Assembly Actions -
Senate Actions - UPPERCASE
|Apr 22, 2020
referred to ways and means
Assembly Bill A10321
2019-2020 Legislative Session
Archive: Last Bill Status - In Assembly Committee
- In Committee Assembly
- On Floor Calendar Assembly
- Passed Assembly
- Delivered to Governor
- Signed By Governor
2019-A10321 (ACTIVE) - Details
2019-A10321 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10321 I N A S S E M B L Y April 22, 2020 ___________ Introduced by M. of A. D. ROSENTHAL -- 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 sales tax on digital advertising; to amend the education law, in relation to zero interest undergraduate loan refinancing; and provid- ing for the repeal of such provisions upon the expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision (c) of section 1105 of the tax law is amended by adding a new paragraph 1-a to read as follows: (1-A) NOTWITHSTANDING THE PROVISIONS OF PARAGRAPH ONE OF THIS SUBDIVI- SION, THE RECEIPTS FROM EVERY SALE, EXCEPT FOR RESALE, OF DIGITAL ADVER- TISING SERVICES. FOR PURPOSES OF THIS PARAGRAPH: (I) "DIGITAL ADVERTISING SERVICES" MEANS ADVERTISEMENT SERVICES ON A DIGITAL INTERFACE, INCLUDING ADVERTISEMENTS IN THE FORM OF BANNER ADVER- TISING, SEARCH ENGINE ADVERTISING, INTERSTITIAL ADVERTISING, AND OTHER COMPARABLE ADVERTISING SERVICES WHICH MARKETS OR PROMOTES A PARTICULAR GOOD, SERVICE, OR POLITICAL CANDIDATE OR MESSAGE. (II) "DIGITAL INTERFACE" MEANS ANY TYPE OF SOFTWARE, INCLUDING A WEBSITE, PART OF A WEBSITE, OR APPLICATION, THAT A USER IS ABLE TO ACCESS. (III) "USER" MEANS AN INDIVIDUAL OR ANY OTHER PERSON WHO ACCESSES A DIGITAL INTERFACE WITH A DEVICE. ALL REVENUE RECEIVED FROM THE IMPOSITION OF THIS TAX SHALL BE DEPOSIT- ED INTO THE DIGITAL ADVERTISING SERVICES TAX REVENUE FUND ESTABLISHED PURSUANT TO SECTION SEVENTY-EIGHT-C OF THE STATE FINANCE LAW. § 2. The state finance law is amended by adding a new section 78-c to read as follows: § 78-C. DIGITAL ADVERTISING SERVICES TAX REVENUE FUND. 1. THERE IS HEREBY CREATED AND ESTABLISHED IN THE SOLE CUSTODY OF THE STATE COMP- TROLLER A SPECIAL FUND TO BE KNOWN AS THE DIGITAL ADVERTISING SERVICES TAX REVENUE FUND WHICH SHALL BE FOR THE EXCLUSIVE BENEFIT OF PROVIDING ZERO INTEREST REFINANCING OF ELIGIBLE EDUCATION LOANS BY THE HIGHER EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. 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.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.