Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2010 |
referred to energy and telecommunications |
Feb 11, 2009 |
referred to energy and telecommunications |
Senate Bill S2134
2009-2010 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Energy And Telecommunications Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2009-S2134 (ACTIVE) - Details
- Current Committee:
- Senate Energy And Telecommunications
- Law Section:
- Tax Law
- Laws Affected:
- Amd ยง301-i, Tax L
2009-S2134 (ACTIVE) - Summary
Reimposes the natural gas company tax which expired on September 1, 1991 for privilege of engaging in business, doing business, employing capital, owning or leasing property, or maintaining an office in this state; applies to natural gas companies; provides for exemptions including for residential purposes and for utility credit or reimbursement.
2009-S2134 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2134 TITLE OF BILL : An act to amend the tax law, in relation to reimposing the energy business tax which expired on September 1, 1991 PURPOSE : To reinstate the natural Gas Company tax that existed in this state from July 1, 1991 through September 1, 1991 and assure greater equality among the providers of energy in New York State. JUSTIFICATION : It is unfair under the present tax law that providers of petroleum products are taxed for their product while the providers of Natural Gas are not similarly taxed. The petroleum oil product is provided by individual businesses which employ numerous workers in their chain of distribution - employees who themselves pay income and other taxes, to wit: drivers, distributors, depot workers - and a myriad of others who are employed in this pipeline of product delivery. Many local distributors have reported significant reduction in their businesses since the natural gas industry obtained the unfair advantage as a result of tax law revisions in 1991. Basic fairness requires that these two energy sources both be taxed so as to avoid an unfair advantage from going to one group over the other. The petroleum industry has indicated that the very survival of some of its retail
2009-S2134 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2134 2009-2010 Regular Sessions I N S E N A T E February 11, 2009 ___________ Introduced by Sen. KRUGER -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the tax law, in relation to reimposing the energy busi- ness tax which expired on September 1, 1991 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision (a) of section 301-i of the tax law, as amended by chapter 410 of the laws of 1991, is amended to read as follows: (a) Imposition of tax. For taxable months commencing on and after July first, [nineteen hundred ninety-one and ending before September first, nineteen hundred ninety-one] TWO THOUSAND NINE, there is hereby imposed on every energy business for the privilege of engaging in business, doing business, employing capital, owning or leasing property, or main- taining an office in this state, a monthly tax for each or any part of a taxable month equal to the energy business component determined pursuant to subdivision (b) of this section. In no event shall the tax imposed by this section be less than twenty-five dollars for each or any part of a taxable month. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08809-01-9
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