Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2024 |
referred to ways and means |
Jan 25, 2023 |
referred to ways and means |
Assembly Bill A2332
2023-2024 Legislative Session
Sponsored By
WALSH
Current 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
co-Sponsors
Angelo J. Morinello
Stephen Hawley
William A. Barclay
Kenneth Blankenbush
multi-Sponsors
Joe Angelino
Marjorie Byrnes
Jeff Gallahan
Brian Manktelow
2023-A2332 (ACTIVE) - Details
- See Senate Version of this Bill:
- S670
- Current Committee:
- Assembly Ways And Means
- Law Section:
- New York City Administrative Code
- Laws Affected:
- Rpld Art 26, Tax L; amd §11-1712, NYC Ad Cd
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
A10530
2011-2012: A1514
2013-2014: A6209
2015-2016: A5432
2017-2018: A8591, S2884
2019-2020: A922, S1157
2021-2022: A3026, S1516
2023-A2332 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2332 2023-2024 Regular Sessions I N A S S E M B L Y January 25, 2023 ___________ Introduced by M. of A. WALSH, MORINELLO, HAWLEY, BARCLAY, BLANKENBUSH, BRABENEC, TAGUE -- Multi-Sponsored by -- M. of A. ANGELINO, BYRNES, GALLAHAN, MANKTELOW -- read once and referred to the Committee on Ways and Means AN ACT to amend the administrative code of the city of New York, in relation to taxable estates; and to repeal article 26 of the tax law relating thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Article 26 of the tax law is REPEALED. § 2. Subdivision (r) of section 11-1712 of the administrative code of the city of New York, as relettered by chapter 639 of the laws of 1986 and such section as renumbered by chapter 639 of the laws of 1986, is amended to read as follows: (r) In the case of a sale or other disposition of property acquired from a decedent and valued by the executor of the estate of such dece- dent [for the purposes of the tax under article twenty-six of the tax law (i) pursuant to paragraph two of subsection (b) of section nine hundred fifty-four of the tax law, or (ii) pursuant to section nine hundred fifty-four-a of the tax law,] where such estate was insufficient to require the filing of a federal estate tax return, the amount neces- sary to properly reflect the gain or loss from such sale or other dispo- sition which would have been realized under this chapter, had[, in the case of clause (i) of this subdivision,] a federal estate tax return been filed similarly valuing such property pursuant to section two thou- sand thirty-two of the internal revenue code, or [in the case of clause (ii) of this subdivision,] pursuant to section two thousand thirty-two-A of such code. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02670-01-3
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