NY A08627

Eliminates the option for taxpayers to pay New York State withholding and sales taxes by certified check; requires payment by electronic funds transfer only for those meeting threshold requirements.

Removes the alternative certified check payment option for educational organizations and other taxpayers subject to electronic funds transfer requirements under tax law sections 9 and 10.

Modifies regulations for electronic funds transfer methods to clarify that taxpayers must use available transfer methods, removing the previous requirement that at least two free methods be offered.

Applies to taxpayers with withholding tax obligations of $35,000 or more in semi-annual periods, fuel tax obligations exceeding $5 million annually, and sales tax liabilities meeting specified thresholds.

Takes effect immediately and applies to all tax payments required 30 days after the bill becomes law.