Bill Text: NY A09087 | 2015-2016 | General Assembly | Introduced


Bill Title: Relates to the transfer of funds into the metropolitan transportation authority aid trust account and the public transportation system operating assistance account.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2016-01-25 - referred to ways and means [A09087 Detail]

Download: New_York-2015-A09087-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          9087
                   IN ASSEMBLY
                                    January 25, 2016
                                       ___________
        Introduced  by  M.  of  A.  RODRIGUEZ  --  read once and referred to the
          Committee on Ways and Means
        AN ACT to amend the tax law and the state finance law,  in  relation  to
          the  transfer  of funds into the metropolitan transportation authority
          aid trust account and the  public    transportation  system  operating
          assistance account
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Paragraph 10 of subdivision (c) of section 1105 of the  tax
     2  law,  as  added  by  section  2 of part U-1 of chapter 57 of the laws of
     3  2009, is amended to read as follows:
     4    (10) Transportation service, whether  or  not  any  tangible  personal
     5  property  is  transferred  in  conjunction  therewith, and regardless of
     6  whether the charge is paid in this state or out of state so long as  the
     7  service is provided in this state.  For purposes of this section, trans-
     8  portation  service  shall  include  services  provided by transportation
     9  network companies.
    10    § 2. Subdivision 6 of section  92-ff  of  the  state  finance  law  is
    11  amended by adding a new paragraph (c) to read as follows:
    12    (c) The comptroller is hereby authorized and directed to transfer from
    13  the  general  fund  for  deposit  into  the  metropolitan transportation
    14  authority aid trust account, on or before  March  thirty-first  of  each
    15  year, an amount equal to the following:
    16    (i)  For the state fiscal year ending March thirty-first, two thousand
    17  sixteen, ten million dollars;
    18    (ii) In each succeeding state fiscal year, the transfer  shall  ensure
    19  that   the  metropolitan  transportation  authority  aid  trust  account
    20  receives a sum equal to fifty percent of gross receipts of  state  sales
    21  and  compensating use taxes collected pursuant to section eleven hundred
    22  five of the tax law for transportation services provided by  transporta-
    23  tion  network  companies  originating in any of the twelve counties that
    24  comprise the metropolitan transportation commuter  district  established
    25  pursuant  to  section twelve hundred sixty-two of the public authorities
    26  law, in addition to the receipts collected under section twelve  hundred
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13455-02-6
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