| Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Jun 20, 2018 | committed to rules |
| May 22, 2018 | advanced to third reading |
| May 16, 2018 | 2nd report cal. |
| May 15, 2018 | 1st report cal.1217 |
| Jan 23, 2018 | reported and committed to finance |
| 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 07, 2017 | advanced to third reading |
| Feb 06, 2017 | 2nd report cal. |
| Jan 31, 2017 | 1st report cal.142 |
| Jan 04, 2017 | referred to investigations and government operations |
senate Bill S561
2017-2018 Legislative Session
Sponsored By
Catharine Young
(R, C, IP) 0 Senate District
Archive: Last Bill Status - In Senate Committee Rules Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Votes
Co-Sponsors
Michael H. Ranzenhofer
(R, C, IP) 0 Senate District
S561 (ACTIVE) - Details
S561 (ACTIVE) - Sponsor Memo
BILL NUMBER: S561 TITLE OF BILL : An act to amend the tax law, in relation to the determination of sales and compensating use taxes due PURPOSE : This bill would require that any external economic indices used by the Department of Taxation and Finance in estimating sales tax payments due must utilize regional economic indices to reflect the wide variation of the costs of goods and services sold throughout the state. SUMMARY OF PROVISIONS : Section 1: Amends subdivision (a) of section 1138 of the tax law by adding a new paragraph (5) to require that whenever the Commissioner of Taxation and Finance is determining the amount of sales tax owed, in instances in where a required sales tax filing has not been made or there has been an incorrect or insufficient sales tax payment, the Commissioner must utilize a regional economic index to estimating the correct tax payment to be made. JUSTIFICATION :
S561 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
561
2017-2018 Regular Sessions
I N S E N A T E
(PREFILED)
January 4, 2017
___________
Introduced by Sens. YOUNG, RANZENHOFER -- read twice and ordered print-
ed, and when printed to be committed to the Committee on Investi-
gations and Government Operations
AN ACT to amend the tax law, in relation to the determination of sales
and compensating use taxes due
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision (a) of section 1138 of the tax law is amended
by adding a new paragraph 5 to read as follows:
(5) WHENEVER A RETURN REQUIRED BY THIS ARTICLE IS NOT FILED, OR IF A
RETURN WHEN FILED IS INCORRECT OR INSUFFICIENT, AND THE AMOUNT OF TAX
DUE IS DETERMINED BY THE COMMISSIONER FROM SUCH INFORMATION AS MAY BE
AVAILABLE PURSUANT TO PARAGRAPH ONE OF THIS SUBDIVISION, ANY EXTERNAL
INDICES USED TO ESTIMATE THE TAX DUE SHALL REFLECT THE LOCAL ECONOMIC
CONDITIONS.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05892-01-7
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