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NY A01991
Bill
Status
1/12/2011
Primary Sponsor
James Tedisco
Click for details
AI Summary
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Amends Tax Law Section 657 to grant automatic extension for filing personal income tax returns and paying taxes when state budget is not enacted by April 1st
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Extension period equals the number of days after April 1st until the last of six budget bills (Public Protection and General Government, Education/Labor/Family Assistance, Health and Mental Hygiene, Transportation/Economic Development/Environmental Conservation, Legislative and Judiciary, and Debt Service) is enacted minus one day
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No penalties or interest shall be assessed or imposed on taxpayers during the automatic extension period
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Applies to taxable years beginning on and after January 1, 2011
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Takes effect immediately upon enactment
Legislative Description
Grants taxpayer an automatic extension of time for filing a return and paying personal income taxes where a state budget is not timely enacted into law; provides that no penalties or interest shall be assessed, or imposed upon a taxpayer during such extension.
Last Action
held for consideration in ways and means
6/19/2012