Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2018 |
referred to ways and means |
Jun 12, 2017 |
referred to ways and means |
Assembly Bill A8350
2017-2018 Legislative Session
Sponsored By
CYMBROWITZ
Archive: Last Bill Status - In Assembly 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
2017-A8350 (ACTIVE) - Details
2017-A8350 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8350 2017-2018 Regular Sessions I N A S S E M B L Y June 12, 2017 ___________ Introduced by M. of A. CYMBROWITZ -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to the repurchase of untaxed or seized cigarettes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision (c) of section 1846 of the tax law, as amended by chapter 556 of the laws of 2011, is amended to read as follows: (c) [In the alternative, the tax commission may dispose of any ciga- rettes seized pursuant to this section, except those that violate, or are suspected of violating, federal trademark laws or import laws, by transferring them to the department of corrections and community super- vision for sale to or use by inmates in such institutions.] NOTWITH- STANDING THE PROVISIONS OF SECTION FOUR HUNDRED SEVENTY-SIX OF THIS CHAPTER AND IN ADDITION TO ANY OTHER PENALTY IMPOSED BY LAW, THE COMMIS- SIONER SHALL REQUIRE THE MANUFACTURER OF UNTAXED OR SEIZED CIGARETTES TO REPURCHASE SUCH CIGARETTES AND PAY TO THE COMMISSIONER AN AMOUNT EQUAL TO THE COST OF SUCH CIGARETTES AS SOLD TO A WHOLESALER OR AGENT. THE COMMISSIONER SHALL BE AUTHORIZED TO PROMULGATE SUCH REGULATIONS TO IMPLEMENT THE REPURCHASE OF SUCH UNTAXED CIGARETTES AS MAY BE NECESSARY. ALL FUNDS OBTAINED BY THE COMMISSIONER AS A RESULT OF SUCH REPURCHASE SHALL BE PAID TO THE GENERAL FUND. § 2. This act shall take effect on the one hundred eightieth day after it shall have become a law; provided, however, that effective immediate- ly, the addition, amendment and/or repeal of any rule or regulation by the commissioner of taxation and finance that are necessary for the implementation of this act on its effective date are authorized to be made and completed on or before such effective date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11722-01-7
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