Bill Text: NY A00213 | 2015-2016 | General Assembly | Introduced

---

Bill Title: Authorizes certain taxpayers who are entitled to a one hundred percent rebate of certain stock transfer taxes not to pay such taxes.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2016-01-06 - referred to ways and means [A00213 Detail]

Download: New_York-2015-A00213-Introduced.html

---

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                          213
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                      (PREFILED)
                                    January 7, 2015
                                      ___________
       Introduced by M. of A. BUCHWALD -- read once and referred to the Commit-
         tee on Ways and Means
       AN  ACT to amend the tax law, in relation to authorizing certain taxpay-
         ers who are entitled to a one hundred percent rebate of certain  stock
         transfer taxes not to pay such taxes
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The tax law is amended by adding a  new  section  281-b  to
    2  read as follows:
    3    S 281-B. APPLICATION OF ARTICLE TO CERTAIN TAXPAYERS.  NOTWITHSTANDING
    4  ANY  OTHER  PROVISION  OF  LAW TO THE CONTRARY, A TAXPAYER THAT WOULD BE
    5  ENTITLED TO RECEIVE A REBATE OF ONE HUNDRED PERCENT OF THE  TAX  IMPOSED
    6  BY THIS ARTICLE SHALL NOT BE OBLIGATED TO PAY SUCH TAXES.
    7    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD00075-01-5