Bill Text: NY S07788 | 2015-2016 | General Assembly | Introduced


Bill Title: Extends from July 1, 2016 to July 1, 2019, the expiration of provisions relating to the estate tax treatment of dispositions to a surviving spouse who is not a United States citizen.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-06-14 - SUBSTITUTED BY A10121 [S07788 Detail]

Download: New_York-2015-S07788-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          7788
                    IN SENATE
                                      May 12, 2016
                                       ___________
        Introduced  by  Sen. BONACIC -- read twice and ordered printed, and when
          printed to be committed to the Committee on Investigations and Govern-
          ment Operations
        AN ACT to amend chapter 538 of the laws of 2013, amending  the  tax  law
          relating  to  the  estate  tax  treatment of dispositions to surviving
          spouses who are not United States citizens, in relation  to  extending
          the expiration of the provisions thereof
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 2 of chapter 538 of the laws of 2013, amending  the
     2  tax  law relating to the estate tax treatment of dispositions to surviv-
     3  ing spouses who are not United States citizens, is amended  to  read  as
     4  follows:
     5    §  2.  This  act  shall take effect immediately and shall apply to the
     6  estates of decedents dying on or after January 1, 2010, and shall expire
     7  and be deemed repealed July 1, [2016] 2019.
     8    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15381-01-6
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