assembly Bill A4499

Exempts refinancing of certain mortgages from tax on mortgages

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Sponsor

Bill Status


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

actions

Summary

Exempts refinancing of certain mortgages from tax on mortgages.

Bill Details

Versions:
A4499
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §252-a, Tax L
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4499

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2013
                               ___________

Introduced  by  M. of A. RAIA, CROUCH, GIGLIO, KOLB, McKEVITT, SALADINO,
  MALLIOTAKIS -- Multi-Sponsored by -- M. of A. McDONOUGH --  read  once
  and referred to the Committee on Ways and Means

AN ACT to amend the tax law, in relation to exempting the refinancing of
  certain mortgages from the tax on mortgages

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

  Section 1. Section 252-a of the tax law is amended  by  adding  a  new
subdivision 3 to read as follows:
  3.  ANY  MORTGAGE OF RESIDENTIAL REAL PROPERTY WHICH SECURES A DEBT OF
LESS THAN THREE HUNDRED THOUSAND DOLLARS, WHERE SUCH MORTGAGE DISCHARGES
A PRIOR MORTGAGE ON THE SAME  RESIDENTIAL  REAL  PROPERTY  AND  ALL  THE
PARTIES  TO BOTH MORTGAGES ARE THE SAME, SHALL BE EXEMPT FROM ANY TAX OR
FEE IMPOSED BY THIS ARTICLE.
  S 2. This act shall take effect on the first of January next  succeed-
ing the date on which it shall have become a law.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05171-01-3

assembly Bill A4486

Prohibits the legislature from recessing after the start of the state fiscal year until it has passed a budget

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Sponsor

Bill Status


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

actions

Summary

Prohibits the legislature from recessing after the start of the state fiscal year until it has passed a budget; allows recess during such period for public holidays.

Bill Details

See Senate Version of this Bill:
S1967
Versions:
A4486
Current Committee:
Law Section:
Legislative Law
Laws Affected:
Amd §5, add §53-a, Leg L
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4486

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2013
                               ___________

Introduced  by  M. of A. OAKS, BLANKENBUSH, BUTLER, CORWIN, FINCH, GRAF,
  MONTESANO, PALMESANO, RABBITT, RAIA, TEDISCO,  WALTER  --  Multi-Spon-
  sored by -- M. of A. BARCLAY, CERETTO, CROUCH, DUPREY, FRIEND, GIGLIO,
  HAWLEY,  JOHNS,  JORDAN, KOLB, P. LOPEZ, McDONOUGH, McLAUGHLIN, TENNEY
  -- read once and referred to the Committee on Ways and Means

AN ACT to amend the legislative law,  in  relation  to  prohibiting  the
  legislature  from recessing after the commencement of the state fiscal
  year until it has enacted a budget for such year

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

  Section 1. Subdivision 3 of section 5 of the legislative law, as added
by chapter 635 of the laws of 1998, is amended to read as follows:
  3.  "Legislative  passage  of  the budget", solely for the purposes of
this section and [section] SECTIONS five-a  AND  FIFTY-THREE-A  of  this
[article]  CHAPTER,  shall  mean  that  the  appropriation bill or bills
submitted by the governor pursuant to section three of article seven  of
the  state constitution have been finally acted on by both houses of the
legislature in accordance with article seven of the  state  constitution
and the state comptroller has determined that such appropriation bill or
bills  that have been finally acted on by the legislature are sufficient
for the ongoing operation and support  of  state  government  and  local
assistance for the ensuing fiscal year. In addition, legislation submit-
ted  by  the  governor pursuant to section three of article seven of the
state constitution determined  necessary  by  the  legislature  for  the
effective  implementation of such appropriation bill or bills shall have
been acted on. Nothing in this section shall be construed to affect  the
prohibition  contained  in  section  five  of article seven of the state
constitution.
  S 2. The legislative law is amended by adding a new  section  53-a  to
read as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04389-01-3

A. 4486                             2

  S 53-A. FAILURE TO ENACT A TIMELY BUDGET; PROHIBIT RECESS. IF UPON THE
COMMENCEMENT  OF  THE  FISCAL  YEAR,  AS DEFINED IN SECTION THREE OF THE
STATE FINANCE LAW, LEGISLATIVE PASSAGE OF  THE  BUDGET,  AS  DEFINED  IN
SUBDIVISION THREE OF SECTION FIVE OF THIS CHAPTER, HAS NOT OCCURRED, THE
LEGISLATURE  SHALL NOT RECESS UNTIL SUCH PASSAGE OCCURS, EXCEPT THAT THE
LEGISLATURE MAY RECESS DURING SUCH PERIOD FOR PUBLIC HOLIDAYS.
  S 3. This act shall take effect immediately.

assembly Bill A4485

Directs the commissioner of taxation and finance to establish a procedure whereby persons owing payment to the state may offset obligations of the state to them

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Sponsor

Bill Status


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

actions

Summary

Directs the commissioner of taxation and finance, by rules and regulations, to establish a procedure whereby persons owing payment to a state agency may offset against such payment the amount of any debt owed by a state agency.

Bill Details

Versions:
A4485
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §171, Tax L
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4485

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2013
                               ___________

Introduced  by  M.  of  A.  MONTESANO  -- Multi-Sponsored by -- M. of A.
  BARCLAY, HAWLEY, OAKS, THIELE -- read once and referred to the Commit-
  tee on Ways and Means

AN ACT to amend the tax law, in relation to authorizing  the  offset  of
  debts to the state against obligations of the state

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

  Section 1. Section 171 of the tax law  is  amended  by  adding  a  new
subdivision twenty-ninth to read as follows:
  TWENTY-NINTH.  ESTABLISH  BY RULES AND REGULATIONS A PROCEDURE WHEREBY
ANY PERSON OBLIGATED TO MAKE PAYMENT TO ANY STATE AGENCY, AS DEFINED  IN
SECTION  ONE  HUNDRED SEVENTY-ONE-F OF THIS ARTICLE, MAY SET OFF AGAINST
SUCH PAYMENT THE AMOUNT OF ANY DEBT OWED BY A STATE  AGENCY,  AS  HEREIN
DEFINED, TO SUCH PERSON.
  S 2. This act shall take effect on the one hundred eightieth day after
it  shall  have become a law; provided that the commissioner of taxation
and finance is authorized to promulgate any  and  all  rules  and  regu-
lations  and  take any other measures necessary to implement this act on
its effective date on or before such date.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08284-01-3

assembly Bill A4478B

Enacts "Averyana's law" to provide a tax credit for the installation of smoke detectors

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Sponsor

Bill Status


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

actions

Summary

Enacts "Averyana's law"; provides a tax credit for the purchase and installation of certain smoke alarms which incorporate photoelectric technology including but not limited to: photoelectric detectors; dual photoelectric/ionization detectors; and photoelectric/carbon monoxide detectors.

Bill Details

See Senate Version of this Bill:
S3299B
Versions:
A4478
A4478A
A4478B
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §606, Tax L
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 4478--B

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2013
                               ___________

Introduced  by M. of A. FINCH -- read once and referred to the Committee
  on Ways and Means  --  committee  discharged,  bill  amended,  ordered
  reprinted  as amended and recommitted to said committee -- recommitted
  to the Committee on Ways and Means in accordance with Assembly Rule 3,
  sec. 2 -- committee discharged, bill  amended,  ordered  reprinted  as
  amended and recommitted to said committee

AN ACT to amend the tax law, in relation to enacting "Averyana's law"

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

  Section 1. This act shall be known and may  be  cited  as  "Averyana's
law".
  S  2.    Subsections  (yy)  and (zz) of section 606 of the tax law, as
relettered by section 5 of part H of chapter 1 of the laws of 2003,  are
relettered  subsections  (yyy)  and  (zzz)  and a new subsection (xx) is
added to read as follows:
  (XX) CREDIT FOR INSTALLATION OF SMOKE ALARMS.  ANY RESIDENT  OWNER  OF
REAL PROPERTY AS DEFINED IN SECTION ONE HUNDRED TWO OF THE REAL PROPERTY
TAX  LAW  SHALL  BE  ALLOWED  A CREDIT AGAINST THE TAX OTHERWISE IMPOSED
UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO  THE  COST  OF  PURCHASING  AND
INSTALLING CERTAIN SMOKE ALARMS WHICH INCORPORATE PHOTOELECTRIC TECHNOL-
OGY,  INCLUDING,  BUT  NOT  LIMITED  TO,  PHOTOELECTRIC  DETECTORS; DUAL
PHOTOELECTRIC/IONIZATION DETECTORS;  AND  PHOTOELECTRIC/CARBON  MONOXIDE
DETECTORS IN HIS OR HER RESIDENCE.
  S 3. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2014.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00866-05-4

assembly Bill A4478A

Amended

Enacts "Averyana's law" to provide a tax credit for the installation of smoke detectors

download pdf

Sponsor

Bill Status


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

actions

Summary

Enacts "Averyana's law"; provides a tax credit for the purchase and installation of certain smoke alarms which incorporate photoelectric technology including but not limited to: photoelectric detectors; dual photoelectric/ionization detectors; and photoelectric/carbon monoxide detectors.

Bill Details

Versions:
A4478
A4478A
A4478B
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §606, Tax L
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 4478--A

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2013
                               ___________

Introduced  by M. of A. FINCH -- read once and referred to the Committee
  on Ways and Means  --  committee  discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN ACT to amend the tax law, in relation to enacting "Averyana's law"

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

  Section 1. This act shall be known and may  be  cited  as  "Averyana's
law".
  S  2. Section 606 of the tax law is amended by adding a new subsection
(vv) to read as follows:
  (VV) CREDIT FOR INSTALLATION OF SMOKE ALARMS.  ANY RESIDENT  OWNER  OF
REAL PROPERTY AS DEFINED IN SECTION ONE HUNDRED TWO OF THE REAL PROPERTY
TAX  LAW  SHALL  BE  ALLOWED  A CREDIT AGAINST THE TAX OTHERWISE IMPOSED
UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO  THE  COST  OF  PURCHASING  AND
INSTALLING CERTAIN SMOKE ALARMS WHICH INCORPORATE PHOTOELECTRIC TECHNOL-
OGY,  INCLUDING,  BUT  NOT  LIMITED  TO,  PHOTOELECTRIC  DETECTORS; DUAL
PHOTOELECTRIC/IONIZATION DETECTORS;  AND  PHOTOELECTRIC/CARBON  MONOXIDE
DETECTORS IN HIS OR HER RESIDENCE.
  S 3. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2013.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00866-03-3

assembly Bill A4478

Amended

Enacts "Averyana's law" to provide a tax credit for the installation of smoke detectors

download pdf

Sponsor

Bill Status


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

actions

Summary

Enacts "Averyana's law"; provides a tax credit for the purchase and installation of certain smoke alarms which incorporate photoelectric technology including but not limited to: photoelectric detectors; dual photoelectric/ionization detectors; and photoelectric/carbon monoxide detectors.

Bill Details

Versions:
A4478
A4478A
A4478B
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §606, Tax L
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4478

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2013
                               ___________

Introduced  by M. of A. FINCH -- read once and referred to the Committee
  on Ways and Means

AN ACT to amend the tax law, in relation to enacting "Averyana's law"

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

  Section  1.  This  act  shall be known and may be cited as "Averyana's
law".
  S 2. Section 606 of the tax law is amended by adding a new  subsection
(vv) to read as follows:
  (VV)  CREDIT  FOR INSTALLATION OF SMOKE DETECTORS.  ANY RESIDENT OWNER
OF REAL PROPERTY AS DEFINED IN SECTION ONE HUNDRED TWO OF THE REAL PROP-
ERTY TAX LAW SHALL BE ALLOWED A CREDIT AGAINST THE TAX OTHERWISE IMPOSED
UNDER THIS ARTICLE IN AN AMOUNT EQUAL TO  THE  COST  OF  PURCHASING  AND
INSTALLING SMOKE DETECTORS IN HIS OR HER RESIDENCE.
  S 3. This act shall take effect immediately and shall apply to taxable
years beginning on or after January 1, 2013.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00866-01-3

assembly Bill A4456

Provides that books sold in a school facility at a school book fair sponsored by a parent-teachers' association, booster club or similar group shall be exempt from sales 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
view actions

actions

Summary

Provides that books sold in a school facility at a school book fair sponsored by a parent-teachers' association, booster club or similar group shall be exempt from sales and the compensating use tax.

Bill Details

Versions:
A4456
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §1115, Tax L
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4456

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2013
                               ___________

Introduced by M. of A. CURRAN -- read once and referred to the Committee
  on Ways and Means

AN  ACT  to  amend the tax law, in relation to exempting books sold at a
  school book fair from sales and use taxes

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

  Section  1.  Subdivision (a) of section 1115 of the tax law is amended
by adding a new paragraph 44 to read as follows:
  (44) BOOKS SOLD IN A SCHOOL FACILITY AT A SCHOOL BOOK  FAIR  SPONSORED
BY A SCHOOL RELATED ENTITY, INCLUDING BUT NOT LIMITED TO A PARENT-TEACH-
ERS' ASSOCIATION OR A BOOSTER CLUB.
  S  2.  This act shall take effect on the first of July next succeeding
the date on which it shall have become a law.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08433-01-3

assembly Bill A4445

Provides that the hotel room occupancy tax cannot be imposed in the county of Richmond

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Sponsor

Bill Status


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

actions

Summary

Provides that the hotel room occupancy tax cannot be imposed in the county of Richmond.

Bill Details

See Senate Version of this Bill:
S4152
Versions:
A4445
Current Committee:
Law Section:
Richmond County
Laws Affected:
Amd §1, Chap 161 of 1970
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4445

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2013
                               ___________

Introduced  by M. of A. BORELLI -- read once and referred to the Commit-
  tee on Ways and Means

AN ACT to amend chapter 161 of the  laws  of  1970,  enabling  any  city
  having a population of one million or more to impose and collect taxes
  on occupancy of hotel rooms in such city, in relation to exempting the
  county of Richmond from the imposition of such taxes

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

  Section 1. The opening paragraph of subdivision  1  of  section  1  of
chapter  161  of the laws of 1970, enabling any city having a population
of one million or more to impose and collect taxes on occupancy of hotel
rooms in such city, as amended by chapter 253 of the laws  of  1980,  is
amended to read as follows:
  Notwithstanding  any other provision of law to the contrary, EXCEPT IN
THE COUNTY OF RICHMOND, any city having a population of one  million  or
more  is  hereby  authorized and empowered to adopt and amend local laws
imposing in any such city a tax in addition to any  tax  authorized  and
imposed  pursuant  to  article  twenty-nine  of  the tax law such as the
legislature has or would have the  power  and  authority  to  impose  on
persons  occupying hotel rooms in such city. The rates of such tax shall
be either the rates contained in the  following  paragraph  (a)  or  the
rates contained in the following paragraph (b):
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07080-01-3

assembly Bill A4439

Requires the commissioner of taxation and finance to create a tax exempt form that will allow students to avoid paying sales tax on books

download pdf

Sponsor

Bill Status


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

actions

Summary

Requires the commissioner of taxation and finance in conjunction with the commissioner of education to create a tax exempt form that will allow elementary and secondary school students to avoid paying sales tax on any books they purchase.

Bill Details

Versions:
A4439
Current Committee:
Law Section:
Tax Law
Laws Affected:
Add §38, Tax L
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4439

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2013
                               ___________

Introduced  by M. of A. BORELLI -- read once and referred to the Commit-
  tee on Ways and Means

AN ACT to amend the tax law, in relation to requiring  the  commissioner
  of taxation and finance in conjunction with the commissioner of educa-
  tion  to  create  a  tax exempt form that will allow students to avoid
  paying sales tax on any books they purchase

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

  Section  1.  The tax law is amended by adding a new section 38 to read
as follows:
  S 38. SALES TAX  EXEMPT  FORM  FOR  STUDENTS.    THE  COMMISSIONER  IN
CONJUNCTION  WITH THE COMMISSIONER OF EDUCATION SHALL CREATE A SALES TAX
EXEMPT FORM THAT WILL ALLOW ELEMENTARY AND SECONDARY SCHOOL STUDENTS  TO
AVOID PAYING SALES TAX ON ANY BOOKS.  THIS FORM SHALL BE GIVEN TO SCHOOL
DISTRICTS  IN  THE  STATE  AND THE SCHOOL DISTRICTS SHALL BE REQUIRED TO
DISPENSE THE FORMS TO THEIR  SCHOOLS  AND  STUDENTS.  THE  TERM  "SCHOOL
DISTRICT" SHALL MEAN A COMMON, UNION FREE, CENTRAL, CENTRAL HIGH SCHOOL,
OR CITY SCHOOL DISTRICT.
  S  2.  This act shall take effect on the first of July next succeeding
the year in which it shall have become a law;  provided,  however,  that
effective immediately, the addition, amendment and/or repeal of any rule
or regulation necessary for the implementation of this act on its effec-
tive  date  are  authorized  and directed to be made and completed on or
before such effective date.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07079-01-3

assembly Bill A4341

Imposes a tax on health maintenance organizations and establishes the medical malpractice relief fund

download pdf

Sponsor

Bill Status


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

actions

Summary

Imposes a tax on health maintenance organizations and establishes the medical malpractice relief fund.

Bill Details

Versions:
A4341
Current Committee:
Law Section:
Tax Law
Laws Affected:
Add Art 33-C §§1580 - 1582, Tax L; add §97-llll, St Fin L
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4341

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 4, 2013
                               ___________

Introduced  by M. of A. PERRY -- read once and referred to the Committee
  on Ways and Means

AN ACT to amend the tax law and the state finance law,  in  relation  to
  imposing  a  tax  on health maintenance organizations and creating the
  medical malpractice relief fund

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

  Section 1. The tax law is amended by adding a new article 33-C to read
as follows:
                              ARTICLE 33-C
                 TAX ON HEALTH MAINTENANCE ORGANIZATIONS
SECTION 1580. DEFINITION.
        1581. IMPOSITION OF TAX.
        1582. DEPOSIT AND DISPOSITION OF REVENUE.
  S  1580.  DEFINITION. FOR THE PURPOSE OF THIS ARTICLE, "HEALTH MAINTE-
NANCE ORGANIZATION" MEANS ANY  PERSON,  NATURAL  OR  CORPORATE,  OR  ANY
GROUPS  OF SUCH PERSONS WHO ENTER INTO AN ARRANGEMENT, AGREEMENT OR PLAN
OR ANY COMBINATION OF ARRANGEMENTS OR PLANS WHICH PROPOSE TO PROVIDE  OR
OFFER,  OR  WHICH  DO  PROVIDE OR OFFER, A COMPREHENSIVE HEALTH SERVICES
PLAN PURSUANT TO ARTICLE FORTY-FOUR OF THE PUBLIC HEALTH LAW.
  S 1581. IMPOSITION OF TAX. THERE IS HEREBY IMPOSED ON ANY HEALTH MAIN-
TENANCE ORGANIZATION ESTABLISHED PURSUANT TO ARTICLE FORTY-FOUR  OF  THE
PUBLIC  HEALTH  LAW  AND  AUTHORIZED  TO TRANSACT BUSINESS IN THIS STATE
UNDER A CERTIFICATE OF AUTHORITY FROM THE SUPERINTENDENT OF INSURANCE  A
TAX  AT  THE  RATE  OF  BETWEEN  ONE HALF PERCENT AND ONE PERCENT OF THE
REPORTED PROFITS EACH FISCAL YEAR. THE COMMISSIONER, IN CONJUNCTION WITH
THE SUPERINTENDENT OF INSURANCE SHALL PROMULGATE RULES  AND  REGULATIONS
NECESSARY  FOR THE IMPLEMENTATION OF THIS SECTION. NOTHING IN THIS ARTI-
CLE MODIFIES OR ABROGATES ANY PROVISION OF THE INSURANCE LAW.
  S 1582. DEPOSIT AND DISPOSITION OF REVENUE. ALL  TAXES,  INTEREST  AND
PENALTIES  COLLECTED  OR RECEIVED BY THE COMMISSIONER UNDER THIS ARTICLE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00107-01-3

A. 4341                             2

SHALL BE DEPOSITED INTO THE MEDICAL MALPRACTICE RELIEF FUND PURSUANT  TO
SECTION NINETY-SEVEN-LLLL OF THE STATE FINANCE LAW.
  S  2. The state finance law is amended by adding a new section 97-llll
to read as follows:
  S 97-LLLL. MEDICAL MALPRACTICE RELIEF FUND. 1. THERE IS HEREBY  ESTAB-
LISHED IN THE JOINT CUSTODY OF THE STATE COMPTROLLER AND THE COMMISSION-
ER  OF  TAXATION  AND  FINANCE A SPECIAL REVENUE FUND TO BE KNOWN AS THE
"MEDICAL MALPRACTICE RELIEF FUND".
  2. SUCH FUND SHALL CONSIST OF ALL MONEYS RECEIVED FROM TAXES  ASSESSED
ON  HEALTH  MAINTENANCE ORGANIZATIONS PURSUANT TO ARTICLE THIRTY-THREE-C
OF THE TAX LAW.
  3. MONEYS IN THE FUND SHALL BE KEPT SEPARATELY FROM AND SHALL  NOT  BE
COMMINGLED  WITH  ANY  OTHER  MONEYS  IN  THE CUSTODY OF THE STATE COMP-
TROLLER.
  4. MONEYS IN THE ACCOUNT, FOLLOWING APPROPRIATION BY THE  LEGISLATURE,
SHALL  BE EXPENDED BY THE SUPERINTENDENT OF INSURANCE FOR THE PURPOSE OF
PROVIDING RELIEF TO HEALTH CARE PRACTITIONERS BY REDUCING THE INCREASING
COSTS OF MEDICAL MALPRACTICE INSURANCE.
  S 3. This act shall take effect April 1, 2014; provided, however  that
effective immediately, the addition, amendment and/or repeal of any rule
or regulation necessary for the implementation of this act on its effec-
tive  date  are  authorized  and directed to be made and completed on or
before such effective date.

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