Bill Text: NY S08313 | 2019-2020 | General Assembly | Introduced
Bill Title: Provides relief to businesses for late fees and interest for any delayed payments for businesses filing sales or property taxes for a period of one year.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-05-11 - REFERRED TO BUDGET AND REVENUE [S08313 Detail]
Download: New_York-2019-S08313-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8313 IN SENATE May 11, 2020 ___________ Introduced by Sen. KENNEDY -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT providing relief to businesses for late fees and interest on certain tax payments The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Notwithstanding any provision of law to the contrary, no 2 late fees shall be imposed or interest accrue on the late payment of any 3 taxes imposed or levied on a business pursuant to article 28 of the tax 4 law or article 9 of the real property tax law for a period of one year 5 following the declaration of a state disaster emergency pursuant to 6 executive order 202. 7 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD16284-01-0