senate Bill S2728C

2011-2012 Legislative Session

Subtracts from federal adjusted gross income qualified transportation fringe benefits

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Archive: Last Bill Status - Passed Senate


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

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Actions

view actions (21)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 13, 2012 referred to ways and means
delivered to assembly
passed senate
Feb 07, 2012 advanced to third reading
Feb 06, 2012 2nd report cal.
Jan 31, 2012 1st report cal.148
Jan 05, 2012 print number 2728c
amend and recommit to investigations and government operations
Jan 04, 2012 referred to investigations and government operations
returned to senate
died in assembly
Apr 11, 2011 referred to ways and means
delivered to assembly
passed senate
Apr 04, 2011 amended on third reading 2728b
Mar 10, 2011 advanced to third reading
Mar 09, 2011 2nd report cal.
Mar 08, 2011 1st report cal.183
Feb 15, 2011 print number 2728a
amend and recommit to investigations and government operations
Jan 31, 2011 referred to investigations and government operations

Votes

view votes

Jan 31, 2012 - Investigations and Government Operations committee Vote

S2728C
8
0
committee
8
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Investigations and Government Operations committee vote details

Investigations and Government Operations Committee Vote: Jan 31, 2012

Mar 8, 2011 - Investigations and Government Operations committee Vote

S2728A
7
0
committee
7
Aye
0
Nay
0
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show committee vote details

Committee Vote: Mar 8, 2011

excused (1)

Bill Amendments

Original
A
B
C (Active)
Original
A
B
C (Active)

Co-Sponsors

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S2728 - Details

See Assembly Version of this Bill:
A6175B
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §612, Tax L

S2728 - Summary

Subtracts from federal adjusted gross income qualified transportation fringe benefits.

S2728 - Sponsor Memo

S2728 - Bill Text download pdf

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

                                  2728

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 31, 2011
                               ___________

Introduced  by  Sens.  FUSCHILLO, DILAN, GOLDEN, HANNON, JOHNSON, KLEIN,
  LAVALLE, LITTLE, OPPENHEIMER, RANZENHOFER, SAVINO,  STAVISKY  --  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  qualified  transportation
  fringe benefits

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

  Section 1. Subsection (c) of section 612 of the tax law is amended  by
adding a new paragraph 39 to read as follows:
  (39)  FOR  TAXABLE  YEARS  BEGINNING  AFTER DECEMBER THIRTY-FIRST, TWO
THOUSAND ELEVEN THE AMOUNT OF QUALIFIED TRANSPORTATION  FRINGE  BENEFITS
AS DEFINED IN PARAGRAPH ONE OF SUBSECTION F OF SECTION 132 OF THE INTER-
NAL  REVENUE  CODE  AND WHICH ARE PROVIDED BY AN EMPLOYER TO AN EMPLOYEE
MAY NOT EXCEED TWO HUNDRED  THIRTY  DOLLARS  MONTHLY  LESS  THE  MAXIMUM
AMOUNT OF EXCLUSIONS OFFERED MONTHLY FOR QUALIFIED TRANSPORTATION FRINGE
BENEFITS PURSUANT TO SUBSECTION F OF SECTION 132 OF THE INTERNAL REVENUE
CODE.  FOR THE PURPOSES OF THIS PARAGRAPH, AN INDIVIDUAL WHO IS SELF-EM-
PLOYED SHALL BE CONSIDERED AN EMPLOYEE  PURSUANT  TO  PARAGRAPH  ONE  OF
SUBSECTION C OF SECTION 401 OF THE INTERNAL REVENUE CODE.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06311-02-1

Co-Sponsors

view additional co-sponsors

S2728A - Details

See Assembly Version of this Bill:
A6175B
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §612, Tax L

S2728A - Summary

Subtracts from federal adjusted gross income qualified transportation fringe benefits.

S2728A - Sponsor Memo

S2728A - Bill Text download pdf

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

                                 2728--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 31, 2011
                               ___________

Introduced  by  Sens.  FUSCHILLO, DILAN, GOLDEN, HANNON, JOHNSON, KLEIN,
  LAVALLE, LITTLE, OPPENHEIMER, RANZENHOFER, SAVINO,  STAVISKY  --  read
  twice  and  ordered  printed,  and when printed to be committed to the
  Committee on Investigations and  Government  Operations  --  committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN  ACT  to  amend  the tax law, in relation to qualified transportation
  fringe benefits

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

  Section  1. Subsection (c) of section 612 of the tax law is amended by
adding a new paragraph 39 to read as follows:
  (39) FOR TAXABLE YEARS  BEGINNING  AFTER  DECEMBER  THIRTY-FIRST,  TWO
THOUSAND  ELEVEN  THE AMOUNT OF QUALIFIED TRANSPORTATION FRINGE BENEFITS
AS DEFINED IN PARAGRAPH ONE OF SUBSECTION F OF SECTION 132 OF THE INTER-
NAL REVENUE CODE AND WHICH ARE PROVIDED BY AN EMPLOYER  TO  AN  EMPLOYEE
MAY  NOT  EXCEED THE SUM OF: (A) TWO HUNDRED THIRTY DOLLARS MONTHLY LESS
THE MAXIMUM AMOUNT OF EXCLUSIONS OFFERED MONTHLY FOR QUALIFIED TRANSPOR-
TATION FRINGE BENEFITS PURSUANT TO SUBPARAGRAPHS A AND  B  OF  PARAGRAPH
ONE OF SUBSECTION F OF SECTION 132 OF THE INTERNAL REVENUE CODE; AND (B)
TWO HUNDRED THIRTY DOLLARS MONTHLY LESS THE MAXIMUM AMOUNT OF EXCLUSIONS
OFFERED MONTHLY FOR QUALIFIED TRANSPORTATION FRINGE BENEFITS PURSUANT TO
SUBPARAGRAPH  C  OF  PARAGRAPH ONE OF SUBSECTION F OF SECTION 132 OF THE
INTERNAL REVENUE CODE. FOR THE PURPOSES OF THIS PARAGRAPH, AN INDIVIDUAL
WHO IS SELF-EMPLOYED SHALL BE CONSIDERED AN EMPLOYEE PURSUANT  TO  PARA-
GRAPH ONE OF SUBSECTION C OF SECTION 401 OF THE INTERNAL REVENUE CODE.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06311-04-1

Co-Sponsors

view additional co-sponsors

S2728B - Details

See Assembly Version of this Bill:
A6175B
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §612, Tax L

S2728B - Summary

Subtracts from federal adjusted gross income qualified transportation fringe benefits.

S2728B - Sponsor Memo

S2728B - Bill Text download pdf

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

                                 2728--B
    Cal. No. 183

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 31, 2011
                               ___________

Introduced  by  Sens.  FUSCHILLO, DILAN, GOLDEN, HANNON, JOHNSON, KLEIN,
  LAVALLE, LITTLE, MARTINS, OPPENHEIMER, RANZENHOFER, SAVINO,  STAVISKY,
  ZELDIN  --  read  twice  and  ordered  printed, and when printed to be
  committed to the Committee on Investigations and Government Operations
  -- committee discharged, bill amended, ordered  reprinted  as  amended
  and  recommitted  to  said  committee  -- reported favorably from said
  committee, ordered to first and second  report,  ordered  to  a  third
  reading,  amended  and  ordered  reprinted, retaining its place in the
  order of third reading

AN ACT to amend the tax law, in  relation  to  qualified  transportation
  fringe benefits

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

  Section 1. Subsection (c) of section 612 of the tax law is amended  by
adding a new paragraph 39 to read as follows:
  (39)  FOR  TAXABLE  YEARS  BEGINNING  AFTER DECEMBER THIRTY-FIRST, TWO
THOUSAND ELEVEN THE AMOUNT THAT WOULD  HAVE  BEEN  EXCLUDED  FROM  GROSS
INCOME PURSUANT TO PARAGRAPH FIVE OF SUBSECTION A OF SECTION ONE HUNDRED
THIRTY-TWO  OF  THE  INTERNAL  REVENUE CODE FOR QUALIFIED TRANSPORTATION
BENEFITS DESCRIBED IN SUBPARAGRAPHS (A), (B) OR (C) OF PARAGRAPH ONE  OF
SUBSECTION (F) OF SECTION ONE HUNDRED THIRTY-TWO OF THE INTERNAL REVENUE
CODE.  FOR THE PURPOSES OF THIS PARAGRAPH, A PERSON WHO IS SELF-EMPLOYED
SHALL BE CONSIDERED AN EMPLOYEE IF THE PERSON WAS OR WOULD BE CONSIDERED
AN EMPLOYEE PURSUANT TO PARAGRAPH ONE OF SUBSECTION (C) OF SECTION  FOUR
HUNDRED  ONE OF THE INTERNAL REVENUE CODE AND THE AMOUNT THAT WOULD HAVE
BEEN EXCLUDED FROM GROSS  INCOME  FOR  QUALIFIED  TRANSPORTATION  FRINGE
BENEFITS SHALL BE COMPUTED AS IF THE PERSON WAS ALLOWED TO EXCLUDE QUAL-
IFIED  TRANSPORTATION  FRINGE  BENEFITS  FROM  HIS  OR HER GROSS INCOME.
NOTWITHSTANDING ANY OTHER PROVISION OF LAW, FOR  THE  PURPOSES  OF  THIS
PARAGRAPH,  ALL  REFERENCES TO THE INTERNAL REVENUE CODE SHALL BE TO THE
INTERNAL REVENUE CODE AS IN EFFECT ON THE THIRTY-FIRST DAY OF  DECEMBER,
TWO THOUSAND TEN AND SHALL INCLUDE ALL TREASURY REGULATIONS AND RATES IN
EFFECT ON SUCH DATE.
  S 2. This act shall take effect immediately.

Co-Sponsors

view additional co-sponsors

S2728C (ACTIVE) - Details

See Assembly Version of this Bill:
A6175B
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §612, Tax L

S2728C (ACTIVE) - Summary

Subtracts from federal adjusted gross income qualified transportation fringe benefits.

S2728C (ACTIVE) - Sponsor Memo

S2728C (ACTIVE) - Bill Text download pdf

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

                                 2728--C

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 31, 2011
                               ___________

Introduced  by  Sens. FUSCHILLO, AVELLA, DILAN, GOLDEN, HANNON, JOHNSON,
  KLEIN, LAVALLE, LITTLE,  MARTINS,  OPPENHEIMER,  RANZENHOFER,  SAVINO,
  STAVISKY,  ZELDIN  -- read twice and ordered printed, and when printed
  to be committed to the  Committee  on  Investigations  and  Government
  Operations -- committee discharged, bill amended, ordered reprinted as
  amended  and  recommitted to said committee -- reported favorably from
  said committee, ordered to first and second report, ordered to a third
  reading, amended and ordered reprinted, retaining  its  place  in  the
  order  of  third  reading  -- recommitted to the Committee on Investi-
  gations and Government Operations in accordance with  Senate  Rule  6,
  sec.  8  --  committee  discharged, bill amended, ordered reprinted as
  amended and recommitted to said committee

AN ACT to amend the tax law, in  relation  to  qualified  transportation
  fringe benefits

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

  Section 1. Subsection (c) of section 612 of the tax law is amended  by
adding a new paragraph 39 to read as follows:
  (39)  FOR  TAXABLE  YEARS  BEGINNING  AFTER DECEMBER THIRTY-FIRST, TWO
THOUSAND ELEVEN THE AMOUNT OF QUALIFIED TRANSPORTATION  FRINGE  BENEFITS
INCLUDED IN FEDERAL ADJUSTED GROSS INCOME, TO THE EXTENT THAT SUCH QUAL-
IFIED TRANSPORTATION FRINGE BENEFITS WOULD HAVE BEEN EXCLUDED FROM GROSS
INCOME  PURSUANT  TO  PARAGRAPH  FIVE  OF  SUBSECTION (A) OF SECTION ONE
HUNDRED THIRTY-TWO OF THE INTERNAL REVENUE CODE HAD THE  FLUSH  SENTENCE
OF  PARAGRAPH TWO OF SUBSECTION (F) OF SECTION ONE HUNDRED THIRTY-TWO OF
THE INTERNAL REVENUE CODE THAT WAS IN EFFECT ON  DECEMBER  THIRTY-FIRST,
TWO THOUSAND ELEVEN CONTINUED IN EFFECT AFTER DECEMBER THIRTY-FIRST, TWO
THOUSAND  ELEVEN;  PROVIDED,  HOWEVER, THAT IF SUBPARAGRAPH (A) OF PARA-
GRAPH TWO OF SUBSECTION (F) OF SECTION ONE  HUNDRED  THIRTY-TWO  OF  THE
INTERNAL REVENUE CODE IS AMENDED SO THAT FOR ANY MONTH THE DOLLAR AMOUNT
IN  EFFECT UNDER SUCH SUBPARAGRAPH (A) IS GREATER THAN THE DOLLAR AMOUNT

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06311-12-2

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