Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2016 |
referred to investigations and government operations |
Jan 21, 2015 |
referred to investigations and government operations |
Senate Bill S2166
2015-2016 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
2015-S2166 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A6598
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd §606, add §658-a, Tax L
- Versions Introduced in Other Legislative Sessions:
-
2011-2012:
S7064, A9965
2013-2014: S1985, A2422
2017-2018: A6315
2019-2020: A6404
2015-S2166 (ACTIVE) - Sponsor Memo
BILL NUMBER:S2166 TITLE OF BILL: An act to amend the tax law, in relation to clarifying the recordkeeping requirements for the earned income tax credit and the enhanced earned income tax credit PURPOSE: This bill clearly delineates the record keeping requirements for any taxpayer paid principally in cash who is claiming the earned income tax credit or enhanced earned income tax credit. SUMMARY OF PROVISIONS: Section 1. Adds a new paragraph 8 to subsection (d) of section 606 of the tax law (TAX) to provide that any taxpayer who receives more than fifty percent of his or her income in cash may follow the income documentation standards under § 658-a when claiming the earned income credit. Section 2. Adds a new paragraph (9) to TAX § 606(d-1) to provide that any taxpayer who receives more than fifty percent of his or her income in cash may follow the income documentation standards under § 658-a when claiming the enhanced earned income credit.
2015-S2166 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2166 2015-2016 Regular Sessions I N S E N A T E January 21, 2015 ___________ Introduced by Sen. CARLUCCI -- 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 clarifying the recordkeeping requirements for the earned income tax credit and the enhanced earned income tax credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (d) of section 606 of the tax law is amended by adding a new paragraph 8 to read as follows: (8) INCOME DOCUMENTATION. ANY TAXPAYER WHO RECEIVES MORE THAN FIFTY PERCENT OF HIS OR HER INCOME IN CASH WHO IS CLAIMING THE CREDIT UNDER THIS SUBSECTION MAY FOLLOW THE INCOME DOCUMENTATION STANDARDS SET FORTH IN SECTION SIX HUNDRED FIFTY-EIGHT-A OF THIS ARTICLE WHEN APPLICABLE. S 2. Subsection (d-1) of section 606 of the tax law is amended by adding a new paragraph 9 to read as follows: (9) ANY TAXPAYER WHO RECEIVES MORE THAN FIFTY PERCENT OF HIS OR HER INCOME IN CASH WHO IS CLAIMING THE CREDIT UNDER THIS SUBSECTION MAY PROVE HIS OR HER INCOME BY FOLLOWING THE INCOME DOCUMENTATION STANDARDS SET FORTH IN SECTION SIX HUNDRED FIFTY-EIGHT-A OF THIS ARTICLE WHEN APPLICABLE. S 3. The tax law is amended by adding a new section 658-a to read as follows: S 658-A. INCOME DOCUMENTATION CONCERNING THE EARNED INCOME CREDIT. IN CONJUNCTION WITH THE REQUIREMENTS SET FORTH IN THIS CHAPTER, THE PROVISIONS OF THIS SECTION SHALL APPLY TO ANY TAXPAYER CLAIMING THE EARNED INCOME CREDIT AS SET FORTH IN SUBSECTION (D) OF SECTION SIX HUNDRED SIX OF THIS ARTICLE. (A) INCOME DOCUMENTATION STANDARDS FOR CASH EARNERS. IF THE TAXPAYER IS EMPLOYED IN ONE OR MORE OCCUPATIONS WHERE SUCH TAXPAYER RECEIVES MORE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03126-01-5
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