| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| Feb 07, 2012 |
print number 3223a |
| Feb 07, 2012 |
amend and recommit to investigations and government operations |
| Jan 04, 2012 |
referred to investigations and government operations |
| Feb 14, 2011 |
referred to investigations and government operations |
Senate Bill S3223A
2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee
Actions
Bill Amendments
co-Sponsors
(R, C, IP) Senate District
(R) Senate District
2011-S3223 - Details
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd §606, Tax L
- Versions Introduced in 2009-2010 Legislative Session:
-
S3016
2011-S3223 - Sponsor Memo
BILL NUMBER:S3223
TITLE OF BILL:
An act
to amend the tax law, in relation to the creation of an E-ZPass expense
tax credit
PURPOSE AND JUSTIFICATION:
This bill would allow taxpayers to claim up
to $500 of E-ZPass expenses incurred in travel in New York State as a
credit on their individual tax return in the year in which the
expense was incurred. E-ZPass expenses could not be both used as a
deduction elsewhere in a tax return and also claimed as a credit. If
the full credit cannot be used in any year, it can be carried forward
to credit against future tax liability.
Although the bonding agreements that have been entered into by the New
York Thruway Authority may not allow it to give relief to the
residents of New York State who continue to pay high tolls, this bill
would give these New York drivers alternate help in the form of a tax
credit for tolls paid using an E-ZPass account of up to $500 per year.
SUMMARY OF SPECIFIC PROVISIONS:
Section 1 amends section 606 of the
New York Tax Law to add a new subsection (ss) which:
(a) allows a credit
2011-S3223 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
3223
2011-2012 Regular Sessions
I N S E N A T E
February 14, 2011
___________
Introduced by Sens. RANZENHOFER, DeFRANCISCO, MAZIARZ -- 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 creation of an E-ZPass
expense tax credit
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 606 of the tax law is amended by adding a new
subsection (ss) to read as follows:
(SS) CREDIT FOR E-ZPASS EXPENSES. (A) ALLOWANCE AND AMOUNT OF CREDIT.
A TAXPAYER, WHO HAS E-ZPASS EXPENSES INCURRED IN NEW YORK STATE, SHALL
BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN THIS SUBSECTION,
AGAINST THE TAX IMPOSED BY THIS ARTICLE. THE AMOUNT OF THE CREDIT SHALL
BE EQUAL TO AN AMOUNT NOT TO EXCEED FIVE HUNDRED DOLLARS.
(B) DEFINITION. THE TERM "E-ZPASS" SHALL, FOR THE PURPOSES OF THIS
SUBSECTION, REFER TO A SYSTEM OF COLLECTING TOLLS OR CHARGES WHICH IS
CAPABLE OF CHARGING AN ACCOUNT HOLDER THE APPROPRIATE TOLL OR CHARGE BY
TRANSMISSION OF INFORMATION FROM AN ELECTRONIC DEVICE ON A MOTOR VEHICLE
TO THE TOLL LANE, WHICH INFORMATION IS USED TO CHARGE THE ACCOUNT THE
APPROPRIATE TOLL OR CHARGE.
(C) APPLICATION OF CREDIT. IF THE AMOUNT OF THE CREDIT SHALL EXCEED
THE TAXPAYER'S TAX FOR SUCH YEAR THE EXCESS SHALL BE CARRIED OVER TO THE
FOLLOWING YEAR OR YEARS, AND MAY BE DEDUCTED FROM THE TAXPAYER'S TAX FOR
SUCH YEAR OR YEARS. NO CREDIT SHALL BE ALLOWED UNDER THIS SECTION WHERE
SUCH EXPENSE HAS BEEN CLAIMED AS AN EXPENSE OR DEDUCTION ON ANY TAX
RETURN.
S 2. This act shall take effect the first of January next succeeding
the date on which it shall have become a law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02564-01-1
co-Sponsors
(R, C, IP) Senate District
(R) Senate District
2011-S3223A (ACTIVE) - Details
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd §606, Tax L
- Versions Introduced in 2009-2010 Legislative Session:
-
S3016
2011-S3223A (ACTIVE) - Sponsor Memo
BILL NUMBER:S3223A
TITLE OF BILL:
An act to amend the tax law, in relation to the creation of an E-ZPass
expense tax credit
PURPOSE AND JUSTIFICATION:
This bill would allow taxpayers to claim up to $500 of E-ZPass expenses
incurred in travel in New York State as a credit on their individual tax
return in the year in which the expense was incurred. E-ZPass expenses
could not be both used as a deduction elsewhere in a tax return and also
claimed as a credit. If the full credit cannot be used in any year, it
can be carried forward to credit against future tax liability. Although
the bonding agreements that have been entered into by the New York Thru-
way Authority may not allow it to give relief to the residents of New
York State who continue to pay high tolls, this bill would give these
New York drivers alternate help in the form of a tax credit for tolls
paid using an E-ZPass account of up to $500 per year.
SUMMARY OF SPECIFIC PROVISIONS:
Section 1 amends section 606 of the New York Tax Law to add a new
subsection (uu) which:
(a) allows a credit for E-ZPass expenses incurred in New York State
not to exceed $500;
(b) defines E-ZPass for the purposes of the subsection; and
2011-S3223A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
3223--A
2011-2012 Regular Sessions
I N S E N A T E
February 14, 2011
___________
Introduced by Sens. RANZENHOFER, DeFRANCISCO, MAZIARZ -- read twice and
ordered printed, and when printed to be committed to the Committee on
Investigations and Government Operations -- recommitted to the Commit-
tee on Investigations 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 the creation of an E-ZPass
expense tax credit
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 606 of the tax law is amended by adding a new
subsection (uu) to read as follows:
(UU) CREDIT FOR E-ZPASS EXPENSES. (1) ALLOWANCE AND AMOUNT OF CREDIT.
A TAXPAYER, WHO HAS E-ZPASS EXPENSES INCURRED IN NEW YORK STATE, SHALL
BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN THIS SUBSECTION,
AGAINST THE TAX IMPOSED BY THIS ARTICLE. THE AMOUNT OF THE CREDIT SHALL
BE EQUAL TO AN AMOUNT NOT TO EXCEED FIVE HUNDRED DOLLARS.
(2) DEFINITION. THE TERM "E-ZPASS" SHALL, FOR THE PURPOSES OF THIS
SUBSECTION, REFER TO A SYSTEM OF COLLECTING TOLLS OR CHARGES WHICH IS
CAPABLE OF CHARGING AN ACCOUNT HOLDER THE APPROPRIATE TOLL OR CHARGE BY
TRANSMISSION OF INFORMATION FROM AN ELECTRONIC DEVICE ON A MOTOR VEHICLE
TO THE TOLL LANE, WHICH INFORMATION IS USED TO CHARGE THE ACCOUNT THE
APPROPRIATE TOLL OR CHARGE.
(3) APPLICATION OF CREDIT. IF THE AMOUNT OF THE CREDIT SHALL EXCEED
THE TAXPAYER'S TAX FOR SUCH YEAR THE EXCESS SHALL BE CARRIED OVER TO THE
FOLLOWING YEAR OR YEARS, AND MAY BE DEDUCTED FROM THE TAXPAYER'S TAX FOR
SUCH YEAR OR YEARS. NO CREDIT SHALL BE ALLOWED UNDER THIS SECTION WHERE
SUCH EXPENSE HAS BEEN CLAIMED AS AN EXPENSE OR DEDUCTION ON ANY TAX
RETURN.
S 2. This act shall take effect the first of January next succeeding
the date on which it shall have become a law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02564-02-2
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