Assembly Bill A9827

2021-2022 Legislative Session

Requires the deposit, into the dedicated highway and bridge trust fund, of a portion of the sales tax collected on each gallon of motor fuel sold at retail and establishes a temporary fuel tax holiday; repealer

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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

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2021-A9827 (ACTIVE) - Details

See Senate Version of this Bill:
S8483
Current Committee:
Assembly Ways And Means
Law Section:
Tax Law
Laws Affected:
Amd §§1148 & 1817, add §47, Tax L; amd §§89-b, 88-a & 89-c, rpld §89-b sub 3 ¶(a), St Fin L; amd §392-i, Gen Bus L

2021-A9827 (ACTIVE) - Summary

Requires the deposit, into the dedicated highway and bridge trust fund, of a portion of the sales tax collected on each gallon of motor fuel sold at retail; increases the amount to be deposited over time; establishes a temporary fuel tax holiday until September.

2021-A9827 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9827
 
                           I N  A S S E M B L Y
 
                              April 19, 2022
                                ___________
 
 Introduced  by M. of A. TAGUE -- read once and referred to the Committee
   on Ways and Means
 
 AN ACT to amend the tax law, the general  business  law  and  the  state
   finance  law,  in relation to providing for the deposit into the dedi-
   cated highway and bridge trust fund of a  portion  of  the  sales  tax
   revenue  from the sale of motor fuel and establishing a temporary fuel
   tax holiday; and to repeal certain provisions of the state finance law
   relating thereto
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section 1148 of the tax law, as amended by section 6-a of
 part G of chapter 59 of the laws of 2019, is amended to read as follows:
   § 1148. Deposit and disposition of revenue. (a)  All  taxes,  interest
 and penalties collected or received by the commissioner under this arti-
 cle  shall  be  deposited  and disposed of pursuant to the provisions of
 section one hundred seventy-one-a of this chapter; provided however, the
 comptroller shall on or before the twelfth day of each  month,  pay  all
 such  taxes,  interest  and  penalties  collected under this article and
 remaining to the comptroller's credit in such banks, banking  houses  or
 trust  companies at the close of business on the last day of the preced-
 ing month, into the general fund of the state treasury.
   (A-1) PROVIDED HOWEVER, BEFORE THE FUNDS MAY BE  DISTRIBUTED  PURSUANT
 TO  SUBDIVISION  (A) OF THIS SECTION, ONE CENT OF THE TAXES COLLECTED OR
 RECEIVED BY THE COMMISSIONER UNDER THIS ARTICLE FOR THE RETAIL  SALE  OF
 EACH  GALLON  OF MOTOR FUEL SHALL BE DEPOSITED IN THE SPECIAL OBLIGATION
 RESERVE AND PAYMENT ACCOUNT OF THE DEDICATED HIGHWAY  AND  BRIDGE  TRUST
 FUND, ESTABLISHED BY SECTION EIGHTY-NINE-B OF THE STATE FINANCE LAW.
   (b)  Provided  however, [before] AFTER the funds [may be] ARE distrib-
 uted pursuant to subdivision [(a)] (A-1) of this section BUT BEFORE SUCH
 FUNDS ARE DISTRIBUTED PURSUANT TO SUBDIVISION (A) OF THIS SECTION,  such
 funds   shall   be   distributed   as  otherwise  provided  in  sections
 ninety-two-d, ninety-two-h, and ninety-two-r of the  state  finance  law
 and  sections eleven hundred two, eleven hundred four and eleven hundred
 nine of this article.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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