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Sponsors
58 Multi-sponsors
- Peter Abbate
- Marc Alessi
- Thomas Alfano
- Jeffrion Aubry
- Michael Benedetto
- Alec Brook-Krasny
- Kevin Cahill
- Joan Christensen
- William Colton
- Michael Cusick
- Steven Cymbrowitz
- Francine DelMonte
- RoAnn Destito
- Steven Englebright
- Ginny Fields
- Dennis H. Gabryszak
- Sandy Galef
- Vanessa Gibson
- Timothy P. Gordon
- Aileen Gunther
- James Hayes
- Sam Hoyt
- Janele Hyer-Spencer
- Ellen C. Jaffee
- Brian Kavanagh
- David Koon
- Rory Lancman
- George Latimer
- Charles Lavine
- Joseph Lentol
- Peter Lopez
- Donna Lupardo
- William Magee
- Alan Maisel
- Margaret Markey
- David McDonough
- John McEneny
- Grace Meng
- Michael G. Miller
- Joan Millman
- Marcus Molinaro
- Dean Murray
- Daniel O'Donnell
- Thomas F. O'Mara
- Audrey Pheffer
- Linda Rosenthal
- Addie Jenne
- Michelle Schimel
- Frank Skartados
- Mike Spano
- Albert A. Stirpe
- Robert Sweeney
- Fred Thiele
- Matthew Titone
- Michele Titus
- David Townsend
- Helene Weinstein
- Harvey Weisenberg
History
- Advanced to third reading cal.730
- Reported
- Referred to ways and means
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Requires the commissioner of taxation and finance to provide for the payment of refunds within 30 days of the receipt of a tax return
In Senate Committee · Finance · Sponsor George Winner
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A10087
Title of bill
An act to amend the tax law, in relation to the payment of interest on overpayments
Purpose
To require that Department of Taxation and Finance to provide for the payment of refunds within 3 days of the receipt of a tax return.
Summary of provisions
Section one adds a new subdivision twenty-ninth requiring the Department of Taxation and Finance to pay every taxpayer's refund within forty-five days upon receipt by the Department. If the Department is unable to pay a tax refund because of a discrepancy in the taxpayer's return, the Department shall provide written notice to the taxpayer of the discrepancy and when it can be expected to be resolved. Upon the failure to provide a refund or written notice, the department shall pay the taxpayer interest on the refund owed at a rate of six percent per annum.
Justification
As the April 15 deadline approaches for tax returns with the State of New York, taxpayers who overpaid their state taxes should receive their refund in a timely fashion. Recently, there have been instances that the State has been withholding refunds which rightfully belong to taxpayers. Although many New Yorkers have in fact received their tax refunds in a timely fashion by the Department, all New yorkers who are owed a refund are entitled to it in a reasonable time frame. This legislation would require the State to act immediately to put this hard earned money back in the pockets of hard working New York taxpayers.
Legislative history
A6954 of 2005.
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.