Bill Text: NY A10394 | 2009-2010 | General Assembly | Introduced
Bill Title: Establishes a metropolitan commuter transportation mobility tax ticket rebate program.
Spectrum: Moderate Partisan Bill (Republican 8-2)
Status: (Introduced - Dead) 2010-07-01 - held for consideration in ways and means [A10394 Detail]
Download: New_York-2009-A10394-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 10394 I N A S S E M B L Y March 23, 2010 ___________ Introduced by M. of A. J. MILLER -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to a metropolitan commuter transportation mobility tax ticket rebate program 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 807 to read 2 as follows: 3 S 807. TICKET REBATE PROGRAM. EVERY EMPLOYER OR SELF-EMPLOYED INDIVID- 4 UAL WHO PAYS THE TAX IMPOSED BY THIS ARTICLE SHALL RECEIVE TICKETS FOR 5 USE ON THE TRANSPORTATION FACILITIES OPERATED BY THE METROPOLITAN TRANS- 6 PORTATION AUTHORITY WITHIN THE MCTD. THE AGGREGATE VALUE OF THE TICKETS 7 SHALL BE EQUAL TO THE AMOUNT OF TAX PAID BY SUCH EMPLOYER OR SELF-EM- 8 PLOYED INDIVIDUAL FOR THE QUARTERLY TAX PERIOD. THE COMMISSIONER SHALL 9 DEVELOP AND DISSEMINATE FORMS FOR USE BY TAXPAYERS WHICH SHALL FACILI- 10 TATE THIS PROGRAM. SUCH FORMS SHALL PERMIT TAXPAYERS TO SPECIFY THE TYPE 11 OF TICKETS REQUESTED. SUCH REBATE TICKETS SHALL BE FULLY TRANSFERABLE 12 AND HAVE NO EXPIRATION OR EXCLUSIONS. 13 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15383-01-0