Bill Text: NY S08372 | 2019-2020 | General Assembly | Introduced
Bill Title: Provides small businesses affected by COVID-19 an additional 90 days to pay certain monthly sales and payroll taxes.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2020-05-19 - REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS [S08372 Detail]
Download: New_York-2019-S08372-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8372 IN SENATE May 19, 2020 ___________ Introduced by Sen. JORDAN -- read twice and ordered printed, and when printed to be committed to the Committee on Commerce, Economic Devel- opment and Small Business AN ACT to provide small businesses affected by COVID-19 an additional 90 days to pay certain monthly sales and payroll taxes The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. For the duration of any mandatory or precautionary order of 2 quarantine or isolation issued through an executive order from the 3 governor or by the state of New York, the department of health, local 4 board of health, or any governmental entity duly authorized to issue 5 such order due to COVID-19, small businesses shall have an additional 90 6 days to pay any monthly sales and payroll taxes which become due during 7 such time. For purposes of this act, "small business" shall mean a 8 business which is resident in this state, independently owned and oper- 9 ated and who employs one hundred full-time equivalent employees or less. 10 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD16357-01-0