senate Bill S4745B

2013-2014 Legislative Session

Relates to the issuance of family tax relief credit; repealer

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Archive: Last Bill Status - In Committee


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

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Actions

view actions (6)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 24, 2014 print number 4745b
amend and recommit to investigations and government operations
Jan 08, 2014 referred to investigations and government operations
May 02, 2013 print number 4745a
amend (t) and recommit to investigations and government operations
Apr 22, 2013 referred to investigations and government operations

Bill Amendments

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

S4745 - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §606, rpld sub§ (vv) ¶4, Tax L

S4745 - Summary

Relates to the issuance of family tax relief credit.

S4745 - Sponsor Memo

S4745 - Bill Text download pdf

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

                                  4745

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             April 22, 2013
                               ___________

Introduced  by  Sen. LATIMER -- read twice and ordered printed, and when
  printed to be committed to the Committee on Investigations and Govern-
  ment Operations

AN ACT to amend the tax law, in relation to the family tax relief credit

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

  Section  1.  Paragraph  4 of subsection (vv) of section 606 of the tax
law, as added by section 1 of part CC of chapter 59 of the laws of 2013,
is amended to read as follows:
  4. For each  year  this  credit  is  allowed,  on  or  before  October
fifteenth  of such year, the commissioner shall determine the taxpayer's
eligibility for this credit utilizing the information available  to  the
commissioner  on the taxpayer's personal income tax return filed for the
taxable year two years prior to the taxable year in which the credit  is
allowed.  [For  those  taxpayers  whom  the  commissioner has determined
eligible for this credit, the commissioner shall advance  a  payment  of
three  hundred  fifty  dollars.] When a taxpayer files his or her return
for the taxable  year,  such  taxpayer  shall  properly  reconcile  that
payment on his or her return.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10471-01-3

S4745A - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §606, rpld sub§ (vv) ¶4, Tax L

S4745A - Summary

Relates to the issuance of family tax relief credit.

S4745A - Sponsor Memo

S4745A - Bill Text download pdf

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

                                 4745--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             April 22, 2013
                               ___________

Introduced  by  Sen. LATIMER -- read twice and ordered printed, and when
  printed to be committed to the Committee on Investigations and Govern-
  ment  Operations  --  committee  discharged,  bill  amended,   ordered
  reprinted as amended and recommitted to said committee

AN ACT to amend the tax law, in relation to the family tax relief credit
  and to repeal certain provisions of such law relating thereto

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

  Section 1. Paragraph 1 of subsection (vv) of section 606  of  the  tax
law, as added by section 1 of part CC of chapter 59 of the laws of 2013,
is amended to read as follows:
  1. An individual taxpayer who meets the eligibility standards in para-
graph two of this subsection shall be allowed a credit against the taxes
imposed  by  this  article of three hundred fifty dollars per return for
tax years TWO THOUSAND THIRTEEN, two thousand fourteen, AND two thousand
fifteen[, and two thousand sixteen].
  S 2. Paragraph 4 of subsection (vv) of section 606 of the tax  law  is
REPEALED and paragraph 5 is renumbered paragraph 4.
  S 3. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10471-03-3

S4745B (ACTIVE) - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §606, rpld sub§ (vv) ¶4, Tax L

S4745B (ACTIVE) - Summary

Relates to the issuance of family tax relief credit.

S4745B (ACTIVE) - Sponsor Memo

S4745B (ACTIVE) - Bill Text download pdf

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

                                 4745--B

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                             April 22, 2013
                               ___________

Introduced  by  Sen. LATIMER -- read twice and ordered printed, and when
  printed to be committed to the Committee on Investigations and Govern-
  ment  Operations  --  committee  discharged,  bill  amended,   ordered
  reprinted  as amended and recommitted to said committee -- recommitted
  to the  Committee  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  commit-
  tee

AN ACT to amend the tax law, in relation to the family tax relief credit
  and to repeal certain provisions of such law relating thereto

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

  Section 1. Paragraph 1 of subsection (vv) of section 606  of  the  tax
law, as added by section 1 of part CC of chapter 59 of the laws of 2013,
is amended to read as follows:
  1. An individual taxpayer who meets the eligibility standards in para-
graph two of this subsection shall be allowed a credit against the taxes
imposed  by  this  article of three hundred fifty dollars per return for
tax years two thousand fourteen[,] AND two thousand  fifteen[,  and  two
thousand sixteen].
  S  2.  Paragraph 4 of subsection (vv) of section 606 of the tax law is
REPEALED and paragraph 5 is renumbered paragraph 4.
  S 3. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10471-05-4

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