|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Apr 30, 2019||reported and committed to finance|
|Feb 25, 2019||referred to budget and revenue|
senate Bill S4021
Current Bill Status - In Senate Committee Finance Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S4021 (ACTIVE) - Details
S4021 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4021 SPONSOR: BAILEY TITLE OF BILL: An act to amend the tax law, in relation to taxpayers affected by a federal government shutdown PURPOSE OR GENERAL IDEA OF BILL: To allow New York State residents affected by a federal government shut- down an automatic tax return extension that otherwise is required to file a return on April fifteenth. The length of the extension is sixty days from the date the federal government reopens with no penalties or interested imposed on the taxpayer. SUMMARY OF PROVISIONS: Section 1: Section 657 of the tax law is amended to create an automatic extension for employees affected by a federal government shutdown. An automatic extension shall be granted to any taxpayer who is employees by
S4021 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4021 2019-2020 Regular Sessions I N S E N A T E February 25, 2019 ___________ Introduced by Sen. BAILEY -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law, in relation to taxpayers affected by a federal government shutdown THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 657 of the tax law is amended by adding a new subsection (d) to read as follows: (D) AUTOMATIC EXTENSION FOR EMPLOYEES AFFECTED BY A FEDERAL GOVERNMENT SHUTDOWN. AN AUTOMATIC EXTENSION SHALL BE GRANTED TO ANY TAXPAYER WHO IS EMPLOYED BY THE FEDERAL GOVERNMENT AND IS FURLOUGHED AS A RESULT OF A FEDERAL GOVERNMENT SHUTDOWN. SUCH EXTENSION SHALL BE GRANTED FOR FILING A TAX RETURN OR PAYING A TAX OTHERWISE REQUIRED ON APRIL FIFTEENTH. THE LENGTH OF SUCH EXTENSION SHALL BE SIXTY DAYS FROM THE DATE THE FEDERAL GOVERNMENT REOPENS. SUBSECTION (B) OF THIS SECTION SHALL NOT APPLY TO PERSONS GRANTED AN EXTENSION BY THIS SUBSECTION. NO PENALTIES OR INTER- EST SHALL BE ASSESSED OR IMPOSED UPON A TAXPAYER DURING SUCH EXTENSION AS GRANTED HEREIN. § 2. Section 171 of the tax law is amended by adding a new subdivision twenty-ninth to read as follows: TWENTY-NINTH. (A) PROVIDE FOR THE PAYMENT BY THE DEPARTMENT OF EVERY REFUND DUE TO A TAXPAYER PURSUANT TO SUBSECTION (D) OF SECTION SIX HUNDRED FIFTY-SEVEN OF THIS CHAPTER WITHIN THIRTY DAYS OF THE RECEIPT BY THE DEPARTMENT OF THE TAX RETURN CLAIMING SUCH REFUND; PROVIDED THAT, IF THE DEPARTMENT IS UNABLE TO PAY A TAX REFUND BECAUSE OF A DISCREPANCY IN THE TAXPAYER'S TAX RETURN, THE DEPARTMENT SHALL, WITHIN SUCH THIRTY DAY PERIOD, PROVIDE FOR WRITTEN NOTICE TO THE TAXPAYER OF THE SPECIFIC DISCREPANCY AND A DATE WHEN SUCH DISCREPANCY CAN BE EXPECTED TO BE RESOLVED. (B) UPON THE FAILURE TO PROVIDE A REFUND OR WRITTEN NOTICE TO A TAXPAYER PURSUANT TO PARAGRAPH (A) OF THIS SUBDIVISION, THE DEPARTMENT SHALL PAY THE TAXPAYER INTEREST ON THE REFUND OWED AT A RATE OF SIX PERCENT PER ANNUM. § 3. This act shall take effect immediately.
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