| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Apr 17, 2012 |
reported and committed to finance |
| Jan 17, 2012 |
print number 4429a |
| Jan 17, 2012 |
amend and recommit to corporations, authorities and commissions |
| Jan 04, 2012 |
referred to corporations, authorities and commissions |
| May 18, 2011 |
reported and committed to finance |
| Apr 05, 2011 |
referred to corporations, authorities and commissions |
Senate Bill S4429
2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Finance Committee
Actions
Votes
Bill Amendments
2011-S4429 - Details
- See Assembly Version of this Bill:
- A1760
- Current Committee:
- Senate Finance
- Law Section:
- Business Corporation Law
- Laws Affected:
- Rpld §104-A ¶¶(d) - (s), BC L; rpld §96 subs 9 & 12, Exec L; rpld §104-A ¶¶(a), (e) - (s), N-PC L
- Versions Introduced in 2009-2010 Legislative Session:
-
S6689, A1757
2011-S4429 - Sponsor Memo
BILL NUMBER:S4429
TITLE OF BILL:
An act
to repeal certain provisions of the business corporation law, the
executive law and the not-for-profit corporation law, in relation
to certain fees collected by the department of state
PURPOSE OR GENERAL IDEA OF BILL:
To relieve businesses from the
"hidden" taxes associated with fees required for various
administrative filings with the state.
SUMMARY OF SPECIFIC PROVISIONS:
This legislation will repeal certain
filing fees paid to the Secretary of State, related to the start up,
merger, consolidation or dissolution of a corporation under the
Business Corporation Law, the Executive Law and the Not-For-Profit
Corporation Law.
JUSTIFICATION:
Currently, businesses in New York State are hampered by
the high cost of doing business in New York. One problem area
recognized by business is the number of "small" filing fees imposed
by the state for which no service is received in return, the
so-called "nickel and dime" fees. These fees were initially enacted
2011-S4429 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
4429
2011-2012 Regular Sessions
I N S E N A T E
April 5, 2011
___________
Introduced by Sen. RANZENHOFER -- read twice and ordered printed, and
when printed to be committed to the Committee on Corporations, Author-
ities and Commissions
AN ACT to repeal certain provisions of the business corporation law, the
executive law and the not-for-profit corporation law, in relation to
certain fees collected by the department of state
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraphs (d), (e), (f), (g), (h), (i), (j), (k), (l),
(m), (n), (o), (p), (q), (r) and (s) of section 104-A of the business
corporation law are REPEALED.
S 2. Subdivisions 9 and 12 of section 96 of the executive law are
REPEALED.
S 3. Paragraphs (a), (e), (f), (g), (h), (i), (j), (k), (l), (m), (n),
(o), (p), (q), (r) and (s) of section 104-A of the not-for-profit corpo-
ration law are REPEALED.
S 4. This act shall take effect January 1, 2013.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05706-01-1
co-Sponsors
(D, WF) Senate District
2011-S4429A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A1760
- Current Committee:
- Senate Finance
- Law Section:
- Business Corporation Law
- Laws Affected:
- Rpld §104-A ¶¶(d) - (s), BC L; rpld §96 subs 9 & 12, Exec L; rpld §104-A ¶¶(a), (e) - (s), N-PC L
- Versions Introduced in 2009-2010 Legislative Session:
-
S6689, A1757
2011-S4429A (ACTIVE) - Summary
Eliminates a number of filing fees imposed on businesses by the department of state pursuant to the business corporation law, the executive law and the not-for-profit corporation law; eliminates fees related to start up, merger, consolidation or dissolution of a corporation.
2011-S4429A (ACTIVE) - Sponsor Memo
BILL NUMBER:S4429A
TITLE OF BILL:
An act
to repeal certain provisions of the business corporation law, the
executive law and the not-for-profit corporation law, in relation
to certain fees collected by the department of state
PURPOSE OR GENERAL IDEA OF BILL:
To relieve businesses from the
"hidden" taxes associated with fees required for various
administrative filings with the state.
SUMMARY OF SPECIFIC PROVISIONS:
This legislation will repeal certain
filing fees paid to the Secretary of State, related to the start up,
merger, consolidation or dissolution of a corporation under the
Business Corporation Law, the Executive Law and the Not-For-Profit
Corporation Law.
JUSTIFICATION:
Currently, businesses in New York State are hampered by
the high cost of doing business in New York. One problem area
recognized by business is the number of "small" filing fees imposed
by the state for which no service is received in return, the
so-called "nickel and dime" fees. These fees were initially enacted
2011-S4429A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
4429--A
2011-2012 Regular Sessions
I N S E N A T E
April 5, 2011
___________
Introduced by Sen. RANZENHOFER -- read twice and ordered printed, and
when printed to be committed to the Committee on Corporations, Author-
ities and Commissions -- recommitted to the Committee on Corporations,
Authorities and Commissions in accordance with Senate Rule 6, sec. 8
-- committee discharged, bill amended, ordered reprinted as amended
and recommitted to said committee
AN ACT to repeal certain provisions of the business corporation law, the
executive law and the not-for-profit corporation law, in relation to
certain fees collected by the department of state
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraphs (d), (e), (f), (g), (h), (i), (j), (k), (l),
(m), (n), (o), (p), (q), (r) and (s) of section 104-A of the business
corporation law are REPEALED.
S 2. Subdivisions 9 and 12 of section 96 of the executive law are
REPEALED.
S 3. Paragraphs (a), (e), (f), (g), (h), (i), (j), (k), (l), (m), (n),
(o), (p), (q), (r) and (s) of section 104-A of the not-for-profit corpo-
ration law are REPEALED.
S 4. This act shall take effect January 1, 2014.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05706-02-2
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