STATE OF NEW YORK
________________________________________________________________________
2384
2023-2024 Regular Sessions
IN ASSEMBLY
January 26, 2023
___________
Introduced by M. of A. PAULIN -- read once and referred to the Committee
on Ways and Means
AN ACT to amend part EEE of chapter 59 of the laws of 2018, relating to
an online application system for taxpayers to submit claims for
reimbursements of certain payments, in relation to state reimburse-
ments for interest on federal tax liability resulting from real prop-
erty tax law changes enacted in 2018
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 1 of part EEE of chapter 59 of the laws of 2018,
2 relating to an online application system for taxpayers to submit claims
3 for reimbursements of certain payments, is amended to read as follows:
4 Section 1. The tax department shall be required to set up an online
5 application system for taxpayers to submit claims for reimbursements of
6 payments of interest on fixed and final determinations of underpayments
7 of federal tax liability for the 2018, 2019, 2020 and 2021 tax year that
8 arise from the taxpayers' reliance on amendments to the tax law or real
9 property tax law enacted in the year 2018. In order to receive such
10 reimbursement, taxpayers shall be required to submit their reimbursement
11 claims to the department of taxation and finance within 60 days of
12 making their payments of interest to the internal revenue service.
13 § 2. This act shall take effect immediately, and shall be deemed to
14 have been in full force and effect on and after April 1, 2018.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05254-01-3