A09087 Summary:

BILL NOA09087
 
SAME ASSAME AS S06470
 
SPONSORRodriguez
 
COSPNSRBrennan
 
MLTSPNSR
 
Amd §1105, Tax L; amd §§92-ff & 88-a, St Fin L
 
Relates to the transfer of funds into the metropolitan transportation authority aid trust account and the public transportation system operating assistance account.
Go to top    

A09087 Actions:

BILL NOA09087
 
01/25/2016referred to ways and means
Go to top

A09087 Committee Votes:

Go to top

A09087 Floor Votes:

There are no votes for this bill in this legislative session.
Go to top

A09087 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9087
 
                   IN ASSEMBLY
 
                                    January 25, 2016
                                       ___________
 
        Introduced  by  M.  of  A.  RODRIGUEZ  --  read once and referred to the
          Committee on Ways and Means
 
        AN ACT to amend the tax law and the state finance law,  in  relation  to
          the  transfer  of funds into the metropolitan transportation authority
          aid trust account and the  public    transportation  system  operating
          assistance account

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Paragraph 10 of subdivision (c) of section 1105 of the  tax
     2  law,  as  added  by  section  2 of part U-1 of chapter 57 of the laws of
     3  2009, is amended to read as follows:
     4    (10) Transportation service, whether  or  not  any  tangible  personal
     5  property  is  transferred  in  conjunction  therewith, and regardless of
     6  whether the charge is paid in this state or out of state so long as  the
     7  service is provided in this state.  For purposes of this section, trans-
     8  portation  service  shall  include  services  provided by transportation
     9  network companies.
    10    § 2. Subdivision 6 of section  92-ff  of  the  state  finance  law  is
    11  amended by adding a new paragraph (c) to read as follows:
    12    (c) The comptroller is hereby authorized and directed to transfer from
    13  the  general  fund  for  deposit  into  the  metropolitan transportation
    14  authority aid trust account, on or before  March  thirty-first  of  each
    15  year, an amount equal to the following:
    16    (i)  For the state fiscal year ending March thirty-first, two thousand
    17  sixteen, ten million dollars;
    18    (ii) In each succeeding state fiscal year, the transfer  shall  ensure
    19  that   the  metropolitan  transportation  authority  aid  trust  account
    20  receives a sum equal to fifty percent of gross receipts of  state  sales
    21  and  compensating use taxes collected pursuant to section eleven hundred
    22  five of the tax law for transportation services provided by  transporta-
    23  tion  network  companies  originating in any of the twelve counties that
    24  comprise the metropolitan transportation commuter  district  established
    25  pursuant  to  section twelve hundred sixty-two of the public authorities
    26  law, in addition to the receipts collected under section twelve  hundred
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13455-02-6

        A. 9087                             2
 
     1  eighty-one  of  the  tax  law.  Provided, however, that if the aggregate
     2  amount of revenues retained by the metropolitan transportation authority
     3  pursuant to paragraph ten of subdivision (c) of section  eleven  hundred
     4  five of the tax law and section twelve hundred eighty-one of the tax law
     5  is  less  than  eighty-five  million dollars, then the comptroller shall
     6  increase the percentage  of  state  sales  and  compensating  use  taxes
     7  retained  by  the metropolitan transportation authority until it retains
     8  no less than eighty-five million  dollars  for  the  state  fiscal  year
     9  ending  March  thirty-first,  two thousand seventeen. Further, the comp-
    10  troller shall increase the level of transfer from the general  fund  for
    11  subsequent  state  fiscal years to an amount equal to the product of the
    12  aggregate amount discussed in the previous sentence  and  one  plus  the
    13  consumer  cost  change  factor.  For  purposes of this subparagraph, the
    14  consumer cost change factor is the percentage of change of the  national
    15  consumer  cost index for the most recent twelve month period relative to
    16  the previous twelve month period.
    17    § 3. Subdivision 5 of section 88-a of the state finance law is amended
    18  by adding a new paragraph (d) to read as follows:
    19    (d) The comptroller is hereby  authorized  and  directed  to  transfer
    20  fifty  percent of the gross receipts of state sales and compensating use
    21  taxes collected pursuant to section eleven hundred five of the  tax  law
    22  on  transportation services provided by transportation network companies
    23  originating outside the metropolitan transportation commuter district to
    24  the public transportation system  operating  assistance  account  estab-
    25  lished under this subdivision. These transfers shall not be included for
    26  purposes of calculating the sales tax growth factor established in para-
    27  graph  (c)  of  this  subdivision,  and  shall supplement the additional
    28  transfers indexed to the sales tax growth  factor  required  under  this
    29  subdivision.  Transfers  provided under this paragraph shall not be used
    30  to offset reduced transfers under paragraph (c) of this subdivision.
    31    § 4. This act shall take effect immediately.
Go to top