{"data":{"id":"us-nyc/n.y.c.-admin.-code-l.l.-1985-011","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § L.L. 1985/011","heading":"L.L. 1985/011","body":"Enactment date: 2/7/1985\n\nInt. No. 488-A\n\nBy Council Member Sadowsky (by request of the Mayor)\n\nA Local Law to amend the administrative code of the city of New York, in relation to the exclusion from entire net income for general corporation tax purposes of refunds or credits of state franchise taxes which were not deductible in a prior year\n\nBe it enacted by the Council as follows:\n\n* * *\n\n[Consolidated provisions are not included in this Appendix A]\n\n* * *\n\n§ 2. This local law shall take effect immediately, and shall apply to all taxable years commencing on and after January first, nineteen hundred seventy-eight.","path":["New York City Administrative Code","1985"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"7d439f238f8b4206789400b57a9545863913f27623926df308c0a8d630585bf8","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-l.l.-1985-010","next":"us-nyc/n.y.c.-admin.-code-l.l.-1985-019"},"notice":"GroundRules: Original legal text. Not legal advice."}