Bill Text: NY A04708 | 2019-2020 | General Assembly | Introduced


Bill Title: Relates to the crediting of video lottery gaming winnings; the crediting for winnings shall only be applied if the winnings are subject to federal income tax withholding for slot machines.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A04708 Detail]

Download: New_York-2019-A04708-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          4708
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 5, 2019
                                       ___________
        Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
          tee on Ways and Means
        AN ACT to amend the tax law, in  relation  to  the  crediting  of  video
          lottery gaming winnings
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 1613-a of the tax law is amended by  adding  a  new
     2  subdivision 11 to read as follows:
     3    (11)  Notwithstanding  the  foregoing provisions of this section, with
     4  respect to winnings realized in a video lottery game, the  crediting  as
     5  provided  for  therein shall be applied only if the winnings are subject
     6  to federal income tax withholding for slot machines.
     7    § 2. Section 1613-b of the tax law is amended by adding a new subdivi-
     8  sion 9 to read as follows:
     9    (9) Notwithstanding the foregoing provisions  of  this  section,  with
    10  respect  to  winnings realized in a video lottery game, the crediting as
    11  provided for therein shall be applied only if the winnings  are  subject
    12  to federal income tax withholding for slot machines.
    13    § 3. Section 1613-c of the tax law is amended by adding a new subdivi-
    14  sion 11 to read as follows:
    15    (11)  Notwithstanding  the  foregoing provisions of this section, with
    16  respect to winnings realized in a video lottery game, the  crediting  as
    17  provided  for  therein shall be applied only if the winnings are subject
    18  to federal income tax withholding for slot machines.
    19    § 4. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09012-01-9
feedback