NY State Senate Bill 2009-S3524

Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee

Introduced
- In Committee Assembly
- In Committee Senate
- On Floor Calendar Assembly
- On Floor Calendar Senate
- Passed Assembly
- Passed Senate
Delivered to Governor
Signed By Governor

Please enter your contact information

First Name

Last Name

Email Address

A valid email address is required.

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jan 06, 2010	referred to investigations and government operations
Mar 23, 2009	referred to investigations and government operations

co-Sponsors

2009-S3524 (ACTIVE) - Details

Current Committee:: Senate Investigations And Government Operations
Law Section:: Tax Law
Laws Affected:: Amd §601, Tax L
Versions Introduced in 2011-2012 Legislative Session:: S3773

2009-S3524 (ACTIVE) - Summary

Relates to the imposition of tax on individuals, beginning after 2009.

2009-S3524 (ACTIVE) - Sponsor Memo

2009-S3524 (ACTIVE) - Bill Text download pdf

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

                                  3524

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                             March 23, 2009
                               ___________

Introduced  by  Sens. RANZENHOFER, GOLDEN, LIBOUS, MORAHAN -- read twice
  and ordered printed, and when printed to be committed to the Committee
  on Investigations and Government Operations

AN ACT to amend the tax law, in relation to the  imposition  of  tax  on
  individuals

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

  Section 1. Subsections (a), (b) and (c) of section 601 of the tax law,
as amended by section 1 of part Y-3 of chapter 62 of the laws  of  2003,
are amended to read as follows:
  (a)  Resident  married  individuals  filing joint returns and resident
surviving spouses. There is hereby imposed for each taxable year on  the
New York taxable income of every resident married individual who makes a
single  return  jointly  with his spouse under subsection (b) of section
six hundred fifty-one and on the New York taxable income of every  resi-
dent  surviving spouse a tax determined in accordance with the following
tables:
  (1) FOR TAXABLE YEARS BEGINNING AFTER TWO THOUSAND NINE:

IF THE NEW YORK TAXABLE INCOME IS:    THE TAX IS:
NOT OVER $16,000                      3.6% OF THE NEW YORK TAXABLE
                                      INCOME
OVER $16,000 BUT NOT OVER $22,000     $576 PLUS 4% OF EXCESS OVER
                                      $16,000
OVER $22,000 BUT NOT OVER $26,000     $816 PLUS 4.75% OF EXCESS OVER
                                      $22,000
OVER $26,000 BUT NOT OVER $40,000     $1006 PLUS 5.3% OF EXCESS OVER
                                      $26,000
OVER $40,000 BUT NOT OVER $150,000    $1748 PLUS 6.2% OF EXCESS OVER
                                      $40,000
OVER $150,000                         $8568 PLUS 6.85% OF EXCESS OVER

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09295-01-9

S. 3524                             2

                                      $150,000

  (2) For taxable years beginning after two thousand
[five] SIX:

If the New York taxable income is:    The tax is:
Not over $16,000                      4% of the New York taxable
                                      income
Over $16,000 but not over $22,000     $640 plus 4.5% of excess over
                                      $16,000
Over $22,000 but not over $26,000     $910 plus 5.25% of excess over
                                      $22,000
Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over
                                      $26,000
Over $40,000                          $1,946 plus 6.85% of excess over
                                      $40,000

  [(2)] (3) For taxable years beginning in two thousand five:

If the New York taxable income is:    The tax is:
Not over $16,000                      4% of the New York taxable
                                      income
Over $16,000 but not over $22,000     $640 plus 4.5% of excess over
                                      $16,000
Over $22,000 but not over $26,000     $910 plus 5.25% of excess over
                                      $22,000
Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over
                                      $26,000
Over $40,000 but not over $150,000    $1,946 plus 6.85% of excess over
                                      $40,000
Over $150,000 but not over $500,000   $9,481 plus 7.25% of excess over
                                      $150,000
Over $500,000                         $34,856 plus 7.7% of excess over
                                      $500,000

  [(3)] (4) For taxable years beginning in two thousand four:

If the New York taxable income is:    The tax is:
Not over $16,000                      4% of the New York taxable
                                      income
Over $16,000 but not over $22,000     $640 plus 4.5% of excess over
                                      $16,000
Over $22,000 but not over $26,000     $910 plus 5.25% of excess over
                                      $22,000
Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over
                                      $26,000
Over $40,000 but not over $150,000    $1,946 plus 6.85% of excess over
                                      $40,000
Over $150,000 but not over $500,000   $9,481 plus 7.375% of excess over
                                      $150,000
Over $500,000                         $35,294 plus 7.7% of excess over
                                      $500,000

  [(4)] (5) For taxable years beginning in two thousand three:

S. 3524                             3

If the New York taxable income is:    The tax is:
Not over $16,000                      4% of the New York taxable
                                      income
Over $16,000 but not over $22,000     $640 plus 4.5% of excess over
                                      $16,000
Over $22,000 but not over $26,000     $910 plus 5.25% of excess over
                                      $22,000
Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over
                                      $26,000
Over $40,000 but not over $150,000    $1,946 plus 6.85% of excess over
                                      $40,000
Over $150,000 but not over $500,000   $9,481 plus 7.5% of excess over
                                      $150,000
Over $500,000                         $35,731 plus 7.7% of excess over
                                      $500,000

  [(5)]  (6)  For taxable years beginning after nineteen hundred ninety-
six and before two thousand three:

If the New York taxable income is:    The tax is:
Not over $16,000                      4% of the New York taxable
                                      income
Over $16,000 but not over $22,000     $640 plus 4.5% of excess over
                                      $16,000
Over $22,000 but not over $26,000     $910 plus 5.25% of excess over
                                      $22,000
Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over
                                      $26,000
Over $40,000                          $1,946 plus 6.85% of excess over
                                      $40,000

  [(6)] (7) For taxable years beginning in nineteen hundred ninety-six:

If the New York taxable income is:    The tax is:
Not over $11,000                      4% of the New York taxable
                                      income
Over $11,000 but not over $16,000     $440 plus 5% of excess over
                                      $11,000
Over $16,000 but not over $22,000     $690 plus 6% of excess over
                                      $16,000
Over $22,000                          $1,050 plus 7% of excess over
                                      $22,000
  [(7)] (8) For taxable years beginning in nineteen hundred ninety-five:

If the New York taxable income is:    The tax is:
Not over $13,000                      4.55% of the New York taxable
                                      income
Over $13,000 but not over $19,000     $592 plus 5.55% of excess over
                                      $13,000
Over $19,000 but not over $25,000     $925 plus 6.55% of excess over
                                      $19,000
Over $25,000                          $1,318 plus 7.5% of excess over
                                      $25,000

  [(8)] (9) For taxable years beginning after nineteen  hundred  eighty-
nine and before nineteen hundred ninety-five:

S. 3524                             4

If the New York taxable income is:    The tax is:
Not over $11,000                      4% of the New York taxable
                                      income
Over $11,000 but not over $16,000     $440 plus 5% of excess over
                                      $11,000
Over $16,000 but not over $22,000     $690 plus 6% of excess over
                                      $16,000
Over $22,000 but not over $26,000     $1,050 plus 7% of excess over
                                      $22,000
Over $26,000                          $1,330 plus 7.875% of excess over
                                      $26,000

  (b)  Resident  heads  of  households. There is hereby imposed for each
taxable year on the New York taxable income of every resident head of  a
household a tax determined in accordance with the following tables:
  (1) FOR TAXABLE YEARS BEGINNING AFTER TWO THOUSAND NINE:

IF THE NEW YORK TAXABLE INCOME IS:    THE TAX IS:
NOT OVER $11,000                      3.6% OF THE NEW YORK TAXABLE
                                      INCOME
OVER $11,000 BUT NOT OVER $15,000     $396 PLUS 4% OF EXCESS OVER
                                      $11,000
OVER $15,000 BUT NOT OVER $17,000     $572 PLUS 4.75% OF EXCESS OVER
                                      $15,000
OVER $17,000 BUT NOT OVER $30,000     $667 PLUS 5.3% OF EXCESS OVER
                                      $17,000
OVER $30,000 BUT NOT OVER $150,000    $1,356 PLUS 6.2% OF EXCESS OVER
                                      $30,000
OVER $150,000                         $8796 PLUS 6.85% OF EXCESS OVER
                                      $150,000
  (2) For taxable years beginning after two thousand
[five] SIX:

If the New York taxable income is:    The tax is:
Not over $11,000                      4% of the New York taxable
                                      income
Over $11,000 but not over $15,000     $440 plus 4.5% of excess over
                                      $11,000
Over $15,000 but not over $17,000     $620 plus 5.25% of excess over
                                      $15,000
Over $17,000 but not over $30,000     $725 plus 5.9% of excess over
                                      $17,000
Over $30,000                          $1,492 plus 6.85% of excess over
                                      $30,000

  [(2)] (3) For taxable years beginning in two thousand five:

If the New York taxable income is:    The tax is:
Not over $11,000                      4% of the New York taxable
                                      income
Over $11,000 but not over $15,000     $440 plus 4.5% of excess over
                                      $11,000
Over $15,000 but not over $17,000     $620 plus 5.25% of excess over
                                      $15,000
Over $17,000 but not over $30,000     $725 plus 5.9% of excess over

S. 3524                             5

                                      $17,000
Over $30,000 but not over $125,000    $1,492 plus 6.85% of excess over
                                      $30,000
Over $125,000 but not over $500,000   $8,000 plus 7.25% of excess over
                                      $125,000
Over $500,000                         $35,187 plus 7.7% of excess over
                                      $500,000

  [(3)] (4) For taxable years beginning in two thousand four:

If the New York taxable income is:    The tax is:
Not over $11,000                      4% of the New York taxable
                                      income
Over $11,000 but not over $15,000     $440 plus 4.5% of excess over
                                      $11,000
Over $15,000 but not over $17,000     $620 plus 5.25% of excess over
                                      $15,000
Over $17,000 but not over $30,000     $725 plus 5.9% of excess over
                                      $17,000
Over $30,000 but not over $125,000    $1,492 plus 6.85% of excess over
                                      $30,000
Over $125,000 but not over $500,000   $8,000 plus 7.375% of excess over
                                      $125,000
Over $500,000                         $35,656 plus 7.7% of excess over
                                      $500,000

  [(4)] (5) For taxable years beginning in two thousand three:

If the New York taxable income is:    The tax is:
Not over $11,000                      4% of the New York taxable
                                      income
Over $11,000 but not over $15,000     $440 plus 4.5% of excess over
                                      $11,000
Over $15,000 but not over $17,000     $620 plus 5.25% of excess over
                                      $15,000
Over $17,000 but not over $30,000     $725 plus 5.9% of excess over
                                      $17,000
Over $30,000 but not over $125,000    $1,492 plus 6.85% of excess over
                                      $30,000
Over $125,000 but not over $500,000   $8,000 plus 7.5% of excess over
                                      $125,000
Over $500,000                         $36,125 plus 7.7% of excess over
                                      $500,000

  [(5)]  (6)  For taxable years beginning after nineteen hundred ninety-
six and before two thousand three:

If the New York taxable income is:    The tax is:
Not over $11,000                      4% of the New York taxable
                                      income
Over $11,000 but not over $15,000     $440 plus 4.5% of excess over
                                      $11,000
Over $15,000 but not over $17,000     $620 plus 5.25% of excess over
                                      $15,000
Over $17,000 but not over $30,000     $725 plus 5.9% of excess over

S. 3524                             6

                                      $17,000
Over $30,000                          $1,492 plus 6.85% of excess over
                                      $30,000

  [(6)] (7) For taxable years beginning in nineteen hundred ninety-six:

If the New York taxable income is:    The tax is:
Not over $7,500                       4% of the New York taxable
                                      income
Over $7,500 but not over $11,000      $300 plus 5% of excess over
                                      $7,500
Over $11,000 but not over $15,000     $475 plus 6% of excess over
                                      $11,000
Over $15,000                          $ 715 plus 7% of excess over
                                      $15,000

  [(7)] (8) For taxable years beginning in nineteen hundred ninety-five:

If the New York taxable income is:    The tax is:
Not over $9,000                       4.55% of the New York taxable
                                      income
Over $9,000 but not over $14,000      $410 plus 5.55% of excess over
                                      $9,000
Over $14,000 but not over $19,000     $687 plus 6.55% of excess over
                                      $14,000
Over $19,000                          $1,015 plus 7.5% of excess over
                                      $19,000

  [(8)]  (9)  For taxable years beginning after nineteen hundred eighty-
nine and before nineteen hundred ninety-five:

If the New York taxable income is:    The tax is:
Not over $7,500                       4% of the New York taxable
                                      income
Over $7,500 but not over $11,000      $300 plus 5% of excess over
                                      $7,500
Over $11,000 but not over $15,000     $475 plus 6% of excess over
                                      $11,000
Over $15,000 but not over $17,000     $715 plus 7% of excess over
                                      $15,000
Over $17,000                          $855 plus 7.875% of excess over
                                      $17,000

  (c)  Resident  unmarried  individuals,  resident  married  individuals
filing separate returns and resident estates and trusts. There is hereby
imposed  for  each  taxable year on the New York taxable income of every
resident individual who is not a married individual who makes  a  single
return  jointly  with  his  spouse  under  subsection (b) of section six
hundred fifty-one or a resident  head  of  a  household  or  a  resident
surviving  spouse,  and on the New York taxable income of every resident
estate and trust a tax  determined  in  accordance  with  the  following
tables:
(1) FOR TAXABLE YEARS BEGINNING AFTER TWO THOUSAND NINE:
IF THE NEW YORK TAXABLE INCOME IS:    THE TAX IS:
NOT OVER $8,000                       3.6% OF THE NEW YORK TAXABLE

S. 3524                             7

                                      INCOME
OVER $8,000 BUT NOT OVER $11,000      $288 PLUS 4% OF EXCESS OVER
                                      $8,000
OVER $11,000 BUT NOT OVER $13,000     $408 PLUS 4.75% OF EXCESS OVER
                                      $11,000
OVER $13,000 BUT NOT OVER $20,000     $503 PLUS 5.3% OF EXCESS OVER
                                      $13,000
OVER $20,000 BUT NOT OVER $150,000    $874 PLUS 6.2% OF EXCESS OVER
                                      $20,000
OVER $150,000                         $8934 PLUS 6.85% OF EXCESS OVER
                                      $150,000

  (2) For taxable years beginning after two thousand [five] SIX:

If the New York taxable income is:    The tax is:
Not over $8,000                       4% of the New York taxable
                                      income
Over $8,000 but not over $11,000      $320 plus 4.5% of excess over
                                      $8,000
Over $11,000 but not over $13,000     $455 plus 5.25% of excess over
                                      $11,000
Over $13,000 but not over $20,000     $560 plus 5.9% of excess over
                                      $13,000
Over $20,000                          $973 plus 6.85% of excess over
                                      $20,000

  [(2)] (3) For taxable years beginning in two thousand five:

If the New York taxable income is:    The tax is:
Not over $8,000                       4% of the New York taxable
                                      income
Over $8,000 but not over $11,000      $320 plus 4.5% of excess over
                                      $8,000
Over $11,000 but not over $13,000     $455 plus 5.25% of excess over
                                      $11,000
Over $13,000 but not over $20,000     $560 plus 5.9% of excess over
                                      $13,000
Over $20,000 but not over $100,000    $973 plus 6.85% of excess over
                                      $20,000
Over $100,000 but not over $500,000   $6,453 plus 7.25% of excess over
                                      $100,000
Over $500,000                         $35,453 plus 7.7% of excess over
                                      $500,000

  [(3)] (4) For taxable years beginning in two thousand four:

If the New York taxable income is:    The tax is:
Not over $8,000                       4% of the New York taxable
                                      income
Over $8,000 but not over $11,000      $320 plus 4.5% of excess over
                                      $8,000
Over $11,000 but not over $13,000     $455 plus 5.25% of excess over
                                      $11,000
Over $13,000 but not over $20,000     $560 plus 5.9% of excess over
                                      $13,000
Over $20,000 but not over $100,000    $973 plus 6.85% of excess over

S. 3524                             8

                                      $20,000
Over $100,000 but not over $500,000   $6,453 plus 7.375% of excess over
                                      $100,000
Over $500,000                         $35,953 plus 7.7% of excess over
                                      $500,000

  [(4)] (5) For taxable years beginning in two thousand three:

If the New York taxable income is:    The tax is:
Not over $8,000                       4% of the New York taxable
                                      income
Over $8,000 but not over $11,000      $320 plus 4.5% of excess over
                                      $8,000
Over $11,000 but not over $13,000     $455 plus 5.25% of excess over
                                      $11,000
Over $13,000 but not over $20,000     $560 plus 5.9% of excess over
                                      $13,000
Over $20,000 but not over $100,000    $973 plus 6.85% of excess over
                                      $20,000
Over $100,000 but not over $500,000   $6,453 plus 7.5% of excess over
                                      $100,000
Over $500,000                         $36,453 plus 7.7% of excess over
                                      $500,000

  [(5)]  (6)  For taxable years beginning after nineteen hundred ninety-
six and before two thousand three:

If the New York taxable income is:    The tax is:
Not over $8,000                       4% of the New York taxable
                                      income
Over $8,000 but not over $11,000      $320 plus 4.5% of excess over
                                      $8,000
Over $11,000 but not over $13,000     $455 plus 5.25% of excess over
                                      $11,000
Over $13,000 but not over $20,000     $560 plus 5.9% of excess over
                                      $13,000
Over $20,000                          $973 plus 6.85% of excess over
                                      $20,000

  [(6)] (7) For taxable years beginning in nineteen hundred ninety-six:

If the New York taxable income is:    The tax is:
Not over $5,500                       4% of the New York taxable
                                      income
Over $5,500 but not over $8,000       $220 plus 5% of excess over
                                      $5,500
Over $8,000 but not over $11,000      $345 plus 6% of excess over
                                      $8,000
Over $11,000                          $525 plus 7% of excess over
                                      $11,000

  [(7)] (8) For taxable years beginning in nineteen hundred ninety-five:

If the New York taxable income is:    The tax is:
Not over $6,500                       4.55% of the New York taxable

S. 3524                             9

                                      income
Over $6,500 but not over $9,500       $296 plus 5.55% of excess over
                                      $6,500
Over $9,500 but not over $12,500      $462 plus 6.55% of excess over
                                      $9,500
Over $12,500                          $659 plus 7.5% of excess over
                                      $12,500

  [(8)]  (9)  For taxable years beginning after nineteen hundred eighty-
nine and before nineteen hundred ninety-five:

If the New York taxable
income is:                            The tax is:
Not over $5,500                       4% of the New York taxable
                                      income
Over $5,500 but not over $8,000       $220 plus 5% of excess over
                                      $5,500
Over $8,000 but not over $11,000      $345 plus 6% of excess over
                                      $8,000
Over $11,000 but not over $13,000     $525 plus 7% of excess over
                                      $11,000
Over $13,000                          $665 plus 7.875% of excess over
                                      $13,000

  S 2. This act shall take effect immediately.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Senate Bill S3524

Sponsored By