New York senate advocates open source developer tax credit

Much has been made recently of large scale (previously proprietary) firms adopting new uber open stances and suddenly getting the open source religion.

As we have commented before… there’s a big difference between ‘making your product available on Linux’ and truly being an open source contributor and advocate of the community contribution model.

Small beer?

Although only leading to a potential maximum annual benefit of only US$200 per person, two New York senators have proposed a new tax credit system designed to benefit those who contribute solid code contributions.

Senator Daniel Squadron and Senator Ruth Hassell-Thompson have put forward proposals that would allow developers to claim for 20 per cent of the out-of-pocket costs of building and sharing open-source code.

Iain Thompson reports on The Register saying that the idea of rewarding developers in this way isn’t new – the concept was first put forward in 2006 by the Center for American Progress think tank.

Thompson quotes Squadron as follows, “I’ve also seen the cost-saving impacts open source can have for everyday users and businesses. Incentivizing open source software can attract more open source developers, create in-state jobs, and add to the state’s burgeoning technology sector.”

You can read the complete story at the above links.