Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 18, 2011 |
referred to investigations and government operations |
Senate Bill S2072
2011-2012 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Investigations And Government Operations 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
2011-S2072 (ACTIVE) - Details
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd ยง692, Tax L
- Versions Introduced in 2009-2010 Legislative Session:
-
S1318
2011-S2072 (ACTIVE) - Summary
Requires the tax commissioner to establish regulations and procedures to authorize payment of personal income tax by credit card and to prescribe the manner and conditions appropriate thereto, on or before 9/1/2009; provides that it shall apply to returns filed for taxable years commencing on and after 1/1/2011.
2011-S2072 (ACTIVE) - Sponsor Memo
BILL NUMBER:S2072 TITLE OF BILL: An act to amend the tax law, in relation to payment of personal income tax by credit card SUMMARY: This bill amends subdivision (a) of Section 692 of the Tax Law, as added by Chapter 1011 of the Laws of 1962, to require the Tax Department to establish regulations and procedures to authorize the payment of personal income taxes by means of credit cards. The Tax Department will have the authority to prescribe the manner and conditions appropriate to such mode of payment. JUSTIFICATION: In a time when the stability of our economy is sitting somewhat precariously, many people find themselves facing increased financial burdens and the inability to meet all of their financial obligations. This bill would assist in alleviating one of these burdens by allowing taxpayers to pay their income tax debts with credit cards. In allowing taxpayers to use credit cards, two benefits are derived. First, as the April 15 deadline for payment of taxes approaches, a
2011-S2072 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2072 2011-2012 Regular Sessions I N S E N A T E January 18, 2011 ___________ Introduced by Sen. KRUGER -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to payment of personal income tax by credit card THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (a) of section 692 of the tax law, as added by chapter 1011 of the laws of 1962, is amended to read as follows: (a) Collection procedures.--The taxes imposed by this article shall be collected by the [tax commission] COMMISSIONER, and [it] THE COMMISSION- ER may establish the mode or time for the collection of any amount due [it] under this article if not otherwise specified. The [tax commis- sion] COMMISSIONER shall, upon request, give a receipt for any sum collected under this article. The [tax commission] COMMISSIONER may authorize banks or trust companies which are depositaries or financial agents of the state to receive and give a receipt for any tax imposed under this article in such manner, at such times, and under such condi- tions as the [tax commission] COMMISSIONER may prescribe; and the [tax commission] COMMISSIONER shall prescribe the manner, times and condi- tions under which the receipt of such tax by such banks and trust compa- nies is to be treated as payment of such tax to the [tax commission] COMMISSIONER. THE COMMISSIONER SHALL, FURTHER, ON OR BEFORE SEPTEMBER FIRST, TWO THOUSAND ELEVEN, ESTABLISH SUCH REGULATIONS AND PROCEDURES AS MAY BE NECESSARY TO AUTHORIZE THE PAYMENT OF TAXES IMPOSED UNDER THIS ARTICLE BY MEANS OF CREDIT CARD, AND SHALL PRESCRIBE THE MANNER AND CONDITIONS APPROPRIATE TO SUCH MODE OF PAYMENT. S 2. This act shall take effect immediately and shall apply to returns filed for income earned in taxable years commencing on and after January 1, 2011. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06678-02-1
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