| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| May 19, 2020 |
referred to commerce, economic development and small business |
Senate Bill S8372
2019-2020 Legislative Session
Sponsored By
(R, C, IP, RFM) Senate District
Archive: Last Bill Status - In Senate Committee Commerce, Economic Development And Small Business Committee
Actions
co-Sponsors
(R, C, IP, RFM) Senate District
2019-S8372 (ACTIVE) - Details
- Current Committee:
- Senate Commerce, Economic Development And Small Business
- Law Section:
- Taxation
2019-S8372 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8372
SPONSOR: JORDAN
TITLE OF BILL:
An act to provide small businesses affected by COVID-19 an additional 90
days to pay certain monthly sales and payroll taxes
SUMMARY OF PROVISIONS:
Section 1 provides that small businesses, defined as a business owned
and operated by a resident of New York State with one hundred employees
or less, shall have an additional 90 days to pay any monthly sales and
payroll taxes which become due during such time.
Section 2 establishes the effective date.
JUSTIFICATION:
The outbreak of COVID-19 and subsequent measures taken to combat the
spread of the pandemic have been devastating for the economy of New York
2019-S8372 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
8372
I N S E N A T E
May 19, 2020
___________
Introduced by Sen. JORDAN -- read twice and ordered printed, and when
printed to be committed to the Committee on Commerce, Economic Devel-
opment and Small Business
AN ACT to provide small businesses affected by COVID-19 an additional 90
days to pay certain monthly sales and payroll taxes
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. For the duration of any mandatory or precautionary order of
quarantine or isolation issued through an executive order from the
governor or by the state of New York, the department of health, local
board of health, or any governmental entity duly authorized to issue
such order due to COVID-19, small businesses shall have an additional 90
days to pay any monthly sales and payroll taxes which become due during
such time. For purposes of this act, "small business" shall mean a
business which is resident in this state, independently owned and oper-
ated and who employs one hundred full-time equivalent employees or less.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD16357-01-0
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