Bill Text: NY A05405 | 2019-2020 | General Assembly | Introduced

New York Assembly Bill 5405 (Prior Session Legislation)

Introduced

Bill Title: Relates to taxpayers affected by a federal government shutdown by granting an extension for those who are furloughed and expediting their tax refunds.

Spectrum: Partisan Bill (Democrat 15-0)

Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A05405 Detail]

Download: New_York-2019-A05405-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          5405
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 11, 2019
                                       ___________
        Introduced  by  M. of A. FALL -- read once and referred to the Committee
          on Ways and Means
        AN ACT to amend the tax law, in relation  to  taxpayers  affected  by  a
          federal government shutdown
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 657 of the tax law  is  amended  by  adding  a  new
     2  subsection (d) to read as follows:
     3    (d) Automatic extension for employees affected by a federal government
     4  shutdown. An automatic extension shall be granted to any taxpayer who is
     5  employed  by  the  federal government and is furloughed as a result of a
     6  federal government shutdown. Such extension shall be granted for  filing
     7  a  tax return or paying a tax otherwise required on April fifteenth. The
     8  length of such extension shall be sixty days from the date  the  federal
     9  government  reopens.  Subsection  (b) of this section shall not apply to
    10  persons granted an extension by this subsection. No penalties or  inter-
    11  est  shall  be assessed or imposed upon a taxpayer during such extension
    12  as granted herein.
    13    § 2. Section 171 of the tax law is amended by adding a new subdivision
    14  twenty-ninth to read as follows:
    15    Twenty-ninth. (a) Provide for the payment by the department  of  every
    16  refund  due  to  a  taxpayer  pursuant  to subsection (d) of section six
    17  hundred fifty-seven of this chapter within thirty days of the receipt by
    18  the department of the tax return claiming such refund; provided that, if
    19  the department is unable to pay a tax refund because of a discrepancy in
    20  the taxpayer's tax return, the department shall, within such thirty  day
    21  period,  provide  for  written  notice  to  the taxpayer of the specific
    22  discrepancy and a date when such  discrepancy  can  be  expected  to  be
    23  resolved.
    24    (b)  Upon  the  failure  to  provide  a  refund or written notice to a
    25  taxpayer pursuant to paragraph (a) of this subdivision,  the  department
    26  shall  pay  the  taxpayer  interest  on the refund owed at a rate of six
    27  percent per annum.
    28    § 3. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09001-01-9