Bill Text: NY A07764 | 2011-2012 | General Assembly | Introduced
Bill Title: Expands requirements relating to the development and operation of a data match system to facilitate the identification and seizure of non-exempt financial assets of tax debtors.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2012-08-17 - signed chap.380 [A07764 Detail]
Download: New_York-2011-A07764-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
7764
2011-2012 Regular Sessions
I N A S S E M B L Y
May 16, 2011
___________
Introduced by M. of A. FARRELL -- read once and referred to the Commit-
tee on Ways and Means
AN ACT to amend the administrative code of the city of New York, in
relation to the financial institution data match system for tax
collection purposes
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Paragraph (b) of subdivision 2 of section 11-130 of the
2 administrative code of the city of New York, as added by chapter 201 of
3 the laws of 2009, is amended to read as follows:
4 (b) Each financial institution doing business in the [city] STATE OF
5 NEW YORK shall, in conjunction with the commissioner or the commission-
6 er's authorized designee, develop and operate a data match system to
7 facilitate the identification and seizure of non-exempt financial assets
8 of tax debtors identified by the commissioner or the commissioner's
9 authorized designee. If a financial institution has a data match system
10 developed or used to administer the child support enforcement programs
11 of this state, and if that system is approved by the commissioner or the
12 commissioner's authorized designee, the financial institution may use
13 that system to comply with the provisions of this section.
14 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11553-01-1
