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Assembly Bill A6968

2009-2010 Legislative Session

Requires reimbursements for erroneous taxations to be completed within ten days

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Archive: Last Bill Status - In Assembly Committee

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2009-A6968 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Amd §686, add §686-a, Tax L

2009-A6968 (ACTIVE) - Summary

Requires reimbursements for erroneously collected taxes to be completed within ten days.

2009-A6968 (ACTIVE) - Bill Text download pdf

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

                                  6968

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             March 18, 2009
                               ___________

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

AN ACT to amend the tax  law,  in  relation  to  expedited  disbursement
  procedure of erroneously collected taxes

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

  Section 1. Subsection (a) of section 686 of the tax law, as amended by
section 10 of part R of chapter 60 of the laws of 2004,  is  amended  to
read as follows:
  (a)  General.-- The commissioner [of taxation and finance], within the
applicable period of limitations, may credit an  overpayment  of  income
tax and interest on such overpayment against any liability in respect of
any  tax imposed by this chapter on the person who made the overpayment,
against any liability in respect of any  tax  imposed  pursuant  to  the
authority of this chapter or any other law on such person if such tax is
administered  by  the  commissioner  [of  taxation  and finance] and, as
provided  in   sections   one   hundred   seventy-one-c,   one   hundred
seventy-one-d,  one hundred seventy-one-e, one hundred seventy-one-f and
one hundred seventy-one-l of this chapter, against past-due  support,  a
past-due  legally enforceable debt, a city of New York tax warrant judg-
ment debt, and against the amount of a default in repayment of a guaran-
teed student, state university or  city  university  loan.  The  balance
shall  be  refunded  by  the  comptroller out of the proceeds of the tax
retained by him for such general purpose. [Any] WITH  THE  EXCEPTION  OF
ERRONEOUSLY  COLLECTED TAXES, AS PROVIDED IN SECTION SIX HUNDRED EIGHTY-
SIX-A OF THIS PART, ANY refund under this section  shall  be  made  only
upon  the  filing of a return and upon a certificate of the commissioner
[of taxation and finance] approved by the comptroller. The  comptroller,
as  a  condition  precedent  to  the approval of such a certificate, may
examine into the facts as disclosed by the return of the person who made

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02454-01-9

              

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