 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          2359
 
                               2017-2018 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 18, 2017
                                       ___________
 
        Introduced by M. of A. HEVESI -- read once and referred to the Committee
          on Ways and Means
 
        AN  ACT  to  amend  the  tax law, in relation to designated accounts for
          personal income tax refunds
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision (c) of section 3013 of the tax law, as added by
     2  chapter 479 of the laws of 2011, is amended to read as follows:
     3    (c)  (1)  In  the  event  that  the commissioner elects to implement a
     4  program providing for payment of personal income tax refunds by  prepaid
     5  debit card or direct deposit to [a] designated [account] accounts of the
     6  taxpayer,  the  department  shall  amend the forms used to file personal
     7  income tax returns to reflect, in the area designated for  selection  of
     8  options  for  processing of refunds, that the taxpayer has the option of
     9  receiving his or her tax refund by personal check and  shall  provide  a
    10  box which the taxpayer may check to select that option.
    11    (2)  Designated  accounts  include but are not limited to, up to three
    12  accounts with financial  institutions  that  have  routing  and  account
    13  numbers  and  are  held  in  the names of the taxpayer's spouse or joint
    14  account. Designated accounts held  in  one  spouse's  name  may  receive
    15  personal income tax refunds from a married filing joint return.
    16    §  2.  This act shall take effect immediately, provided, however, that
    17  the amendments to subdivision (c) of section 3013 of the tax law made by
    18  section one of this act shall not affect the repeal of such section  and
    19  shall be deemed repealed therewith.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02013-01-7
Relates to designated accounts for personal income tax refunds

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