senate Bill S3505

2017-2018 Legislative Session

Relates to the advanced payment of the school tax relief credit

download bill text pdf

Sponsored By

Archive: Last Bill Status - Stricken


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

Your Voice

do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

view actions (10)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 16, 2018 recommit, enacting clause stricken
Jan 03, 2018 referred to investigations and government operations
returned to senate
died in assembly
Feb 13, 2017 referred to ways and means
delivered to assembly
passed senate
Feb 06, 2017 ordered to third reading cal.145
committee discharged and committed to rules
Jan 23, 2017 referred to investigations and government operations

Co-Sponsors

view additional co-sponsors

S3505 (ACTIVE) - Details

Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd §§606 & 688, Tax L

S3505 (ACTIVE) - Summary

Provides that taxpayers who have applied for the advanced payment of the school tax relief credit but who do not receive such payment on time or in its entirety shall be entitled to receive interest on such payment.

S3505 (ACTIVE) - Sponsor Memo

S3505 (ACTIVE) - Bill Text download pdf


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

                                  3505

                       2017-2018 Regular Sessions

                            I N  S E N A T E

                            January 23, 2017
                               ___________

Introduced  by  Sen.  YOUNG  -- 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  advance  payments  of  the
  school tax relief credit

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

  Section 1. Subparagraphs (B) and (C) of  paragraph  10  of  subsection
(eee)  of  section 606 of the tax law, as amended by section 8 of part A
of chapter 73 of the laws of 2016, are amended to read as follows:
  (B) On or before September [fifteenth] FIRST of each year, or as  soon
thereafter  as  practicable, the commissioner shall determine the eligi-
bility of taxpayers for this credit utilizing the information  available
to  him  or her as obtained from the applications submitted on or before
July first of that year, or such later date as may have been  prescribed
by the commissioner for that purpose, and from such other sources as the
commissioner  deems  reliable  and appropriate. For those taxpayers whom
the commissioner has determined eligible for this  credit,  the  commis-
sioner  shall  advance  a  payment  in the amount specified in paragraph
three, four or six of this subsection,  whichever  is  applicable.  Such
payment  shall  be issued by September [thirtieth] FIFTEENTH of the year
the credit is allowed, or as soon thereafter as is practicable.  Nothing
contained herein shall be deemed to preclude the commissioner from issu-
ing payments after September  thirtieth  to  qualified  taxpayers  whose
applications were made after July first of that year, or such later date
as  may  have  been  prescribed  by  the  commissioner for such purpose.
PROVIDED, HOWEVER, FOR A QUALIFIED TAXPAYER THAT  HAS  APPLIED  FOR  THE
ADVANCED PAYMENT BY JULY FIRST OF THE TAX YEAR OR IS ALREADY ELIGIBLE TO
RECEIVE AN ADVANCED PAYMENT PRIOR TO JULY FIRST, IF THE ADVANCED PAYMENT
IS  NOT  POSTMARKED  BY  THE FIFTEENTH OF SEPTEMBER OR THE AMOUNT OF THE
ADVANCED PAYMENT THAT IS POSTMARKED BY THE  FIFTEENTH  OF  SEPTEMBER  IS

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

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.