topic: Northeast Assembly Thread  (Read 377387 times)
Antonio the Sixth
Antonio V
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« Reply #300 on: October 17, 2009, 11:34:12 AM »

Aye
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cinyc
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« Reply #301 on: October 17, 2009, 01:14:28 PM »
« Edited: October 17, 2009, 01:55:45 PM by cinyc »

Aye, because the bill drops the close-in exception for 12-year-olds.
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Alexander Hamilton
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« Reply #302 on: October 17, 2009, 01:20:37 PM »

AYE
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Kalwejt
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« Reply #303 on: October 17, 2009, 01:23:21 PM »

Aye
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Antonio the Sixth
Antonio V
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« Reply #304 on: October 17, 2009, 01:37:53 PM »

This passed. Smiley
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Small Business Owner of Any Repute
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« Reply #305 on: October 17, 2009, 02:17:40 PM »

Aye, FTR.
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cinyc
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« Reply #306 on: October 17, 2009, 02:30:50 PM »


Not FTR - the vote is open until 12:31 PM tomorrow unless everyone votes sooner (Smid, that is).
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Alexander Hamilton
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« Reply #307 on: October 17, 2009, 02:31:41 PM »


Not FTR - the vote is open until 12:31 PM tomorrow unless everyone votes sooner (Smid, that is).

We need to find someone to put our work in the wiki. Maybe each bill's sponsor can update the wiki if their bill passes.
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Small Business Owner of Any Repute
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« Reply #308 on: October 17, 2009, 04:00:00 PM »


Not FTR - the vote is open until 12:31 PM tomorrow unless everyone votes sooner (Smid, that is).

We need to find someone to put our work in the wiki. Maybe each bill's sponsor can update the wiki if their bill passes.

I believe this is part of the job responsibilities of the Lt. Governor.
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Antonio the Sixth
Antonio V
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« Reply #309 on: October 17, 2009, 04:47:14 PM »


Not FTR - the vote is open until 12:31 PM tomorrow unless everyone votes sooner (Smid, that is).

We need to find someone to put our work in the wiki. Maybe each bill's sponsor can update the wiki if their bill passes.

I'll do as soon as mine will pass. Wink
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Alexander Hamilton
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« Reply #310 on: October 17, 2009, 05:06:16 PM »


Not FTR - the vote is open until 12:31 PM tomorrow unless everyone votes sooner (Smid, that is).

We need to find someone to put our work in the wiki. Maybe each bill's sponsor can update the wiki if their bill passes.

I believe this is part of the job responsibilities of the Lt. Governor.

Okay. Barnes can do it then!
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Hash
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« Reply #311 on: October 17, 2009, 05:12:35 PM »

Remember to use categories people.
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Kalwejt
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« Reply #312 on: October 17, 2009, 07:30:36 PM »


Yes, article on me have no category at all :/
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Smid
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« Reply #313 on: October 18, 2009, 12:30:49 AM »

Aye.
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Barnes
Roy Barnes 2010
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« Reply #314 on: October 18, 2009, 12:40:46 AM »

With all Representatives having voted, I end voting on this bill.

With six ayes, and zero nays, this Bill has passed unanimously.



Since, this is an Amendment to an already existing law, does it require the Governor's signature?
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Purple State
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« Reply #315 on: October 18, 2009, 12:41:23 AM »

It should. It is a law in its own right as well.
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Smid
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« Reply #316 on: October 18, 2009, 12:59:17 AM »

Yes, it still requires the Governor's signature. At least, that's how it typically works in real life, anyway.
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Antonio the Sixth
Antonio V
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« Reply #317 on: October 18, 2009, 02:23:17 AM »

Next bill ?
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Alexander Hamilton
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« Reply #318 on: October 18, 2009, 03:51:55 AM »


We've got tax cuts coming up.
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Barnes
Roy Barnes 2010
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« Reply #319 on: October 18, 2009, 11:05:05 AM »

Alright, well I present the Bill to the Governor for his signature or veto.
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Barnes
Roy Barnes 2010
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« Reply #320 on: October 18, 2009, 11:06:55 AM »

Economic Recovery Tax Act of 2009
Three sections shall be added to the Northeast Tax Code as follows:

1.  Investment Tax Credit
(a) All individual and corporate taxpayers shall be entitled to a tax credit equal to the full amount of any capital expenditure made during the 2009 tax year that would otherwise have been required to be depreciated over time under the Northeast Tax Code.
(b) This tax credit shall be subject to recapture if a taxpayer sells or otherwise disposes of the capital asset subject to this credit before the end of the period during which such capital asset would have been required to be depreciated under the Northeast Tax Code but for the provisions of Section 1(a).
(c) The Northeast Tax Commissioner shall have the power to issue regulations preventing the abuse of Section 1(a).

2. Making Work Pay Tax Credit

(a) All individual taxpayers shall be entitled to a $1,000 tax credit against earned income in the 2009 tax year.
(b) The availability of this credit shall not be subject to any income limitations otherwise provided in the Northeast Tax Code.
(c) This credit shall not be refundable.

3. Taxation of Unemployment Benefits
The first $25,000 of unemployment benefits received during each of the 2009 and 2010 tax years shall not be subject to tax under the Northeast Tax Code.

Effective Date
This Act shall be effective for income received during the 2009 and, where specified, 2010 tax years, regardless of whether earned before the date hereof.

Sponsor: Rep. Ciync

The motion is that the Bill be considered.

All of that opinion say "Aye," to the contrary, "No." The Ayes have it.

The sponsor, Representative cinyc, has the floor.
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Kalwejt
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« Reply #321 on: October 18, 2009, 11:26:31 AM »

I have a question for the President.

Is there a schedulde for order of bill for consideration and, if so, can you publish that order

Thank you.
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Small Business Owner of Any Repute
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« Reply #322 on: October 18, 2009, 11:31:29 AM »

Economic Recovery Tax Act of 2009
Three sections shall be added to the Northeast Tax Code as follows:

1.  Investment Tax Credit
(a) All individual and corporate taxpayers shall be entitled to a tax credit equal to the full amount of any capital expenditure made during the 2009 tax year that would otherwise have been required to be depreciated over time under the Northeast Tax Code.
(b) This tax credit shall be subject to recapture if a taxpayer sells or otherwise disposes of the capital asset subject to this credit before the end of the period during which such capital asset would have been required to be depreciated under the Northeast Tax Code but for the provisions of Section 1(a).
(c) The Northeast Tax Commissioner shall have the power to issue regulations preventing the abuse of Section 1(a).

2. Making Work Pay Tax Credit

(a) All individual taxpayers shall be entitled to a $1,000 tax credit against earned income in the 2009 tax year.
(b) The availability of this credit shall not be subject to any income limitations otherwise provided in the Northeast Tax Code.
(c) This credit shall not be refundable.

3. Taxation of Unemployment Benefits
The first $25,000 of unemployment benefits received during each of the 2009 and 2010 tax years shall not be subject to tax under the Northeast Tax Code.

Effective Date
This Act shall be effective for income received during the 2009 and, where specified, 2010 tax years, regardless of whether earned before the date hereof.

Sponsor: Rep. Ciync

The motion is that the Bill be considered.

All of that opinion say "Aye," to the contrary, "No." The Ayes have it.

The sponsor, Representative cinyc, has the floor.


I have no problem with making unemployment benefits tax deductible... I think that's a great idea that saves people a lot of trouble down the road.  I'm a little bit concerned about the $1,000 giveaway.

That's a lot of money.  Like, a lot of money.  Especially when you multiply it by the population of the Northeast, and especially when you consider that we're just the regional government.
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Barnes
Roy Barnes 2010
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« Reply #323 on: October 18, 2009, 11:42:45 AM »

I have a question for the President.

Is there a schedulde for order of bill for consideration and, if so, can you publish that order

Thank you.

Well, I'm trying to do it by the order in which they were introduced in the Legislation thread.  And since cinyc very kindly tabled his Bill, so we could debate changes to the SOAP, I feel obliged to go back to it.

Certain things, I believe, require immediate attention, such as the Constitutional Amendment to limit the number of Reps., proposed by Hamilton. Which will probably be the first or second Bill considered in the next Assembly.
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cinyc
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« Reply #324 on: October 18, 2009, 01:33:25 PM »
« Edited: October 18, 2009, 01:46:21 PM by cinyc »

I have no problem with making unemployment benefits tax deductible... I think that's a great idea that saves people a lot of trouble down the road.  I'm a little bit concerned about the $1,000 giveaway.

That's a lot of money.  Like, a lot of money.  Especially when you multiply it by the population of the Northeast, and especially when you consider that we're just the regional government.

Well, we can discuss lowering it if you think it's too much.  But, as drafted, if our tax rate is 5% (which would be about right for a Northeast US state), it will have the effect of exempting the first $20,000 in taxable earned income (after deductions - which the Northeast might not even have) from tax.  It was supposed to be the rough equivalent of not taxing the first $25,000 in unemployment compensation.

What is our tax rate?  Best I can tell, it's a flat 5.5% - meaning the bill would exempt the first $18,182 in earned income from taxes.

My statement on the tax bill is back on page 13, here.  Basically, this bill is partially in response to GM Purple State's suggestion that we provide tax relief to help the Northeast weather the recession.
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