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
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