senate Bill S7437

2017-2018 Legislative Session

Relates to authorizing funds to be transferred to the public transportation system operating assistance account and the metropolitan mass transportation operating assistance account

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance 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 (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 15, 2018 reported and committed to finance
Mar 19, 2018 notice of committee consideration - requested
Jan 18, 2018 referred to investigations and government operations

Votes

view votes

May 15, 2018 - Investigations and Government Operations committee Vote

S7437
5
2
committee
5
Aye
2
Nay
2
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Investigations and Government Operations committee vote details

Investigations and Government Operations Committee Vote: May 15, 2018

nay (2)
aye wr (2)

Co-Sponsors

S7437 (ACTIVE) - Details

See Assembly Version of this Bill:
A9046
Current Committee:
Senate Finance
Law Section:
Tax Law
Laws Affected:
Amd §§171-a & 1298, Tax L; amd §88-a, St Fin L
Versions Introduced in Other Legislative Sessions:
2019-2020: S1694, A8016
2021-2022: A1792

S7437 (ACTIVE) - Summary

Relates to authorizing funds to be transferred to the public transportation system operating assistance account and the metropolitan mass transportation operating assistance account; and provides for the repeal of certain provisions upon the expiration thereof.

S7437 (ACTIVE) - Sponsor Memo

S7437 (ACTIVE) - Bill Text download pdf


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

    S. 7437                                                  A. 9046

                      S E N A T E - A S S E M B L Y

                            January 18, 2018
                               ___________

IN  SENATE -- Introduced by Sen. BROOKS -- read twice and ordered print-
  ed, and when printed to be committed  to  the  Committee  on  Investi-
  gations and Government Operations

IN  ASSEMBLY  --  Introduced  by  M.  of  A. PELLEGRINO -- read once and
  referred to the Committee on Ways and Means

AN ACT to amend the tax law and the state finance law,  in  relation  to
  authorizing  funds  to  be  transferred  to  the public transportation
  system operating assistance account and the metropolitan  mass  trans-
  portation operating assistance account

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

  Section 1. Subdivision 1 of section 171-a of the tax law,  as  amended
by  section 15 of part AAA of chapter 59 of the laws of 2017, is amended
to read as follows:
  1. All taxes, interest, penalties and fees collected  or  received  by
the commissioner or the commissioner's duly authorized agent under arti-
cles nine (except section one hundred eighty-two-a thereof and except as
otherwise  provided  in  section  two  hundred  five  thereof),  nine-A,
twelve-A (except as otherwise provided in section  two  hundred  eighty-
four-d  thereof),  thirteen, thirteen-A (except as otherwise provided in
section  three  hundred  twelve  thereof),  eighteen,  nineteen,  twenty
(except  as otherwise provided in section four hundred eighty-two there-
of), twenty-B, twenty-one, twenty-two, twenty-six, twenty-eight  (except
as  otherwise  provided  in section eleven hundred two or eleven hundred
three thereof), twenty-eight-A, [twenty-nine-B,] thirty-one  (except  as
otherwise  provided  in  section  fourteen  hundred twenty-one thereof),
thirty-three and thirty-three-A of this chapter shall be deposited daily
in one account with such responsible  banks,  banking  houses  or  trust
companies  as may be designated by the comptroller, to the credit of the
comptroller. Such an account may be established in one or more  of  such
depositories.  Such  deposits  shall be kept separate and apart from all
other money in the possession of the comptroller. The comptroller  shall
require  adequate  security  from  all such depositories.   Of the total
revenue collected or received under such articles of this  chapter,  the
comptroller  shall  retain in the comptroller's hands such amount as the

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