Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 30, 2016 |
print number 296b |
Mar 30, 2016 |
amend and recommit to investigations and government operations |
Jan 06, 2016 |
referred to investigations and government operations |
Apr 29, 2015 |
print number 296a |
Apr 29, 2015 |
amend and recommit to investigations and government operations |
Jan 07, 2015 |
referred to investigations and government operations |
Senate Bill S296B
2015-2016 Legislative Session
Sponsored By
(R, C) 7th 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
Bill Amendments
2015-S296 - Details
- See Assembly Version of this Bill:
- A7078
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1105, Tax L
- Versions Introduced in 2013-2014 Legislative Session:
-
S3669, A7193
2015-S296 - Sponsor Memo
BILL NUMBER: S296 TITLE OF BILL : An act to amend the tax law, in relation to the collection of sales tax on abstracts of title and other public records searches PURPOSE OR GENERAL IDEA OF BILL : To relieve title insurance providers and agents from the expense, burden and complexities associated with collecting sales tax on information services that have been historically exempt from sales tax. SUMMARY OF SPECIFIC PROVISIONS : Section one amends paragraph one of subdivision c of section 1105 of the tax law by excluding information services such as abstracts of title, tax searches, searches for municipal records for violations, certificates of title and lien searches from sales tax. Section two sets the effective date. JUSTIFICATION : Due to the severe downturn in the real estate sector of the economy, the title insurance industry has suffered particularly hard and the slow recovery of the real estate market has forced many agents with depleted reserves to lay off employees or close their doors. The loss of these small businesses further prolongs the overall economic recovery.
2015-S296 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 296 2015-2016 Regular Sessions I N S E N A T E (PREFILED) January 7, 2015 ___________ Introduced by Sen. MARTINS -- 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 the collection of sales tax on abstracts of title and other public records searches THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 1 of subdivision (c) of section 1105 of the tax law, as amended by chapter 583 of the laws of 2011, is amended to read as follows: (1) The furnishing of information by printed, mimeographed or multi- graphed matter or by duplicating written or printed matter in any other manner, including the services of collecting, compiling or analyzing information of any kind or nature and furnishing reports thereof to other persons, but excluding the furnishing of information which is personal or individual in nature and which is not or may not be substan- tially incorporated in reports furnished to other persons, and excluding the services of advertising or other agents, or other persons acting in a representative capacity, and information services used by newspapers, electronic news services, radio broadcasters and television broadcasters in the collection and dissemination of news, and excluding meteorologi- cal services, AND EXCLUDING ABSTRACTS OF TITLE AND OTHER PUBLIC RECORDS SEARCHES SUCH AS TAX SEARCHES, SEARCHES FOR MUNICIPAL RECORDS FOR VIOLATIONS, CERTIFIED OR NONCERTIFIED COPIES OBTAINED FROM THE PUBLIC RECORD, CERTIFICATES OF TITLE AND LIEN SEARCHES, CERTIFICATES OF GOOD STANDING AND FRANCHISE TAX SEARCHES, COOPERATIVE UNIT SEARCHES AND ZONING LOT PARTIES-IN-INTEREST CERTIFICATIONS. S 2. This act shall take effect April 1, 2015. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05237-01-5
2015-S296A - Details
- See Assembly Version of this Bill:
- A7078
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1105, Tax L
- Versions Introduced in 2013-2014 Legislative Session:
-
S3669, A7193
2015-S296A - Sponsor Memo
BILL NUMBER:S296A TITLE OF BILL: An act to amend the tax law, in relation to the collection of sales tax on abstracts of title and other public records searches PURPOSE OR GENERAL IDEA OF BILL: To relieve title insurance providers and agents from the expense, burden and complexities associated with collecting sales tax on information services that have been historically exempt from sales tax. SUMMARY OF SPECIFIC PROVISIONS: Section one amends paragraph one of subdivision c of section 1105 of the tax law by excluding information services such as abstracts of title, tax searches, searches for municipal records for violations, certificates of title and lien searches from sales tax. Section two sets the effective date. JUSTIFICATION: Due to the severe downturn in the real estate sector of the economy,
2015-S296A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 296--A 2015-2016 Regular Sessions I N S E N A T E (PREFILED) January 7, 2015 ___________ Introduced by Sen. MARTINS -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to the collection of sales tax on abstracts of title and other public records searches THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 1 of subdivision (c) of section 1105 of the tax law, as amended by chapter 583 of the laws of 2011, is amended to read as follows: (1) The furnishing of information by printed, mimeographed or multi- graphed matter or by duplicating written or printed matter in any other manner, including the services of collecting, compiling or analyzing information of any kind or nature and furnishing reports thereof to other persons, but excluding the furnishing of information which is personal or individual in nature and which is not or may not be substan- tially incorporated in reports furnished to other persons, and excluding the services of advertising or other agents, or other persons acting in a representative capacity, and information services used by newspapers, electronic news services, radio broadcasters and television broadcasters in the collection and dissemination of news, and excluding meteorologi- cal services, AND EXCLUDING ABSTRACTS OF TITLE AND OTHER PUBLIC RECORDS SEARCHES SUCH AS TAX SEARCHES, SEARCHES FOR MUNICIPAL RECORDS FOR VIOLATIONS, CERTIFIED OR NONCERTIFIED COPIES OBTAINED FROM THE PUBLIC RECORD, CERTIFICATES OF TITLE AND LIEN SEARCHES, CERTIFICATES OF GOOD STANDING AND FRANCHISE TAX SEARCHES, COOPERATIVE UNIT SEARCHES AND ZONING LOT PARTIES-IN-INTEREST CERTIFICATIONS. S 2. This act shall take effect April 1, 2016. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05237-03-5
2015-S296B (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7078
- Current Committee:
- Senate Investigations And Government Operations
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1105, Tax L
- Versions Introduced in 2013-2014 Legislative Session:
-
S3669, A7193
2015-S296B (ACTIVE) - Sponsor Memo
BILL NUMBER: S296B TITLE OF BILL : An act to amend the tax law, in relation to the collection of sales tax on abstracts of title and other public records searches PURPOSE OR GENERAL IDEA OF BILL : To relieve title insurance providers and agents from the expense, burden and complexities associated with collecting sales tax on information services that have been historically exempt from sales tax. SUMMARY OF SPECIFIC PROVISIONS : Section one amends paragraph one of subdivision c of section 1105 of the tax law by excluding information services such as abstracts of title, tax searches, searches for municipal records for violations, certificates of title and lien searches from sales tax. Section two sets the effective date. JUSTIFICATION : Due to the severe downturn in the real estate sector of the economy,
2015-S296B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 296--B 2015-2016 Regular Sessions I N S E N A T E (PREFILED) January 7, 2015 ___________ Introduced by Sen. MARTINS -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- recommitted to the Committee on Investigations and Government Operations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to amend the tax law, in relation to the collection of sales tax on abstracts of title and other public records searches THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 1 of subdivision (c) of section 1105 of the tax law, as amended by chapter 583 of the laws of 2011, is amended to read as follows: (1) The furnishing of information by printed, mimeographed or multi- graphed matter or by duplicating written or printed matter in any other manner, including the services of collecting, compiling or analyzing information of any kind or nature and furnishing reports thereof to other persons, but excluding the furnishing of information which is personal or individual in nature and which is not or may not be substan- tially incorporated in reports furnished to other persons, and excluding the services of advertising or other agents, or other persons acting in a representative capacity, and information services used by newspapers, electronic news services, radio broadcasters and television broadcasters in the collection and dissemination of news, and excluding meteorologi- cal services, AND EXCLUDING ABSTRACTS OF TITLE AND OTHER PUBLIC RECORDS SEARCHES SUCH AS TAX SEARCHES, SEARCHES FOR MUNICIPAL RECORDS FOR VIOLATIONS, CERTIFIED OR NONCERTIFIED COPIES OBTAINED FROM THE PUBLIC RECORD, CERTIFICATES OF TITLE AND LIEN SEARCHES, CERTIFICATES OF GOOD STANDING AND FRANCHISE TAX SEARCHES, COOPERATIVE UNIT SEARCHES AND ZONING LOT PARTIES-IN-INTEREST CERTIFICATIONS. S 2. This act shall take effect April 1, 2017.
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