Bill Text: NY S02822 | 2019-2020 | General Assembly | Introduced
Bill Title: Increases the threshold for dues paid to any social or athletic club.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Introduced - Dead) 2020-01-08 - REFERRED TO BUDGET AND REVENUE [S02822 Detail]
Download: New_York-2019-S02822-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 2822 2019-2020 Regular Sessions IN SENATE January 29, 2019 ___________ Introduced by Sen. JORDAN -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law, in relation to increasing the threshold for dues paid to any social or athletic club The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (i) of paragraph 2 of subdivision (f) of 2 section 1105 of the tax law, as amended by chapter 673 of the laws of 3 1995, is amended to read as follows: 4 (i) The dues paid to any social or athletic club in this state if the 5 dues of an active annual member, exclusive of the initiation fee, are in 6 excess of [ten] fifty dollars per year, and on the initiation fee alone, 7 regardless of the amount of dues, if such initiation fee is in excess of 8 [ten] fifty dollars. Where the tax on dues applies to any such social or 9 athletic club, the tax shall be paid by all members, other than honorary 10 members, thereof regardless of the amount of their dues, and shall be 11 paid on all dues or initiation fees for a period commencing on or after 12 August first, nineteen hundred sixty-five. In the case of a life member- 13 ship, the tax shall be upon the amount paid as life membership dues, 14 however, a life member, other than an honorary member, paying an annual 15 sales tax, based on the dues of an active annual member, shall continue 16 such payments until the total amount of such tax paid is equal to the 17 amount of tax that would have otherwise been due had the tax been 18 imposed at the time such paid life membership has been purchased and at 19 the then applicable rate. 20 § 2. This act shall take effect on the first of January next succeed- 21 ing the date upon which it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD08983-01-9