Bill Text: NY A01122 | 2019-2020 | General Assembly | Introduced
Bill Title: Relates to limiting certain penalties for failure to pay certain hospital assessments.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2020-07-13 - held for consideration in health [A01122 Detail]
Download: New_York-2019-A01122-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1122 2019-2020 Regular Sessions IN ASSEMBLY January 14, 2019 ___________ Introduced by M. of A. KOLB -- read once and referred to the Committee on Health AN ACT to amend the public health law, in relation to penalties for failure to pay certain hospital assessments The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 8 of section 2807-d of the public health law, 2 as added by chapter 938 of the laws of 1990, paragraph (a) as amended by 3 section 24 of subpart D of part V-1 of chapter 57 of the laws of 2009 4 and paragraph (b) as amended by chapter 41 of the laws of 1992, is 5 amended to read as follows: 6 8. (a) If an estimated payment made for a month to which an assessment 7 applies is less than ninety percent of the actual amount due for such 8 month, interest shall be due and payable to the commissioner on the 9 difference between the amount paid and the amount due from the day of 10 the month the estimated payment was due until the date of payment. The 11 rate of interest shall be twelve percent per annum or at the rate of 12 interest set by the commissioner of taxation and finance with respect to 13 underpayments of tax pursuant to subsection (e) of section one thousand 14 ninety-six of the tax law minus four percentage points. Interest under 15 this paragraph shall not be paid if the amount thereof is less than one 16 dollar. Interest, if not paid by the due date of the following month's 17 estimated payment, may be collected by the commissioner pursuant to 18 paragraph (c) of subdivision six of this section in the same manner as 19 an assessment pursuant to subdivision two of this section. 20 (b) [If an estimated payment made for a month to which an assessment21applies is less than seventy percent of the actual amount due for such22month, a penalty shall be due and payable to the commissioner of five23percent of the difference between the amount paid and the amount due24for such month when the failure to pay is for a duration of not more25than one month after the due date of the payment with an additionalEXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD04088-01-9A. 1122 2 1five percent for each additional month or fraction thereof during which2such failure continues, not exceeding twenty-five percent in the aggre-3gate. A penalty may be collected by the commissioner pursuant to para-4graph (c) of subdivision six of this section in the same manner as an5assessment pursuant to subdivision two of this section.6(c)] Overpayment by a hospital of an estimated payment shall be 7 applied to any other payment due from the hospital pursuant to this 8 section, or, if no payment is due, at the election of the hospital shall 9 be applied to future estimated payments or refunded to the hospital. 10 Interest shall be paid on overpayments from the date of overpayment to 11 the date of crediting or refund at the rate determined in accordance 12 with paragraph (a) of this subdivision if the overpayment was made at 13 the direction of the commissioner. Interest under this paragraph shall 14 not be paid if the amount thereof is less than one dollar. 15 § 2. This act shall take effect immediately.