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NY A05735
Bill
Status
2/19/2009
Primary Sponsor
Gary Finch
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AI Summary
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Repeals Part R3 of Chapter 62 of the Laws of 2003, which previously required the commissioner of taxation and finance to collect compensating use taxes on personal income tax forms.
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Directs the commissioner to delete lines on personal income tax forms and other tax forms that were added to report unpaid compensating use tax under articles 28 and 29 of the tax law.
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Requires the commissioner to remove all references and informational measures previously implemented to encourage taxpayers to remit compensating use taxes on out-of-state purchases made in person or remotely (internet, mail-order, catalog sales).
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Declares the legislature's intent that New York has no effective means to monitor out-of-state purchases and that sales and compensating use taxes should not be calculated on personal income tax forms.
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Takes effect immediately upon enactment.
Legislative Description
An act in relation to eliminating the collection of sales and compensating use taxes on personal income tax forms; and to repeal part R3 of chapter 62 of the laws of 2003 relating to directing the commissioner of taxation and finance to take certain actions to provide for the payment and collection of the compensating use tax imposed by article 28 of the tax law relating thereto
Last Action
held for consideration in ways and means
7/1/2010