Bill Text: NY A08418 | 2017-2018 | General Assembly | Amended

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Bill Title: Relates to the regulation of local transportation network companies in a certain county; imposes a fifty cent per TNC prearranged trip in a certain county on every TNC prearranged trip provided by or through it that originates in a certain county and terminates anywhere in the state; establishes the NICE transit assistance fund.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2018-01-03 - referred to ways and means [A08418 Detail]

Download: New_York-2017-A08418-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         8418--A
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                      June 14, 2017
                                       ___________
        Introduced  by  M. of A. LAVINE, RAMOS, D'URSO -- read once and referred
          to the Committee on Ways  and  Means  --  committee  discharged,  bill
          amended,  ordered reprinted as amended and recommitted to said commit-
          tee
        AN ACT to amend the tax law, in relation to imposing a  fifty  cent  per
          TNC  prearranged  trip  in  a  certain  county; and to amend the state
          finance law, in relation to establishing the NICE  transit  assistance
          fund
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 1292 of the tax law, as added by section 18 of part
     2  AAA of chapter 59 of the laws of 2017, is amended to read as follows:
     3    § 1292. Imposition. (a) There is hereby imposed on every TNC  a  state
     4  assessment  fee  of  4%  of the gross trip fare of every TNC prearranged
     5  trip provided by such TNC that originates anywhere in the state  outside
     6  the city and terminates anywhere in this state.
     7    (b)  In  addition  to  any other tax, fee or surcharge imposed by this
     8  chapter or other law, there is hereby imposed on every TNC an assessment
     9  fee of fifty cents per TNC prearranged trip  on  every  TNC  prearranged
    10  trip  provided by or through it that originates in a county with a popu-
    11  lation of between one million and one million four hundred  thousand  as
    12  of the last decennial census and terminates anywhere in the state.
    13    §  2.  Section 1298 of the tax law, as added by section 18 of part AAA
    14  of chapter 59 of the laws of 2017, is amended to read as follows:
    15    § 1298. Deposit and disposition  of  revenue.  (a)  All  taxes,  fees,
    16  interest  and  penalties collected or received by the commissioner under
    17  subsection (a) of section twelve  hundred  ninety-two  of  this  article
    18  shall be deposited and disposed of pursuant to the provisions of section
    19  one hundred seventy-one-a of this chapter.
    20    (b)  All  taxes, fees, interest and penalties collected or received by
    21  the commissioner under subsection (b) of section twelve hundred  ninety-
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13175-12-7
        A. 8418--A                          2
     1  two  of  this  article  shall  be  deposited and disposed of pursuant to
     2  section eighty-nine-i of the state finance law.
     3    §  3. The state finance law is amended by adding a new section 89-i to
     4  read as follows:
     5    § 89-i. NICE transit assistance fund.  1. There is hereby  established
     6  in  the  joint  custody of the state comptroller and the commissioner of
     7  taxation and finance a fund to be known as the "NICE transit  assistance
     8  fund".  Monies  in  the NICE transit assistance fund shall be kept sepa-
     9  rately from and shall not be commingled with any  other  moneys  in  the
    10  joint  or  sole  custody of the state comptroller or the commissioner of
    11  taxation and finance.
    12    2. The NICE transit assistance fund shall consist of monies  collected
    13  therefore  or  credited  or  transferred  thereto  from  any other fund,
    14  account, or source, including a portion of  the  revenues  derived  from
    15  article  twenty-nine-B  of  the  tax  law  pursuant to subsection (b) of
    16  section twelve  hundred  ninety-eight  of  the  tax  law.  Any  interest
    17  received  by  the  comptroller  on monies on deposit in the NICE transit
    18  assistance fund shall be retained in and become part of such fund.
    19    3. Monies in the NICE transit assistance fund shall, following  appro-
    20  priation  by  the legislature, be distributed to the county of Nassau or
    21  its sub-grantees for the operating expenses thereof incurred for  public
    22  transportation  services and shall only be used to fund public transpor-
    23  tation systems  eligible  to  receive  operating  assistance  under  the
    24  provisions of section eighteen-b of the transportation law.
    25    4.  All  payments of money from the NICE transit assistance fund shall
    26  be made on the audit and warrant of the comptroller.
    27    § 4. This act shall take effect on the  same  date  and  in  the  same
    28  manner as part AAA of chapter 59 of the laws of 2017, takes effect.