senate Bill S2591

Extends the authority of the city of New Rochelle to impose an additional sales and compensating use tax

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Sponsor

Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 22 / Jan / 2013
    • REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
  • 30 / May / 2013
    • 1ST REPORT CAL.845
  • 03 / Jun / 2013
    • 2ND REPORT CAL.
  • 04 / Jun / 2013
    • ADVANCED TO THIRD READING
  • 21 / Jun / 2013
    • SUBSTITUTED BY A5138

Summary

Extends the authority of the city of New Rochelle to impose an additional sales and compensating use tax.

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Bill Details

See Assembly Version of this Bill:
A5138
Versions:
S2591
Legislative Cycle:
2013-2014
Law Section:
Tax Law
Laws Affected:
Amd ยง1210, Tax L

Votes

7
0
7
Aye
0
Nay
1
aye with reservations
0
absent
1
excused
0
abstained
show Investigations and Government Operations committee vote details

Sponsor Memo

BILL NUMBER:S2591

TITLE OF BILL:
An act
to amend the tax law,
in relation to
extending the authorization of the city of New Rochelle to impose an
additional sales and compensating use tax

PURPOSE OR GENERAL IDEA OF BILL: Amends the tax law
to authorize the
city of New Rochelle to adopt and amend local laws, ordinances or
resolutions to continue to impose a one percent additional tax rate
during the period beginning January 1, 2014 and ending December 31,
2015.

SUMMARY OF SPECIFIC PROVISIONS: Section 1 Clause 4 of
subparagraph
(ii) of the opening paragraph of section 1210 of the tax law, as
amended by chapter 111 of the laws of 2011, is amended to read as
follows:

(4) the city of New Rochelle is hereby further authorized and
empowered to adopt and amend local laws, ordinances or resolutions
imposing such taxes at a rate which is one percent additional to the
three percent rate authorized above in this paragraph for such city
for the period beginning September 1, 1993 and ending December 31, 2015

JUSTIFICATION: The city of New Rochelle is requesting
authorization
from the legislature to impose an additional one percent sales and
compensating use tax above the standard three percent rate for the
period January 1, 2014 to December 31, 2015. Revenues from the
additional tax will assist the City of New Rochelle in providing
essential services, while maintaining a balanced budget.

PRIOR LEGISLATIVE HISTORY:
2011- A. 3243- Latimer Chapter 111 of 2011
2009- A.288 - Latimer Chapter 253 of 2009
2007- A.7903 - Latimer (Rules) Chapter 253 of 2007
2005 - A.8769 -Latimer (Rules) Chapter 350 of 2005

FISCAL IMPLICATIONS: None to the State.

LOCAL FISCAL IMPLICATIONS: Approximately $9 million
in additional
revenues for the City of New Rochelle annually.

EFFECTIVE DATE: Immediately.

view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2591

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 22, 2013
                               ___________

Introduced  by  Sen. LATIMER -- read twice and ordered printed, and when
  printed to be committed to the Committee on Investigations and Govern-
  ment Operations

AN ACT to amend the tax law, in relation to extending the  authorization
  of  the city of New Rochelle to impose an additional sales and compen-
  sating use tax

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Clause 4 of subparagraph (ii) of the opening paragraph of
section 1210 of the tax law, as amended by chapter 111 of  the  laws  of
2011, is amended to read as follows:
  (4)  the  city  of  New  Rochelle  is  hereby  further  authorized and
empowered to adopt and  amend  local  laws,  ordinances  or  resolutions
imposing  such  taxes  at  a rate which is one percent additional to the
three percent rate authorized above in this paragraph for such city  for
the  period beginning September first, nineteen hundred ninety-three and
ending December thirty-first, two thousand [thirteen] FIFTEEN;
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07326-01-3

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