Bill Text: NY A05882 | 2019-2020 | General Assembly | Introduced

Bill Title: Authorizes municipalities to issue tax rebates without prior approval.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2019-02-20 - referred to ways and means [A05882 Detail]

Download: New_York-2019-A05882-Introduced.html

                STATE OF NEW YORK
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 20, 2019
        Introduced  by  M.  of  A.  LALOR,  FRIEND,  MORINELLO  -- read once and
          referred to the Committee on Ways and Means
        AN ACT to amend the tax law, in relation to the power of  municipalities
          to provide tax rebates
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. The tax law is amended by adding a new section 1207 to read
     2  as follows:
     3    § 1207. Municipal  authority  over  tax  relief.  Notwithstanding  any
     4  provision  of  law, rule or regulation to the contrary, any municipality
     5  may from time to time, and without prior approval by the state  legisla-
     6  ture or any state agency, authorize tax rebates.
     7    For  the  purposes  of  this  section,  "tax rebates" shall mean money
     8  remitted to taxpayers residing within the municipality authorizing  such
     9  remittance.
    10    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.