A08577 Summary:
BILL NO | A08577 |
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SAME AS | No same as |
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SPONSOR | Buchwald |
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COSPNSR | |
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MLTSPNSR | |
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Add S281-B, Tax L | |
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Authorizes certain taxpayers who are entitled to a one hundred percent rebate of certain stock transfer taxes not to pay such taxes. |
A08577 Actions:
BILL NO | A08577 | |||||||||||||||||||||||||||||||||||||||||||||||||
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01/23/2014 | referred to ways and means |
A08577 Floor Votes:
There are no votes for this bill in this legislative session.
Go to topA08577 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 8577 IN ASSEMBLY January 23, 2014 ___________ Introduced by M. of A. BUCHWALD -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the tax law, in relation to authorizing certain taxpay- ers who are entitled to a one hundred percent rebate of certain stock transfer taxes not to pay such taxes The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The tax law is amended by adding a new section 281-b to 2 read as follows: 3 § 281-b. Application of article to certain taxpayers. Notwithstanding 4 any other provision of law to the contrary, a taxpayer that would be 5 entitled to receive a rebate of one hundred percent of the tax imposed 6 by this article shall not be obligated to pay such taxes. 7 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13033-01-3