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NY S08893

Bill

Official Source

Status

Introduced

6/1/2018

Primary Sponsor

Martin Golden

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Removes the $1,000 per vehicle tax cap on medallion taxicabs, allowing cities of one million or more to tax them at the same rate as other passenger vehicles
  • Establishes a uniform tax rate of $400 per vehicle for all motor vehicles transporting passengers, including medallion taxicabs, effective June 1, 2018
  • Applies the new $400 rate to tax years beginning on or after June 1, 2018
  • Maintains the previous $1,000 medallion taxi and $400 other passenger vehicle rates for tax years through May 31, 2018
  • Takes effect immediately upon enactment

Legislative Description

Enables any city of one million or more to impose taxes on motor vehicles for transporting passengers, including medallion taxis, of four hundred dollars per vehicle.

Last Action

REFERRED TO CITIES

6/1/2018

Committee Referrals

Cities6/1/2018

Full Bill Text

No bill text available