Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 07, 2018 |
signed chap.369 |
Nov 26, 2018 |
delivered to governor |
Jun 19, 2018 |
returned to assembly passed senate 3rd reading cal.1887 substituted for s8831 |
Jun 19, 2018 |
substituted by a11051 |
Jun 18, 2018 |
ordered to third reading cal.1887 committee discharged and committed to rules |
May 23, 2018 |
referred to investigations and government operations |
Senate Bill S8831
Signed By Governor2017-2018 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status Via A11051 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(D) Senate District
(D) 22nd Senate District
(D, WF) 12th Senate District
(R, C, IP) Senate District
2017-S8831 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A11051
- Law Section:
- Tax Law
- Laws Affected:
- Amd §292, Tax L
2017-S8831 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8831 SPONSOR: RANZENHOFER TITLE OF BILL: An act to amend the tax law, in relation to unrelated business taxable income of a taxpayer PURPOSE: To correct an unintended new tax for unrelated business taxable income which was inadvertently created by recent changes made in the Federal Internal Revenue Code. SUMMARY OF PROVISIONS: Section 1 amends paragraph 4 of subdivision (a) of section 292 of the Tax Law to subtract from the federal unrelated business taxable income any amount which is included therein solely by reason of internal Reven- ue Code section 512(a)(7).
2017-S8831 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8831 I N S E N A T E May 23, 2018 ___________ Introduced by Sen. RANZENHOFER -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations AN ACT to amend the tax law, in relation to unrelated business taxable income of a taxpayer THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 4 of subdivision (a) of section 292 of the tax law, as added by chapter 547 of the laws of 1987, is amended to read as follows: (4) There shall be subtracted from federal unrelated business taxable income any amount which is included therein solely by reason of the application of section 501(m)(2)(A) OR 512(A)(7) of the internal revenue code. § 2. This act shall take effect immediately and shall apply to taxable years beginning on and after January 1, 2018. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD16036-01-8
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