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Select Committee Releases Report on NYS's Sales Tax

(Albany, NY) – Today, the New York State Senate Select Committee on Budget and Tax Reform released a staff report detailing how the State’s sales tax is failing to keep pace with economic and technological trends.

The sales tax, which then-Governor Nelson A. Rockefeller passed in 1965 to provided added aid to municipalities and schools, is being impacted by economic, technological and political trends. These trends — examined in the report — include:

· the shift from an industrial-based economy to a service-based economy;

· rampant growth in sales tax exemptions and credits;

· uncollected sales tax revenues because of mail order and Internet sales.

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SalesTax Report

September 2, 2010
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Select Committee Releases Report on Changing New York's Fiscal Year

SENATOR KRUEGER UNVEILS REFORM PACKAGE TO COUNTERBALANCE NEW YORK’S STRUCTURAL BUDGET DEFICIT 

Select Committee on Budget and Tax Reform report identifies June 1 as a superior fiscal year start date for New York State

(Albany, NY) Senator Liz Krueger (D-Manhattan) released today a comprehensive package of legislation designed to install into New York State’s budget process the discipline and forward thinking that have long been absent from its fiscal planning process.

File: 
Fiscal Year White Paper

April 7, 2010
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Select Committee Releases 2009 Annual Report

The Select Committee on Budget and Tax Reform has released a 2009 Annual Report, which highlights the activities of the committee during its first year of operation.

By the beginning of 2009, it became evident that New York tax policy needed a thorough review.  The ad hoc changes to the state’s revenue system have created a tax structure that is not linked to current policy goals. The tax system is riddled with loopholes and tax expenditures that need to be re-evaluated to determine whether they serve a public purpose.

File: 
2009 Anual Report

March 19, 2010
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Testimony from Dec. 17 Public Hearing on Budget Reform

On Dec. 17, 2009, the Select Committee on Budget and Tax Reform held a public hearing in Manhattan on improving transparency, forecasting and flexibilty in New York State's budget process. The Select Committee heard oral testimony from eight experts on state budgeting issues and received written testimony from two others.

Below are links for the written testimony some experts submitted to the Select Committee for the public hearing. The Select Committee's staff will issue a report detailing key findings and conclusions from information gathered during the event.

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Public hearing transcript

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Testimony from E.J. McMahn of the Empire Center for New York State Policy

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Testimony from George Sweeting of the City of New York Independent Budget Office

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Testimoony from Sally Robinson of the League of Women Voters of New York State

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Testimony from Blair Horner of the New York State Public Interest Research Group

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Testimony from Stephen Acquario of the New York State Association of Counties

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Testimony from Carol O'Cleireacain of the Brookings Institution

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Testimony from Elizabeth Lyman of Citizens Budget Commission

December 28, 2009
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Select Committee Staff Report on Property Tax Exemptions

Senator Liz Krueger (D-Manhattan) released today a comprehensive report by the Senate Select Committee on Budget and Tax Reform on New York State’s property tax exemption system and its impacts on taxpayers.   The report, which is based on oral and written statements from the Select Committee's October 13 roundtable in Albany, explores why the Legislature has struggled with controlling the growth of these exemptions over the past three decades.

File: 
Select Committee Staff Report

December 16, 2009
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Testimony from October 13 roundtable on property tax exemptions

On Oct. 13, 2009, the Select Committee on Budget and Tax Reform held a roundtable in Albany on evaluating the needs for and costs of New York State's property tax exemptions. The Select Committee discussed this issue with 18 experts primarily representing local government, economic development and nonprofit organizations from around the state.

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Rountable transcript

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Testimony from Brian Houseal of the Adirondack Council

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Testimony from Michael West of the New York Council of Nonprofits

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Testimony from the New York State Association of Directors of Real Property Tax Services

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testimony from W. Wililam Batt of the Central Research Group

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Testiony from Gene DeSantis of Milkin & Ross (for the New York Sate Camp Directors Association

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Testimony from Jerry Jennings of the City of Albany

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Testimony of Carol LaGrasse of The Property Rights Foundation of America

November 10, 2009
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Select Committee receives staff report on modernizing New York State's telecommunications taxes

The Select Committee on Budget and Tax Reform on Thursday received a staff report on modernizing New York State's telecommunications taxes.

The report, which is based on oral and written statements from the Select Committee's August 12 roundtable, notes how New York State’s telecommunications tax system is long overdue for an upgrade. The last time it received a major overhaul was nearly 15 years ago — after an appellate court ruled that the state’s Utilities Tax discriminated against interstate and foreign commerce.

File: 
Staff Report

September 25, 2009
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Testimony from Aug. 12 roundtable on modernizing New York State's telecommunications taxes

On Aug. 12, 2009, the Select Committee on Budget and Tax Reform held a roundtable in Albany on modernizing New York State's telecommunications taxes. The Select Committee discussed this issue with nine telecommunications tax policy experts from around the country.

Below are links for the written testimony some experts submitted to the Select Committee for the roundtable. The Select Committee's staff will issue a report detailing key findings and conclusions from information gathered during the roundtable.

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Testimony from Stephen Kranz of Sutherland Asbill & Brennan LLP

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Testimony from Scott Mackey of Kimbell Sherman Ellis LLP (forVerizon/Verizon Wireless/AT&T/Sprint/T-Mobile)

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Supplemental materials from Scott Mackey of Kimbell Sherman Ellis LLP (forVerizon/Verizon Wireless/AT&T/Sprint/T-Mobile)

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Testimony from Robert Puckett of the New York State Telecommunications Association

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Testimony from Louis Manuta of the Punblic Utility Law Project of New York

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Testimony from Eric Tresh of Sutherlan Asbill & Brennan LLP (for the Cable Telecommunications Association of New York)

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Written testimony from Jeremy Kudon for DISH Network and DirectTV

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Oral testimony from Jeremy Kudon for DISH Network and DirectTV

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Supplemental information from Jeremy Kudon for DISH Network and DirectTV

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Supplemental information from from Jeremy Kudon for DISH Network and DirectTV

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Supplemental information from Jeremy Kudon for DISH Network and DirectTV

August 13, 2009
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Select Committee receives staff report on New York State's business and banking taxes

The Select Committee on Budget and Tax Reform has received a staff report detailing the key findings and conclusions from its public hearings on New York State’s businesses tax in Rochester on April 30 and New York City on May 21.

File: 
Staff Report

July 9, 2009
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Testimony from May 21 public hearing on business and banking tax reform

On May 21, 2009, the Select Committee on Budget and Tax Reform held a public hearing in New York City to evaluate the equitability of New York State's business and banking tax structures and their effectiveness to foster economic growth statewide. The Select Committee heard oral testimony from 10 experts and collected written testimony from several other interested parties.

Below are links for the testimony that was submitted to the Select Committee. The Select Committee's staff will issue a report detailing the key findings and conclusions from the testimony.

File: 
Transcript of May 21, 2009 public hearing

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Testimony from James Parrot of the Fiscal Policy Institute

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Testimony from Peter Faber of The Partnership for New York City

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Testimony from Michael Smith of the New York Bankers Association

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Testimony from Matthew Gardner of the Institute on Taxation and Economic Policy

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Testimony from Angela Miele of the Motion Picture Association of America

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Testimony from Nancy Lancia of the Securities Industry and Financial Markets Association

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Handout from Nancy Lancia of the Securities Industry and Financial Markets Association

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Testimony from the Clearing House Association

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Testimony fron John Huddleston of the Multi State Commission

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Testimony from Nathan Newman of the Progressive States Network

May 22, 2009
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