Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 24, 2012 |
advanced to third reading cal.638 |
May 22, 2012 |
reported |
May 02, 2012 |
print number 7127a |
May 02, 2012 |
amend and recommit to ways and means |
Jan 04, 2012 |
referred to ways and means |
Apr 13, 2011 |
referred to ways and means |
Assembly Bill A7127
2011-2012 Legislative Session
Sponsored By
FARRELL
Archive: Last Bill Status - On Floor Calendar
- 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
Actions
Bill Amendments
2011-A7127 - Details
- Law Section:
- New York City Administrative Code
- Laws Affected:
- Amd §11-674, NYC Ad Cd
2011-A7127 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7127 2011-2012 Regular Sessions I N A S S E M B L Y April 13, 2011 ___________ Introduced by M. of A. FARRELL -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the administrative code of the city of New York, in relation to change of the allocation of a taxpayer's income or capital pertaining to the New York city general corporation tax and New York city financial corporation tax THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (g) of subdivision 3 of section 11-674 of the administrative code of the city of New York is amended to read as follows: (g) Change of the allocation of taxpayer's income or capital. [No] WITH REGARD TO ASSESSMENTS MADE BEFORE TWO THOUSAND ELEVEN, NO change of the allocation of income or capital upon which the taxpayer's return (or any additional assessment) was based shall be made where an assessment of tax is made during the additional period of limitation under subpara- graph three or four of paragraph (a), or under paragraph (c), (d) or (i); and where any such assessment has been made, or where a notice of deficiency has been mailed to the taxpayer on the basis of any such proposed assessment, no change of the allocation of income or capital shall be made in a proceeding on the taxpayer's claim for refund of such assessment or on the taxpayer's petition for redetermination of such deficiency. THE RESTRICTIONS IN THIS PARAGRAPH ON CHANGES OF THE ALLO- CATION OF INCOME OR CAPITAL THAT APPLY TO ASSESSMENTS MADE BEFORE TWO THOUSAND ELEVEN SHALL NOT APPLY TO ASSESSMENTS MADE ON OR AFTER JANUARY FIRST, TWO THOUSAND ELEVEN. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10762-01-1
2011-A7127A (ACTIVE) - Details
- Law Section:
- New York City Administrative Code
- Laws Affected:
- Amd §11-674, NYC Ad Cd
2011-A7127A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7127--A 2011-2012 Regular Sessions I N A S S E M B L Y April 13, 2011 ___________ Introduced by M. of A. FARRELL -- read once and referred to the Commit- tee on Ways and Means -- 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 administrative code of the city of New York, in relation to change of the allocation of a taxpayer's income or capital pertaining to the New York city general corporation tax and New York city financial corporation tax THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (g) of subdivision 3 of section 11-674 of the administrative code of the city of New York is amended to read as follows: (g) Change of the allocation of taxpayer's income or capital. [No] WITH REGARD TO ASSESSMENTS MADE BEFORE TWO THOUSAND TWELVE, NO change of the allocation of income or capital upon which the taxpayer's return (or any additional assessment) was based shall be made where an assessment of tax is made during the additional period of limitation under subpara- graph three or four of paragraph (a), or under paragraph (c), (d) or (i); and where any such assessment has been made, or where a notice of deficiency has been mailed to the taxpayer on the basis of any such proposed assessment, no change of the allocation of income or capital shall be made in a proceeding on the taxpayer's claim for refund of such assessment or on the taxpayer's petition for redetermination of such deficiency. THE RESTRICTIONS IN THIS PARAGRAPH ON CHANGES OF THE ALLO- CATION OF INCOME OR CAPITAL THAT APPLY TO ASSESSMENTS MADE BEFORE TWO THOUSAND TWELVE SHALL NOT APPLY TO ASSESSMENTS MADE ON OR AFTER JANUARY FIRST, TWO THOUSAND TWELVE. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10762-02-2
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