S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        2811--B
                                   I N  S E N A T E
                                   February 1, 2011
                                      ___________
       A  BUDGET  BILL,  submitted by the Governor pursuant to article seven of
         the Constitution -- read twice and ordered printed, and  when  printed
         to  be  committed to the Committee on Finance -- committee discharged,
         bill amended, ordered reprinted as amended  and  recommitted  to  said
         committee  -- committee discharged, bill amended, ordered reprinted as
         amended and recommitted to said committee
       AN ACT to amend the abandoned property law, in relation to the  dormancy
         period of miscellaneous unclaimed property, payment of abandoned prop-
         erty,  publication  of  notices  of  abandoned  property,  and written
         reports pertaining to payment of abandoned property; to amend the  tax
         law,  in  relation  to reports by the commissioner regarding abandoned
         property; and to repeal certain provisions of the  abandoned  property
         law  and  the  tax  law  relating thereto (Part A); to amend part N of
         chapter 61 of the laws of  2005  amending  the  tax  law  relating  to
         certain  transactions  and  related  information  and  relating to the
         voluntary compliance initiative, in relation to the  effectiveness  of
         certain  provisions (Part B); Intentionally omitted (Part C); to amend
         the tax law, in relation to directing the crediting of lottery  prizes
         of  more than six hundred dollars against liability for any tax admin-
         istered by the commissioner of taxation and finance (Part D); to amend
         chapter 56 of the laws of 1998, amending the tax law  and  other  laws
         relating  to  extending the dates of application of the investment tax
         credit under articles 9-A, 22 and 32 of the tax law and to amend chap-
         ter 63 of the laws of 2000, amending the tax law and other laws relat-
         ing to extending the dates of application of the investment tax credit
         under article 33 of the tax law, in relation to the  effectiveness  of
         certain  provisions  (Part  E);  to  amend  the public housing law, in
         relation to providing a credit against income tax for persons or enti-
         ties investing in low-income housing (Part F);  Intentionally  omitted
         (Part  G);  Intentionally omitted (Part H); to amend the insurance law
         and the tax law, in relation to excess line  insurance  (Part  I);  to
         amend  chapter  298 of the laws of 1985, amending the tax law relating
         to the franchise tax on banking corporations imposed by the  tax  law,
         authorized  to  be  imposed  by  any  city  having a population of one
         million or more by chapter 772 of the laws of 1966 and imposed by  the
         administrative  code  of  the  city  of New York and relating to other
         provisions of the tax law, chapter 883 of the laws  of  1975  and  the
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD12574-04-1
S. 2811--B 2 administrative code of the city of New York which relates to such franchise tax, to amend chapter 817 of the laws of 1987, amending the tax law and the environmental conservation law, constituting the busi- ness tax reform and rate reduction act of 1987, and to amend chapter 525 of the laws of 1988, amending the tax law and the administrative code of the city of New York relating to the imposition of taxes in the city of New York, in relation to the effectiveness of certain provisions of such chapters; and to amend the tax law and the adminis- trative code of the city of New York, in relation to making transi- tional provisions relating to the federal Gramm-Leach-Bliley act permanent (Part J); to amend the tax law and the criminal procedure law, in relation to updating the tax classification of diesel motor fuel to be consistent with federal laws and make the diesel tax struc- ture consistent with this new tax treatment; and to repeal certain provisions of the tax law and the administrative code of the city of New York relating thereto (Part K); to amend the tax law, in relation to making a technical correction to the E85 definition; and to amend chapter 109 of the laws of 2006, amending the tax law relating to providing exemptions, reimbursements and credits from various taxes for certain alternative fuels, in relation to extending the alterna- tive fuels tax exemptions for one year (Part L); to amend section 11 of part EE of chapter 63 of the laws of 2000, amending the tax law and other laws relating to modifying the distribution of funds from the motor vehicle fuel excise tax, in relation to the distribution of motor vehicle fees (Part M); to amend the tax law, in relation to restrictions on certain keno style lottery games (Part N); to amend the tax law, in relation to video lottery free play allowance program (Part O); to amend the tax law, in relation to prize payout of certain instant lottery games (Part P); to amend the tax law, in relation to prize payout in certain multi-jurisdictional lottery games (Part Q); to amend the tax law, in relation to multi-jurisdictional video lottery gaming (Part R); to amend the racing, pari-mutuel wagering and breeding law, in relation to licenses for simulcast facilities, sums relating to track simulcast, simulcast of out-of-state thoroughbred races, simulcasting of races run by out-of-state harness tracks and distributions of wagers; to amend chapter 281 of the laws of 1994 amending the racing, pari-mutuel wagering and breeding law and other laws relating to simulcasting and chapter 346 of the laws of 1990 amending the racing, pari-mutuel wagering and breeding law and other laws relating to simulcasting and the imposition of certain taxes, in relation to extending certain provisions thereof; and to amend the racing, pari-mutuel wagering and breeding law, in relation to extend- ing certain provisions thereof (Part S); to repeal paragraph (h) of subdivision 12-G of section 210 of the tax law relating to the appli- cability of the qualified emerging technology company facilities, operations and training credit (Part T); to amend the tax law and the state finance law, in relation to application fees owed by retail dealers of businesses that sell tobacco products and owners of ciga- rette vending machines (Part U); to amend the tax law, in relation to sales tax for transportation service (Part V); to amend the tax law, in relation to the tax on certain tobacco products; and to amend the public health law, in relation to regulation of tobacco products (Part W); to amend the tax law, in relation to temporary deferral payout credits (Part X); to amend part A of chapter 57 of the laws of 2010 amending the tax law relating to the statutory limitation on the biofuel production credit and the qualified emerging technology compa-
S. 2811--B 3 ny facilities, operations and training credits, in relation to the effectiveness thereof (Part Y); to amend the tax law, in relation to an investment tax credit (Part Z); to amend the public service law, in relation to a temporary annual assessment and to amend part NN of chapter 59 of the laws of 2009 amending the public service law relat- ing to financing operations of the department of public service, in relation to the effectiveness thereof (Part AA); to amend the tax law, in relation to the metropolitan commuter transportation mobility tax (Part BB); to amend the tax law, in relation to removing the credit for rehabilitation of historic properties from the temporary deferral of certain tax credits (Part CC); to amend chapter 912 of the laws of 1920 relating to the regulation of boxing, sparring and wrestling, in relation to establishing protocols for combative sports and authoriz- ing mixed martial arts events in this state; to amend the tax law, in relation to the imposition of a tax on the gross receipts of any person holding any professional or amateur boxing, sparring or wrestl- ing match or exhibition, or professional combative sports match or exhibition; and providing for the repeal of such provisions upon expi- ration thereof (Part DD); to amend the insurance law and the tax law, in relation to establishing the surplus lines insurance multi-state compliance compact with respect to surplus lines insurance and premium tax allocation (Part EE); to amend the tax law, in relation to estab- lishing a community transformation program credit (Part FF); and to amend the racing, pari-mutuel wagering and breeding law and the state finance law, in relation to the New York city off-track betting corpo- ration and establishing the New York city off-track betting corpo- ration fund; to amend the racing, pari-mutuel wagering and breeding law, in relation to use and expenditure of funds of the capital acqui- sition fund; to repeal certain provisions of the racing, pari-mutuel wagering and breeding law relating thereto; and providing for the repeal of certain provisions upon the expiration thereof (Part GG) THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. This act enacts into law major components of legislation 2 which are necessary to implement the state fiscal plan for the 2011-2012 3 state fiscal year. Each component is wholly contained within a Part 4 identified as Parts A through GG. The effective date for each particular 5 provision contained within such Part is set forth in the last section of 6 such Part. Any provision in any section contained within a Part, includ- 7 ing the effective date of the Part, which makes a reference to a section 8 "of this act", when used in connection with that particular component, 9 shall be deemed to mean and refer to the corresponding section of the 10 Part in which it is found. Section three of this act sets forth the 11 general effective date of this act. 12 PART A 13 Section 1. Paragraphs (a), (b) and (k) of subdivision 1 of section 300 14 of the abandoned property law, paragraph (a) as amended and paragraph 15 (k) as relettered by chapter 15 of the laws of 1983, subparagraph (iv) 16 of paragraph (a) as amended and subparagraph (v) of paragraph (a) as 17 added by chapter 409 of the laws of 1994, paragraphs (b) and (k) as
S. 2811--B 4 1 amended by chapter 78 of the laws of 1976, are amended to read as 2 follows: 3 (a) Any amounts due on deposits or any amounts to which a shareholder 4 of a savings and loan association or a credit union is entitled, held or 5 owing by a banking organization, which shall have remained unclaimed for 6 [five] THREE years by the person or persons appearing to be entitled 7 thereto, including any interest or dividends credited thereon, excepting 8 (i) any such amount which has been reduced or increased, exclusive of 9 dividend or interest payment, within [five] THREE years, or 10 (ii) any such amount which is represented by a passbook not in the 11 possession of the banking organization, which has been presented for 12 entry of dividend or interest credit within [five] THREE years, or 13 (iii) any such amount with respect to which the banking organization 14 has on file written evidence received within [five] THREE years that the 15 person or persons appearing to be entitled to such amounts had knowledge 16 thereof, or 17 (iv) any such amount payable only at or by a branch office located in 18 a foreign country, or payable in currency other than United States 19 currency, or 20 (v) any such amount that is separately identifiable and has been set 21 aside to meet the burial and related expenses of an individual, provided 22 however that said amount shall be deemed abandoned property where it 23 remains unclaimed for [five] THREE years subsequent to the death of the 24 individual for whom the amount was deposited. 25 (b) Any amounts, together with all accumulations of interest or other 26 increment thereon, held or owing by a banking organization for the 27 payment of an interest in a bond and mortgage apportioned or transferred 28 by it pursuant to subdivision seven of former section one hundred eight- 29 y-eight of the banking law as it existed prior to July first, nineteen 30 hundred thirty-seven, which shall have remained unclaimed by the person 31 or persons appearing to be entitled thereto for [five] THREE years after 32 the full and final liquidation of such mortgage, excepting 33 (i) any such amount which has been reduced by payment to the person or 34 persons appearing to be entitled thereto within [five] THREE years, or 35 (ii) any such amount which is represented by a certificate of share 36 ownership not in the possession of the banking organization, which 37 certificate has been presented for transfer within [five] THREE years, 38 or 39 (iii) any such amount with respect to which the banking organization 40 has on file written evidence received within [five] THREE years that the 41 person or persons appearing to be entitled to such amount had knowledge 42 thereof. 43 (k) Lost property or instruments as defined in section two hundred 44 fifty-one of the personal property law which shall have been held by a 45 safe deposit company or bank for [five] THREE years pursuant to the 46 provisions of section two hundred fifty-six of the personal property 47 law. 48 S 2. Paragraphs (a) and (c) of subdivision 1 of section 600 of the 49 abandoned property law, paragraph (a) as amended by chapter 655 of the 50 laws of 1978 and paragraph (c) as amended by chapter 281 of the laws of 51 1980, are amended to read as follows: 52 (a) Any moneys including the monetary proceeds from the sale of tangi- 53 ble personal property and securities or other intangible property paid 54 into court, which, except as provided in section ten hundred OF THIS 55 CHAPTER, shall have remained in the hands of any county treasurer, or 56 the commissioner of finance of the city of New York, for [five] THREE
S. 2811--B 5 1 years, together with all accumulations of interest or other increment 2 thereon, less such legal fees as he may be entitled to. 3 (c) Any moneys paid to a support bureau of a family court, for the 4 support of a spouse or child, which shall have remained in the custody 5 of a county treasurer, or the commissioner of finance of the city of New 6 York, for [five] THREE years, together with any interest due thereon, 7 less such legal fees as he may be entitled to. For purposes of this 8 section, "family court" includes the domestic relations court of the 9 city of New York prior to the first day of September, nineteen hundred 10 sixty-two. 11 S 3. Subdivision 1 of section 1000 of the abandoned property law, as 12 amended by chapter 670 of the laws of 1989, is amended to read as 13 follows: 14 1. (a) Any moneys held or owing for the payment of an award made by a 15 court in any condemnation proceeding and payable by a public corporation 16 or other corporation possessing powers of condemnation, which shall have 17 remained unclaimed by the person or persons appearing to be entitled 18 thereto for [five] THREE years after confirmation by the court, together 19 with any interest due thereon, less, when an award is payable by a 20 public corporation, any amount due such public corporation at the time 21 of title vesting for tax, water or any other liens on the same parcel 22 the award was for, with any interest due thereon, and any amount due 23 such public corporation at the time of title vesting or at the time of 24 confirmation, whichever is later, for an assessment on the same parcel 25 the award was for, with any interest due thereon, shall be deemed aban- 26 doned property. In any condemnation proceedings in which the court shall 27 have not made an award, any moneys paid into court, including interest 28 thereon, shall be subject to the provisions of article six of this chap- 29 ter and this section shall have no application thereto. 30 (b) The issuance of a warrant for such an award shall not prevent an 31 award from being deemed abandoned property if such warrant is unclaimed 32 [five] THREE years after confirmation of such award by the court. 33 S 4. Subdivision 1 of section 1300 of the abandoned property law is 34 amended to read as follows: 35 1. Any unclaimed moneys arising from the sale of any personal property 36 which shall have been pledged or mortgaged as security for the loan of 37 money with a corporation, except a banking organization or a licensed 38 lender, heretofore or hereafter organized by or pursuant to a special 39 statute for the purpose of, and principally engaged in, giving aid to 40 individuals by loans of money at interest upon the pledge or mortgage of 41 personal property, and which has subjected itself to special provisions 42 of the banking law, after deducting the amount of the loan, the interest 43 then due on the same and any other lawful charges, which shall have 44 remained in its possession for [six] THREE years from the date of such 45 sale, shall be deemed abandoned property. 46 S 5. Subdivision 2 of section 1315 of the abandoned property law, as 47 amended by section 2 of part II of chapter 57 of the laws of 2010, is 48 amended to read as follows: 49 2. Except as otherwise provided by law, any amount representing 50 unclaimed money or securities and held in escrow or otherwise by any 51 corporation (other than a public corporation), joint stock company, 52 individual, association of two or more individuals, committee or busi- 53 ness trust, to ensure the performance of any duty or obligation, shall 54 be deemed abandoned property when: 55 a. such amount is held or owing in this state, and
S. 2811--B 6 1 b. such amount has remained unclaimed by the person or persons enti- 2 tled thereto for [five] THREE years, except 3 c. where the duty or obligation for which such amount was deposited 4 has not been performed and such performance is still required, such 5 amounts shall not be deemed abandoned property. 6 S 6. Paragraph (a) of subdivision 1 of section 1002 of the abandoned 7 property law is amended to read as follows: 8 (a) That a report of all awards in condemnation proceedings unclaimed 9 for more than [five] THREE years has been made to the state comptroller 10 and that a copy thereof is on file and open to public inspection, if a 11 public corporation at the office of the chief fiscal officer thereof; or 12 if not a public corporation at the principal office or place of business 13 of such corporation; 14 S 7. Sections 301, 401, 701 and 1001 of the abandoned property law are 15 REPEALED. 16 S 8. Subdivision 1 of section 302 of the abandoned property law is 17 amended to read as follows: 18 1. [Within thirty days after making a report of abandoned property 19 pursuant to the provisions of section three hundred one, such banking] 20 EVERY BANKING organization shall cause to be published, ON OR BEFORE THE 21 FIRST DAY OF SEPTEMBER IN EACH YEAR, a notice entitled: "NOTICE OF NAMES 22 OF PERSONS APPEARING AS OWNERS OF CERTAIN UNCLAIMED PROPERTY HELD BY 23 (name of banking organization)." 24 S 9. The opening paragraph of subdivision 3 of section 302 of the 25 abandoned property law, as amended by chapter 315 of the laws of 1954, 26 is amended to read as follows: 27 Such notice shall[, in accordance with the classification prescribed 28 by the state comptroller for the report pursuant to the provisions of 29 section three hundred one,] set forth: 30 S 10. Section 303 of the abandoned property law is amended to read as 31 follows: 32 S 303. Payment of abandoned property. 1. In such succeeding month of 33 November, and on or before the tenth day thereof, every banking organ- 34 ization shall pay or deliver to the state comptroller all [abandoned] 35 property [specified in such report, excepting such abandoned property as 36 since the date of such report shall have ceased to be abandoned] WHICH, 37 AS OF THE THIRTIETH DAY OF JUNE NEXT PRECEDING, WAS DEEMED ABANDONED 38 PURSUANT TO SECTION THREE HUNDRED OF THIS ARTICLE, HELD OR OWING BY SUCH 39 BANKING ORGANIZATION. 40 2. Such payment shall be accompanied by a [statement] TRUE AND ACCU- 41 RATE REPORT setting forth such information as the state comptroller may 42 require relative to such abandoned property [as shall have ceased to be 43 abandoned]. SUCH REPORT SHALL INCLUDE: 44 (A) WITH RESPECT TO AMOUNTS SPECIFIED IN PARAGRAPH (A) OF SUBDIVISION 45 ONE OF SECTION THREE HUNDRED WHICH ARE ABANDONED PROPERTY: 46 (I) THE NAME AND LAST KNOWN ADDRESS OF THE PERSON OR PERSONS APPEARING 47 FROM THE RECORDS OF SUCH BANKING ORGANIZATION TO BE THE OWNER OF ANY 48 SUCH ABANDONED PROPERTY; 49 (II) THE AMOUNT APPEARING FROM SUCH RECORDS TO BE DUE SUCH PERSON OR 50 PERSONS; 51 (III) THE DATE OF THE LAST TRANSACTION WITH RESPECT TO SUCH ABANDONED 52 PROPERTY; 53 (IV) THE NATURE AND IDENTIFYING NUMBER, IF ANY, OF SUCH ABANDONED 54 PROPERTY; AND 55 (V) SUCH OTHER IDENTIFYING INFORMATION AS THE STATE COMPTROLLER MAY 56 REQUIRE.
S. 2811--B 7 1 (B) WITH RESPECT TO AMOUNTS SPECIFIED IN PARAGRAPH (B) OF SUBDIVISION 2 ONE OF SECTION THREE HUNDRED OF THIS ARTICLE WHICH ARE ABANDONED PROPER- 3 TY: 4 (I) THE NAME AND LAST KNOWN ADDRESS, IF ANY, OF THE PERSON OR PERSONS 5 APPEARING FROM THE RECORDS OF SUCH BANKING ORGANIZATION TO BE ENTITLED 6 TO RECEIVE SUCH ABANDONED PROPERTY; 7 (II) THE AMOUNT APPEARING FROM SUCH RECORDS TO BE DUE SUCH PERSON OR 8 PERSONS; 9 (III) THE AMOUNT OF ANY INTEREST OR OTHER INCREMENT DUE THEREON; 10 (IV) THE DATE OF THE LAST TRANSACTION WITH RESPECT TO SUCH ABANDONED 11 PROPERTY; AND 12 (V) SUCH OTHER IDENTIFYING INFORMATION AS THE STATE COMPTROLLER MAY 13 REQUIRE. 14 (C) WITH RESPECT TO AMOUNTS SPECIFIED IN PARAGRAPH (C) OF SUBDIVISION 15 ONE OF SECTION THREE HUNDRED OF THIS ARTICLE WHICH ARE ABANDONED PROPER- 16 TY: 17 (I) THE NAME AND LAST KNOWN ADDRESS, IF ANY, OF THE PERSON OR PERSONS 18 APPEARING FROM THE RECORDS OF SUCH BANKING ORGANIZATION TO BE ENTITLED 19 TO RECEIVE SUCH ABANDONED PROPERTY; 20 (II) A DESCRIPTION OF SUCH ABANDONED PROPERTY INCLUDING IDENTIFYING 21 NUMBERS, IF ANY, AND THE AMOUNT APPEARING FROM SUCH RECORDS TO BE DUE OR 22 PAYABLE; 23 (III) THE AMOUNT OF ANY INTEREST OR OTHER INCREMENT DUE THEREON; 24 (IV) THE DATE SUCH ABANDONED PROPERTY WAS PAYABLE OR DEMANDABLE; 25 (V) THE AMOUNT AND IDENTIFYING NUMBER OF ANY SUCH INSTRUMENT WHERE THE 26 PAYEE THEREOF IS UNKNOWN TO THE BANKING ORGANIZATION; AND 27 (VI) SUCH OTHER IDENTIFYING INFORMATION AS THE STATE COMPTROLLER MAY 28 REQUIRE. 29 (D) WITH RESPECT TO AMOUNTS SPECIFIED IN PARAGRAPH (D) OF SUBDIVISION 30 ONE OF SECTION THREE HUNDRED OF THIS ARTICLE WHICH ARE ABANDONED PROPER- 31 TY: 32 (I) THE NAME AND LAST KNOWN ADDRESS, IF ANY, OF THE PERSON OR PERSONS 33 APPEARING FROM THE RECORDS OF SUCH BANKING ORGANIZATION TO BE THE OWNER 34 OF ANY SUCH ABANDONED PROPERTY; AND 35 (II) SUCH OTHER INFORMATION AS THE STATE COMPTROLLER MAY REASONABLY 36 REQUIRE. 37 3. SUCH REPORT SHALL BE IN SUCH FORM AS THE STATE COMPTROLLER MAY 38 PRESCRIBE. ALL NAMES OF PERSONS APPEARING IN THE SECTION OF SUCH REPORT 39 RELATING TO DEPOSITS, APPEARING TO BE THE OWNERS THEREOF, SHALL BE LIST- 40 ED IN ALPHABETICAL ORDER. ABANDONED PROPERTY OTHER THAN DEPOSITS LISTED 41 IN SUCH REPORT SHALL BE CLASSIFIED IN SUCH MANNER AS THE STATE COMP- 42 TROLLER MAY PRESCRIBE, AND NAMES OF PERSONS APPEARING TO BE ENTITLED TO 43 SUCH ABANDONED PROPERTY APPEARING IN SUCH REPORT SHALL BE LISTED ALPHA- 44 BETICALLY WITHIN EACH SUCH CLASSIFICATION. 45 4. NO BANKING ORGANIZATION IN THIS STATE, ORGANIZED UNDER OR SUBJECT 46 TO THE PROVISIONS OF SECTION SIX HUNDRED ELEVEN OF TITLE TWELVE OF THE 47 UNITED STATES CODE, SHALL BE REQUIRED TO FILE REPORTS OF ABANDONED PROP- 48 ERTY RELATING TO ANY AMOUNTS RECEIVED ON OR BEFORE THE THIRTIETH DAY OF 49 JUNE, NINETEEN HUNDRED SEVENTY-SEVEN, UNLESS, AS OF THE EFFECTIVE DATE 50 OF THIS SUBDIVISION, SUCH AMOUNTS REMAIN RECORDED AND SHOWN IN THE BOOKS 51 AND RECORDS OF SUCH BANKING ORGANIZATION AS AN OUTSTANDING OBLIGATION 52 THEREOF. 53 S 11. Subdivision 1 of section 402 of the abandoned property law is 54 amended to read as follows: 55 1. [Within thirty days after making a report of abandoned property 56 pursuant to the provisions of section four hundred one,] EVERY such
S. 2811--B 8 1 corporation shall cause to be published, ON OR BEFORE THE FIRST DAY OF 2 SEPTEMBER IN EACH YEAR, a notice entitled: "NOTICE OF CERTAIN UNCLAIMED 3 PROPERTY HELD BY (name of corporation)." 4 S 12. Section 403 of the abandoned property law is amended to read as 5 follows: 6 S 403. Payment of abandoned property. 1. In such succeeding month of 7 October, and on or before the tenth day thereof, every such corporation 8 shall pay to the state comptroller all [abandoned] property [specified 9 in the last preceding report made to the state comptroller pursuant to 10 section four hundred one, excepting such abandoned property as since the 11 date of such report shall have ceased to be abandoned] WHICH, AS OF THE 12 FIRST DAY OF JULY NEXT PRECEDING, WAS DEEMED ABANDONED PURSUANT TO 13 SECTION FOUR HUNDRED OF THIS ARTICLE, HELD OR OWING BY SUCH CORPORATION. 14 2. Such payment shall be accompanied by a [statement] TRUE AND ACCU- 15 RATE REPORT setting forth such information as the state comptroller may 16 require relating to such abandoned property [as shall have ceased to be 17 abandoned] INCLUDING: 18 (A) AS TO ABANDONED PROPERTY SPECIFIED IN PARAGRAPHS (A) AND (B) OF 19 SUBDIVISION ONE OF SECTION FOUR HUNDRED OF THIS ARTICLE: 20 (I) THE NAME AND LAST KNOWN ADDRESS OF EACH DEPOSITOR OR SUBSCRIBER 21 APPEARING FROM THE RECORDS OF SUCH CORPORATION TO BE ENTITLED TO RECEIVE 22 ANY SUCH ABANDONED PROPERTY; 23 (II) THE DATE WHEN THE DEPOSIT WAS MADE OR AMOUNT PAID; 24 (III) THE AMOUNT OF SUCH DEPOSIT OR PAYMENT; 25 (IV) THE DATE WHEN UTILITY SERVICES FURNISHED TO SUCH CONSUMER OR 26 SUBSCRIBER CEASED; 27 (V) ANY SUMS DUE AND UNPAID TO THE CORPORATION BY SUCH CONSUMER OR 28 SUBSCRIBER, WITH INTEREST THEREON FROM THE DATE OF TERMINATION OF 29 SERVICE; 30 (VI) THE AMOUNT OF INTEREST DUE UPON SUCH DEPOSIT OR PAYMENT ON ANY 31 BALANCE THEREOF THAT HAS REMAINED WITH SUCH CORPORATION AND NOT BEEN 32 CREDITED TO SUCH CONSUMER'S OR SUBSCRIBER'S ACCOUNT; 33 (VII) THE AMOUNT OF SUCH ABANDONED PROPERTY; AND 34 (VIII) SUCH OTHER IDENTIFYING INFORMATION AS THE STATE COMPTROLLER MAY 35 REQUIRE. 36 (B) AS TO ABANDONED PROPERTY SPECIFIED IN PARAGRAPH (C) OF SUBDIVISION 37 ONE OF SECTION FOUR HUNDRED OF THIS ARTICLE: 38 (I) THE NAME AND LAST KNOWN ADDRESS OF EACH PERSON APPEARING FROM THE 39 RECORDS OF SUCH CORPORATION TO BE ENTITLED TO RECEIVE THE SAME; 40 (II) THE AMOUNT APPEARING FROM SUCH RECORDS TO BE DUE EACH SUCH 41 PERSON; 42 (III) THE DATE PAYMENT BECAME DUE; AND 43 (IV) SUCH OTHER IDENTIFYING INFORMATION AS THE STATE COMPTROLLER MAY 44 REQUIRE. 45 3. SUCH REPORT SHALL BE IN SUCH FORM AND THE ABANDONED PROPERTY LISTED 46 SHALL BE CLASSIFIED IN SUCH MANNER AS THE STATE COMPTROLLER MAY 47 PRESCRIBE. NAMES OF PERSONS ENTITLED TO SUCH ABANDONED PROPERTY APPEAR- 48 ING IN SUCH REPORT SHALL BE LISTED IN ALPHABETICAL ORDER WITHIN EACH 49 SUCH CLASSIFICATION. 50 S 13. Paragraph (b) of subdivision 1 of section 700 of the abandoned 51 property law, as amended by chapter 78 of the laws of 1976, is amended 52 to read as follows: 53 (b) Any moneys held or owing by any life insurance corporation which 54 are payable under other kinds of life insurance policies to any person 55 whose last-known address, according to the records of the corporation, 56 is within this state, where the insured, if living, would[, prior to the
S. 2811--B 9 1 thirty-first day of December next preceding the report required by 2 section seven hundred one,] have attained the limiting age under the 3 mortality table on which the reserves are based, exclusive of 4 (i) any policy which has within three years been assigned, readjusted, 5 kept in force by payment of premium, reinstated or subjected to loan, or 6 (ii) any policy with respect to which such corporation has on file 7 written evidence received within three years that the person or persons 8 apparently entitled to claim thereunder have knowledge thereof. 9 S 14. Subdivision 1 of section 702 of the abandoned property law, as 10 amended by chapter 497 of the laws of 1944, is amended to read as 11 follows: 12 1. [Within thirty days after making a report of abandoned property 13 pursuant to the provisions of section seven hundred one,] EVERY such 14 life insurance corporation shall cause to be published, ON OR BEFORE THE 15 FIRST DAY OF MAY IN EACH YEAR, a notice entitled: "NOTICE OF NAMES OF 16 PERSONS APPEARING AS OWNERS OF CERTAIN UNCLAIMED PROPERTY HELD BY (name 17 of life insurance corporation)." 18 S 15. The opening paragraph of subdivision 3 of section 702 of the 19 abandoned property law, as amended by chapter 315 of the laws of 1954, 20 is amended to read as follows: 21 Such notice shall[, in accordance with the classification prescribed 22 by the state comptroller for the report pursuant to the provisions of 23 section seven hundred one,] set forth: 24 S 16. Section 703 of the abandoned property law, subdivision 1 as 25 amended by chapter 497 of the laws of 1944, is amended to read as 26 follows: 27 S 703. Payment of abandoned property. 1. In such succeeding month of 28 September, and on or before the succeeding tenth day thereof, every such 29 life insurance corporation shall pay to the state comptroller all [aban- 30 doned] property [specified in such report, excepting such abandoned 31 property as since the date of such report shall have ceased to be aban- 32 doned] WHICH, AS OF THE FIRST DAY OF JANUARY NEXT PRECEDING, WAS DEEMED 33 ABANDONED PURSUANT TO SECTION SEVEN HUNDRED OF THIS ARTICLE, HELD OR 34 OWING BY SUCH LIFE INSURANCE CORPORATION. 35 2. Such payment shall be accompanied by a [statement] TRUE AND ACCU- 36 RATE REPORT setting forth such information as the state comptroller may 37 require relative to such abandoned property [as shall have ceased to be 38 abandoned] INCLUDING: 39 (A) THE NAME AND LAST KNOWN ADDRESS OF ANY PERSON OR PERSONS APPEARING 40 FROM THE RECORDS OF SUCH LIFE INSURANCE CORPORATION TO BE ENTITLED TO 41 RECEIVE ANY SUCH ABANDONED PROPERTY; 42 (B) THE AMOUNT APPEARING FROM THE RECORDS OF SUCH CORPORATION TO BE 43 DUE; 44 (C) THE POLICY NUMBER AND POLICY AGE OF THE INSURED; 45 (D) THE DATE SUCH ABANDONED PROPERTY WAS PAYABLE; 46 (E) THE NAMES AND LAST KNOWN ADDRESSES OF EACH BENEFICIARY APPEARING 47 IN THE RECORDS OF THE INSURER; AND 48 (F) SUCH OTHER IDENTIFYING INFORMATION AS THE STATE COMPTROLLER MAY 49 REQUIRE. 50 3. SUCH REPORT SHALL BE IN SUCH FORM AND THE ABANDONED PROPERTY LISTED 51 SHALL BE CLASSIFIED IN SUCH MANNER AS THE STATE COMPTROLLER MAY 52 PRESCRIBE. NAMES OF PERSONS APPEARING TO BE ENTITLED TO SUCH PROPERTY OR 53 OF BENEFICIARIES APPEARING IN SUCH REPORT SHALL BE LISTED IN ALPHABET- 54 ICAL ORDER WITHIN EACH SUCH CLASSIFICATION. 55 S 17. Section 1003 of the abandoned property law is amended to read as 56 follows:
S. 2811--B 10 1 S 1003. Payment of abandoned property. 1. In such succeeding month of 2 February, and on or before the tenth day thereof, every such public and 3 other corporation shall pay to the state comptroller all [abandoned] 4 property [specified in such report, excepting such abandoned property as 5 since the date of such report shall have ceased to be abandoned] WHICH, 6 AS OF THE FIRST DAY OF JULY NEXT PRECEDING, WAS DEEMED ABANDONED PURSU- 7 ANT TO SECTION ONE THOUSAND OF THIS ARTICLE, HELD OR OWING BY SUCH 8 CORPORATION. 9 2. Such payment shall be accompanied by a [statement] TRUE AND ACCU- 10 RATE REPORT setting forth such information as the state comptroller may 11 require in relation to such abandoned property [as shall have ceased to 12 be abandoned] INCLUDING THE TITLE OF THE PROCEEDING, THE NAME AND LAST 13 KNOWN ADDRESS OF THE AWARDEE IF SUCH AWARD IS MADE TO A KNOWN OWNER, THE 14 DATE OF CONFIRMATION, THE DAMAGE PARCEL NUMBER, THE AMOUNT OF THE AWARD, 15 AND THE AMOUNT OF ANY INTEREST DUE THEREON AND, IF A DEDUCTION IS 16 CLAIMED FOR LIENS BY A PUBLIC CORPORATION, THE NATURE AND AMOUNT OF SUCH 17 LIENS AND ANY INTEREST CLAIMED THEREON. 18 S 18. The opening paragraph of subdivision 1 of section 1002 of the 19 abandoned property law is amended to read as follows: 20 [Within thirty days after making a report of abandoned property pursu- 21 ant to the provisions of section ten hundred one,] EVERY such corpo- 22 ration shall cause to be published, ON OR BEFORE THE FIRST DAY OF NOVEM- 23 BER IN EACH YEAR, once in a newspaper of general circulation in each 24 county where a damaged parcel included in such report is located a 25 notice, approved as to form by the state comptroller, stating: 26 S 19. Paragraph (b) of subdivision 6 of section 1406 of the abandoned 27 property law, as amended by chapter 643 of the laws of 1989, is amended 28 to read as follows: 29 (b) Notwithstanding any other provision of law, payment for any aban- 30 doned condemnation award heretofore or hereafter paid to the state comp- 31 troller pursuant to sections ten hundred and ten hundred three of this 32 chapter for the benefit of known persons may be made by the state comp- 33 troller on sworn application, where the name and last known address of 34 the person or persons entitled to payment and any other identifying 35 information as appearing on the records of the court into which payment 36 was made is included in the report required to be filed pursuant to 37 section ten hundred [one] THREE of this chapter and when the identity of 38 the claimant as the person entitled to payment is established to the 39 satisfaction of the state comptroller. When, in the determination of the 40 state comptroller, the identifying information included in the report is 41 insufficient to enable the state comptroller to make a determination of 42 entitlement, such claim must be established only on order of the court 43 as set forth in paragraph (a) of this subdivision. 44 S 20. Subdivision 3 of section 1311 of the abandoned property law is 45 REPEALED. 46 S 21. Subdivision 4 of section 1311 of the abandoned property law, as 47 added by chapter 778 of the laws of 1956, is renumbered subdivision 3 48 and amended to read as follows: 49 3. On or before the tenth day of October in each year, every such 50 corporation shall pay to the state comptroller all [abandoned] property 51 [specified in the last preceding report made to the state comptroller 52 pursuant to this section, excepting such abandoned property as since the 53 date of the report shall have ceased to be abandoned] WHICH, AS OF THE 54 FIRST DAY OF JULY NEXT PRECEDING, WAS DEEMED ABANDONED PURSUANT TO THIS 55 SECTION, HELD OR OWING BY SUCH CORPORATION. SUCH PAYMENT SHALL BE ACCOM-
S. 2811--B 11 1 PANIED BY A TRUE AND ACCURATE REPORT CONTAINING SUCH IDENTIFYING INFOR- 2 MATION AS THE STATE COMPTROLLER MAY REQUIRE. 3 S 22. Subdivision 2 of section 1316 of the abandoned property law is 4 REPEALED. 5 S 23. Subdivisions 3 and 4 of section 1316 of the abandoned property 6 law, as amended by chapter 166 of the laws of 1991, are renumbered 7 subdivisions 2 and 3 and amended to read as follows: 8 2. [Within thirty days following the filing of the report of abandoned 9 property with the comptroller pursuant to subdivision two of this 10 section, the] EVERY insurer shall cause to be published, ON OR BEFORE 11 THE FIRST DAY OF MAY IN EACH YEAR, a list of such abandoned property in 12 the same manner as that prescribed for life insurance companies by 13 section seven hundred two of this chapter. 14 3. Such [abandoned] property WHICH WAS DEEMED ABANDONED PURSUANT TO 15 SUBDIVISION ONE OF THIS SECTION shall be paid or delivered to the comp- 16 troller within the first ten days of September of each year. SUCH 17 PAYMENT SHALL BE ACCOMPANIED BY A TRUE AND ACCURATE REPORT THAT SHALL BE 18 IN SUCH FORM AND MANNER AS THE STATE COMPTROLLER MAY PRESCRIBE. 19 S 24. Section 1408 of the abandoned property law is REPEALED. 20 S 25. The opening paragraph of section 503 of the abandoned property 21 law, as amended by chapter 815 of the laws of 1963, is amended to read 22 as follows: 23 Each payment or delivery of abandoned property pursuant to section 24 five hundred two shall be accompanied by a [verified] written report, in 25 such form as the state comptroller shall prescribe, setting forth: 26 S 26. The opening paragraph of section 513 of the abandoned property 27 law, as amended by chapter 815 of the laws of 1963, is amended to read 28 as follows: 29 A payment or delivery pursuant to section five hundred twelve shall be 30 accompanied by a [verified] written report, in such form as the state 31 comptroller may prescribe, setting forth: 32 S 27. Subdivision 4 of section 513 of the abandoned property law is 33 REPEALED. 34 S 28. Subdivision 5 of section 513 of the abandoned property law, as 35 added by chapter 617 of the laws of 1973, is renumbered subdivision 4 36 and amended to read as follows: 37 4. In case any broker or dealer determines the property which shall be 38 deemed abandoned property pursuant to subdivisions one and three of 39 section five hundred eleven by the method provided in subdivision six of 40 that section, the payment of such abandoned property shall be accompa- 41 nied by a [verified] written report, in such form as the state comp- 42 troller may prescribe, which, among other things, shall set forth the 43 computation of the average factor of such broker or dealer pursuant to 44 subdivision six of section five hundred eleven. Each [verified] written 45 report accompanying the payment of abandoned property determined pursu- 46 ant to subdivision six of section five hundred eleven shall contain an 47 undertaking by the broker or dealer making such payment to honor all 48 claims to the extent herein provided whenever made against such broker 49 or dealer by any person determined by him or proved to be entitled to 50 receive from him a stock or cash dividend received in this state during 51 the calendar year covered by such report as the holder of record of a 52 security or an interest payment on a security received in this state 53 during such year. Such undertaking shall obligate the broker or dealer 54 to honor any such claim provided that the payment of abandoned property 55 relating to the year in question determined pursuant to subdivision six 56 of section five hundred eleven made by such broker or dealer to the
S. 2811--B 12 1 state comptroller has been exhausted as a result of reimbursements by 2 the state comptroller to the broker or dealer or to other persons claim- 3 ing such abandoned property as provided in subdivision two of section 4 five hundred fourteen. To the extent related to any stock dividend, any 5 such claim shall not exceed the fair market value of such stock dividend 6 on the thirty-first day of December of the year in which such stock 7 dividend was deemed abandoned property. 8 S 29. The opening paragraph of section 603 of the abandoned property 9 law is amended to read as follows: 10 Each such payment of abandoned property pursuant to section six 11 hundred two shall be accompanied by a [verified] written report, classi- 12 fied as the state comptroller shall prescribe, setting forth: 13 S 30. Subdivision 2 of section 1304 of the abandoned property law, as 14 added by chapter 698 of the laws of 1943, is amended to read as follows: 15 2. Any such abandoned property shall be paid or delivered forthwith to 16 the state comptroller. Such payment shall be accompanied by a [verified] 17 written report setting forth such identifying information as the state 18 comptroller may require. 19 S 31. Section 1305 of the abandoned property law, as amended by chap- 20 ter 149 of the laws of 1977, is amended to read as follows: 21 S 1305. Unclaimed surplus moneys after recovery of cost of public 22 assistance and care. 23 Any amount comprising a balance credited to an estate or person pursu- 24 ant to sections one hundred fifty-two-b or three hundred sixty of the 25 social services law which, on June thirtieth in any year, has for four 26 years from the date of such credit remained unclaimed by the estate or 27 person entitled thereto shall be deemed abandoned property. 28 On or before the tenth day of September in each year every public 29 welfare official shall pay such abandoned property to the state comp- 30 troller. Such payment shall be accompanied by a [verified] written 31 report in such form as the state comptroller may prescribe. 32 S 32. Subdivision 3 of section 1307 of the abandoned property law, as 33 added by chapter 700 of the laws of 1943, is amended to read as follows: 34 3. Any sheriff or county treasurer holding any such abandoned proper- 35 ty, shall pay the same to the state comptroller immediately after such 36 property shall have been deemed abandoned. Each such payment shall be 37 accompanied by a [verified] written report which shall set forth such 38 information as the state comptroller may require. 39 S 33. Subdivision 5 of section 1313 of the abandoned property law is 40 REPEALED. 41 S 34. Subdivision 2 of section 1314 of the abandoned property law, as 42 added by chapter 228 of the laws of 1977, is amended to read as follows: 43 2. Such transfer of moneys shall be accompanied by a [verified] writ- 44 ten report, in such form as the state comptroller may prescribe. 45 S 35. Section 1402 of the abandoned property law is REPEALED and a new 46 section 1402 is added to read as follows: 47 S 1402. PUBLICATION OF ABANDONED PROPERTY BY STATE COMPTROLLER. 1. (A) 48 THE COMPTROLLER SHALL MAINTAIN ON HIS OR HER WEBSITE IN A READILY 49 SEARCHABLE FORMAT OR IN ANY OTHER MEDIUM AT LEAST EQUALLY ACCESSIBLE TO 50 THE PUBLIC, A LIST OF SUCH ABANDONED PROPERTY AS HAS BEEN PAID OR DELIV- 51 ERED TO THE COMPTROLLER IN THE PREVIOUS TWELVE MONTHS THAT HAS A VALUE 52 EXCEEDING TWENTY DOLLARS. 53 (B) THE PROVISIONS OF THIS SUBDIVISION SHALL NOT APPLY TO ABANDONED 54 PROPERTY PAID PURSUANT TO SECTION ONE THOUSAND THREE HUNDRED OF THIS 55 CHAPTER OR SECTION FOUR HUNDRED TWENTY-FOUR OF THE VEHICLE AND TRAFFIC 56 LAW.
S. 2811--B 13 1 2. SUCH LIST SHALL BE IN SUCH FORM AND CLASSIFIED IN SUCH MANNER AS 2 THE STATE COMPTROLLER SHALL DETERMINE AND SHALL INCLUDE: 3 (A) THE NAMES AND LAST KNOWN ADDRESSES OF ALL PERSONS APPEARING FROM 4 THE RECORDS IN THE COMPTROLLER'S OFFICE, AS SET FORTH IN THE REPORT 5 FILED BY THE HOLDER, TO BE ENTITLED TO RECEIVE SUCH ABANDONED PROPERTY 6 EXCEEDING TWENTY DOLLARS IN VALUE; AND 7 (B) SUCH OTHER INFORMATION AS THE STATE COMPTROLLER MAY DETERMINE. 8 3. SUCH LISTING SHALL INCLUDE A STATEMENT THAT: (A) INFORMATION ABOUT 9 THE PROPERTY AND ITS RETURN TO THE OWNER MAY BE AVAILABLE TO A PERSON 10 HAVING A LEGAL OR BENEFICIAL INTEREST IN THE PROPERTY, UPON REQUEST TO 11 THE COMPTROLLER; AND 12 (B) A PUBLIC RECORD IS MAINTAINED IN THE OFFICE OF THE STATE COMP- 13 TROLLER OF ALL ABANDONED PROPERTY IN ACCORDANCE WITH SECTION FOURTEEN 14 HUNDRED ONE OF THIS ARTICLE; AND THAT A CLAIM FOR ANY SUCH ABANDONED 15 PROPERTY SHOULD BE FILED WITH THE STATE COMPTROLLER AT HIS OR HER OFFICE 16 IN THE CITY OF ALBANY. 17 4. NOTWITHSTANDING THE FOREGOING PROVISIONS OF THIS SECTION, THE STATE 18 COMPTROLLER MAY OMIT FROM SUCH LIST THE NAME AND LAST KNOWN ADDRESS OF 19 ANY PERSON WHERE SPECIAL CIRCUMSTANCES MAKE IT DESIRABLE THAT SUCH 20 INFORMATION BE WITHHELD. 21 S 36. Subdivision 12 of section 211 of the tax law is REPEALED and a 22 new subdivision 12 is added to read as follows: 23 12. (A) NOTWITHSTANDING THE PROVISIONS OF SUBDIVISION EIGHT OF THIS 24 SECTION, THE COMMISSIONER AND THE COMPTROLLER SHALL ENTER INTO AN AGREE- 25 MENT PURSUANT TO WHICH THE COMMISSIONER SHALL, UPON REQUEST, PROVIDE THE 26 COMPTROLLER WITH A REPORT, NOT MORE FREQUENTLY THAN ANNUALLY, WITH 27 RESPECT TO CORPORATIONS OR OTHER ENTITIES WHICH HAVE FILED A BUSINESS 28 CORPORATION FRANCHISE TAX REPORT UNDER THIS ARTICLE FOR ANY TAXABLE YEAR 29 WITHIN TEN CALENDAR YEARS PRIOR TO THE REPORT TO THE COMPTROLLER MADE 30 PURSUANT TO THIS SUBDIVISION, PROVIDING THE FOLLOWING INFORMATION, TO 31 THE EXTENT THAT SUCH INFORMATION IS READILY AVAILABLE FROM THE DEPART- 32 MENT'S SYSTEM FOR IDENTIFYING TAXPAYER INDICATIVE DATA: 33 (1) BUSINESS NAME AND LEGAL NAME, IF DIFFERENT; 34 (2) BUSINESS ADDRESS AND MAILING ADDRESS; 35 (3) FEDERAL EMPLOYER IDENTIFICATION NUMBER; 36 (4) DATE ENTERED INTO BUSINESS. 37 (B) EACH REPORT TO THE COMPTROLLER MADE PURSUANT TO THIS SUBDIVISION 38 SHALL LIST EACH CORPORATION OR OTHER ENTITY WITH RESPECT TO WHICH SUCH 39 REPORT IS MADE ACCORDING TO THE TOTAL ASSETS REPORTED FOR THE END OF THE 40 YEAR ON ITS MOST RECENT AVAILABLE BUSINESS CORPORATION FRANCHISE TAX 41 REPORT, IN DESCENDING ORDER. SUCH REPORTS TO THE COMPTROLLER SHALL NOT 42 DISCLOSE THE ACTUAL AMOUNT OF TOTAL ASSETS REPORTED ON SUCH BUSINESS 43 CORPORATION FRANCHISE TAX REPORTS. 44 (C) THE INFORMATION PROVIDED TO THE COMPTROLLER PURSUANT TO THIS 45 SUBDIVISION SHALL BE USED ONLY FOR ADMINISTRATION AND ENFORCEMENT OF THE 46 ABANDONED PROPERTY LAW. THE COMPTROLLER MAY REDISCLOSE THE INFORMATION 47 PROVIDED UNDER THIS SUBDIVISION ONLY TO THE EXTENT NECESSARY FOR 48 ENFORCEMENT OR ADMINISTRATION OF THE ABANDONED PROPERTY LAW. 49 (D) THE REPORTS TO THE COMPTROLLER REQUIRED UNDER THIS SUBDIVISION 50 SHALL BE SUBMITTED BY ELECTRONIC MEANS OR IN SOME OTHER FORMAT WHICH IS 51 MUTUALLY ACCEPTABLE TO THE COMPTROLLER AND THE COMMISSIONER. THE WRITTEN 52 AGREEMENT WITH THE COMPTROLLER SHALL SET FORTH THE PROCEDURES FOR 53 PROVIDING THE INFORMATION THE COMMISSIONER IS ALLOWED TO DISCLOSE PURSU- 54 ANT TO THIS SUBDIVISION. 55 (E) NOTWITHSTANDING ARTICLE SIX OF THE PUBLIC OFFICERS LAW OR ANY 56 OTHER PROVISION OF LAW, THE REPORTS TO BE FURNISHED TO THE COMPTROLLER
S. 2811--B 14 1 PURSUANT TO THIS SUBDIVISION SHALL NOT BE OPEN TO THE PUBLIC FOR 2 INSPECTION. 3 S 37. This act shall take effect immediately. 4 PART B 5 Section 1. Section 12 of part N of chapter 61 of the laws of 2005, 6 amending the tax law relating to certain transactions and related infor- 7 mation and relating to the voluntary compliance initiative, subdivision 8 (iii) as amended by section 16 of subpart J of part V-1 of chapter 57 of 9 the laws of 2009, is amended to read as follows: 10 S 12. This act shall take effect immediately; provided, however, that 11 (i) section one of this act shall apply to all disclosure statements 12 described in paragraph 1 of subdivision (a) of section 25 of the tax 13 law, as added by section one of this act, that were required to be filed 14 with the internal revenue service at any time with respect to "listed 15 transactions" as described in such paragraph 1, and shall apply to all 16 disclosure statements described in paragraph 1 of subdivision (a) of 17 section 25 of the tax law, as added by section one of this act, that 18 were required to be filed with the internal revenue service with respect 19 to "reportable transactions" as described in such paragraph 1, other 20 than "listed transactions", in which a taxpayer participated during any 21 taxable year for which the statute of limitations for assessment has not 22 expired as of the date this act shall take effect, and shall apply to 23 returns or statements described in such paragraph 1 required to be filed 24 by taxpayers (or persons as described in such paragraph) with the 25 commissioner of taxation and finance on or after the sixtieth day after 26 this act shall have become a law; 27 (ii) sections two through four and seven through nine of this act 28 shall apply to any tax liability for which the statute of limitations on 29 assessment has not expired as of the date this act shall take effect; 30 and 31 (iii) provided, further, that the provisions of this act, except 32 section five of this act, shall expire and be deemed repealed July 1, 33 [2011. The commissioner of taxation and finance shall cause to be 34 prepared a written report on the tax shelter law. Notwithstanding any 35 other provision of law to the contrary, such report shall include, but 36 not be limited to, statistical information regarding the listed and 37 reportable transactions and avoidance transactions under this act. A 38 copy of such report shall be delivered to the governor, the temporary 39 president of the senate, and the speaker of the assembly no later than 40 April 1, 2007] 2015; provided, that, such expiration and repeal shall 41 not affect any requirement imposed pursuant to this act. 42 S 2. This act shall take effect immediately. 43 PART C 44 Intentionally omitted. 45 PART D 46 Section 1. The tax law is amended by adding a new section 1613-c to 47 read as follows: 48 S 1613-C. CREDITING OF LOTTERY PRIZES AGAINST LIABILITIES FOR TAXES 49 ADMINISTERED BY THE COMMISSIONER. (1) THE DIRECTOR, ON BEHALF OF THE 50 DIVISION, SHALL ENTER INTO A WRITTEN AGREEMENT WITH THE COMMISSIONER, ON
S. 2811--B 15 1 BEHALF OF THE DEPARTMENT, WITHIN SIXTY DAYS OF THE EFFECTIVE DATE OF 2 THIS SECTION, WHICH WILL SET FORTH PROCEDURES FOR CREDITING LOTTERY 3 PRIZES OF MORE THAN SIX HUNDRED DOLLARS AWARDED TO HOLDERS OF WINNING 4 LOTTERY TICKETS, WHETHER INDIVIDUALS, CORPORATIONS, ASSOCIATIONS, COMPA- 5 NIES, PARTNERSHIPS, LIMITED LIABILITY PARTNERSHIPS OR COMPANIES, PART- 6 NERS, MEMBERS, MANAGERS, ESTATES, TRUST FIDUCIARIES OR ENTITIES, AGAINST 7 PAST DUE TAX LIABILITIES OWED BY SUCH HOLDERS FOR ANY TAX ADMINISTERED 8 BY THE COMMISSIONER, ABOUT WHICH THE DIRECTOR HAS BEEN NOTIFIED BY THE 9 COMMISSIONER PURSUANT TO THE PROVISIONS OF SUCH AGREEMENT. 10 (2) SUCH AGREEMENT SHALL APPLY TO ANY PAST DUE TAX LIABILITY WHICH 11 ARISES FROM (I) AN ENFORCEABLE WARRANT OR JUDGMENT, (II) AN ENFORCEABLE 12 DETERMINATION OF AN ADMINISTRATIVE BODY WHICH IS NO LONGER SUBJECT TO 13 ADMINISTRATIVE OR JUDICIAL REVIEW, OR (III) AN ASSESSMENT OR DETERMI- 14 NATION (INCLUDING SELF-ASSESSMENT OR SELF-ASSESSED DETERMINATION) WHICH 15 HAS BECOME FINAL OR FINALLY AND IRREVOCABLY FIXED AND NO LONGER SUBJECT 16 TO ADMINISTRATIVE OR JUDICIAL REVIEW. 17 (3) SUCH AGREEMENT SHALL INCLUDE: 18 (A) THE PROCEDURE UNDER WHICH THE DEPARTMENT WILL NOTIFY THE DIVISION 19 OF TAX LIABILITIES, INCLUDING WHEN THE DIVISION WILL BE NOTIFIED AND THE 20 CONTENT OF THAT NOTIFICATION; 21 (B) THE PROCEDURE FOR REIMBURSEMENT OF THE DIVISION BY THE DEPARTMENT 22 FOR THE COST OF CARRYING OUT THE PROCEDURES AUTHORIZED BY THIS SECTION; 23 AND 24 (C) ANY OTHER MATTERS THE PARTIES TO THE AGREEMENT DEEM NECESSARY TO 25 CARRY OUT THE PROVISIONS OF THIS SECTION. 26 (4) PRIOR TO AWARDING LOTTERY PRIZES OF MORE THAN SIX HUNDRED DOLLARS, 27 THE DIVISION SHALL REVIEW THE MOST RECENT NOTICE OF TAX LIABILITIES 28 PROVIDED BY THE COMMISSIONER. FOR HOLDERS OF WINNING LOTTERY TICKETS 29 IDENTIFIED ON THAT NOTICE, THE DIVISION SHALL CREDIT TO THE DEPARTMENT 30 THE AMOUNT OF EACH HOLDER'S PRIZE NECESSARY TO SATISFY THAT HOLDER'S TAX 31 LIABILITY, AND THE REMAINDER OF THE PRIZE SHALL BE AWARDED TO THE HOLDER 32 OF THE WINNING TICKET. 33 (5) IF THE DIVISION HAS ALSO RECEIVED A NOTICE OF LIABILITY OF A PRIZE 34 WINNER FOR PAST-DUE SUPPORT OR PUBLIC ASSISTANCE BENEFITS PURSUANT TO 35 SECTION SIXTEEN HUNDRED THIRTEEN-A OR SIXTEEN HUNDRED THIRTEEN-B OF THIS 36 ARTICLE, THEN THE AMOUNT OF ANY PRIZE SHALL BE FIRST CREDITED OR APPLIED 37 TO THE INCOME TAX REQUIRED TO BE WITHHELD BY LAW, THEN AS REQUIRED BY 38 SECTION SIXTEEN HUNDRED THIRTEEN-A OR SIXTEEN HUNDRED THIRTEEN-B OF THIS 39 ARTICLE, THEN TO THE PAST DUE TAX LIABILITY AS REQUIRED BY THIS SECTION. 40 THE BALANCE WILL THEN BE PAID TO THE HOLDER OF THE WINNING LOTTERY TICK- 41 ET. 42 (6) THE DIVISION SHALL CERTIFY TO THE COMPTROLLER THE TOTAL AMOUNT OF 43 THE LOTTERY PRIZE TO BE CREDITED AGAINST PAST DUE TAX LIABILITIES AND 44 THE REMAINDER OF THE PRIZE TO BE AWARDED TO THE HOLDER OF THE WINNING 45 LOTTERY TICKET. 46 (7) THE DIVISION SHALL NOTIFY THE HOLDER OF THE WINNING LOTTERY TICK- 47 ET, IN WRITING, OF THE TOTAL AMOUNT OF THE LOTTERY PRIZE CREDITED 48 AGAINST PAST DUE TAX LIABILITIES AND THE REMAINDER OF THE PRIZE TO BE 49 AWARDED TO THE HOLDER. THAT NOTICE MUST ALSO ADVISE THE HOLDER THAT THE 50 DEPARTMENT WILL PROVIDE SEPARATE NOTICE, IN WRITING, OF THE PROCEDURE 51 FOR AND TIME FRAME BY WHICH THE HOLDER MAY CONTEST SUCH CREDITING. 52 (8) THE DEPARTMENT SHALL NOTIFY THE HOLDER OF THE WINNING LOTTERY 53 TICKET, IN WRITING, OF THE AMOUNT OF A PRIZE TO BE CREDITED AGAINST PAST 54 DUE TAX LIABILITIES AND THE PROCEDURE FOR AND TIME FRAME BY WHICH THE 55 HOLDER MAY CONTEST THE CREDITING OF THE PRIZE.
S. 2811--B 16 1 (9) FROM THE TIME THE DIVISION IS NOTIFIED BY THE DEPARTMENT OF A PAST 2 DUE TAX LIABILITY OF A HOLDER OF A WINNING LOTTERY TICKET, THE DIVISION 3 SHALL BE RELIEVED FROM ALL LIABILITY TO THE HOLDER, AND THE HOLDER'S 4 HEIRS, REPRESENTATIVES, ESTATE, SUCCESSORS OR ASSIGNS FOR THE AMOUNT OF 5 A PRIZE CERTIFIED TO THE COMPTROLLER TO BE CREDITED AGAINST PAST DUE TAX 6 LIABILITIES AND THE HOLDER AND THE HOLDER'S HEIRS, REPRESENTATIVES, 7 ESTATE, SUCCESSOR OR ASSIGNS SHALL HAVE NO RIGHT TO COMMENCE A COURT 8 ACTION OR PROCEEDING OR TO ANY OTHER LEGAL RECOURSE AGAINST THE DIVISION 9 TO RECOVER ANY AMOUNT CERTIFIED TO THE COMPTROLLER TO BE CREDITED 10 AGAINST PAST DUE TAX LIABILITIES. PROVIDED HOWEVER, NOTHING HEREIN SHALL 11 BE CONSTRUED TO PROHIBIT A HOLDER OF A WINNING LOTTERY TICKET AND THE 12 HOLDER'S HEIRS, REPRESENTATIVES, ESTATE, SUCCESSORS OR ASSIGNS FROM 13 PROCEEDING AGAINST THE DEPARTMENT TO RECOVER THE PART OF THE PRIZE 14 CERTIFIED TO THE COMPTROLLER AND CREDITED TO PAST DUE TAX LIABILITIES 15 WHICH IS GREATER THAN THE AMOUNT OF PAST DUE TAX LIABILITIES OWED BY 16 THAT HOLDER ON THE DATE OF CERTIFICATION. 17 (10) NOTWITHSTANDING ANY LAW TO THE CONTRARY, THE DEPARTMENT AND ITS 18 OFFICERS AND EMPLOYEES MAY FURNISH TO THE DIVISION ANY ABSTRACT OF ANY 19 TAX RETURN OR REPORT, OR ANY INFORMATION CONCERNING AN ITEM CONTAINED IN 20 ANY SUCH RETURN OR REPORT OR DISCLOSED BY ANY INVESTIGATION OF TAX 21 LIABILITY UNDER THIS CHAPTER, BUT ONLY FOR THE PURPOSE OF CREDITING 22 LOTTERY PRIZES AGAINST PAST DUE TAX LIABILITIES DESCRIBED IN SUBDIVISION 23 TWO OF THIS SECTION. 24 S 2. This act shall take effect on the first of August next succeeding 25 the date on which it shall have become a law, provided that the depart- 26 ment of taxation and finance and the division of the lottery may take 27 steps to effectuate the written agreement between the director of the 28 division of the lottery and the commissioner of taxation and finance 29 prior to such effective date. 30 PART E 31 Section 1. Paragraph c of subdivision 2 of section 124 of part A of 32 chapter 56 of the laws of 1998, amending the tax law and other laws 33 relating to extending the dates of application of the investment tax 34 credit under articles 9-A, 22 and 32 of the tax law, as amended by 35 section 1 of part YY-1 of chapter 57 of the laws of 2008, is amended to 36 read as follows: 37 c. Sections fifteen through twenty-seven of this act shall apply to 38 property placed in service on or after October 1, 1998 [and before Octo- 39 ber 1, 2011]. 40 S 2. Section 2 of part L of chapter 63 of the laws of 2000, amending 41 the tax law and other laws relating to extending the dates of applica- 42 tion of the investment tax credit under article 33 of the tax law, as 43 amended by section 2 of part YY-1 of chapter 57 of the laws of 2008, is 44 amended to read as follows: 45 S 2. This act shall take effect immediately and shall apply to proper- 46 ty placed in service on or after January 1, 2002 [and before October 1, 47 2011]. 48 S 3. This act shall take effect immediately. 49 PART F 50 Section 1. Subdivision 4 of section 22 of the public housing law, as 51 amended by section 1 of part P of chapter 57 of the laws of 2010, is 52 amended to read as follows:
S. 2811--B 17 1 4. Statewide limitation. The aggregate dollar amount of credit which 2 the commissioner may allocate to eligible low-income buildings under 3 this article shall be [twenty-eight] THIRTY-TWO million dollars. The 4 limitation provided by this subdivision applies only to allocation of 5 the aggregate dollar amount of credit by the commissioner, and does not 6 apply to allowance to a taxpayer of the credit with respect to an eligi- 7 ble low-income building for each year of the credit period. 8 S 2. This act shall take effect immediately. 9 PART G 10 Intentionally omitted. 11 PART H 12 Intentionally omitted. 13 PART I 14 Section 1. Paragraphs 4, 16 and 39 of subsection (a) of section 107 of 15 the insurance law are amended to read as follows: 16 (4) "Affiliate" means a corporation, a majority of whose shares is 17 owned or controlled by shareholders, directors or officers of another 18 corporation, who own or control a majority of the shares of the other 19 corporation EXCEPT FOR PURPOSES OF INSURANCE PROCURED BY EXCESS LINE 20 BROKERS LICENSED PURSUANT TO SECTION TWO THOUSAND ONE HUNDRED FIVE OF 21 THIS CHAPTER. 22 (16) "Control". Except for the purposes of article fifteen of this 23 chapter AND INSURANCE PROCURED BY EXCESS LINE BROKERS LICENSED PURSUANT 24 TO SECTION TWO THOUSAND ONE HUNDRED FIVE OF THIS CHAPTER, "control", 25 including the terms "controlling", "controlled by" and "under common 26 control with", means the possession, direct or indirect, of the power to 27 direct or cause the direction of the management and policies of an 28 institution, whether through the ownership of voting securities, by 29 contract or otherwise. 30 (39) "State" means any state of the United States, the commonwealth of 31 Puerto Rico [and], the District of Columbia, GUAM, THE NORTHERN MARIANA 32 ISLANDS, THE VIRGIN ISLANDS AND AMERICAN SAMOA. 33 S 2. Subsection (l) of section 2101 of the insurance law, as added by 34 chapter 687 of the laws of 2003, is amended and five new subsections 35 (w), (x), (y), (z) and (aa) are added to read as follows: 36 (l) In this article, WITH RESPECT TO AN INSURANCE PRODUCER, "[home] 37 RESIDENT state" means the District of Columbia or any state or territory 38 of the United States in which an insurance producer maintains his, her 39 or its principal place of residence or principal place of business and 40 is licensed to act as an insurance producer. 41 (W) IN THIS ARTICLE, FOR PURPOSES OF INSURANCE PROCURED BY EXCESS LINE 42 BROKERS LICENSED PURSUANT TO SECTION TWO THOUSAND ONE HUNDRED FIVE OF 43 THIS CHAPTER, THE TERM "AFFILIATE" MEANS, WITH RESPECT TO AN INSURED, 44 ANY ENTITY THAT CONTROLS, IS CONTROLLED BY, OR IS UNDER COMMON CONTROL 45 WITH, THE INSURED. THE TERM "AFFILIATED GROUP" MEANS ANY GROUP OF ENTI- 46 TIES THAT ARE ALL AFFILIATED. 47 (X) IN THIS ARTICLE, FOR PURPOSES OF INSURANCE PROCURED BY EXCESS LINE 48 BROKERS LICENSED PURSUANT TO SECTION TWO THOUSAND ONE HUNDRED FIVE OF 49 THIS CHAPTER, AN ENTITY HAS "CONTROL" OVER ANOTHER ENTITY IF:
S. 2811--B 18 1 (1) THE ENTITY DIRECTLY OR INDIRECTLY OR ACTING THROUGH ONE OR MORE 2 OTHER PERSONS OWNS, CONTROLS, OR HAS THE POWER TO VOTE TWENTY-FIVE 3 PERCENT OR MORE OF ANY CLASS OF VOTING SECURITIES OF THE OTHER ENTITY; 4 OR 5 (2) THE ENTITY CONTROLS IN ANY MANNER THE ELECTION OF A MAJORITY OF 6 THE DIRECTORS OR TRUSTEES OF THE OTHER ENTITY. 7 (Y)(1) IN THIS ARTICLE, FOR PURPOSES OF INSURANCE PROCURED BY EXCESS 8 LINE BROKERS LICENSED PURSUANT TO SECTION TWO THOUSAND ONE HUNDRED FIVE 9 OF THIS CHAPTER, THE TERM "HOME STATE" WITH RESPECT TO AN INSURED MEANS: 10 (A) THE STATE IN WHICH AN INSURED MAINTAINS ITS PRINCIPAL PLACE OF 11 BUSINESS OR, IN THE CASE OF AN INDIVIDUAL, THE INDIVIDUAL'S PRINCIPAL 12 RESIDENCE; OR 13 (B) IF ONE HUNDRED PERCENT OF THE INSURED RISK IS LOCATED OUT OF THE 14 STATE REFERRED TO IN SUBPARAGRAPH (A) OF THIS PARAGRAPH, THE STATE TO 15 WHICH THE GREATEST PERCENTAGE OF THE INSURED'S TAXABLE PREMIUM FOR THAT 16 INSURANCE CONTRACT IS ALLOCATED. 17 (2) IF MORE THAN ONE INSURED FROM AN AFFILIATED GROUP ARE INSURED BY A 18 SINGLE INSURANCE CONTRACT PROCURED BY AN EXCESS LINE BROKER, THE TERM 19 "HOME STATE" MEANS THE HOME STATE, AS DETERMINED PURSUANT TO PARAGRAPH 20 (1) OF THIS SUBSECTION, OF THE MEMBER OF THE AFFILIATED GROUP THAT HAS 21 THE LARGEST PERCENTAGE OF PREMIUM ATTRIBUTED TO IT UNDER SUCH INSURANCE 22 CONTRACT. 23 (Z) IN THIS ARTICLE, FOR PURPOSES OF INSURANCE PROCURED BY EXCESS LINE 24 BROKERS LICENSED PURSUANT TO SECTION TWO THOUSAND ONE HUNDRED FIVE OF 25 THIS CHAPTER, THE TERM "EXEMPT COMMERCIAL PURCHASER" MEANS ANY PERSON 26 PURCHASING COMMERCIAL INSURANCE THAT, AT THE TIME OF PLACEMENT, MEETS 27 THE FOLLOWING REQUIREMENTS: 28 (1) THE PERSON EMPLOYS OR RETAINS A QUALIFIED RISK MANAGER TO NEGOTI- 29 ATE INSURANCE COVERAGE; 30 (2) THE PERSON HAS PAID AGGREGATE NATIONWIDE COMMERCIAL PROPERTY AND 31 CASUALTY INSURANCE PREMIUMS IN EXCESS OF ONE HUNDRED THOUSAND DOLLARS IN 32 THE IMMEDIATELY PRECEDING TWELVE MONTHS; AND 33 (3) THE PERSON MEETS AT LEAST ONE OF THE FOLLOWING CRITERIA: 34 (A) THE PERSON POSSESSES A NET WORTH IN EXCESS OF TWENTY MILLION 35 DOLLARS, AS SUCH AMOUNT IS ADJUSTED PURSUANT TO PARAGRAPH (2) OF THIS 36 SUBSECTION; 37 (B) THE PERSON GENERATES ANNUAL REVENUES IN EXCESS OF FIFTY MILLION 38 DOLLARS, AS SUCH AMOUNT IS ADJUSTED PURSUANT TO PARAGRAPH (2) OF THIS 39 SUBSECTION; 40 (C) THE PERSON EMPLOYS MORE THAN FIVE HUNDRED FULL-TIME OR FULL-TIME 41 EQUIVALENT EMPLOYEES PER INDIVIDUAL INSURED OR IS A MEMBER OF AN AFFIL- 42 IATED GROUP EMPLOYING MORE THAN ONE THOUSAND EMPLOYEES IN THE AGGREGATE; 43 (D) THE PERSON IS A NOT-FOR-PROFIT ORGANIZATION OR PUBLIC ENTITY 44 GENERATING ANNUAL BUDGETED EXPENDITURES OF AT LEAST THIRTY MILLION 45 DOLLARS, AS SUCH AMOUNT IS ADJUSTED PURSUANT TO PARAGRAPH (2) OF THIS 46 SUBSECTION; 47 (E) THE PERSON IS A MUNICIPALITY WITH A POPULATION IN EXCESS OF FIFTY 48 THOUSAND PERSONS. 49 (4) EFFECTIVE ON THE FIFTH JANUARY FIRST OCCURRING AFTER THE DATE OF 50 THE ENACTMENT OF THIS ARTICLE AND EACH FIFTH JANUARY FIRST OCCURRING 51 THEREAFTER, THE AMOUNTS IN SUBPARAGRAPHS (A), (B), AND (D) OF PARAGRAPH 52 (3) OF THIS SUBSECTION SHALL BE ADJUSTED TO REFLECT THE PERCENTAGE 53 CHANGE FOR SUCH FIVE-YEAR PERIOD IN THE CONSUMER PRICE INDEX FOR ALL 54 URBAN CONSUMERS PUBLISHED BY THE BUREAU OF LABOR STATISTICS OF THE 55 DEPARTMENT OF LABOR.
S. 2811--B 19 1 (AA) FOR PURPOSES OF INSURANCE PROCURED BY EXCESS LINE BROKERS 2 LICENSED PURSUANT TO SECTION TWO THOUSAND ONE HUNDRED FIVE OF THIS CHAP- 3 TER, THE TERM "QUALIFIED RISK MANAGER" MEANS, WITH RESPECT TO A POLICY- 4 HOLDER OF COMMERCIAL INSURANCE, A PERSON WHO MEETS ALL OF THE FOLLOWING 5 REQUIREMENTS: 6 (1) THE PERSON IS AN EMPLOYEE OF, OR THIRD-PARTY CONSULTANT RETAINED 7 BY, THE COMMERCIAL POLICYHOLDER; 8 (2) THE PERSON PROVIDES SKILLED SERVICES IN LOSS PREVENTION, LOSS 9 REDUCTION, OR RISK AND INSURANCE COVERAGE ANALYSIS, AND PURCHASE OF 10 INSURANCE; 11 (3) THE PERSON: 12 (A) HAS, AT A MINIMUM, A BACHELOR'S DEGREE FROM AN ACCREDITED COLLEGE 13 OR UNIVERSITY IN RISK MANAGEMENT, BUSINESS ADMINISTRATION, FINANCE, 14 ECONOMICS, OR ANY OTHER FIELD DETERMINED BY THE SUPERINTENDENT OR OTHER 15 STATE REGULATORY OFFICIAL OR ENTITY TO DEMONSTRATE MINIMUM COMPETENCE IN 16 RISK MANAGEMENT; AND 17 (B) HAS THREE YEARS OF EXPERIENCE IN RISK FINANCING, CLAIMS ADMINIS- 18 TRATION, LOSS PREVENTION, RISK AND INSURANCE ANALYSIS, OR PURCHASING 19 COMMERCIAL LINES OF INSURANCE; OR 20 (C) HAS A DESIGNATION AS A CHARTERED PROPERTY AND CASUALTY UNDERWRITER 21 ("CPCU") ISSUED BY THE AMERICAN INSTITUTE FOR CPCU/INSURANCE INSTITUTE 22 OF AMERICA; 23 (D) HAS A DESIGNATION AS AN ASSOCIATE IN RISK MANAGEMENT ("ARM") 24 ISSUED BY THE AMERICAN INSTITUTE FOR CPCU/INSURANCE INSTITUTE OF AMERI- 25 CA; 26 (E) HAS A DESIGNATION AS CERTIFIED RISK MANAGER ("CRM") ISSUED BY THE 27 NATIONAL ALLIANCE FOR INSURANCE EDUCATION & RESEARCH; 28 (F) HAS A DESIGNATION AS A RIMS FELLOW ("RF") ISSUED BY THE GLOBAL 29 RISK MANAGEMENT INSTITUTE; OR 30 (G) HAS ANY OTHER DESIGNATION, CERTIFICATION, OR LICENSE DETERMINED BY 31 THE SUPERINTENDENT OR OTHER STATE INSURANCE REGULATORY OFFICIAL OR ENTI- 32 TY TO DEMONSTRATE MINIMUM COMPETENCY IN RISK MANAGEMENT; 33 (4) HAS AT LEAST SEVEN YEARS OF EXPERIENCE IN RISK FINANCING, CLAIMS 34 ADMINISTRATION, LOSS PREVENTION, RISK AND INSURANCE COVERAGE ANALYSIS, 35 OR PURCHASING COMMERCIAL LINES OF INSURANCE; AND 36 (A) HAS ANY ONE OF THE DESIGNATIONS SPECIFIED IN SUBPARAGRAPHS (A) 37 THROUGH (G) OF PARAGRAPH (3) OF SUBSECTION (AA) OF THIS SECTION; 38 (B) HAS AT LEAST TEN YEARS OF EXPERIENCE IN RISK FINANCING, CLAIMS 39 ADMINISTRATION, LOSS PREVENTION, RISK AND INSURANCE COVERAGE ANALYSIS, 40 OR PURCHASING COMMERCIAL LINES OF INSURANCE; OR 41 (C) HAS A GRADUATE DEGREE FROM AN ACCREDITED COLLEGE OR UNIVERSITY IN 42 RISK MANAGEMENT, BUSINESS ADMINISTRATION, FINANCE, ECONOMICS, OR ANY 43 OTHER FIELD DETERMINED BY THE SUPERINTENDENT OR OTHER STATE REGULATORY 44 OFFICIAL OR ENTITY TO DEMONSTRATE MINIMUM COMPETENCE IN RISK MANAGEMENT. 45 S 3. Paragraph 11 of subsection (g) of section 2103 of the insurance 46 law, as added by chapter 687 of the laws of 2003, is amended to read as 47 follows: 48 (11) of any individual who applies for an insurance agent license in 49 this state who was previously licensed for the same line or lines of 50 authority in another state, provided, however, that the applicant's 51 [home] RESIDENT state grants non-resident licenses to residents of this 52 state on the same basis. Such individual shall also not be required to 53 complete any prelicensing education. This exemption is only available if 54 the person is currently licensed in that state or if the application is 55 received within ninety days of the date of cancellation of the appli- 56 cant's previous license and if the prior state issues a certification
S. 2811--B 20 1 that, at the time of cancellation, the applicant was in good standing in 2 that state or the state's producer database records, maintained by the 3 National Association of Insurance Commissioners, its affiliates or 4 subsidiaries, indicate that the producer is or was licensed in good 5 standing for the line of authority requested. An individual or entity 6 licensed in another state who moves to this state shall make an applica- 7 tion within ninety days of establishing legal residence to become a 8 resident licensee. No prelicensing education or examination shall be 9 required of that person to obtain any line of authority previously held 10 in the prior state except where the superintendent determines otherwise 11 by regulation. 12 S 4. Subparagraph (G) of paragraph 3 of subsection (e) of section 2104 13 of the insurance law, as amended by chapter 687 of the laws of 2003, is 14 amended to read as follows: 15 (G) was previously licensed for the same line or lines of authority in 16 another state, provided, however, that the applicant's [home] RESIDENT 17 state grants non-resident licenses to residents of this state on the 18 same basis. Such individual shall also not be required to complete any 19 prelicensing education. This exemption is only available if the person 20 is currently licensed in that state or if the application is received 21 within ninety days of the date of cancellation of the applicant's previ- 22 ous license and if the prior state issues a certification that, at the 23 time of cancellation, the applicant was in good standing in that state 24 or the state's producer database records, maintained by the National 25 Association of Insurance Commissioners, its affiliates or subsidiaries, 26 indicate that the producer is or was licensed in good standing for the 27 line of authority requested. An individual or entity licensed in another 28 state who moves to this state shall make an application within ninety 29 days of establishing legal residence to become a resident licensee. No 30 prelicensing education or examination shall be required of that person 31 to obtain any line of authority previously held in the prior state 32 except where the superintendent determines otherwise by regulation. 33 S 5. Subsections (a) and (b) of section 2105 of the insurance law, 34 subsection (a) as amended by chapter 626 of the laws of 2006 and 35 subsection (b) as amended by chapter 687 of the laws of 2003, are 36 amended and a new subsection (i) is added to read as follows: 37 (a) The superintendent may issue an excess line broker's license to 38 any person, firm, association or corporation who or which is domiciled 39 or maintains an office in this state and is licensed as an insurance 40 broker under section two thousand one hundred four of this article, or 41 who or which is licensed as an excess line broker in the licensee's 42 [home] RESIDENT state, provided, however, that the applicant's [home] 43 RESIDENT state grants non-resident licenses to residents of this state 44 on the same basis, except that reciprocity is not required in regard to 45 the placement of liability insurance on behalf of a purchasing group or 46 any of its members; authorizing such person, firm, association or corpo- 47 ration to procure, subject to the restrictions herein provided, policies 48 of insurance from insurers which are not authorized to transact business 49 in this state of the kind or kinds of insurance specified in paragraphs 50 four through fourteen, sixteen, seventeen, nineteen, twenty, twenty-two, 51 twenty-seven, twenty-eight and thirty-one of subsection (a) of section 52 one thousand one hundred thirteen of this chapter and in subsection (h) 53 of this section, provided, however, that the provisions of this section 54 and section two thousand one hundred eighteen of this article shall not 55 apply to ocean marine insurance and other contracts of insurance enumer- 56 ated in subsections (b) and (c) of section two thousand one hundred
S. 2811--B 21 1 seventeen of this article. Such license may be suspended or revoked by 2 the superintendent whenever in his OR HER judgment such suspension or 3 revocation will best promote the interests of the people of this state. 4 NOTWITHSTANDING ANYTHING IN THIS CHAPTER TO THE CONTRARY, NO PERSON, 5 FIRM, ASSOCIATION OR CORPORATION IS REQUIRED TO OBTAIN AN EXCESS LINE 6 BROKER'S LICENSE TO PROCURE INSURANCE FOR AN INSURED WHOSE HOME STATE IS 7 A STATE OTHER THAN NEW YORK. 8 (b) Before the superintendent issues any such license or renewal, 9 there shall be filed in the superintendent's office an application by 10 the person, firm, association or corporation desiring such license, in 11 such form or forms, and supplements thereto, and containing information 12 the superintendent prescribes. For each business entity, the sub-licen- 13 see or sub-licensees named in the application shall be designated 14 responsible for the business entity's compliance with the insurance 15 laws, rules and regulations of this state. A person or entity licensed 16 as an excess line broker in his, her or its [home] RESIDENT state may 17 receive a non-resident excess line broker license pursuant to subsection 18 (a) of this section with the submission of the application. 19 (I) ON AND AFTER JULY 21, 2012, NO FEES RELATING TO THE LICENSING OF 20 AN INDIVIDUAL OR ENTITY AS AN EXCESS LINE BROKER ARE PERMITTED TO BE 21 CHARGED UNLESS THE STATE HAS IN EFFECT AT SUCH TIME LAWS OR REGULATIONS 22 THAT PROVIDE FOR PARTICIPATION BY THE STATE IN THE NATIONAL INSURANCE 23 PRODUCER DATABASE OF THE NATIONAL ASSOCIATION OF INSURANCE COMMISSION- 24 ERS, OR ANY OTHER EQUIVALENT UNIFORM NATIONAL DATABASE, FOR THE LICEN- 25 SURE OF EXCESS LINE BROKERS AND THE RENEWAL OF SUCH LICENSES. 26 S 6. Subparagraph (B) of paragraph 1 of subsection (f) of section 2106 27 of the insurance law, as amended by chapter 687 of the laws of 2003, is 28 amended to read as follows: 29 (B) A "non-resident reinsurance intermediary" means a person who is a 30 non-resident of this state and who is licensed to act as a reinsurance 31 intermediary in their [home] RESIDENT state. 32 S 7. Paragraphs 2 and 4 of subsection (f) of section 2110 of the 33 insurance law, as amended by chapter 687 of the laws of 2003, are 34 amended to read as follows: 35 (2) A non-resident insurance producer's license or sub-license may be 36 summarily revoked in the event that the licensee's license as an agent, 37 broker, adjuster or in any other capacity under the insurance law of the 38 licensee's [home] RESIDENT state of domicile or such license of the firm 39 or association of which the licensee is a member, employee or sub-licen- 40 see, or such license of the corporation of which the licensee is an 41 officer, director, employee or sub-licensee has been suspended or 42 revoked or renewal thereof denied in the licensee's [home] RESIDENT 43 state of domicile by a procedure affording to the licensee or it a stat- 44 utory right to a hearing, for action or conduct which, if it had been 45 established upon a hearing before the superintendent, would have consti- 46 tuted grounds for revocation of a license under subsection (a) of this 47 section. 48 (4) Upon submission to the superintendent of satisfactory proof that a 49 suspension or revocation of a license issued by a [home] RESIDENT state 50 to act as an insurance agent, insurance broker, adjuster or in another 51 licensed capacity under the insurance law of such other state or a 52 denial of renewal thereof has been duly withdrawn, set aside, reversed 53 or voided, the superintendent shall thereupon reinstate and restore any 54 and all licenses revoked in accordance with the provisions of this 55 subsection.
S. 2811--B 22 1 S 8. Subsection (a) of section 2118 of the insurance law, as amended 2 by chapter 220 of the laws of 1986, and paragraph 2 as amended by chap- 3 ter 663 of the laws of 1993, is amended to read as follows: 4 (a) (1) NOTWITHSTANDING ANY PROVISION OF THIS CHAPTER TO THE CONTRARY, 5 THE PLACEMENT OF EXCESS LINE INSURANCE SHALL BE EXCLUSIVELY SUBJECT TO 6 THE LAWS OF THE INSURED'S HOME STATE AS DEFINED IN SUBSECTION (Y) OF 7 SECTION TWO THOUSAND ONE HUNDRED ONE OF THIS ARTICLE. ANY LAW, REGU- 8 LATION, PROVISION OR ACTION OF ANY STATE THAT PURPORTS TO APPLY TO 9 EXCESS LINE INSURANCE SOLD TO, SOLICITED BY, OR NEGOTIATED WITH AN 10 INSURED WHOSE HOME STATE IS ANOTHER STATE SHALL BE PREEMPTED WITH 11 RESPECT TO SUCH APPLICATION. 12 (2) Every licensee licensed pursuant to section two thousand one 13 hundred five of this article shall be required to use due care in 14 selecting the unauthorized insurer from whom policies are procured under 15 his OR HER license. 16 [(2) (A) No policy of insurance may be procured by a licensee from any 17 foreign or alien insurer which is controlled, by a foreign government or 18 by a political subdivision thereof, or which is an agency of any such 19 government or subdivision if the superintendent determines that: (i) 20 such insurer receives a subsidy or other competitive advantage, as a 21 result of such control or status, that would enable it to compete 22 unfairly with similarly situated insurers which are not so controlled or 23 constituted; (ii) such insurer is entitled to claim sovereign immunity 24 as a result of such control and the insurer has not waived the sovereign 25 immunity; or (iii) the use of such insurer would be detrimental to the 26 interests of the people of this state. 27 (B) No licensee shall be deemed to be in noncompliance with this 28 subsection unless: (i) the superintendent has made a prior determination 29 that the foreign or alien insurer from which the licensee procured a 30 policy of insurance should not be used as an excess line insurer in this 31 state in accordance with the provisions of this subsection; or (ii) the 32 licensee knew or should have known that such insurer should not be used 33 as an excess line insurer in accordance with the provisions of this 34 subsection. The superintendent may promulgate regulations to provide 35 guidance to the licensee. 36 (C)] (3)(A) THE SUPERINTENDENT MAY NOT PROHIBIT AN UNAUTHORIZED ALIEN 37 INSURER FROM INSURING ANY RISK OF THE KINDS OF INSURANCE SET FORTH IN 38 SUBSECTION (A) OF SECTION TWO THOUSAND ONE HUNDRED FIVE OF THIS CHAPTER 39 PLACED BY EXCESS LINE BROKERS LICENSED UNDER THIS ARTICLE IF SUCH INSUR- 40 ER IS LISTED ON THE MOST CURRENT QUARTERLY LISTING OF ALIEN INSURERS 41 MAINTAINED BY THE INTERNATIONAL INSURERS DEPARTMENT OF THE NATIONAL 42 ASSOCIATION OF INSURANCE COMMISSIONERS. 43 (B) AN UNAUTHORIZED FOREIGN INSURER IS ELIGIBLE TO INSURE RISKS PLACED 44 BY EXCESS LINE BROKERS LICENSED UNDER THIS ARTICLE PROVIDED SUCH INSURER 45 FURNISHES SATISFACTORY PROOF AS DETERMINED BY THE SUPERINTENDENT IN A 46 REGULATION THAT IT IS PERMITTED TO WRITE THE TYPE OF INSURANCE REQUESTED 47 IN ITS DOMICILIARY JURISDICTION, AND HAS CAPITAL AND SURPLUS OR ITS 48 EQUIVALENT UNDER THE LAWS OF ITS DOMICILIARY JURISDICTION EQUAL TO THE 49 GREATER OF FIFTEEN MILLION DOLLARS OR AN AMOUNT SET FORTH AND DETERMINED 50 BY THE SUPERINTENDENT IN A REGULATION. 51 (4) Every such insurer shall otherwise satisfy all applicable require- 52 ments for placement by an excess line broker. 53 S 9. Paragraph 3 of subsection (b) of section 2118 of the insurance 54 law is amended by adding a new subparagraph (F) to read as follows: 55 (F) AN EXCESS LINE BROKER SEEKING TO PROCURE OR PLACE INSURANCE WITH 56 AN UNAUTHORIZED INSURER FOR AN EXEMPT COMMERCIAL PURCHASER SHALL NOT BE
S. 2811--B 23 1 REQUIRED TO SATISFY ANY REQUIREMENT TO MAKE A DILIGENT EFFORT TO DETER- 2 MINE WHETHER THE FULL AMOUNT OR TYPE OF INSURANCE SOUGHT BY SUCH EXEMPT 3 COMMERCIAL PURCHASER CAN BE OBTAINED FROM AUTHORIZED INSURERS IF: 4 (I) THE BROKER PROCURING OR PLACING THE EXCESS LINE INSURANCE HAS 5 DISCLOSED TO THE EXEMPT COMMERCIAL PURCHASER THAT SUCH INSURANCE MAY OR 6 MAY NOT BE AVAILABLE FROM AUTHORIZED INSURERS THAT MAY PROVIDE GREATER 7 PROTECTION WITH MORE REGULATORY OVERSIGHT; AND 8 (II) THE EXEMPT COMMERCIAL PURCHASER HAS SUBSEQUENTLY REQUESTED, IN 9 WRITING, THE BROKER TO PROCURE OR PLACE SUCH INSURANCE FROM AN UNAUTHOR- 10 IZED INSURER. 11 S 10. Paragraphs 5, 8 and 9 of subsection (b) of section 2118 of the 12 insurance law, paragraph 5 as amended by chapter 630 of the laws of 1988 13 and paragraphs 8 and 9 as added by chapter 687 of the laws of 2003, are 14 amended to read as follows: 15 (5) Before placing business with an unauthorized insurer, each licen- 16 see shall ascertain and verify the fact that such insurer is authorized 17 in its domiciliary jurisdiction to write the insurance policy proposed 18 to be procured from it by the licensee. No unauthorized insurer shall be 19 deemed unacceptable for placement of business solely on the ground that 20 it has been so authorized to write such business in its domiciliary 21 jurisdiction for a period of less than three years preceding the place- 22 ment of such risk by the licensee. [In determining whether business may 23 be placed with such unauthorized insurer, the superintendent shall 24 consider such factors as: the interests of the public and policyholders, 25 the length of time such insurer has been authorized in its domiciliary 26 jurisdiction and elsewhere, its financial condition, and unavailability 27 of particular coverages from authorized insurers.] IF AN UNAUTHORIZED 28 INSURER DOES NOT MEET THE ELIGIBILITY REQUIREMENTS OF PARAGRAPH (2) OF 29 SUBSECTION (A) OF SECTION TWO THOUSAND ONE HUNDRED EIGHTEEN OF THIS 30 CHAPTER, AN EXCESS LINE BROKER MAY NONETHELESS PLACE A RISK WITH SUCH AN 31 INSURER UPON AN AFFIRMATIVE FINDING OF ACCEPTABILITY BY THE SUPERINTEN- 32 DENT. THE FINDING SHALL BE BASED UPON SUCH FACTORS AS QUALITY OF MANAGE- 33 MENT, CAPITAL AND SURPLUS OF ANY PARENT COMPANY, COMPANY UNDERWRITING 34 PROFIT AND INVESTMENT INCOME TRENDS, MARKET AVAILABILITY AND COMPANY 35 RECORD AND REPUTATION WITHIN THE INDUSTRY. IN NO EVENT SHALL THE SUPER- 36 INTENDENT MAKE AN AFFIRMATIVE FINDING OF ACCEPTABILITY WHEN THE UNAU- 37 THORIZED INSURER'S CAPITAL AND SURPLUS IS LESS THAN FOUR MILLION FIVE 38 HUNDRED THOUSAND DOLLARS. 39 (8) For purposes of this article, unless exempt under the provisions 40 of section two thousand one hundred seventeen of this article, a policy 41 of insurance obtained from an insurer not authorized to transact busi- 42 ness in this state must be procured pursuant to an excess line license 43 when [the entire property or risk exposure insured or any part thereof, 44 is located in this state and:] THE HOME STATE OF THE INSURED IS NEW 45 YORK. 46 [(A) the insured negotiated to acquire the coverage from within this 47 state; or 48 (B) the policy was delivered to the insured in this state.] 49 (9) Nothing in this article shall prohibit an excess line licensee 50 from placing risks under the excess or surplus line law of another state 51 provided that the excess line licensee[: 52 (A)] is licensed under the [applicable state law] LAWS OF THE HOME 53 STATE OF THE INSURED as an excess or surplus line broker or places such 54 risk through a licensed excess or surplus line broker in such state[; 55 and
S. 2811--B 24 1 (B) either no portion of the property or risk exposure is in this 2 state, or the insured has property or risk exposure both in this state 3 and in another state where the insured maintains a bona fide office from 4 which it negotiated to acquire the coverage and to which the policy is 5 delivered]. 6 S 10-a. Paragraph 1 of subsection (d) of section 2118 of the insurance 7 law, as amended by chapter 190 of the laws of 1990, is amended to read 8 as follows: 9 (1) Every person, firm, association or corporation licensed pursuant 10 to the provisions of section two thousand one hundred five of this arti- 11 cle shall pay A PREMIUM TAX to the superintendent IN a sum equal to 12 three and six-tenths percent of the gross premiums charged the insureds 13 by the insurers for insurance procured by such licensee pursuant to such 14 license, less the amount of such premiums returned to such insureds. 15 Where the insurance covers property or risks located or resident both in 16 and out of this state, AND THE COVERAGE INCEPTS ON OR PRIOR TO JULY 20, 17 2011, the sum payable shall be computed on that portion of the gross 18 premiums allocated to this state pursuant to subsection (b) of section 19 nine thousand one hundred two of this chapter less the amount of gross 20 premiums allocated to this state and returned to the insured; PROVIDED, 21 HOWEVER, THAT FOR SUCH POLICIES IN WHICH COVERAGE INCEPTS ON OR AFTER 22 JULY 21, 2011, THIS TAX SHALL ONLY APPLY TO EXCESS LINE TRANSACTIONS IN 23 WHICH THE INSURED'S HOME STATE IS NEW YORK AS THAT TERM IS DEFINED IN 24 SUBSECTION (Y) OF SECTION TWO THOUSAND ONE HUNDRED ONE OF THIS ARTICLE, 25 AND SUCH TAX SHALL NOT BE ALLOCATED PURSUANT TO SUBSECTION (B) OF 26 SECTION NINE THOUSAND ONE HUNDRED TWO OF THIS CHAPTER. FOR PURPOSES OF 27 THIS SECTION, THE TERM "PREMIUM TAX" MEANS, WITH RESPECT TO EXCESS LINE 28 INSURANCE, ANY TAX, FEE, ASSESSMENT OR ANY OTHER CHARGE IMPOSED BY THE 29 STATE DIRECTLY OR INDIRECTLY BASED ON ANY PAYMENT MADE AS CONSIDERATION 30 FOR SUCH POLICY OF INSURANCE, INCLUDING PREMIUM DEPOSITS, ASSESSMENTS, 31 REGISTRATION FEES AND ANY OTHER COMPENSATION GIVEN IN CONSIDERATION FOR 32 SUCH POLICY OF INSURANCE. 33 S 11. Subsection (b) of section 2134 of the insurance law, as added by 34 chapter 687 of the laws of 2003, is amended to read as follows: 35 (b) In addition to the requirements of subsection (a) of this section, 36 a nonresident insurance producer who changes his, her or its [home] 37 RESIDENT state, or a resident insurance producer who changes his, her or 38 its [home] RESIDENT state to another state, within thirty days of the 39 date of change, shall provide certification of such change from the new 40 [home] RESIDENT state. No fee or license application shall be required 41 therefor. 42 S 12. Subsections (a), (b) and (d) of section 2136 of the insurance 43 law, as added by chapter 687 of the laws of 2003, are amended to read as 44 follows: 45 (a) the applicant has a current and valid license in his or her [home] 46 RESIDENT state and is in good standing in his or her [home] RESIDENT 47 state; 48 (b) the applicant has submitted a completed application in the form 49 prescribed by the superintendent or submitted the application for licen- 50 sure submitted to his or her [home] RESIDENT state; 51 (d) the applicant's [home] RESIDENT state awards nonresident insurance 52 producer licenses to residents of this state on the same basis as 53 provided in this subsection. 54 S 13. Subparagraph (E) of paragraph 1 of subsection (f) of section 55 2137 of the insurance law, as added by chapter 499 of the laws of 2009, 56 is amended to read as follows:
S. 2811--B 25 1 (E) any individual seeking to be named a licensee or sub-licensee, who 2 is a nonresident and a life settlement broker or who is licensed as an 3 insurance producer with a life line of authority in the individual's 4 [home] RESIDENT state for at least one year; provided, however, that the 5 individual's [home] RESIDENT state grants nonresident licenses to resi- 6 dents of this state on the same basis. 7 S 14. Subsection (a) and paragraph 1 of subsection (b) of section 9102 8 of the insurance law, as amended by chapter 190 of the laws of 1990, are 9 amended to read as follows: 10 (a) In determining the amount of direct premiums taxable in this 11 state, all such premiums written, procured, or received in this state 12 shall be deemed written on property or risks located or resident in this 13 state except such premiums properly allocated and reported as taxable 14 premiums of any other state or states, PROVIDED THAT FOR PURPOSES OF 15 INSURANCE PROCURED BY EXCESS LINE BROKERS PURSUANT TO SECTION TWO THOU- 16 SAND ONE HUNDRED FIVE OF THIS CHAPTER, NO SUCH ALLOCATION SHALL BE MADE 17 WHERE THE EXCESS LINE TRANSACTION INVOLVES AN INSURED WHOSE HOME STATE 18 IS NEW YORK AS THAT TERM IS DEFINED IN SUBSECTION (Y) OF SECTION TWO 19 THOUSAND ONE HUNDRED ONE OF THIS CHAPTER WITH RESPECT TO EXCESS LINE 20 PLACEMENTS IN WHICH COVERAGE INCEPTS ON OR AFTER JULY 21, 2011. 21 (1) In determining the amount of gross premiums taxable in this state 22 pursuant to paragraph one of subsection (d) of section two thousand one 23 hundred eighteen of this chapter, where a placement of excess line 24 insurance INCEPTS ON OR PRIOR TO JULY 20, 2011 AND covers property or 25 risks located or resident both in and out of this state, the sum paid to 26 the superintendent shall be computed on that portion of the policy 27 premium that is attributable to property or risks located or resident in 28 this state, as determined by reference to an allocation schedule 29 prescribed by the superintendent in a regulation. WITH RESPECT TO EXCESS 30 LINE PLACEMENTS IN WHICH COVERAGE INCEPTS ON OR AFTER JULY 21, 2011, ONE 31 HUNDRED PERCENT OF THE PREMIUM CHARGED SHALL BE SUBJECT TO THE TAX WITH- 32 OUT ALLOCATION, BUT ONLY TO PLACEMENTS WHERE THE HOME STATE OF THE 33 INSURED, AS THAT TERM IS DEFINED IN SUBSECTION (Y) OF SECTION TWO THOU- 34 SAND ONE HUNDRED ONE OF THIS CHAPTER, IS NEW YORK. 35 S 15. Subsection (b) of section 1550 of the tax law, as added by chap- 36 ter 190 of the laws of 1990, is amended and two new subsections (d) and 37 (e) are added to read as follows: 38 (b) The term "premium" includes all amounts paid as consideration for 39 insurance contracts and shall include premium deposits, assessments, 40 policy fees, membership fees, REGISTRATION FEES and every other compen- 41 sation for such contract. The term "premium" includes all such amounts 42 paid irrespective of whether such amounts are deductible for federal 43 income tax purposes. 44 (D) THE TERM "INDEPENDENTLY PROCURED INSURANCE" MEANS INSURANCE 45 OBTAINED DIRECTLY BY AN INSURED FROM AN INSURER NOT AUTHORIZED TO TRANS- 46 ACT BUSINESS IN THIS STATE UNDER A CERTIFICATE OF AUTHORITY FROM THE 47 SUPERINTENDENT OF INSURANCE. 48 (E) THE TERM "PREMIUM TAX" MEANS, WITH RESPECT TO INDEPENDENTLY 49 PROCURED INSURANCE, ANY TAX, FEE, ASSESSMENT OR OTHER CHARGE IMPOSED BY 50 THIS STATE DIRECTLY OR INDIRECTLY BASED ON ANY PAYMENT MADE AS CONSIDER- 51 ATION FOR SUCH INSURANCE, INCLUDING PREMIUM DEPOSITS, ASSESSMENTS, 52 REGISTRATION FEES AND ANY OTHER COMPENSATION GIVEN IN CONSIDERATION FOR 53 SUCH A POLICY OF INSURANCE. 54 S 16. Section 1551 of the tax law, as amended by chapter 73 of the 55 laws of 1991, is amended to read as follows:
S. 2811--B 26 1 S 1551. Imposition of tax. There is hereby imposed on any person who 2 [purchases or renews a taxable insurance contract from an insurer not 3 authorized to transact business in this state under a certificate of 4 authority from the superintendent of insurance] INDEPENDENTLY PROCURES 5 INSURANCE, a PREMIUM tax at the rate of three and six-tenths percent of 6 the premiums paid or to be paid, less returns thereon, for such insur- 7 ance. Nothing in this article modifies or abrogates any provision of the 8 insurance law. THIS TAX SHALL ONLY APPLY TO INDEPENDENTLY PROCURED 9 INSURANCE TRANSACTIONS FOR INSUREDS WHOSE HOME STATE IS NEW YORK AS THAT 10 TERM IS DEFINED IN SUBSECTION (Y) OF SECTION TWO THOUSAND ONE HUNDRED 11 ONE OF THE INSURANCE LAW ON COVERAGE WHICH INCEPTS ON OR AFTER JULY 21, 12 2011. 13 S 17. Section 1552 of the tax law, as added by chapter 190 of the laws 14 of 1990, is amended to read as follows: 15 S 1552. Allocation. Where the taxable insurance contract covers risks 16 located or resident both within and without this state, WITH RESPECT TO 17 INDEPENDENTLY PROCURED INSURANCE IN WHICH COVERAGE INCEPTS ON OR PRIOR 18 TO JULY TWENTIETH, TWO THOUSAND ELEVEN the amount of premiums allocable 19 to risks resident or located within this state shall be determined 20 pursuant to rules and regulations of the commissioner of taxation and 21 finance. In promulgating such rules and regulations, the commissioner of 22 taxation and finance shall give due consideration to the rules and regu- 23 lations promulgated by the superintendent of insurance pursuant to 24 subsection (b) of section nine thousand one hundred two of the insurance 25 law. INDEPENDENTLY PROCURED INSURANCE POLICIES INCEPTING ON AND AFTER 26 JULY TWENTY-FIRST, TWO THOUSAND ELEVEN SHALL BE SUBJECT TO TAX ON ONE 27 HUNDRED PERCENT OF THE PREMIUM CHARGED WITHOUT ALLOCATION. 28 S 18. This act shall take effect on July 21, 2011 and applies to all 29 insurance policies procured by excess line licensees with an effective 30 date on or after July 21, 2011, provided, however, that the amendments 31 to subsection (b) of section 2118 of the insurance law made by sections 32 nine and ten of this act shall not affect the expiration and reversion 33 of such subsection and shall be deemed to expire therewith. 34 PART J 35 Section 1. Section 51 of chapter 298 of the laws of 1985, amending the 36 tax law relating to the franchise tax on banking corporations imposed by 37 the tax law, authorized to be imposed by any city having a population of 38 one million or more by chapter 772 of the laws of 1966 and imposed by 39 the administrative code of the city of New York and relating to other 40 provisions of the tax law, chapter 883 of the laws of 1975 and the 41 administrative code of the city of New York which relates to such fran- 42 chise tax, as amended by chapter 67 of the laws of 2010, is amended to 43 read as follows: 44 S 51. This act shall take effect immediately and shall apply to taxa- 45 ble years beginning on or after January 1, 1985[, except that: 46 (a) sections one through eight shall not apply to taxable years begin- 47 ning on or after January 1, 2011; 48 (b) sections nine, twelve, the amendment made to paragraph 9 of 49 subsection (a) of section 1452 of the tax law by section thirteen, 50 sections fifteen, sixteen, eighteen, nineteen, twenty, twenty-three, 51 twenty-seven, thirty and thirty-two, the amendment made to paragraph 9 52 of subdivision (a) of section 11-640 of the administrative code of the 53 city of New York by section thirty-three, sections thirty-five, thirty- 54 six, thirty-eight, thirty-nine, forty, and forty-five shall not apply to
S. 2811--B 27 1 corporations other than savings banks and savings and loan associations 2 for taxable years beginning on or after January 1, 2011. 3 (c) sections twenty-one, twenty-two, twenty-four, forty-one and 4 forty-two shall not apply to corporations other than savings banks and 5 savings and loan associations for taxable years beginning on or after 6 January 1, 2011, provided, however, that the provisions of such sections 7 which relate to the alternative minimum tax measured by taxable assets 8 shall continue to apply to all taxpayers for taxable years beginning on 9 or after January 1, 2011; 10 (d) the amendment to the section heading and the opening paragraph of 11 section 11-643.3 of the administrative code of the city of New York made 12 by section forty-three shall not apply to corporations other than 13 savings banks and savings and loan associations for taxable years begin- 14 ning on or after January 1, 2011 with respect to those provisions of 15 such section 11-643.3 which relate to the basic tax measured by entire 16 net income; and 17 (e) section twenty-eight, and the addition of new section 11-643.5 of 18 the administrative code of the city of New York made by section forty- 19 four shall not apply to corporations other than savings banks and 20 savings and loan associations for taxable years beginning on or after 21 January 1, 2011, provided, however, that the provisions of such sections 22 which relate to the alternative minimum taxes measured by assets, issued 23 capital stock and one hundred twenty-five dollars shall continue to 24 apply to all taxpayers for taxable years beginning on or after January 25 1, 2011]. 26 S 2. Subdivisions (d) and (f) of section 110 of chapter 817 of the 27 laws of 1987, amending the tax law and the environmental conservation 28 law, constituting the business tax reform and rate reduction act of 29 1987, as amended by chapter 67 of the laws of 2010, are amended to read 30 as follows: 31 (d) The provisions of section sixty-seven of this act except insofar 32 as it amends paragraph 10 of subsection (b) of section 1453 of the tax 33 law, seventy-one and seventy-four shall apply to taxable years beginning 34 after December 31, 1986[, provided, however, that new paragraphs 11 and 35 12 of subsection (b) of section 1453 of the tax law as added by section 36 sixty-seven of this act, the amendments made by section seventy-one of 37 this act, and new subsection (i) of section 1453 of the tax law as added 38 by section seventy-four of this act shall not apply to taxable years 39 beginning on or after January 1, 2011]; 40 (f) The provisions of section one hundred four of this act shall apply 41 to taxable years beginning after December 31, 1986[, and shall not apply 42 to corporations other than savings banks and savings and loan associ- 43 ations for taxable years beginning on or after January 1, 2011, 44 provided, however, that the provisions of such section which relate to 45 the alternative minimum tax measured by taxable assets shall continue to 46 apply to all taxpayers for taxable years beginning on or after January 47 1, 2011]. 48 S 3. Subdivisions (c) and (d) of section 68 of chapter 525 of the 49 laws of 1988, amending the tax law and the administrative code of the 50 city of New York relating to the imposition of taxes in the city of New 51 York, as amended by chapter 67 of the laws of 2010, are amended to read 52 as follows: 53 (c) The provisions of sections one, thirty-one, thirty-two, thirty- 54 three, thirty-six, thirty-seven, forty through forty-five, forty-seven 55 and forty-eight of this act shall apply to taxable years beginning after 56 December 31, 1986[, provided, however, that the amendments made by
S. 2811--B 28 1 sections thirty-six and forty-one of this act, and new subdivision (i) 2 of section 11-641 of the administrative code of the city of New York as 3 added by section forty-four of this act shall not apply to taxable years 4 beginning on or after January 1, 2011]; 5 (d) The provisions of section forty-six of this act shall apply to 6 taxable years beginning after December 31, 1986[, and shall not apply to 7 corporations other than savings banks and savings and loan associations 8 for taxable years beginning on or after January 1, 2011, provided, 9 however, that the provisions of such section which relate to the alter- 10 native minimum tax measured by taxable assets shall continue to apply to 11 all taxpayers for taxable years beginning on or after January 1, 2011]; 12 S 4. Paragraphs 1 and 2 of subsection (m) of section 1452 of the tax 13 law, as amended by chapter 24 of the laws of 2010, are amended to read 14 as follows: 15 (1) Notwithstanding anything to the contrary contained in this section 16 other than subsection (n) of this section, a corporation [that was in 17 existence before January first, two thousand ten and was] subject to tax 18 under article nine-A of this chapter [for its last taxable year begin- 19 ning before January first, two thousand ten], shall continue to be taxa- 20 ble under such article [for all taxable years beginning on or after 21 January first, two thousand ten and before January first, two thousand 22 eleven]. The preceding sentence shall not apply to any taxable year 23 during which such corporation is a banking corporation described in 24 paragraphs one through eight of subsection (a) of this section. Notwith- 25 standing anything to the contrary contained in this section other than 26 subsection (n) of this section, a banking corporation [or corporation] 27 that [was in existence before January first, two thousand ten and] was 28 subject to tax under this article [for its last taxable year beginning 29 before January first, two thousand ten], shall continue to be taxable 30 under this article [for all taxable years beginning on or after January 31 first, two thousand ten and before January first, two thousand eleven or 32 in which the corporation satisfies the requirements for a corporation to 33 elect to be taxable under this article]. ONLY IF THE CORPORATION IS A 34 BANKING CORPORATION AS DEFINED IN SUBSECTION (A) OF THIS SECTION AS OF 35 JANUARY FIRST, TWO THOUSAND ELEVEN. Provided further, that nothing in 36 this subsection shall prohibit a corporation that elected pursuant to 37 subsection (d) of this section to be taxable under article nine-A of 38 this chapter from revoking that election in accordance with such 39 subsection (d). 40 For purposes of this paragraph, a corporation shall be considered to 41 be subject to tax under article nine-A of this chapter for a taxable 42 year if such corporation was not a taxpayer but was properly included in 43 a combined report filed pursuant to section two hundred eleven of this 44 chapter for such taxable year and a corporation shall be considered to 45 be subject to tax under this article for a taxable year if such corpo- 46 ration was not a taxpayer but was properly included in a combined return 47 filed pursuant to subsection (f) or (g) of section fourteen hundred 48 sixty-two of this article for such taxable year. A corporation [that was 49 in existence before January first, two thousand ten but first becomes a 50 taxpayer in a taxable year beginning on or after January first, two 51 thousand ten and before January first, two thousand eleven,] shall be 52 considered for purposes of this paragraph to have been subject to tax 53 under article nine-A of this chapter for its last taxable year [begin- 54 ning before January first, two thousand ten] if such corporation would 55 have been subject to tax under such article for such taxable year if it 56 had been a taxpayer during such taxable year. A corporation [that was in
S. 2811--B 29 1 existence before January first, two thousand ten but first becomes a 2 taxpayer in a taxable year beginning on or after January first, two 3 thousand ten and before January first, two thousand eleven,] shall be 4 considered, for purposes of this paragraph, to have been subject to tax 5 under this article [for its last taxable year beginning before January 6 first, two thousand ten] if such corporation would have been subject to 7 tax under this article for such taxable year if it had been a taxpayer 8 during such taxable year. 9 (2) Notwithstanding anything to the contrary contained in this section 10 other than subsection (n) of this section, a corporation [formed on or 11 after January first, two thousand ten and before January first, two 12 thousand eleven] may elect to be subject to tax under this article or 13 under article nine-A of this chapter [for its first taxable year begin- 14 ning on or after January first, two thousand ten and before January 15 first, two thousand eleven in which] IF either (i) sixty-five percent or 16 more of its voting stock is owned or controlled, directly or indirectly 17 by a financial holding company, provided the corporation whose voting 18 stock is so owned or controlled is principally engaged in activities 19 that are described in section 4(k)(4) or 4(k)(5) of the federal bank 20 holding company act of nineteen hundred fifty-six, as amended and the 21 regulations promulgated pursuant to the authority of such section, or 22 (ii) it is a financial subsidiary. An election under this paragraph may 23 not be made by a corporation described in paragraphs one through eight 24 of subsection (a) of this section or in subsection (e) of this section. 25 In addition, an election under this paragraph may not be made by a 26 corporation that is a party to a reorganization, as defined in 27 subsection (a) of section 368 of the internal revenue code of 1986, as 28 amended, of a corporation described in paragraph one of this subsection 29 if both corporations were sixty-five percent or more owned or 30 controlled, directly or indirectly, by the same interests at the time of 31 the reorganization. 32 An election under this paragraph must be made by the taxpayer on or 33 before the due date for filing its return (determined with regard to 34 extensions of time for filing) for the applicable taxable year. The 35 election to be taxed under article nine-A of this chapter shall be made 36 by the taxpayer by filing the report required pursuant to section two 37 hundred eleven of this chapter and the election to be taxed under this 38 article shall be made by the taxpayer by filing the return required 39 pursuant to section fourteen hundred sixty-two of this article. Any 40 election made pursuant to this paragraph shall be irrevocable and shall 41 apply to each subsequent taxable year [beginning on or after January 42 first, two thousand ten and before January first, two thousand eleven], 43 provided that the stock ownership and activities requirements described 44 in subparagraph (i) of this paragraph are met or such corporation 45 described in subparagraph (ii) of this paragraph continues as a finan- 46 cial subsidiary. 47 S 5. Paragraphs 1 and 2 of subdivision (l) of section 11-640 of the 48 administrative code of the city of New York, as amended by chapter 24 of 49 the laws of 2010, are amended to read as follows: 50 (1) Notwithstanding anything to the contrary contained in this section 51 other than subdivision (m) of this section, a corporation [that was in 52 existence before January first, two thousand ten and was] subject to tax 53 under subchapter two of this chapter [for its last taxable year begin- 54 ning before January first, two thousand ten,] shall continue to be taxa- 55 ble under such subchapter for all taxable years [beginning on or after 56 January first, two thousand ten and before January first, two thousand
S. 2811--B 30 1 eleven]. The preceding sentence shall not apply to any taxable year 2 during which such corporation is a banking corporation described in 3 paragraphs one through eight of subdivision (a) of this section. 4 Notwithstanding anything to the contrary contained in this section other 5 than subdivision (m) of this section, a banking corporation [or corpo- 6 ration that was in existence before January first, two thousand ten and 7 was subject to tax under this subchapter for its last taxable year 8 beginning before January first, two thousand ten,] shall continue to be 9 taxable under this subchapter for all taxable years [beginning on or 10 after January first, two thousand ten and before January first, two 11 thousand eleven or] ONLY IF THE CORPORATION IS A BANKING CORPORATION AS 12 DEFINED IN SUBDIVISION (A) OF THIS SECTION AS OF JANUARY FIRST, TWO 13 THOSUAND ELEVEN in which the corporation satisfies the requirements for 14 a corporation to elect to be taxable under this subchapter. Provided 15 further, that nothing in this subdivision shall prohibit a corporation 16 that elected pursuant to subdivision (d) of this section to be taxable 17 under subchapter two of this chapter from revoking that election in 18 accordance with subdivision (d) of this section. For purposes of this 19 paragraph, a corporation shall be considered to be subject to tax under 20 subchapter two of this chapter for a taxable year if such corporation 21 was not a taxpayer but was properly included in a combined report filed 22 pursuant to subdivision four of section 11-605 of this chapter for such 23 taxable year and a corporation shall be considered to be subject to tax 24 under this subchapter for a taxable year if such corporation was not a 25 taxpayer but was properly included in a combined report filed pursuant 26 to subdivision (f) or (g) of section 11-646 of this part for such taxa- 27 ble year. A corporation [that was in existence before January first, two 28 thousand ten but first becomes a taxpayer in a taxable year beginning on 29 or after January first, two thousand ten and before January first, two 30 thousand eleven,] shall be considered for purposes of this paragraph to 31 have been subject to tax under subchapter two of this chapter for its 32 last taxable year [beginning before January first, two thousand ten] if 33 such corporation would have been subject to tax under such subchapter 34 for such taxable year if it had been a taxpayer during such taxable 35 year. A corporation [that was in existence before January first, two 36 thousand ten but first becomes a taxpayer in a taxable year beginning on 37 or after January first, two thousand ten and before January first, two 38 thousand eleven,] shall be considered for purposes of this paragraph to 39 have been subject to tax under this subchapter for its last taxable year 40 [beginning before January first, two thousand ten] if such corporation 41 would have been subject to tax under this subchapter for such taxable 42 year if it had been a taxpayer during such taxable year. 43 (2) Notwithstanding anything to the contrary contained in this section 44 other than subdivision (m) of this section, a corporation [formed on or 45 after January first, two thousand ten and before January first, two 46 thousand eleven] may elect to be subject to tax under this subchapter or 47 under subchapter two of this chapter for its first taxable year [begin- 48 ning on or after January first, two thousand ten and before January 49 first, two thousand eleven in which] IF either (i) sixty-five percent or 50 more of its voting stock is owned or controlled, directly or indirectly 51 by a financial holding company, provided the corporation whose voting 52 stock is so owned or controlled is principally engaged in activities 53 that are described in section 4(k)(4) or 4(k)(5) of the federal bank 54 holding company act of nineteen hundred fifty-six, as amended and the 55 regulations promulgated pursuant to the authority of such section or 56 (ii) it is a financial subsidiary. An election under this paragraph may
S. 2811--B 31 1 not be made by a corporation described in paragraphs one through eight 2 of subdivision (a) of this section or in subdivision (e) of this 3 section. In addition, an election under this paragraph may not be made 4 by a corporation that is a party to a reorganization, as defined in 5 subsection (a) of section 368 of the internal revenue code of 1986, as 6 amended, of a corporation described in paragraph one of this subdivision 7 if both corporations were sixty-five percent or more owned or 8 controlled, directly or indirectly by the same interests at the time of 9 the reorganization. 10 An election under this paragraph must be made by the taxpayer on or 11 before the due date for filing its return (determined with regard to 12 extensions of time for filing) for the applicable taxable year. The 13 election to be taxed under subchapter two of this chapter shall be made 14 by the taxpayer by filing the return required pursuant to subdivision 15 one of section 11-605 of this chapter and the election to be taxed under 16 this subchapter shall be made by the taxpayer by filing the return 17 required pursuant to subdivision (a) of section 11-646 of this part. Any 18 election made pursuant to this paragraph shall be irrevocable and shall 19 apply to each subsequent taxable year [beginning on or after January 20 first, two thousand ten and before January first, two thousand eleven], 21 provided that the stock ownership and activities requirements described 22 in subparagraph (i) of this paragraph are met or such corporation 23 described in subparagraph (ii) of this paragraph continues as a finan- 24 cial subsidiary. 25 S 6. Subparagraph (iv) of paragraph 2 of subdivision (f) of section 26 1462 of the tax law, as amended by chapter 24 of the laws of 2010, is 27 amended to read as follows: 28 (iv) (A) Notwithstanding any provision of this paragraph, any bank 29 holding company exercising its corporate franchise or doing business in 30 the state may make a return on a combined basis without seeking the 31 permission of the commissioner with any banking corporation exercising 32 its corporate franchise or doing business in the state in a corporate or 33 organized capacity sixty-five percent or more of whose voting stock is 34 owned or controlled, directly or indirectly, by such bank holding compa- 35 ny, for the first taxable year [beginning on or after January first, two 36 thousand and before January first, two thousand eleven] during which 37 such bank holding company registers for the first time under the federal 38 bank holding company act, as amended, and also elects to be a financial 39 holding company. In addition, for each subsequent taxable year [begin- 40 ning after January first, two thousand and before January first, two 41 thousand eleven], any such bank holding company may file on a combined 42 basis without seeking the permission of the commissioner with any bank- 43 ing corporation that is exercising its corporate franchise or doing 44 business in the state and sixty-five percent or more of whose voting 45 stock is owned or controlled, directly or indirectly, by such bank hold- 46 ing company if either such banking corporation is exercising its corpo- 47 rate franchise or doing business in the state in a corporate or organ- 48 ized capacity for the first time during such subsequent taxable year, or 49 sixty-five percent or more of the voting stock of such banking corpo- 50 ration is owned or controlled, directly or indirectly, by such bank 51 holding company for the first time during such subsequent taxable year. 52 Provided however, for each subsequent taxable year [beginning after 53 January first, two thousand and before January first, two thousand elev- 54 en], a banking corporation described in either of the two preceding 55 sentences which filed on a combined basis with any such bank holding 56 company in a previous taxable year, must continue to file on a combined
S. 2811--B 32 1 basis with such bank holding company if such banking corporation, during 2 such subsequent taxable year, continues to exercise its corporate fran- 3 chise or do business in the state in a corporate or organized capacity 4 and sixty-five percent or more of such banking corporation's voting 5 stock continues to be owned or controlled, directly or indirectly, by 6 such bank holding company, unless the permission of the commissioner has 7 been obtained to file on a separate basis for such subsequent taxable 8 year. Provided further, however, for each subsequent taxable year 9 [beginning after January first, two thousand and before January first, 10 two thousand eleven], a banking corporation described in either of the 11 first two sentences of this clause which did not file on a combined 12 basis with any such bank holding company in a previous taxable year, may 13 not file on a combined basis with such bank holding company during any 14 such subsequent taxable year unless the permission of the commissioner 15 has been obtained to file on a combined basis for such subsequent taxa- 16 ble year. 17 (B) Notwithstanding any provision of this paragraph other than clause 18 (A) of this subparagraph, the commissioner may not require a bank hold- 19 ing company which, during a taxable year [beginning on or after January 20 first, two thousand and before January first, two thousand eleven], 21 registers for the first time during such taxable year under the federal 22 bank holding company act, as amended, and also elects to be a financial 23 holding company, to make a return on a combined basis for any taxable 24 year [beginning on or after January first, two thousand and before Janu- 25 ary first, two thousand eleven] with a banking corporation sixty-five 26 percent or more of whose voting stock is owned or controlled, directly 27 or indirectly, by such bank holding company. 28 S 7. Subparagraph (iv) of paragraph 2 of subdivision (f) of section 29 11-646 of the administrative code of the city of New York, as amended by 30 chapter 24 of the laws of 2010, is amended to read as follows: 31 (iv) (A) Notwithstanding any provision of this paragraph, any bank 32 holding company exercising its corporate franchise or doing business in 33 the city may make a return on a combined basis without seeking the 34 permission of the commissioner with any banking corporation exercising 35 its corporate franchise or doing business in the city in a corporate or 36 organized capacity sixty-five percent or more of whose voting stock is 37 owned or controlled, directly or indirectly, by such bank holding compa- 38 ny, for the first taxable year [beginning on or after January first, two 39 thousand and before January first, two thousand eleven] during which 40 such bank holding company registers for the first time under the federal 41 bank holding company act, as amended, and also elects to be a financial 42 holding company. In addition, for each subsequent taxable year [begin- 43 ning after January first, two thousand and before January first, two 44 thousand eleven], any such bank holding company may file on a combined 45 basis without seeking the permission of the commissioner with any bank- 46 ing corporation that is exercising its corporate franchise or doing 47 business in the city and sixty-five percent or more of whose voting 48 stock is owned or controlled, directly or indirectly, by such bank hold- 49 ing company if either such banking corporation is exercising its corpo- 50 rate franchise or doing business in the city in a corporate or organized 51 capacity for the first time during such subsequent taxable year, or 52 sixty-five percent or more of the voting stock of such banking corpo- 53 ration is owned or controlled, directly or indirectly, by such bank 54 holding company for the first time during such subsequent taxable year. 55 Provided however, for each subsequent taxable year [beginning after 56 January first, two thousand and before January first, two thousand elev-
S. 2811--B 33 1 en], a banking corporation described in either of the two preceding 2 sentences which filed on a combined basis with any such bank holding 3 company in a previous taxable year, must continue to file on a combined 4 basis with such bank holding company if such banking corporation, during 5 such subsequent taxable year, continues to exercise its corporate fran- 6 chise or do business in the city in a corporate or organized capacity 7 and sixty-five percent or more of such banking corporation's voting 8 stock continues to be owned or controlled, directly or indirectly, by 9 such bank holding company, unless the permission of the commissioner has 10 been obtained to file on a separate basis for such subsequent taxable 11 year. Provided further, however, for each subsequent taxable year 12 [beginning after January first, two thousand and before January first, 13 two thousand eleven], a banking corporation described in either of the 14 first two sentences of this clause which did not file on a combined 15 basis with any such bank holding company in a previous taxable year, may 16 not file on a combined basis with such bank holding company during any 17 such subsequent taxable year unless the permission of the commissioner 18 has been obtained to file on a combined basis for such subsequent taxa- 19 ble year. 20 (B) Notwithstanding any provision of this paragraph other than clause 21 (A) of this subparagraph, the commissioner may not require a bank hold- 22 ing company which, during a taxable year [beginning on or after January 23 first, two thousand and before January first, two thousand eleven], 24 registers for the first time during such taxable year under the federal 25 bank holding company act, as amended, and also elects to be a financial 26 holding company, to make a return on a combined basis for any taxable 27 year [beginning on or after January first, two thousand and before Janu- 28 ary first, two thousand eleven] with a banking corporation sixty-five 29 percent or more of whose voting stock is owned or controlled, directly 30 or indirectly, by such bank holding company. 31 S 8. This act shall take effect immediately. 32 PART K 33 Section 1. Paragraph b of subdivision 1, subdivisions 2, 6, 14, 22 and 34 23 of section 282 of the tax law, paragraph b of subdivision 1 and 35 subdivision 14 as amended by chapter 245 of the laws of 1989, subdivi- 36 sion 2 as amended by chapter 509 of the laws of 1937, subdivision 6 as 37 amended by chapter 261 of the laws of 1988 and subdivisions 22 and 23 as 38 added by section 1 of part W-1 of chapter 109 of the laws of 2006, are 39 amended to read as follows: 40 b. With respect to Diesel motor fuel, "distributor" means any person, 41 firm, association or corporation (i) who or which imports or causes to 42 be imported into the state, for use, distribution, storage or sale with- 43 in the state, any Diesel motor fuel; (ii) who or which produces, 44 refines, manufactures or compounds Diesel motor fuel within the state; 45 (iii) [who or which engages in the enhancement of Diesel motor fuel in 46 this state; (iv)] who or which makes a sale or use of Diesel motor fuel 47 in this state other than: (A) a retail sale not in bulk or (B) the self- 48 use of Diesel motor fuel which has been the subject of a retail sale to 49 such person; [(v)] (IV) who or which is registered by the department [of 50 taxation and finance] as a distributor of kero-jet fuel pursuant to the 51 provisions of subdivision two of section two hundred eighty-two-a of 52 this article. For the purposes of this article when used with respect to 53 Diesel motor fuel, a "retail sale not in bulk" means the making or 54 offering to make any sale of Diesel motor fuel to a consumer of such
S. 2811--B 34 1 fuel which is delivered directly into a motor vehicle for use in the 2 operation of such vehicle. A "retail sale in bulk" means the making or 3 offering to make any sale of Diesel motor fuel to a consumer which is 4 other than a "retail sale not in bulk". Motor fuel or Diesel motor fuel 5 brought into the state in the ordinary fuel tank connecting with the 6 engine of a motor vehicle, aeroplane, motor boat or other conveyance 7 propelled by the use of such motor fuel or Diesel motor fuel, and to be 8 used only in the operation thereof, shall not be deemed imported within 9 the meaning of this article, if not removed from such tank except as 10 used in the propulsion of such engine. 11 2. "Motor fuel" means gasoline, benzol, REFORMULATED BLEND STOCK FOR 12 OXYGENATE BLENDING, CONVENTIONAL BLEND STOCK FOR OXYGENATE BLENDING, 13 E85, FUEL GRADE ETHANOL THAT MEETS THE ASTM INTERNATIONAL ACTIVE STAND- 14 ARDS SPECIFICATIONS D4806 OR D4814 or other product[, except kerosene 15 and crude oil,] which is suitable for use in operation of a motor vehi- 16 cle engine[, but if kerosene or crude oil is compounded or mixed with 17 any other product or products, and the resulting compound or mixture is 18 suitable for use in the operation of any such motor vehicle engine, such 19 resulting compound or mixture in its entirety shall be a "motor fuel."]. 20 6. "Filling station" shall include any place, location or station 21 where motor fuel [or], HIGHWAY Diesel motor fuel OR WATER-WHITE KEROSENE 22 (EXCLUSIVELY FOR HEATING PURPOSES IN CONTAINERS OF NO MORE THAN TWENTY 23 GALLONS), is offered for sale at retail. 24 14. "Diesel motor fuel" shall mean NO. 1 DIESEL FUEL, NO. 2 DIESEL 25 FUEL, BIODIESEL, kerosene, crude oil, fuel oil or other middle distil- 26 late and also motor fuel suitable for use in the operation of an engine 27 of the diesel type, excluding, however, any product specifically desig- 28 nated "No. 4 Diesel fuel" and not suitable as a fuel used in the opera- 29 tion of a motor vehicle engine. 30 22. "E85" means a [mixture consisting by volume of eighty-five 31 percent] FUEL BLEND CONSISTING OF ethanol and [the remainder of which 32 is] motor fuel, WHICH MEETS THE ASTM INTERNATIONAL ACTIVE STANDARD D5798 33 FOR FUEL ETHANOL. 34 23. "B20" means a mixture consisting by volume of twenty percent biod- 35 iesel and the remainder of which is diesel motor fuel. [For purposes of 36 this subdivision "biodiesel"] "BIODIESEL" shall mean EITHER "QUALIFIED 37 BIODIESEL" OR "UNQUALIFIED BIODIESEL." "QUALIFIED BIODIESEL" MEANS a 38 diesel motor fuel substitute produced from nonpetroleum renewable 39 resources that meets the registration requirements for fuels and fuel 40 additives established by the Environmental Protection Agency under 41 section 211 of the Clean Air Act (42 U.S.C. 7545) and that meets the 42 [American Society for Testing and Materials D6751-02a Standard Specifi- 43 cation for Biodiesel Fuel (B100) Blend Stock for Distillate Fuels] ASTM 44 INTERNATIONAL ACTIVE STANDARD D6751 FOR BIODIESEL FUEL. "UNQUALIFIED 45 BIODIESEL" MEANS A DIESEL MOTOR FUEL SUBSTITUTE PRODUCED FROM NONPETRO- 46 LEUM RENEWABLE RESOURCES THAT DOES NOT MEET THE ASTM INTERNATIONAL 47 ACTIVE STANDARD D6751 FOR BIODIESEL FUEL. 48 S 1-a. Subdivision 15 of section 282 of the tax law is REPEALED. 49 S 2. Subdivision 16 of section 282 of the tax law is REPEALED and two 50 new subdivisions 16 and 16-a are added to read as follows: 51 16. "NON-HIGHWAY DIESEL MOTOR FUEL" MEANS ANY DIESEL MOTOR FUEL THAT 52 IS DESIGNATED FOR USE OTHER THAN ON A PUBLIC HIGHWAY (EXCEPT FOR THE USE 53 OF THE PUBLIC HIGHWAY BY FARMERS TO REACH ADJACENT LANDS), AND IS DYED 54 DIESEL MOTOR FUEL AS DEFINED IN SUBDIVISION EIGHTEEN-A OF THIS SECTION. 55 16-A. "HIGHWAY DIESEL MOTOR FUEL" MEANS ANY DIESEL MOTOR FUEL WHICH IS 56 NOT NON-HIGHWAY DIESEL MOTOR FUEL.
S. 2811--B 35 1 S 3. Subdivision 18 of section 282 of the tax law, as added by chapter 2 302 of the laws of 2006, is renumbered subdivision 18-a and is amended 3 to read as follows: 4 18-a. "Dyed Diesel motor fuel" means Diesel motor fuel which [is 5 enhanced Diesel motor fuel and which] has been dyed in accordance with 6 and for the purpose of complying with the provisions of 26 USC S4082(a) 7 and the regulations thereunder, as may be amended from time to time. 8 S 4. Section 282 of the tax law is amended by adding a new subdivision 9 26 to read as follows: 10 26. "PUBLIC HIGHWAY" MEANS PUBLIC HIGHWAY AS DEFINED IN SUBDIVISION 11 SIX OF SECTION FIVE HUNDRED ONE OF THIS CHAPTER. 12 S 5. Subdivisions 2, 3, 4 and 5 of section 282-a of the tax law, 13 subdivision 2 and paragraph (b) of subdivision 3 as amended by chapter 14 245 of the laws of 1989, subdivisions 3, 4 and 5 as added by chapter 261 15 of the laws of 1988 and paragraph (c) of subdivision 3 as added by chap- 16 ter 302 of the laws of 2006, are amended to read as follows: 17 2. No person shall [engage] SELL OR USE DIESEL MOTOR FUEL within this 18 state [in the enhancement of Diesel motor fuel, make a sale or use of 19 Diesel motor fuel] (other than a retail sale not in bulk or self-use of 20 Diesel motor fuel which has been the subject of a retail sale), import 21 or cause the importation of Diesel motor fuel into the state or produce, 22 refine, manufacture or compound Diesel motor fuel within the state 23 unless such person shall be registered by the department [of taxation 24 and finance] as a distributor of Diesel motor fuel. Provided, the 25 commissioner [of taxation and finance] shall not register as a distribu- 26 tor of Diesel motor fuel any person who is engaged solely in one or both 27 of the following: (i) any person who makes or offers to make a retail 28 sale not in bulk of such fuel or (ii) any person who purchases Diesel 29 motor fuel in bulk in this state for the sole purpose of self-use. The 30 commissioner may, however, register as a distributor of kero-jet fuel 31 only a fixed base operator who makes no sales of kero-jet fuel other 32 than retail sales not in bulk delivered directly into the fuel tank of 33 an airplane for use in the operation of such airplane and who makes no 34 other sales of diesel motor fuel. Such registration shall apply only to 35 the wholesale purchase of kero-jet fuel and the retail sale of such fuel 36 not in bulk for delivery directly into the fuel tank of an airplane for 37 use in the operation thereof. Provided, further, that if the commission- 38 er is satisfied that full registration is not necessary in order to 39 protect tax revenues, the commissioner may limit or modify the require- 40 ment of registration as a distributor with respect to any person other- 41 wise required to register solely because such person engages in the sale 42 of NON-HIGHWAY Diesel motor fuel where such person makes sales of 43 NON-HIGHWAY Diesel motor fuel to the consumer solely for the purposes 44 described in subparagraph (i) of paragraph (b) of subdivision three of 45 this section, provided that if the commissioner so limits or modifies 46 such registration requirement with respect to such person, then such 47 registration shall apply only to the importation, sale and distribution 48 of SUCH NON-HIGHWAY Diesel motor fuel [for the purposes described in 49 such subparagraph (i)]. The commissioner [of taxation and finance] may 50 also waive any other requirement imposed by this article on such a 51 distributor. All the provisions of section two hundred eighty-three of 52 this article shall apply to applicants for registration and registrants 53 with respect to Diesel motor fuel, and, in addition, distributors with 54 respect to Diesel motor fuel shall be subject to all other provisions of 55 this article relating to distributors of motor fuel, including but not 56 limited to, the keeping of records, the fixing, determination and
S. 2811--B 36 1 payment of tax and filing of returns. PROVIDED, FURTHER, THE COMMISSION- 2 ER MAY LIMIT OR MODIFY THE REQUIREMENT OF REGISTRATION AS A DISTRIBUTOR 3 WITH RESPECT TO ANY PERSON WHO PRODUCES FOR SELF USE "UNQUALIFIED BIOD- 4 IESEL." 5 3. (a) The tax imposed by this section shall not apply to the sale of 6 untaxed Diesel motor fuel to or the use of such fuel by an organization 7 described in paragraph one or two of subdivision (a) of section eleven 8 hundred sixteen of this chapter where such Diesel motor fuel is used by 9 such organization for its own use or consumption. 10 (b) The tax on the [incident] INCIDENCE of sale or use imposed by 11 subdivision one of this section shall not apply to: (i) the sale [to] or 12 use [by the consumer of previously untaxed Diesel motor fuel which is 13 not enhanced Diesel motor fuel and which is used exclusively for heating 14 purposes or for the purpose of use or consumption directly and exclu- 15 sively in the production of tangible personal property, gas, electric- 16 ity, refrigeration or steam, for sale,] OF NON-HIGHWAY DIESEL MOTOR 17 FUEL, but only if all of such fuel is consumed other than on the PUBLIC 18 highways of this state (EXCEPT FOR THE USE OF THE PUBLIC HIGHWAY BY 19 FARMERS TO REACH ADJACENT FARMLANDS); provided, however, this exemption 20 shall in no event apply to a sale of NON-HIGHWAY Diesel motor fuel which 21 involves a delivery at a filling station or into a repository which is 22 equipped with a hose or other apparatus by which such fuel can be 23 dispensed into the fuel tank of a motor vehicle (EXCEPT FOR DELIVERY AT 24 A FARM SITE WHICH QUALIFIES FOR THE EXEMPTION UNDER SUBDIVISION (G) OF 25 SECTION THREE HUNDRED ONE-B OF THIS CHAPTER); or (ii) [the sale of 26 previously untaxed Diesel motor fuel which is not enhanced Diesel motor 27 fuel to a person registered under this article as a distributor of 28 Diesel motor fuel other than (A) a retail sale to such person or (B) a 29 sale to such person which involves a delivery at a filling station or 30 into a repository which is equipped with a hose or other apparatus by 31 which such fuel can be dispensed into the fuel tank of a motor vehicle; 32 or (iii) a sale or use of enhanced Diesel motor fuel to or by a consumer 33 exclusively for the purposes of heating specified in subparagraph (i) of 34 this paragraph but only if such enhanced Diesel motor fuel is delivered 35 into a storage tank which is not equipped with a hose or other apparatus 36 by which such fuel can be dispensed into the fuel tank of a motor vehi- 37 cle and such storage tank is attached to the heating unit burning such 38 fuel, provided that each delivery of such fuel of over four thousand 39 five hundred gallons shall be evidenced by a certificate signed by the 40 purchaser stating that the product will be used exclusively for heating 41 purposes; or (iv) a sale or use consisting of no more than four thousand 42 five hundred gallons of Diesel motor fuel in a thirty-day period to or 43 by a consumer who purchases or uses such fuel for use or consumption 44 directly and exclusively in the production for sale of tangible personal 45 property by farming but only if all of such fuel is delivered on the 46 farm site and is consumed other than on the highways of this state 47 (except for the use of the highway to reach adjacent farmlands) 48 provided, however, a farmer may purchase more than four thousand five 49 hundred gallons of Diesel motor fuel in a thirty-day period for such use 50 or consumption exempt from the tax in accordance with prior clearance 51 given by the commissioner of taxation and finance; or (v)] a sale to the 52 consumer consisting of not more than twenty gallons of water-white kero- 53 sene to be used and consumed exclusively for heating purposes; or [(vi)] 54 (III) the sale to or delivery at a filling station or other retail 55 vendor of water-white kerosene provided such filling station or other 56 retail vendor only sells such water-white kerosene exclusively for heat-
S. 2811--B 37 1 ing purposes in containers of no more than twenty gallons; or [(vii)] 2 (IV) a sale of kero-jet fuel to an airline for use in its airplanes or a 3 use of kero-jet fuel by an airline in its airplanes; or [(viii)] (V) a 4 sale of kero-jet fuel by a registered distributor of Diesel motor fuel 5 to a fixed base operator registered under this article as a distributor 6 of kero-jet fuel only where such fixed base operator is engaged solely 7 in making or offering to make retail sales not in bulk of kero-jet fuel 8 directly into the fuel tank of an airplane for the purpose of operating 9 such airplane; or [(ix)] (VI) a retail sale not in bulk of kero-jet fuel 10 by a fixed base operator registered under this article as a distributor 11 of kero-jet fuel only where such fuel is delivered directly into the 12 fuel tank of an airplane for use in the operation of such airplane. 13 (c) [Limited exemptions for dyed Diesel motor fuel. (i) The tax 14 imposed by this section shall not apply to: (A) the sale of dyed Diesel 15 motor fuel by the importer to a purchaser under the circumstances and 16 subject to the terms and conditions as follows: (1) the importer and 17 purchaser are each registered under this article as a full Diesel motor 18 fuel distributor; (2) such importer has imported the enhanced Diesel 19 motor fuel, which is the subject of the sale, into the state and has 20 dyed such fuel to comply with the provisions of 26 USC S 4082(a) and the 21 regulations thereunder, as may be amended from time to time; (3) the 22 purchaser is a holder of a currently valid direct payment permit issued 23 pursuant to section two hundred eighty-three-d of this article; and (4) 24 such purchaser is primarily engaged in the retail heating oil business 25 and such dyed Diesel motor fuel will be sold by such purchaser in a 26 retail sale to a consumer for use solely as residential or commercial 27 heating oil; (B) a first sale of the dyed Diesel motor fuel, which as 28 the subject of an exempt sale described in clause (A) of this subpara- 29 graph, by the purchaser described therein to a purchaser likewise hold- 30 ing a currently valid direct pay permit under the circumstances and 31 subject to the terms and conditions as follows: (1) the sale of such 32 second purchaser by such first purchaser is the first and only sale of 33 such dyed Diesel motor fuel by such first purchaser; (2) such second 34 purchaser is primarily engaged in the retail heating oil business and 35 such dyed Diesel motor fuel will be sold by such second purchaser in a 36 retail sale to a consumer for use solely as residential or commercial 37 heating oil; (3) on the sale to the second purchaser, such first 38 purchaser described in such clause (A) attaches to the invoice a copy of 39 the invoice given by the importer on the exempt sale described in such 40 clause (A), so as to identify the origin of the dyed Diesel fuel which 41 is the subject of the sale to such second purchaser; and (4) such second 42 purchaser certifies that such dyed Diesel motor fuel is to be sold by it 43 only to a consumer for use solely as residential or commercial heating 44 oil. (ii) Prior to, or at the time of, such sale of such dyed Diesel 45 motor fuel described in clause (A) or (B) of subparagraph (i) of this 46 paragraph, the purchaser shall give a certificate to the seller setting 47 forth the intended use of the dyed Diesel motor fuel which is sought to 48 be qualified for exemption under this paragraph, that the purchaser has 49 been issued a direct payment permit which is currently valid, that such 50 permit has not been suspended or revoked and that the purchaser other- 51 wise meets the qualifications of this paragraph. (iii) The limited 52 exemptions allowed under this paragraph shall in no event apply to any 53 dyed Diesel motor fuel which is delivered into a repository equipped 54 with hose or other apparatus capable of being used to dispense fuel into 55 the fuel tank of a motor vehicle, or where the purchaser's direct 56 payment permit has been suspended or revoked and the commissioner has
S. 2811--B 38 1 made generally available the identity of those persons whose direct 2 payment permits have been suspended or revoked.] NOTHING IN THIS ARTICLE 3 SHALL EXEMPT NON-HIGHWAY DIESEL MOTOR FUEL FROM THE IMPOSITION OF THE 4 TAX UNDER THIS SECTION, IF SUCH NON-HIGHWAY DIESEL MOTOR FUEL IS 5 INTENDED FOR USE ON THE WATERWAYS OF THE STATE INCLUDING ANY OTHER 6 WATERWAYS BORDERING ON THE STATE, FOR OPERATING PLEASURE OR RECREATIONAL 7 MOTOR BOATS THEREON. 8 4. The tax imposed by this section on Diesel motor fuel shall be 9 passed through by the seller and included as part of the selling price 10 to each purchaser of such fuel. Provided, however, the amount of the tax 11 imposed by this section may be excluded from the selling price of Diesel 12 motor fuel where (i) a sale of Diesel motor fuel is made to an organiza- 13 tion described in paragraph (a) of subdivision three of this section 14 solely for the purpose stated therein; (ii) a sale of [enhanced] 15 NON-HIGHWAY Diesel motor fuel is made to a consumer [exclusively for the 16 purposes of heating specified in subparagraph (i) of paragraph (b) of 17 subdivision three of this section] but only if such [enhanced] NON-HIGH- 18 WAY Diesel motor fuel is NOT DELIVERED TO A FILLING STATION, NOR deliv- 19 ered into a storage tank which is [not] equipped with a hose or other 20 apparatus by which such fuel can be dispensed into the fuel tank of a 21 motor vehicle [and such storage tank is attached to the heating unit 22 burning such fuel, provided that each delivery of such fuel of over four 23 thousand five hundred gallons shall be evidenced by a certificate signed 24 by the purchaser stating that the product will be used exclusively for 25 heating purposes; (iii) a sale is made consisting of no more than four 26 thousand five hundred gallons (or a greater amount which has been given 27 prior clearance by the commissioner of taxation and finance) of Diesel 28 motor fuel in a thirty-day period to a consumer who purchases such fuel 29 for use or consumption directly and exclusively in the production for 30 sale of tangible personal property by farming but only if all of such 31 fuel is consumed other than on the highways or waterways of this state]; 32 or [(iv)] (III) the sale to or delivery at a filling station or other 33 retail vendor of water-white kerosene provided such filling station or 34 other retail vendor only sells such water-white kerosene exclusively for 35 heating purposes in containers of no more than twenty gallons; or [(v)] 36 (IV) a sale of kero-jet fuel is made to an airline for use in its 37 airplanes. 38 5. All the provisions of this article relating to the administration 39 and collection of the taxes on motor fuel, except sections two hundred 40 eighty-three-a and two hundred eighty-three-b of this article, shall be 41 applicable to the tax imposed by this section with such limitation as 42 specifically provided for in this article with respect to Diesel motor 43 fuel and with such modification as may be necessary to adapt the 44 language of such provisions to the tax imposed by this section. With 45 respect to the bond or other security required by subdivision three of 46 section two hundred eighty-three of this article, the commissioner [of 47 taxation and finance], in determining the amount of bond or other secu- 48 rity required for the purpose of securing tax payments, shall take into 49 account the volume of [heating fuel] NON-HIGHWAY DIESEL MOTOR FUEL and 50 other Diesel motor fuel sold for exempt purposes by a distributor of 51 Diesel motor fuel during prior periods as a factor reducing potential 52 tax liability along with any other relevant factors in determining the 53 amount of security required. With respect to the bond required to be 54 filed prior to registration as a Diesel motor fuel distributor, no bond 55 shall be required of an applicant upon a finding of the applicant's 56 fiscal responsibility, as reflected by such factors as net worth,
S. 2811--B 39 1 current assets and liabilities, and tax reporting and payment history, 2 and the department shall not provide for a minimum bond of every appli- 3 cant. 4 S 6. Subdivision 7 of section 283 of the tax law, as amended by chap- 5 ter 261 of the laws of 1988, is amended to read as follows: 6 7. Temporary restraining order and permanent [injuction] INJUNCTION 7 against unlawful importation and forfeiture of unlawfully imported or 8 produced [automotive] MOTOR FUEL OR DIESEL MOTOR fuel. (a) Whenever 9 evidence is furnished by the commissioner [of taxation and finance] to 10 any justice of the supreme court, in court or at chambers, showing that 11 any person not registered as a distributor as required by this article 12 has imported [automotive fuel] MOTOR FUEL OR DIESEL MOTOR FUEL into this 13 state or caused [automotive] MOTOR FUEL OR DIESEL MOTOR fuel to be 14 imported into this state or has produced, refined, manufactured or 15 compounded [automotive fuel or has subjected diesel motor fuel to the 16 process of enhancement within this state] MOTOR FUEL OR DIESEL MOTOR 17 FUEL, such justice may make a temporary order without notice prohibiting 18 such person and his agents from selling, transferring or otherwise 19 disposing of any such fuel or any fuel and also prohibiting all other 20 persons in possession of or having control over the same from selling, 21 releasing, transferring or otherwise disposing of any [automotive fuel] 22 MOTOR FUEL OR DIESEL MOTOR FUEL imported, produced, refined, manufac- 23 tured, compounded, [enhanced,] sold or transferred by such person not so 24 registered pending a hearing for a preliminary injunction. 25 (b) Upon granting a temporary order, the court shall direct that a 26 hearing be held at the earliest possible time upon such notice and 27 service as the court shall direct and at the same time, if such action 28 has not yet been commenced, the commissioner [of taxation and finance] 29 shall commence an action in supreme court for a permanent injunction and 30 forfeiture of [automotive fuel] MOTOR FUEL OR DIESEL MOTOR FUEL pursuant 31 to paragraph (c) of this subdivision. Where, after such opportunity for 32 a hearing, the court determines that there is a substantial probability 33 that the commissioner will prevail in such action, the court shall grant 34 a preliminary injunction restraining the sale, release, transfer or 35 other disposition of fuel subject to the temporary order. 36 (c) (1) If it is established by clear and convincing evidence that 37 [automotive fuel] MOTOR FUEL OR DIESEL MOTOR FUEL was imported, caused 38 to be imported, produced, refined, manufactured or compounded [or diesel 39 motor fuel was subjected to the process of enhancement] by any person 40 not registered as a distributor as required by this article, the court 41 shall grant a judgment (i) permanently enjoining such person and his 42 agents from selling, transferring or otherwise disposing of any such 43 fuel or any fuel within this state and (ii) declaring the forfeiture of 44 any fuel that was so imported, caused to be imported, produced, refined, 45 manufactured, OR compounded [or enhanced] by such person. 46 (2) With respect to [automotive fuel] MOTOR FUEL OR DIESEL MOTOR FUEL 47 that was imported, caused to be imported, produced, refined, manufac- 48 tured or compounded, [or diesel motor fuel that was subjected to the 49 process of enhancement] by a person not registered as a distributor as 50 required by this article or that was unlawfully sold or transferred by 51 such person, if it is established by clear and convincing evidence that 52 any other person in possession of or having control over such fuel was 53 not a purchaser or transferee in good faith of such fuel with respect to 54 the fact that such fuel was so imported, caused to be imported, 55 produced, refined, manufactured, OR compounded [or enhanced] by a person 56 not registered as a distributor as required by this article or that such
S. 2811--B 40 1 fuel was so unlawfully sold or transferred by such person, the court 2 shall grant a judgment (i) permanently enjoining such other person and 3 his OR HER agents from selling, releasing, transferring or otherwise 4 disposing of any such fuel and (ii) declaring the forfeiture of such 5 fuel in the possession or under the control of such other person. 6 (d) The commissioner may, at any time subsequent to the granting of 7 the temporary order pursuant to paragraph (a) of this subdivision, in 8 his OR HER sole discretion consent to a sale of [automotive fuel] MOTOR 9 FUEL OR DIESEL MOTOR FUEL subject to such temporary order which is in 10 the possession or under the control of a person other than the person or 11 the agent of the person who imported, caused to be imported, produced, 12 refined, manufactured, compounded [or enhanced] or unlawfully sold or 13 transferred such fuel. As a condition of granting permission to a sale 14 of [automotive fuel] MOTOR FUEL OR DIESEL MOTOR FUEL pursuant to this 15 subdivision, the commissioner shall require the payment of all taxes, 16 penalties and interest imposed by and pursuant to the authority of this 17 chapter with respect to such fuel. 18 (e) (1) At any time during the pendency of an action under this 19 section, the [automotive fuel] MOTOR FUEL OR DIESEL MOTOR FUEL subject 20 to a temporary, preliminary or permanent order hereunder may be released 21 from the scope of such order if there is given an undertaking, in an 22 amount equal to the market value of such fuel plus state excise and 23 sales taxes and federal excise taxes, to the effect that there will be 24 paid to the commissioner the amount of the market value of such fuel and 25 such taxes in the event that such fuel is adjudged forfeited. 26 (2) Any person enjoined by a temporary order or a preliminary injunc- 27 tion issued pursuant to this subdivision may move at any time, on 28 notice, to vacate or modify it. 29 (f) The procedures of the civil practice law and rules applicable to 30 temporary restraining orders, preliminary injunctions and permanent 31 injunctions not inconsistent with this subdivision shall apply to tempo- 32 rary orders, preliminary injunctions and permanent injunctions issued 33 under this subdivision and any provision of this subdivision which is 34 not in accord with the constitutional mandate of such procedures of the 35 civil practice law and rules shall be deemed to be modified as necessary 36 to accord with such a mandate. The procedural provisions set forth in 37 paragraph three of subdivision (d) and in subdivision (j) of section 38 eighteen hundred forty-eight of this chapter shall apply to the forfei- 39 ture proceedings under this subdivision and, in respect to a declaration 40 of forfeiture under this subdivision, the court shall direct the commis- 41 sioner to sell or otherwise dispose of such forfeited [automotive fuel] 42 MOTOR FUEL OR DIESEL MOTOR FUEL on such conditions the commissioner 43 deems most advantageous and just under the circumstances. The commis- 44 sioner shall not be required to file any undertaking in connection with 45 an action pursuant to this subdivision. 46 S 7. Sections 283-d and 284-b of the tax law are REPEALED. 47 S 8. Subdivision 3 of section 285-b of the tax law, as amended by 48 chapter 245 of the laws of 1989, is amended to read as follows: 49 3. (a) The claim for or exemption from tax provided for in subpara- 50 graphs (i), (II), (iii), (iv), [(v),] AND (vi)[, (vii) and (ix)] of 51 paragraph (b) of subdivision three of section two hundred eighty-two-a 52 of this article shall be established by means of an exempt transaction 53 certificate. If any such exemption is applicable, such certificate shall 54 be provided by the purchaser to the seller at the time of or prior to 55 delivery of the Diesel motor fuel. Such exempt transaction certificate 56 shall set forth the name and address of the purchaser and the basis of
S. 2811--B 41 1 the exemption and shall be signed by such purchaser and by the seller. 2 Such certificate shall be in such form and contain such other informa- 3 tion as the commissioner [of taxation and finance] shall require. Where 4 a proper and complete exempt transaction certificate has been furnished 5 and accepted by the seller in good faith, such certificate under such 6 circumstance shall relieve the seller of the burden of proving that the 7 Diesel motor fuel covered by such certificate is exempt from tax by 8 reason of subparagraph (i), (II), (iii), (iv), [(v),] OR (vi)[, (vii) or 9 (ix)] of paragraph (b) of subdivision three of such section two hundred 10 eighty-two-a. Any purchaser who furnishes to his seller a false or frau- 11 dulent exempt transaction certificate for the purpose of establishing an 12 exemption from the tax imposed by section two hundred eighty-two-a of 13 this article shall be jointly and severally liable for the tax imposed 14 by such section. In lieu of an exempt transaction certificate, the 15 commissioner [of taxation and finance] may provide for the establishment 16 of such exemption by means of a procedure or other document which he OR 17 SHE deems appropriate so as to secure the revenues from the excise tax 18 on Diesel motor fuel. Provided, further, in the case of the exemption 19 provided by subparagraph (i) of paragraph (b) of subdivision three of 20 section two hundred eighty-two-a of this article, the commissioner shall 21 provide for an alternative procedure or other document signed only by 22 the seller, such as a metered delivery ticket, for the establishment of 23 such exemption in those cases where such commissioner is satisfied that 24 the use of such alternative procedure or other document will not jeop- 25 ardize the revenues from the excise tax on Diesel motor fuel. 26 (b) A claim for the exemption from tax provided for in subparagraph 27 [(ii) or (viii)] (V) of paragraph (b) of subdivision three of section 28 two hundred eighty-two-a of this article shall be established by means 29 of an interdistributor sale certificate. If such exemption is applica- 30 ble, such certificate shall be provided by the purchaser to the seller 31 at the time of or prior to delivery of the Diesel motor fuel. Such 32 certificate shall set forth the name and address of the purchaser, the 33 purchaser's registration number, an affirmation by such purchaser that 34 the purchaser is registered as a distributor and that such registration 35 has not been suspended or cancelled and shall be signed by such purchas- 36 er and by the seller. Such certificate shall be in such form and contain 37 such other information as the commissioner [of taxation and finance] 38 shall require. Where a proper and complete interdistributor sale certif- 39 icate has been furnished and accepted by the seller in good faith, such 40 certificate under such circumstance shall relieve the seller of the 41 burden of proving that the Diesel motor fuel covered by such certificate 42 is exempt from tax by reason of subparagraph [(ii) or (viii)] (V) of 43 paragraph (b) of subdivision three of such section two hundred eighty- 44 two-a. For purposes of this paragraph, a seller shall not have accepted 45 such certificate in good faith if the purchaser's registration is inval- 46 id because it has been suspended or cancelled, or if the purchaser is 47 not registered, and the commissioner [of taxation and finance] has 48 furnished registered distributors with information identifying all those 49 persons then validly registered as distributors of Diesel motor fuel and 50 those persons whose registrations have been suspended or cancelled. Any 51 purchaser who furnishes to his seller a false or fraudulent interdis- 52 tributor sale certificate for the purpose of establishing an exemption 53 from the tax imposed by section two hundred eighty-two-a of this article 54 shall be jointly and severally liable for the tax imposed by such 55 section.
S. 2811--B 42 1 S 9. Subdivision 1 of section 286 of the tax law, as amended by chap- 2 ter 302 of the laws of 2006, is amended to read as follows: 3 1. Every person who imports or causes to be imported into this state, 4 or who produces, refines, manufactures or compounds within this state, 5 or who purchases or sells in this state motor fuel or diesel motor fuel 6 or ingredients which may be manufactured or compounded into motor fuel 7 or diesel motor fuel, [or engages in the enhancement of diesel motor 8 fuel,] shall keep a complete and accurate record of all purchases and 9 sales, uses or other dispositions thereof and a complete and accurate 10 record of the number of gallons of motor fuel or diesel motor fuel or 11 such ingredients so imported, produced, refined, manufactured[,] OR 12 compounded [or enhanced]. Every person who stores motor fuel or diesel 13 motor fuel shall keep a complete and accurate record of the identity of 14 the person for whom such fuel is stored, the quantity and type of fuel 15 so stored, the identity of the person to whom such fuel is released from 16 storage and the quantity and type of fuel so released. Such records 17 shall be in such form and contain such other information as the commis- 18 sioner shall prescribe. Said commissioner, by rule or regulation, also 19 may require the delivery of statements to purchasers with consignments 20 of motor fuel or diesel motor fuel or such ingredients, and prescribe 21 the matters to be contained therein. Such records and statements, unless 22 required by the commissioner to be preserved for a longer period, shall 23 be preserved for a period of three years and shall be offered for 24 inspection at any time upon oral or written demand by such commissioner 25 or the commissioner's duly authorized agents. The commissioner is hereby 26 further authorized to examine the equipment of any such person pertain- 27 ing to the storage, sale or delivery of such fuels, as well as the stock 28 of such fuels in the possession or control of such person. To verify the 29 amount of tax due under this article, each such person is hereby 30 directed and required to give to the commissioner or the commissioner's 31 duly authorized representatives, the means, facilities and opportunity 32 for such examinations as are herein provided for and required. Nothing 33 CONTAINED in this section [contained] shall be construed to require the 34 keeping for purposes of this article of a record of purchases or sales 35 of motor fuel or diesel motor fuel or such ingredients at retail in 36 small quantities (less than thirty gallons) or of motor fuel or diesel 37 motor fuel imported into this state in the tank of a motor vehicle which 38 supplies the fuel for its operation. 39 S 10. Section 286-a of the tax law, as amended by chapter 261 of the 40 laws of 1988, is amended to read as follows: 41 S 286-a. Records and reports of transportation of [automotive] MOTOR 42 FUEL AND DIESEL MOTOR fuel. Every person transporting [automotive] MOTOR 43 FUEL OR DIESEL MOTOR fuel within this state, whether such transportation 44 originates within or without this state, when required by the [tax 45 commission] COMMISSIONER, shall keep a true and accurate record of all 46 [automotive] MOTOR FUEL AND DIESEL MOTOR fuel so transported, including 47 ingredients which may be manufactured or compounded into [automotive] 48 MOTOR FUEL OR DIESEL MOTOR fuel, showing such facts with relation to 49 such [automotive] fuel and ingredients and their transportation as the 50 [tax commission] COMMISSIONER may require. Such record shall be open to 51 inspection by the representatives of the department [of taxation and 52 finance] at any time and the [tax commission] COMMISSIONER may require 53 from any such person sworn returns of all or any part of the information 54 shown by such records. 55 S 11. Section 286-b of the tax law, as amended by chapter 261 of the 56 laws of 1988, is amended to read as follows:
S. 2811--B 43 1 S 286-b. Transportation of [automotive] MOTOR FUEL OR DIESEL MOTOR 2 fuel; manifest required. 1. The master or other person in charge of any 3 barge, tanker or other vessel in which [automotive] MOTOR FUEL OR DIESEL 4 MOTOR fuel is being transported over any of the navigable waters of this 5 state, the operator of a motor vehicle in which [automotive] MOTOR FUEL 6 OR DIESEL MOTOR fuel is being transported in this state, or the operator 7 of a pipeline through which [automotive] MOTOR FUEL OR DIESEL MOTOR fuel 8 is being transported in this state, other than [automotive] MOTOR FUEL 9 OR DIESEL MOTOR fuel being transported for use in operating the engine 10 which propels such vessel or motor vehicle, as the case may be, must 11 have in his OR HER possession a manifest which shows the name and 12 address of the person from whom such [automotive] fuel was received by 13 him OR HER and the place of receipt of such fuel and the name and 14 address of every person to whom he OR SHE is to make delivery of the 15 same and the place of delivery, together with the number of gallons to 16 be delivered to each such person, and, if such [automotive] fuel is 17 being imported into the state in such vessel, motor vehicle or pipeline 18 for use, storage, distribution or sale in the state, the name of the 19 distributor importing or causing such fuel to be imported into the state 20 and such other information as the [tax commission] COMMISSIONER may 21 require pursuant to rule or regulation, and shall at the request of a 22 peace officer, acting pursuant to his OR HER special duties, a police 23 officer, any representative of the department [of taxation and finance] 24 or any other person authorized by law to inquire into or investigate the 25 transportation of such [automotive] fuel, produce such manifest for 26 inspection. The person causing the operation of such vessel, motor vehi- 27 cle or pipeline shall be responsible to cause the operator of such 28 vessel, motor vehicle or pipeline to keep in his OR HER possession on 29 such vessel, in such motor vehicle or in the main control building of 30 such pipeline in this state the manifest required by this section. The 31 absence of the manifest required by this section shall give rise to a 32 presumption that the [automotive] MOTOR FUEL OR DIESEL MOTOR fuel being 33 transported is intended for sale, use, distribution or storage in this 34 state and is being imported or caused to be imported by other than a 35 registered distributor. Moreover, the absence of (1) the place of deliv- 36 ery of motor fuel OR DIESEL MOTOR FUEL on the manifest with respect to 37 [automotive] MOTOR FUEL OR DIESEL MOTOR fuel being imported into the 38 state shall give rise to a presumption that such fuel is being imported 39 into the state for use, distribution, storage or sale in the state and 40 (2) the name of a registered distributor on the manifest with respect to 41 [automotive] MOTOR FUEL OR DIESEL MOTOR fuel being imported into the 42 state for use, distribution, storage or sale in the state shall give 43 rise to a presumption that such fuel is being so imported or caused to 44 be imported by other than a registered distributor. Every barge, tanker 45 or other vessel so used for the transportation of motor fuel must be 46 plainly and visibly marked on both sides thereof and above the water 47 line with the word "Gasoline," or other name of the motor fuel being 48 transported, in letters at least eight inches high and of corresponding 49 appropriate width, or must be identified as prescribed by the [tax 50 commission] COMMISSIONER pursuant to rule or regulation. The master or 51 person in charge of such barge, tanker or other vessel, as well as the 52 owners thereof, shall be guilty of a violation of this section if such 53 barge, tanker or other vessel is not so marked. 54 2. The commissioner may, by regulation provide for the form and 55 content of the manifest required for [automotive] MOTOR AND DIESEL MOTOR 56 fuel and for the filing of monthly information returns by every person
S. 2811--B 44 1 required to maintain records, described in subdivision one of this 2 section, which shall in all material respects reflect the information 3 required to be contained in such records. Such returns shall be in such 4 form and contain such other information as the commissioner shall 5 require. 6 S 12. Subdivision 1 of section 287 of the tax law, as amended by chap- 7 ter 261 of the laws of 1988, is amended to read as follows: 8 1. Every distributor shall, on or before the twentieth day of each 9 month, file with the department [of taxation and finance] a return, on 10 forms to be prescribed by the commissioner and furnished by such depart- 11 ment, stating the number of gallons of motor fuel imported, manufactured 12 or sold by such distributor in the state during the preceding calendar 13 month and in the case of Diesel motor fuel, the number of gallons of 14 [enhanced] Diesel motor fuel imported[, the number of gallons enhanced] 15 and the number of gallons which have been sold or used. Provided, howev- 16 er, the commissioner may, if he OR SHE deems it necessary in order to 17 [insure] ENSURE the payment of the taxes imposed by this article, 18 require returns to be made at such times and covering such periods as he 19 OR SHE may deem necessary, and, by regulation, may permit the filing of 20 returns by distributors of Diesel motor fuel on a quarterly, semi-annual 21 or annual basis, or may waive the filing of returns by a distributor of 22 Diesel motor fuel for such time and upon such terms as he OR SHE may 23 deem proper if satisfied that no tax imposed by this article with 24 respect to Diesel motor fuel is or will be payable by him OR HER during 25 the time for which returns are waived. Such returns shall contain such 26 further information as the commissioner shall require. The fact that a 27 distributor's name is signed to a filed return shall be prima facie 28 evidence for all purposes that the return was actually signed by such 29 distributor. Each such distributor shall, with respect to motor fuel, 30 pay to the department with the filing of such return, the taxes imposed 31 by this article on each gallon of motor fuel imported, manufactured or 32 sold by such distributor in the state, and so reported, during the peri- 33 od covered by such return. Each distributor shall, with respect to 34 Diesel motor fuel, pay to the department with the filing of the return 35 the taxes imposed by this article on the number of gallons of Diesel 36 motor fuel sold or used or delivered to a filling station or delivered 37 into the fuel tank of a motor vehicle during the period covered by the 38 return. Provided, however, that where a distributor has purchased [auto- 39 motive] MOTOR FUEL OR DIESEL MOTOR fuel upon which the taxes imposed by 40 this article have been paid or paid over and in each instance the tax is 41 included in the price, a credit shall be allowed for the amount of such 42 taxes upon the subsequent sale of such fuel to the extent that such 43 taxes are so paid and included in the price. 44 S 13. Paragraphs (a) and (c) of subdivision 3 of section 289-c of the 45 tax law, paragraph (a) as amended by chapter 558 of the laws of 1965 and 46 paragraph (c) as amended by chapter 302 of the laws of 2006, are amended 47 to read as follows: 48 (a) Except as otherwise provided in paragraph (b) of this section, any 49 person who shall buy any motor fuel or diesel motor fuel, on which the 50 tax imposed by this article shall have been paid, and shall consume the 51 same in any manner except in the operation of a motor vehicle upon or 52 over the PUBLIC highways of this state, or in the operation of a pleas- 53 ure or recreational motor boat upon or over the waterways of the state 54 including waterways bordering on the state, shall be reimbursed the 55 amount of such tax in the manner and subject to the conditions herein 56 provided except that there shall be no reimbursement of tax paid on
S. 2811--B 45 1 motor fuel or diesel motor fuel taken out of this state in a fuel tank 2 connected with the engine of a motor vehicle and consumed outside of 3 this state. 4 (c) All claims for reimbursement shall be in such form and contain 5 such information as the commissioner shall prescribe and shall be filed 6 within three years from (i) the date of the purchase, in the case of the 7 purchaser; or (ii) the date of the sale, in the case of the seller, of 8 the motor fuel so subject to reimbursement. Every such claim shall 9 include a certificate by or on behalf of the party presenting the same 10 to the effect that it is just, true and correct, that no part thereof 11 has been paid, except as stated therein, and that the balance therein 12 stated is actually due and owing. The claimant shall satisfy the depart- 13 ment that the claimant has borne the tax and that the motor fuel has 14 been consumed by the claimant in a manner other than the operation of a 15 motor vehicle upon or over the PUBLIC highways of this state, the opera- 16 tion of a pleasure or recreational motorboat upon or over the waterways 17 of the state including waterways bordering on the state or, in the case 18 of an omnibus carrier, taxicab licensee, nonpublic school operator or 19 volunteer ambulance service, that the claimant has borne the tax and 20 that the amount claimed is the amount of such tax reimbursable under 21 paragraph (b), (d), (e) or (f) of THIS subdivision [three of this 22 section]. The department may require such further information or proof 23 as it shall deem necessary for the administration of such claim. Claims 24 for reimbursement approved by the department shall be paid from revenues 25 collected under this article and deposited to the credit of the comp- 26 troller as hereinafter provided; but no such claims shall be paid unless 27 the department is satisfied that the amount of the tax for which the 28 reimbursement is claimed has actually been collected by the state. The 29 amount of any erroneous or excessive payment to a claimant for 30 reimbursement may be determined by the department and may be recovered 31 from such claimant in the same manner as a tax imposed by this article, 32 provided, however, that any such determination shall be made within 33 three years after the date of such erroneous or excessive payment. 34 S 14. Subdivision 4 of sections 289-c of the tax law is REPEALED. 35 S 15. Subdivision 1 of section 289-e of the tax law, as amended by 36 section 5 of part EE of chapter 63 of the laws of 2000, is amended to 37 read as follows: 38 1. All taxes, interest, penalties and fees collected or received by 39 the commissioner under the taxes imposed by this article, except as 40 provided otherwise in subdivision two and subdivision three of this 41 section and sections two hundred eighty-two-b, two hundred eighty-two-c, 42 two hundred eighty-four-a and two hundred eighty-four-c, other than 43 [those imposed by section two hundred eighty-four-b and] the fee imposed 44 by section two hundred eighty-four-d and penalties and interest on such 45 fee, shall be deposited and disposed of pursuant to the provisions of 46 section one hundred seventy-one-a of this chapter; provided that an 47 amount equal to thirty-seven and one-half per centum of the moneys 48 collected under section two hundred eighty-four of this chapter shall be 49 appropriated and used for the acquisition of property necessary for the 50 construction and reconstruction of highways and bridges or culverts on 51 the state highway system, and for the construction, maintenance and 52 repair of such highways and bridges or culverts, all under the direction 53 of the commissioner of transportation. 54 S 16. Section 289-f of the tax law, as added by chapter 44 of the laws 55 of 1985, is amended to read as follows:
S. 2811--B 46 1 S 289-f. Joint administration of taxes. In addition to the powers 2 granted to the [tax commission] COMMISSIONER in this chapter, the 3 [commission] COMMISSIONER is hereby authorized to make provisions pursu- 4 ant to rules and regulations for the joint administration, in whole or 5 in part, of the state and local taxes imposed by article twenty-eight 6 and authorized to be imposed by article twenty-nine of this chapter upon 7 the sale of [automotive] MOTOR FUEL OR DIESEL MOTOR fuel and the taxes 8 imposed and authorized to be imposed by this article, including the 9 joint reporting, assessment, collection, determination and refund of 10 such taxes, and for that purpose to prescribe that any of the [commis- 11 sion's] COMMISSIONER'S functions under such articles, and any returns, 12 forms, statements, documents or information to be submitted to the 13 [commission] COMMISSIONER under such articles, any books and records to 14 be kept for purposes of the taxes imposed or authorized to be imposed by 15 such articles, any schedules of amounts to be collected under such arti- 16 cles, any registration required under such articles, and the payment of 17 taxes under such articles shall be on a joint basis with respect to the 18 taxes imposed by such articles. 19 S 17. Paragraph 2 of subdivision (b) and subdivisions (c), (k), (l) 20 and (m) of section 300 of the tax law, paragraph 2 of subdivision (b) as 21 amended by chapter 170 of the laws of 1994, subdivision (c) as added by 22 chapter 190 of the laws of 1990, subdivision (k) as amended by section 1 23 of part H of chapter 407 of the laws of 1999 and subdivisions (l) and 24 (m) as added by chapter 309 of the laws of 1996, are amended to read as 25 follows: 26 (2) With respect to diesel motor fuel, every corporation and unincor- 27 porated business (i) importing diesel motor fuel or causing diesel motor 28 fuel to be imported into the state for use, distribution, storage or 29 sale in the state, (ii) producing, refining, manufacturing or compound- 30 ing diesel motor fuel within the state, (iii) [engaging in the enhance- 31 ment of diesel motor fuel within the state, (iv)] making a sale or use 32 of diesel motor fuel in the state, other than a retail sale not in bulk 33 or self-use of diesel motor fuel which has been the subject of a retail 34 sale to such corporation or unincorporated business, or [(v)] (IV) 35 registered by the department [of taxation and finance] as a "distributor 36 of kero-jet fuel only" pursuant to the provisions of subdivision two of 37 section two hundred eighty-two-a of this chapter. Diesel motor fuel 38 brought into this state in the ordinary fuel tank connecting with the 39 engine of a motor vehicle, airplane or other conveyance, but not a 40 vessel (other than a recreational motor boat or a commercial fishing 41 vessel as defined in subdivision (j) of this section if the diesel motor 42 fuel imported into and consumed in this state is used to operate such 43 vessel while it is engaged in the harvesting of fish for sale), 44 propelled by the use of such diesel motor fuel and to be used only in 45 the operation thereof, shall not be deemed imported within the meaning 46 of this article, if not removed from such tank except as used in the 47 propulsion of such engine. 48 (c) [(1)] The [term (A)] TERMS (1) "diesel motor fuel" means such term 49 as defined in subdivision fourteen of section two hundred eighty-two of 50 this chapter [and regulations thereunder including any regulations 51 relating to product specifically designated "No. 4 diesel fuel" and not 52 suitable as a fuel used in the operation of a motor vehicle engine], and 53 [(B) "enhanced] (2) "HIGHWAY diesel motor fuel" means such term as 54 defined in subdivision [sixteen] SIXTEEN-A of section two hundred eight- 55 y-two of this chapter, and
S. 2811--B 47 1 [(C)(i) "nonautomotive type diesel motor fuel" as used in relation to 2 the rates of the tax imposed by section three hundred one-a of this 3 article means any diesel motor fuel, as described in subparagraph (A) of 4 this paragraph, which would be excluded from the diesel motor fuel 5 excise tax imposed by section two hundred eighty-two-a of this chapter 6 solely by reason of the enumerated exclusions based on ultimate use of 7 the product set forth in paragraph (b) of subdivision three of such 8 section, and (ii) "automotive-type diesel motor fuel" as used in 9 relation to the rates of tax imposed by such section three hundred one-a 10 means diesel motor fuel which is not nonautomotive-type diesel motor 11 fuel.] 12 (3) "NON-HIGHWAY DIESEL MOTOR FUEL" MEANS SUCH TERM AS DEFINED IN 13 SUBDIVISION SIXTEEN OF SECTION TWO HUNDRED EIGHTY-TWO OF THIS CHAPTER. 14 [(2)] (4) As used in this article, references to persons or petroleum 15 businesses registered under article twelve-A of this chapter as distrib- 16 utors of diesel motor fuel shall include all such persons or petroleum 17 businesses registered under such article as distributors of diesel motor 18 fuel and persons or petroleum businesses operating under valid limited 19 registrations relating to persons or petroleum businesses making retail 20 sales of diesel motor fuel to consumers solely for the purposes 21 described in subparagraph (i) of paragraph (b) of subdivision three of 22 section two hundred eighty-two-a of this chapter, but such references 23 shall not include persons and petroleum businesses registered as 24 "distributors of kero-jet fuel only" pursuant to the provisions of 25 subdivision two of section two hundred eighty-two-a of this chapter. 26 (k) "Commercial gallonage" means gallonage (1) which is [nonautomo- 27 tive-type] NON-HIGHWAY diesel motor fuel [(which is not enhanced diesel 28 motor fuel)] or residual petroleum product, (2) which is included in the 29 full measure of the [nonautomotive-type] NON-HIGHWAY diesel motor fuel 30 component or the residual petroleum product component of the tax imposed 31 under section three hundred one-a of this article, [and] (3) which does 32 not (and will not) qualify (A) for the utility credit or reimbursement 33 provided for in section three hundred one-d of this article, (B) as 34 "manufacturing gallonage", as such term is defined in subdivision (m) of 35 this section, (C) for the not-for-profit organization exemption provided 36 for in subdivision (h) of section three hundred one-b of this article, 37 or (D) for the heating exemption provided for in paragraph two of subdi- 38 vision (d) of section three hundred one-b of this article or the heating 39 reimbursement provided for in paragraph two of subdivision (a) of 40 section three hundred one-c of this article, AND (4) WHICH WILL NOT BE 41 USED NOR HAS BEEN USED IN THE FUEL TANK CONNECTING WITH THE ENGINE OF A 42 VESSEL. No gallonage shall qualify as "commercial gallonage" where such 43 gallonage is eligible for the (i) utility credit or reimbursement under 44 such section three hundred one-d of this article, (ii) [if before Janu- 45 ary first, nineteen hundred ninety-eight, the manufacturing exemption or 46 reimbursement under paragraph one of subdivision (b) of section three 47 hundred one-j of this article and, if on or after January first, nine- 48 teen hundred ninety-eight, the] "manufacturing exemption" under para- 49 graph [four] THREE of subdivision (f) of section three hundred one-a of 50 this article, (iii) [the] not-for-profit organization exemption under 51 subdivision (h) of section three hundred one-b of this article, or (iv) 52 heating exemption provided for in paragraph two of subdivision (d) of 53 section three hundred one-b of this article or the heating reimbursement 54 provided for in paragraph two of subdivision (a) of section three 55 hundred one-c of this article. The commissioner shall require such docu-
S. 2811--B 48 1 mentary proof to substantiate the classification of product as "commer- 2 cial gallonage" as the commissioner deems appropriate. 3 (l) "Railroad diesel" means NON-HIGHWAY diesel motor fuel for use and 4 consumption directly and exclusively in the operation of a locomotive or 5 a self-propelled vehicle run only on rails or tracks, but only if either 6 (1) all such fuel is delivered into a storage facility which is not 7 equipped with a hose or other apparatus by which such fuel can be 8 dispensed into the fuel tank of a motor vehicle and such facility is 9 used only to fuel such locomotives or such self-propelled vehicles, or 10 (2) in accordance with the terms of sale, all such fuel is delivered 11 directly into the tank of a locomotive or self-propelled vehicle. 12 Provided, however, that a sale to a purchaser who will use such 13 NON-HIGHWAY diesel motor fuel as "railroad diesel" shall be evidenced by 14 a certificate signed by the purchaser stating that such diesel motor 15 fuel will be used and consumed as prescribed in this subdivision and the 16 commissioner may require such other information as the commissioner 17 deems appropriate. 18 (m) "Manufacturing gallonage" means residual petroleum product or 19 NON-HIGHWAY diesel motor fuel [(which is not enhanced diesel motor 20 fuel)] used and consumed directly and exclusively in the production of 21 tangible personal property for sale by manufacturing, processing or 22 assembly, but only if (I) all of such fuel or product is delivered on 23 the manufacturing site [and is consumed other than on the highways of 24 this state], OR (II) THE PURCHASER CAUSES SUCH FUEL OR PRODUCT TO BE 25 DELIVERED TO ITS MANUFACTURING SITE. "Manufacturing gallonage" shall in 26 no event [include diesel motor fuel] BE CONSUMED ON THE PUBLIC HIGHWAYS 27 OF THIS STATE OR delivered at a filling station or into a repository 28 which is equipped with a hose or other apparatus by which such fuel can 29 be dispensed into the fuel tank of a motor vehicle. The commissioner 30 shall require such documentary proof to substantiate the classification 31 of product as "manufacturing gallonage" as the commissioner deems appro- 32 priate. 33 S 18. Section 301 of the tax law is REPEALED. 34 S 19. Subdivision (a), paragraph 1 of subdivision (b) and subdivisions 35 (c), (e), (f) and (h) of section 301-a of the tax law, subdivision (a) 36 as amended by section 1 of part U of chapter 63 of the laws of 2000, 37 paragraph 1 of subdivision (b) and paragraph 1 of subdivision (c) as 38 amended by section 154 of part A of chapter 389 of the laws of 1997, 39 subdivisions (c), (e), (f) and (h) as added by chapter 190 of the laws 40 of 1990, paragraph 3 of subdivision (e) and paragraph 3 of subdivision 41 (f) as amended by chapter 170 of the laws of 1994 and paragraph 4 of 42 subdivision (e) and paragraph 4 of subdivision (f) as added by chapter 43 309 of the laws of 1996, are amended to read as follows: 44 (a) General. Notwithstanding any other provision of this chapter, or 45 of any other law, [for taxable months commencing on or after the first 46 day of September, nineteen hundred ninety,] there is hereby imposed upon 47 every petroleum business for the privilege of engaging in business, 48 doing business, employing capital, owning or leasing property, or main- 49 taining an office in this state, a monthly tax for each or any part of a 50 taxable month equal to the sum of the motor fuel component determined 51 pursuant to subdivision (b) of this section, the [automotive-type] HIGH- 52 WAY diesel motor fuel component determined pursuant to paragraph one of 53 subdivision (c) of this section, the [nonautomotive-type] NON-HIGHWAY 54 diesel motor fuel component determined pursuant to paragraph two of 55 subdivision (c) of this section and the residual petroleum product 56 component determined pursuant to subdivision (d) of this section.
S. 2811--B 49 1 (1) The motor fuel component shall be determined by multiplying the 2 motor fuel and [automotive-type] HIGHWAY diesel motor fuel rate times 3 the number of gallons of (1) motor fuel imported or caused to be 4 imported into this state by the petroleum business for use, distrib- 5 ution, storage or sale in the state or (2) produced, refined, manufac- 6 tured or compounded in the state by the petroleum business during the 7 month covered by the return under this article. Provided, however, that 8 no motor fuel shall be included in the measure of the tax unless it 9 shall have previously come to rest within the meaning of federal deci- 10 sional law interpreting the United States constitution, nor shall any 11 motor fuel be included in the measure of the tax imposed by this article 12 more than once. 13 (c) (1) [Automotive-type] HIGHWAY Diesel motor fuel component. (A) The 14 [automotive-type] HIGHWAY diesel motor fuel component shall be deter- 15 mined by multiplying the motor fuel and [automotive-type] HIGHWAY diesel 16 motor fuel rate times (1) the number of gallons of [automotive-type] 17 HIGHWAY diesel motor fuel sold or used by a petroleum business in this 18 state during the month covered by the return under this article and (2) 19 with respect to any gallonage which prior thereto has not been included 20 in the measure of the tax imposed by this article, times the number of 21 gallons of HIGHWAY diesel motor fuel delivered (i) to a filling station 22 or (ii) into the fuel tank connecting with the engine of a motor vehicle 23 for use in the operation thereof, whichever of the latter two events 24 shall be the first to occur. Provided, however, that no HIGHWAY diesel 25 motor fuel shall be included in the measure of the tax unless it shall 26 have previously come to rest within the meaning of federal decisional 27 law interpreting the United States constitution, nor decisional law, nor 28 shall any HIGHWAY diesel motor fuel be included in the measure of the 29 tax imposed by this article more than once. 30 (B) [Diesel] HIGHWAY DIESEL motor fuel brought into this state in the 31 fuel tank connecting with the engine of a vessel propelled by the use of 32 such diesel motor fuel shall be deemed to constitute a taxable use of 33 diesel motor fuel for the purpose of this paragraph to the extent of the 34 fuel that is consumed in the operation of the vessel in this state. 35 Provided, however, this paragraph shall not apply to (i) a recreational 36 motor boat or (ii) [subsequent to August thirty-first, nineteen hundred 37 ninety-four,] a commercial fishing vessel (as defined in subdivision (j) 38 of section three hundred of this article) if the HIGHWAY diesel motor 39 fuel imported into and consumed in this state is used to operate such 40 commercial fishing vessel while it is engaged in the harvesting of fish 41 for sale. Provided, further, that tax liability for gallonage that a 42 vessel consumes in this state shall be the tax liability with respect to 43 the positive difference between the gallonage consumed in this state 44 during the reporting period and the gallonage purchased in this state 45 (upon which the tax imposed by this section has been paid) during such 46 period. A credit or refund shall be available for any excess of tax 47 liability for gallonage purchased in this state during the period over 48 tax liability on gallonage so consumed in this state during such period, 49 which excess shall be presumed to have been used outside this state. 50 (2) [Nonautomotive-type] NON-HIGHWAY diesel motor fuel component. The 51 [nonautomotive-type] NON-HIGHWAY diesel fuel component shall be deter- 52 mined by multiplying the [nonautomotive-type] NON-HIGHWAY diesel motor 53 fuel rate times the number of gallons of [nonautomotive-type] NON-HIGH- 54 WAY diesel motor fuel sold or used by a petroleum business in this state 55 during the month covered by the return under this section. Provided, 56 however, that no NON-HIGHWAY diesel motor fuel shall be included in the
S. 2811--B 50 1 measure of the tax unless it shall have previously come to rest within 2 the meaning of federal decisional law interpreting the United States 3 constitution, nor shall any [nonautomotive-type] NON-HIGHWAY diesel 4 motor fuel be included in the measure of the tax imposed by this article 5 more than once. 6 (e) Motor fuel and [automotive-type] HIGHWAY diesel motor fuel rate. 7 (1) The basic motor fuel and HIGHWAY diesel [automotive-type] motor fuel 8 rate shall be [five and one-half] TEN AND TWO-TENTHS cents per gallon. 9 (2) [Commencing April first, nineteen hundred ninety-one, the motor 10 fuel and automotive-type diesel motor fuel rate shall be the product of 11 the basic rate set forth in paragraph one of this subdivision multiplied 12 by a fraction, the numerator of which is the sum of the monthly producer 13 price index (unadjusted) published by the bureau of labor statistics of 14 the United States department of labor for the category of commodities 15 designated "refined petroleum products" for the twelve consecutive 16 months ending with the month of November, nineteen hundred ninety, and 17 the denominator of which is the sum of the monthly producer price index 18 (unadjusted) published by the bureau of labor statistics of the United 19 States department of labor for the category of commodities designated 20 "refined petroleum products" for the twelve consecutive months ending 21 with the month of November, nineteen hundred eighty-nine. 22 (3) Commencing on the first day of January, nineteen hundred ninety- 23 two, the motor fuel and automotive-type diesel motor fuel rate then in 24 effect on the immediately preceding December thirty-first shall be 25 adjusted as follows: such rate shall be multiplied by a fraction the 26 numerator of which is the sum of the monthly producer price index (unad- 27 justed) published by the bureau of labor statistics of the United States 28 department of labor for the category of commodities designated "refined 29 petroleum products" for the twelve consecutive months ending with the 30 month of August, nineteen hundred ninety-one and the denominator of 31 which is the sum of the monthly producer price index (unadjusted) 32 published by the bureau of labor statistics of the United States depart- 33 ment of labor for the category of commodities designated "refined petro- 34 leum products" for the twelve consecutive months ending with the month 35 of August, nineteen hundred ninety. Commencing on the first day of Janu- 36 ary of nineteen hundred ninety-six and every] EVERY year [thereafter] AS 37 OF JANUARY FIRST, the motor fuel and [automotive-type] HIGHWAY diesel 38 motor fuel rate then in effect on the immediately preceding December 39 thirty-first shall be adjusted as follows: such rate shall be multiplied 40 by a fraction the numerator of which is the sum of the monthly producer 41 price index (unadjusted) published by the bureau of labor statistics of 42 the United States department of labor for the category of commodities 43 designated "refined petroleum products" for the twelve consecutive 44 months ending with the month of August of the immediately preceding year 45 and the denominator of which is the sum of the monthly producer price 46 index (unadjusted) published by the bureau of labor statistics of the 47 United States department of labor for the category of commodities desig- 48 nated "refined petroleum products" for the twelve consecutive months 49 ending with the month of August in the year prior to such immediately 50 preceding year, provided, however, that the adjusted rate [to take 51 effect on January first, nineteen hundred ninety-six and each January 52 first thereafter] shall not increase above or decrease below the rate in 53 effect on the immediately preceding December thirty-first by more than 54 five percent. 55 [(4)] (3) Notwithstanding any other provision of this article, 56 [commencing January first, nineteen hundred ninety-seven,] the per
S. 2811--B 51 1 gallon rate with respect to "railroad diesel" shall be the adjusted 2 motor fuel and [automotive-type] HIGHWAY diesel motor fuel rate under 3 paragraphs one [through three] AND TWO of this subdivision [for the 4 period commencing such January first, nineteen hundred ninety-seven,] 5 minus one and three tenths cents per gallon. [Commencing on the first 6 day of January each year thereafter, the per gallon rate with respect to 7 "railroad diesel" shall be determined by taking the then motor fuel and 8 automotive-type diesel motor fuel rate under paragraphs one through 9 three of this subdivision which commences on such first day of January 10 and subtracting one and three tenths cents per gallon.] 11 (f) [Nonautomotive-type] NON-HIGHWAY diesel motor fuel rate. 12 (1) The basic [nonautomotive-type] NON-HIGHWAY diesel motor fuel rate 13 shall be [five] NINE AND THREE-TENTHS cents per gallon. 14 (2) [Commencing April first, nineteen hundred ninety-one, the nonauto- 15 motive-type diesel motor fuel rate shall be the product of the basic 16 rate set forth in paragraph one of this subdivision multiplied by a 17 fraction the numerator of which is the sum of the monthly producer price 18 index (unadjusted) published by the bureau of labor statistics of the 19 United States department of labor for the category of commodities desig- 20 nated "refined petroleum products" for the twelve consecutive months 21 ending with the month of November, nineteen hundred ninety, and the 22 denominator of which is the sum of the monthly producer price index 23 (unadjusted) published by the bureau of the labor statistics of the 24 United States department of labor for the category of commodities desig- 25 nated "refined petroleum products" for the twelve consecutive months 26 ending with the month of November, nineteen hundred eighty-nine. 27 (3) Commencing on the first day of January, nineteen hundred ninety- 28 two, the nonautomotive-type diesel motor fuel rate then in effect on the 29 immediately preceding December thirty-first shall be adjusted as 30 follows: Such rate shall be multiplied by a fraction the numerator of 31 which is the sum of the monthly producer price index (unadjusted) 32 published by the bureau of labor statistics of the United States depart- 33 ment of labor for the category of commodities designated "refined petro- 34 leum products" for the twelve consecutive months ending with the month 35 of August, nineteen hundred ninety-one and the denominator of which is 36 the sum of the monthly producer price index (unadjusted) published by 37 the bureau of labor statistics of the United States department of labor 38 for the category of commodities designated "refined petroleum products" 39 for the twelve consecutive months ending with the month of August, nine- 40 teen hundred ninety. Commencing on the first day of January of nineteen 41 hundred ninety-six and every] EVERY year [thereafter,] AS OF JANUARY 42 FIRST the [nonautomotive-type] NON-HIGHWAY diesel motor fuel rate then 43 in effect on the immediately preceding December thirty-first shall be 44 adjusted as follows: Such rate shall be multiplied by a fraction the 45 numerator of which is the sum of the monthly producer price index (unad- 46 justed) published by the bureau of labor statistics of the United States 47 department of labor for the category of commodities designated "refined 48 petroleum products" for the twelve consecutive months ending with the 49 month of August of the immediately preceding year and the denominator of 50 which is the sum of the monthly producer price index (unadjusted) 51 published by the bureau of labor statistics of the United States depart- 52 ment of labor for the category of commodities designated "refined petro- 53 leum products" for the twelve consecutive months ending with the month 54 of August in the year prior to such immediately preceding year, 55 provided, however, that the adjusted rate [to take effect on January 56 first, nineteen hundred ninety-six and each January first thereafter]
S. 2811--B 52 1 shall not increase above or decrease below the rate in effect on the 2 immediately preceding December thirty-first by more than five percent. 3 [(4)] (3) Notwithstanding any other provision of this article, 4 [commencing January first, nineteen hundred ninety-eight, nonautomo- 5 tive-type] NON-HIGHWAY diesel motor fuel which is "manufacturing gallo- 6 nage," as such term is defined in subdivision (m) of section three 7 hundred of this article, shall be exempt from the measure of the [nonau- 8 tomotive-type] NON-HIGHWAY diesel motor fuel component of the tax 9 imposed under this section. 10 (h) Publication and rounding of rate. (1) The commissioner [of taxa- 11 tion and finance] shall cause to be published in the section for miscel- 12 laneous notices in the state register, and give other appropriate gener- 13 al notice of, the rate adjustment calculation and the resulting motor 14 fuel and [automotive-type] HIGHWAY diesel motor fuel rate, [nonautomo- 15 tive-type] NON-HIGHWAY diesel motor fuel rate and residual petroleum 16 product rate fixed by this section for the period commencing on [April 17 first, nineteen hundred ninety-one, no later than the immediately 18 preceding first day of March] JANUARY FIRST, TWO THOUSAND TWELVE, and 19 for each calendar year thereafter, no later than the immediately preced- 20 ing first day of December. The calculation and publication of the rates 21 of tax so fixed by provisions of this section shall not be included 22 within paragraph (a) of subdivision two of section one hundred two of 23 the state administrative procedure act relating to the definition of a 24 rule. 25 (2) The rates determined pursuant to this section shall be rounded to 26 the nearest one-tenth of one cent. 27 S 19-a. Subdivision (k) of section 301-a of the tax law is REPEALED. 28 S 20. Section 301-a of the tax law is amended by adding a new subdivi- 29 sion (m) to read as follows: 30 (M) SPECIAL RATE ADJUSTMENT FOR CERTAIN VESSELS. NOTWITHSTANDING ANY 31 PROVISION OF THIS SECTION TO THE CONTRARY, THE USE OF NON-HIGHWAY DIESEL 32 MOTOR FUEL IN THE ENGINE OF A VESSEL TO PROPEL SUCH VESSEL SHALL BE 33 SUBJECT TO TAX AT THE MOTOR FUEL AND HIGHWAY DIESEL MOTOR FUEL RATE 34 PROVIDED FOR IN THIS SECTION, AND SHALL BE SUBJECT TO THE PROVISIONS OF 35 SECTION THREE HUNDRED ONE-J OF THIS ARTICLE, INCLUDING THE ADJUSTMENT 36 SET FORTH IN PARAGRAPH FOUR OF SUBDIVISION (A) OF SUCH SECTION THREE 37 HUNDRED ONE-J. A CREDIT OR REFUND SHALL BE AVAILABLE TO THE EXTENT TAX 38 PAID ON GALLONAGE USED TO PROPEL ANY SUCH VESSEL EXCEEDS THE AMOUNT OF 39 TAX DUE BASED ON THE TAX RATE SET FORTH HEREIN. PROVIDED, HOWEVER, THAT 40 THE COMMISSIONER SHALL REQUIRE SUCH DOCUMENTARY PROOF TO QUALIFY FOR ANY 41 CREDIT OR REIMBURSEMENT PROVIDED HEREUNDER AS THE COMMISSIONER DEEMS 42 APPROPRIATE. 43 S 21. Paragraph 2 of subdivision (b), paragraphs 2 and 3 of subdivi- 44 sion (c), subdivisions (d) and (e), paragraph 1 of subdivision (f) and 45 subdivisions (g), (h) and (i) of section 301-b of the tax law, paragraph 46 2 of subdivision (b) and paragraphs 2 and 3 of subdivision (c) and 47 subdivision (e) as added by chapter 190 of the laws of 1990, the opening 48 paragraph of paragraph 2 of subdivision (b) as amended by section 155 of 49 part A of chapter 389 of the laws of 1997, subdivision (d) as amended by 50 section 2 of part H of chapter 407 of the laws of 1999 and subparagraph 51 (C) of paragraph 2 of subdivision (d) as amended by section 1 of part X 52 of chapter 63 of the laws of 2000, paragraph 1 of subdivision (f) as 53 added by chapter 166 of the laws of 1991, subdivision (g) as added by 54 chapter 170 of the laws of 1994, subdivision (h) as amended by chapter 55 302 of the laws of 2006 and subdivision (i) as added by chapter 468 of 56 the laws of 2000, are amended to read as follows:
S. 2811--B 53 1 (2) [Enhanced] HIGHWAY diesel motor fuel imported or caused to be 2 imported into this state or produced, refined, manufactured or 3 compounded in this state by a petroleum business registered under arti- 4 cle twelve-A of this chapter, as a distributor of diesel motor fuel, 5 which is sold by such petroleum business to a purchaser who then exports 6 such HIGHWAY diesel motor fuel from this state for sale or use outside 7 the state where 8 (A) such purchaser exporting such fuel is duly registered with or 9 licensed by the taxing authorities of the state to which such fuel is 10 exported as a distributor or a dealer in the product being so exported, 11 (B) in connection with the exportation, such fuel was immediately 12 shipped to an identified facility in the state to which such fuel is 13 exported, and 14 (C) the rules and regulations of the commissioner [of taxation and 15 finance] relating to evidentiary requirements are complied with. 16 (2) [Enhanced] HIGHWAY diesel motor fuel imported or caused to be 17 imported into this state or produced, refined, manufactured or 18 compounded by a petroleum business registered under article twelve-A of 19 this chapter, as a distributor of diesel motor fuel, and then sold by 20 such petroleum business to an organization described in paragraph one or 21 two of subdivision (a) of section eleven hundred sixteen of this chapter 22 where such HIGHWAY DIESEL motor fuel is used by such organization for 23 its own use or consumption. 24 (3) NON-HIGHWAY Diesel motor fuel[, which is not enhanced diesel motor 25 fuel,] sold by a petroleum business registered under article twelve-A of 26 this chapter as a distributor of diesel motor fuel to an organization 27 described in paragraph one or two of subdivision (a) of section eleven 28 hundred sixteen of this chapter where such NON-HIGHWAY diesel motor fuel 29 is used by such organization for its own use or consumption. 30 (d) Sales to consumers for heating purposes. (1) Total residential 31 heating exemption. [(A) Unenhanced] NON-HIGHWAY diesel motor fuel sold 32 by a petroleum business registered under article twelve-A of this chap- 33 ter as a distributor of diesel motor fuel or residual petroleum product 34 sold by a petroleum business registered under this article as a residual 35 petroleum product business to the consumer exclusively for residential 36 heating purposes[. 37 (B) Enhanced diesel motor fuel sold by a petroleum business registered 38 under article twelve-A of this chapter as a distributor of diesel motor 39 fuel to the consumer exclusively for residential heating purposes but] 40 only if such [enhanced] NON-HIGHWAY diesel motor fuel is delivered into 41 a storage tank which is not equipped with a hose or other apparatus by 42 which such fuel can be dispensed into the fuel tank of a motor vehicle 43 and such storage tank is attached to the heating unit burning such 44 fuel[, provided, that with respect to each delivery of such fuel over 45 four thousand five hundred gallons, to obtain this exemption there shall 46 be required a certificate signed by the purchaser stating that the prod- 47 uct will be used exclusively for residential heating purposes]. 48 (2) Partial non-residential heating exemption. (A) [Unenhanced] 49 NON-HIGHWAY diesel motor fuel sold by a petroleum business registered 50 under article twelve-A of this chapter as a distributor of diesel motor 51 fuel or residual petroleum product sold by a petroleum business regis- 52 tered under this article as a residual petroleum product business to the 53 consumer exclusively for heating, other than residential heating 54 purposes[. 55 (B) Enhanced diesel motor fuel sold by a petroleum business registered 56 under article twelve-A of this chapter as a distributor of diesel motor
S. 2811--B 54 1 fuel to the consumer exclusively for heating, other than residential 2 heating purposes, but] only if such [enhanced] NON-HIGHWAY diesel motor 3 fuel is delivered into a storage tank which is not equipped with a hose 4 or other apparatus by which such fuel can be dispensed into the fuel 5 tank of a motor vehicle and such storage tank is attached to the heating 6 unit burning such fuel[, provided, that with respect to each delivery of 7 such fuel over four thousand five hundred gallons, to obtain this 8 exemption there shall be required a certificate signed by the purchaser 9 stating that the product will be used exclusively for heating, other 10 than residential heating purposes. 11 (C)] (B) Calculation of partial exemption. [Notwithstanding any other 12 provision of this article, commencing April first, two thousand one and 13 ending August thirty-first, two thousand two, the amount of the partial 14 exemption under this paragraph shall be determined by multiplying the 15 quantity of diesel motor fuel and residual petroleum product eligible 16 for the exemption times the sum of the then current rate of the supple- 17 mental tax imposed by section three hundred one-j of this article and 18 twenty percent of the then current rate of the tax imposed by section 19 three hundred one-a of this article, with respect to the specific diesel 20 motor fuel or residual petroleum product rate, as the case may be, and 21 commencing September first, two thousand two, the amount of the] THE 22 partial exemption under this paragraph shall be determined by multiply- 23 ing the quantity of NON-HIGHWAY diesel motor fuel and residual petroleum 24 product eligible for the exemption times the sum of the then current 25 rate of the supplemental tax imposed by section three hundred one-j of 26 this article and forty-six percent of the then current rate of the tax 27 imposed by section three hundred one-a of this article, with respect to 28 the specific NON-HIGHWAY diesel motor fuel or residual petroleum product 29 rate, as the case may be. 30 (e) Sales of NON-HIGHWAY diesel motor fuel and residual petroleum 31 product to registered distributors of diesel motor fuel and registered 32 residual petroleum product businesses. 33 (1) NON-HIGHWAY Diesel motor fuel[, which is not enhanced diesel motor 34 fuel,] sold by a person registered under article twelve-A of this chap- 35 ter as a distributor of diesel motor fuel to a person registered under 36 such article twelve-A as a distributor of diesel motor fuel where such 37 sale is not a retail sale or a sale that involves a delivery at a fill- 38 ing station or into a repository equipped with a hose or other apparatus 39 by which such NON-HIGHWAY DIESEL MOTOR fuel can be dispensed into the 40 fuel tank of a motor vehicle. 41 (2) Residual petroleum product sold by a person registered under this 42 article as a residual petroleum product business to a person registered 43 under this article as a residual petroleum product business where such 44 sale is not a retail sale. Provided, however, that the commissioner [of 45 taxation and finance] may require such documentary proof to qualify for 46 any exemption provided in this section as the commissioner deems appro- 47 priate, including the expansion of any certifications required pursuant 48 to section two hundred eighty-five-a or two hundred eighty-five-b of 49 this chapter to cover the taxes imposed by this article. 50 (1) Residual petroleum product and NON-HIGHWAY diesel motor fuel 51 [(which is not enhanced diesel motor fuel)] sold to an electric corpo- 52 ration, as described in subdivision (a) of section three hundred one-d 53 of this article, which is registered with the department [of taxation 54 and finance] as a petroleum business tax direct pay permittee, and used 55 by such electric corporation to fuel generators for the purpose of manu- 56 facturing or producing electricity where such electric corporation
S. 2811--B 55 1 provides a copy of a direct pay permit authorized and issued by the 2 commissioner [of taxation and finance], to the petroleum business making 3 such sale. If so registered, such corporation shall be a taxpayer under 4 this article and (i) such electric corporation shall file a return 5 monthly and pay the applicable tax under this article, after the appli- 6 cation of allowable credits, on all such purchases directly to the 7 commissioner, (ii) such electric corporation shall be subject to all of 8 the provisions of this article relating to the responsibilities and 9 liabilities of taxpayers under this article with respect to such resi- 10 dual petroleum product and NON-HIGHWAY diesel motor fuel. 11 (g) Sales or uses of NON-HIGHWAY diesel motor fuel and residual petro- 12 leum product for farm production. NON-HIGHWAY Diesel motor fuel or resi- 13 dual petroleum product sold to or used by a consumer who purchases or 14 uses such NON-HIGHWAY DIESEL MOTOR fuel or product for use or consump- 15 tion directly and exclusively in the production for sale of tangible 16 personal property by farming, but only if all such NON-HIGHWAY DIESEL 17 MOTOR fuel or product is delivered on the farm site and is consumed 18 other than on the PUBLIC highways of this state (except for the use of 19 the PUBLIC highway to reach adjacent farmlands)[; provided, however, 20 that a farmer may purchase no more than four thousand five hundred 21 gallons of diesel motor fuel in a thirty-day period for such use or 22 consumption exempt from the measure of the tax imposed by section three 23 hundred one-a of this article, except in accordance with prior clearance 24 given by the commissioner]. 25 (h) Exemption for certain not-for-profit organizations. There shall be 26 exempt from the measure of the petroleum business tax imposed by section 27 three hundred one-a of this article a sale or use of residual petroleum 28 product, OR NON-HIGHWAY diesel motor fuel [(which is not enhanced diesel 29 motor fuel) or dyed diesel motor fuel,] to or by an organization which 30 has qualified under paragraph four or five of subdivision (a) of section 31 eleven hundred sixteen of this chapter where such NON-HIGHWAY diesel 32 motor fuel or residual petroleum product is exclusively for use and 33 consumption by such organization, but only if all of such NON-HIGHWAY 34 diesel motor fuel or product is consumed other than on the PUBLIC high- 35 ways of this state. Provided, however, this exemption shall in no event 36 apply to a sale of NON-HIGHWAY diesel motor fuel which involves a deliv- 37 ery at a filling station or into a repository which is equipped with a 38 hose or other apparatus by which such NON-HIGHWAY DIESEL MOTOR fuel can 39 be dispensed into the fuel tank of a motor vehicle and all deliveries 40 hereunder shall be made to the premises occupied by the qualifying 41 organization and used by such organization in furtherance of the exempt 42 purposes of such organization. Provided, however, that the commissioner 43 shall require such documentary proof to qualify for any exemption 44 provided herein as the commissioner deems appropriate. Provided, 45 further, the distributor selling such NON-HIGHWAY DIESEL MOTOR fuel and 46 product shall separately report on its return the gallonage sold during 47 the reporting period exempt from tax under the provisions of this subdi- 48 vision and provide such other information with respect to such sales as 49 the commissioner deems appropriate to prevent evasion. [The term "dyed 50 diesel motor fuel" as used in this subdivision shall have the same mean- 51 ing it has in subdivision eighteen of section two hundred eighty-two of 52 this chapter.] 53 (i) Exemption for passenger commuter ferries. A use by a passenger 54 commuter ferry of NON-HIGHWAY diesel motor fuel or residual petroleum 55 product where such NON-HIGHWAY diesel motor fuel or residual petroleum 56 product was used and consumed by a passenger commuter ferry exclusively
S. 2811--B 56 1 in providing mass transportation service. Provided, that the commission- 2 er shall require such documentary proof to qualify for any exemption 3 provided hereunder as the commissioner deems appropriate. 4 S 22. Subdivision (j) of section 301-b of the tax law is REPEALED. 5 S 23. Subdivisions (a), (e), (f), (h), (i), (j), (k), (l) and (m) of 6 section 301-c of the tax law, subdivision (a) as amended by section 4 7 and subdivision (l) as added by section 5 of part H of chapter 407 of 8 the laws of 1999, subparagraph (B) of paragraph 2 of subdivision (a) as 9 amended by section 2 of part X of chapter 63 of the laws of 2000, subdi- 10 visions (e) and (f) as added by chapter 170 of the laws of 1994, subdi- 11 vision (h) as amended by chapter 302 of the laws of 2006, subdivisions 12 (i), (j) and (k) as added by chapter 309 of the laws of 1996, and subdi- 13 vision (m) as added by chapter 468 of the laws of 2000, are amended to 14 read as follows: 15 (a) NON-HIGHWAY Diesel motor fuel used for heating purposes. (1) Total 16 residential heating reimbursement. NON-HIGHWAY Diesel motor fuel 17 purchased in this state and sold by such purchaser to a consumer for use 18 exclusively for residential heating purposes but only where (i) such 19 NON-HIGHWAY diesel motor fuel is delivered into a storage tank which is 20 not equipped with a hose or other apparatus by which such NON-HIGHWAY 21 DIESEL MOTOR fuel can be dispensed into the fuel tank of a motor vehicle 22 and such storage tank is attached to the heating unit burning such NON- 23 HIGHWAY DIESEL MOTOR fuel, (ii) the tax imposed pursuant to this article 24 has been paid with respect to such NON-HIGHWAY diesel motor fuel and the 25 entire amount of such tax has been absorbed by such purchaser, and (iii) 26 such purchaser possesses documentary proof satisfactory to the commis- 27 sioner evidencing the absorption by it of the entire amount of the tax 28 imposed pursuant to this article. Provided, however, that the commis- 29 sioner is authorized, in the event that the commissioner determines that 30 it would not threaten the integrity of the administration and enforce- 31 ment of the tax imposed by this article, to provide a reimbursement with 32 respect to a retail sale to a consumer for residential heating purposes 33 of less than ten gallons of NON-HIGHWAY diesel motor fuel provided such 34 fuel is not dispensed into the tank of a motor vehicle. [Provided, 35 further, that with respect to each delivery of enhanced diesel motor 36 fuel of over four thousand five hundred gallons, to obtain this 37 reimbursement there shall be required a certificate signed by the 38 consumer stating that the product will be used exclusively for residen- 39 tial heating purposes.] 40 (2) Partial non-residential heating reimbursement. (A) NON-HIGHWAY 41 Diesel motor fuel purchased in this state and sold by such purchaser to 42 a consumer for use exclusively for heating, other than for residential 43 heating purposes, but only where (i) such NON-HIGHWAY diesel motor fuel 44 is delivered into a storage tank which is not equipped with a hose or 45 other apparatus by which such NON-HIGHWAY DIESEL MOTOR fuel can be 46 dispensed into the fuel tank of a motor vehicle and such storage tank is 47 attached to the heating unit burning such NON-HIGHWAY DIESEL MOTOR fuel, 48 (ii) the tax imposed pursuant to this article has been paid with respect 49 to such NON-HIGHWAY diesel motor fuel and the entire amount of such tax 50 has been absorbed by such purchaser, and (iii) such purchaser possesses 51 documentary proof satisfactory to the commissioner evidencing the 52 absorption by it of the entire amount of the tax imposed pursuant to 53 this article. [Provided, however, that with respect to each delivery of 54 enhanced diesel motor fuel of over four thousand five hundred gallons, 55 to obtain this reimbursement there shall be required a certificate
S. 2811--B 57 1 signed by the consumer stating that the product will be used exclusively 2 for heating, other than for residential heating purposes.] 3 (B) Calculation of partial reimbursement. Notwithstanding any other 4 provision of this article, [commencing April first, two thousand one and 5 ending August thirty-first, two thousand two, the amount of the 6 reimbursement under this paragraph shall be determined by multiplying 7 the quantity of diesel motor fuel eligible for the reimbursement times 8 the sum of the then current rate of the supplemental tax imposed by 9 section three hundred one-j of this article and twenty percent of the 10 then current rate of the tax imposed by section three hundred one-a of 11 this article, with respect to the specific diesel motor fuel rate, as 12 the case may be, and commencing September first, two thousand two,] the 13 amount of the reimbursement under this paragraph shall be determined by 14 multiplying the quantity of NON-HIGHWAY diesel motor fuel eligible for 15 the reimbursement times the sum of the then current rate of the supple- 16 mental tax imposed by section three hundred one-j of this article and 17 forty-six percent of the then current rate of the tax imposed by section 18 three hundred one-a of this article, with respect to the [specific] 19 NON-HIGHWAY diesel motor fuel rate, as the case may be. 20 (e) NON-HIGHWAY Diesel motor fuel and residual petroleum product used 21 for farm production. NON-HIGHWAY Diesel motor fuel or residual petroleum 22 product purchased in this state and sold by such purchaser to a consumer 23 for use or consumption directly and exclusively in the production for 24 sale of tangible personal property by farming, but only if all of such 25 NON-HIGHWAY DIESEL MOTOR fuel or product is delivered on the farm site 26 and is consumed other than on the PUBLIC highways of this state (except 27 for the use of the PUBLIC highway to reach adjacent farmlands)[; 28 provided, however, that a subsequent purchaser shall be eligible for 29 this reimbursement with respect to no more than four thousand five 30 hundred gallons of diesel motor fuel sold to a consumer in a thirty-day 31 period for such use or consumption, except in accordance with prior 32 clearance given by the commissioner]. This reimbursement may be claimed 33 only where (i) the tax imposed pursuant to this article has been paid 34 with respect to such NON-HIGHWAY diesel motor fuel or residual petroleum 35 product and the entire amount of such tax has been absorbed by such 36 purchaser, and (ii) such purchaser possesses documentary proof satisfac- 37 tory to the commissioner evidencing the absorption by it of the entire 38 amount of the tax imposed pursuant to this article. Provided, however, 39 that the commissioner shall require such documentary proof to qualify 40 for any reimbursement of tax provided by this section as the commission- 41 er deems appropriate[, including any certification required pursuant to 42 section two hundred eighty-five-b of this chapter and any such prior 43 clearance described in the first sentence of this subdivision]. 44 (f) Motor fuel used for farm production. No more than one thousand 45 five hundred gallons of motor fuel purchased in this state in a thirty- 46 day period or a greater amount which has been given prior clearance by 47 the commissioner, by a consumer for use or consumption directly and 48 exclusively in the production for sale of tangible personal property by 49 farming, but only if all of such fuel is delivered on the farm site and 50 is consumed other than on the PUBLIC highways of this state (except for 51 the use of the PUBLIC highway to reach adjacent farmlands). This 52 reimbursement to such purchaser who used such motor fuel in the manner 53 specified in this subdivision may be claimed only where, (i) the tax 54 imposed pursuant to this article has been paid with respect to such 55 motor fuel and the entire amount of such tax has been absorbed by such 56 purchaser, and (ii) such purchaser possesses documentary proof satisfac-
S. 2811--B 58 1 tory to the commissioner evidencing the absorption by it of the entire 2 amount of the tax imposed pursuant to this article. Provided, however, 3 that the commissioner shall require such documentary proof to qualify 4 for any reimbursement of tax provided by this subdivision as the commis- 5 sioner deems appropriate. The commissioner is hereby empowered to make 6 such provisions as deemed necessary to define the procedures for grant- 7 ing prior clearance for purchases of more than one thousand five hundred 8 gallons in a thirty-day period. 9 (h) A subsequent purchaser which is registered as a distributor of 10 diesel motor fuel shall be eligible for reimbursement of the tax imposed 11 by section three hundred one-a of this article with respect to gallonage 12 of residual petroleum product[,] AND NON-HIGHWAY diesel motor fuel 13 [(which is not enhanced diesel motor fuel) and dyed diesel motor fuel,] 14 subsequently sold by such purchaser to an organization which has quali- 15 fied under paragraph four or five of subdivision (a) of section eleven 16 hundred sixteen of this chapter for the exclusive use and consumption by 17 such organization. Provided, however, this exemption shall in no event 18 apply to a sale of NON-HIGHWAY diesel motor fuel which involves a deliv- 19 ery at a filling station or into a repository which is equipped with a 20 hose or other apparatus by which such NON-HIGHWAY DIESEL MOTOR fuel can 21 be dispensed into the fuel tank of a motor vehicle and all deliveries 22 hereunder shall be made to the premises occupied by the qualifying 23 organization and used by such organization in furtherance of the exempt 24 purposes of such organization. This reimbursement may be claimed only 25 where (i) the tax imposed pursuant to this article has been paid with 26 respect to such NON-HIGHWAY diesel motor fuel or residual petroleum 27 product and the entire amount of such tax has been absorbed by such 28 purchaser, and (ii) such purchaser possesses documentary proof satisfac- 29 tory to the commissioner evidencing the absorption by it of the entire 30 amount of the tax imposed pursuant to this article. Provided, further, 31 that the commissioner shall require such other documentary proof to 32 qualify for any reimbursement of tax provided by this section as the 33 commissioner deems appropriate. [The term "dyed diesel motor fuel" as 34 used in this subdivision shall have the same meaning it has in subdivi- 35 sion eighteen of section two hundred eighty-two of this chapter.] 36 (i) Reimbursement for commercial gallonage. (1) [Commencing March 37 first, nineteen hundred ninety-seven, a] A reimbursement shall be 38 allowed to a consumer with respect to gallonage of [nonautomotive-type] 39 NON-HIGHWAY diesel motor fuel [(which is not enhanced diesel motor 40 fuel)] or residual petroleum product (i) which was purchased by such 41 consumer and where the supplemental tax imposed by section three hundred 42 one-j of this article with respect to such gallonage was paid by a 43 petroleum business and passed through to such consumer, (ii) such 44 consumer absorbed the entirety of such tax in the purchase price of such 45 gallonage, and (iii) such gallonage was used and consumed by such 46 consumer exclusively as "commercial gallonage". Provided, however, that 47 the commissioner shall require such documentary proof to qualify for any 48 reimbursement of tax provided by this subdivision as the commissioner 49 deems appropriate, including a certification by the consumer that the 50 product was used and consumed exclusively as "commercial gallonage" by 51 such consumer. 52 (2) Calculation. The amount of the reimbursement shall be determined 53 by multiplying the quantity of "commercial gallonage" eligible for 54 reimbursement times the then current rate of the supplemental tax 55 imposed by section three hundred one-j of this article with respect to 56 [nonautomotive-type] NON-HIGHWAY diesel motor fuel or residual petroleum
S. 2811--B 59 1 product, as the case may be. Any reimbursement of tax may be applied for 2 not more often than monthly. 3 (j) Reimbursement for manufacturing gallonage. [Commencing January 4 first, nineteen hundred ninety-eight, a] A subsequent purchaser shall be 5 eligible for reimbursement of any taxes imposed under this article with 6 respect to gallonage of residual petroleum product and NON-HIGHWAY 7 diesel motor fuel [(which is not enhanced diesel motor fuel),] subse- 8 quently sold by such purchaser to a consumer as "manufacturing gallo- 9 nage." This reimbursement may be claimed only where (1) any tax imposed 10 pursuant to this article has been paid with respect to such gallonage 11 and the entire amount of such tax has been absorbed by such purchaser, 12 and (2) such purchaser possesses documentary proof satisfactory to the 13 commissioner evidencing the absorption by it of the entire amount of 14 such tax. Provided, however, that the commissioner shall require such 15 documentary proof to qualify for any reimbursement of tax provided by 16 this subdivision as the commissioner deems appropriate including a 17 certificate by the consumer that such product is to be used and consumed 18 exclusively as "manufacturing gallonage". 19 (k) Reimbursement for railroad gallonage. (1) [Commencing January 20 first, nineteen hundred ninety-seven, a] A subsequent purchaser, which 21 is registered as a distributor of diesel motor fuel, shall be eligible 22 for a reimbursement in accordance with this subdivision with respect to 23 NON-HIGHWAY diesel motor fuel subsequently sold by such purchaser to a 24 consumer as "railroad diesel". 25 (2) The amount of the reimbursement with respect to such product shall 26 be equal to the difference between (i) the tax actually paid under this 27 article by a petroleum business with respect to such product and subse- 28 quently passed through to and absorbed by such purchaser, and (ii) the 29 tax under this article that would have been paid with respect to such 30 product had an importing distributor sold such product directly to a 31 purchaser as "railroad diesel". Provided that the commissioner shall 32 require such documentary proof as the commissioner deems necessary to 33 substantiate a reimbursement claim under this subdivision. Any 34 reimbursement of tax may be applied for not more often than monthly. 35 (l) Reimbursement for mining and extraction. A purchaser shall be 36 eligible for reimbursement of the tax imposed by section three hundred 37 one-a of this article with respect to gallonage of residual petroleum 38 product and NON-HIGHWAY diesel motor fuel, purchased for use and 39 consumption directly and exclusively in the production of tangible 40 personal property for sale by mining or extracting, but only if all of 41 such fuel or product is delivered at the mining or extracting site and 42 is consumed other than on the PUBLIC highways of this state; provided, 43 however, this reimbursement shall in no event apply to a sale of 44 NON-HIGHWAY diesel motor fuel which involves a delivery at a filling 45 station. This reimbursement may be claimed only where (i) the tax 46 imposed pursuant to this article has been paid with respect to such 47 NON-HIGHWAY diesel motor fuel or residual petroleum product and the 48 entire amount of such tax has been absorbed by such purchaser, and (ii) 49 such purchaser possesses documentary proof satisfactory to the commis- 50 sioner evidencing the absorption by it of the entire amount of the tax 51 imposed pursuant to this article. Provided, however, that the commis- 52 sioner shall require such documentary proof to qualify for any 53 reimbursement of tax provided by this section as the commissioner deems 54 appropriate. 55 (m) Reimbursement for passenger commuter ferries. A use by a passenger 56 commuter ferry of NON-HIGHWAY diesel motor fuel or residual petroleum
S. 2811--B 60 1 product where such NON-HIGHWAY diesel motor fuel or residual petroleum 2 product was used and consumed by a passenger commuter ferry exclusively 3 in providing mass transportation service. This reimbursement may be 4 claimed only where (1) any tax imposed pursuant to this article has been 5 paid with respect to such gallonage and the entire amount of such tax 6 has been absorbed by such purchaser, and (2) such ferry possesses docu- 7 mentary proof satisfactory to the commissioner evidencing the absorption 8 by it of the entire amount of such tax. Provided, that the commissioner 9 shall require such documentary proof to qualify for any reimbursement 10 provided hereunder as the commissioner deems appropriate. 11 S 24. Paragraphs 1 and 2 of subdivision (a) of section 301-d of the 12 tax law, as amended by chapter 410 of the laws of 1991, are amended to 13 read as follows: 14 (1) Credit. Residual petroleum product and NON-HIGHWAY diesel motor 15 fuel [(which is not enhanced diesel motor fuel)] (i) imported into this 16 state by such electric corporation which is a petroleum business where 17 the tax liability under section three hundred one-a of this article is 18 imposed on such electric corporation and where the residual petroleum or 19 NON-HIGHWAY diesel product so imported is used by such electric corpo- 20 ration to fuel generators for the purpose of manufacturing or producing 21 electricity or (ii) purchased in this state by such electric corporation 22 by the use of a valid direct payment permit whereby such electric corpo- 23 ration assumed full liability for tax with respect to such product where 24 such product so purchased is used by such electric corporation to fuel 25 generators for the purpose of manufacturing or producing electricity. 26 (2) Reimbursement. Residual petroleum product and NON-HIGHWAY diesel 27 motor fuel [(which is not enhanced diesel motor fuel)] purchased in this 28 state by such electric corporation where the tax imposed by section 29 three hundred one-a of this article with respect to such residual petro- 30 leum or diesel product was paid and the utility absorbed such tax in the 31 purchase price of such fuel and where such product is used by such elec- 32 tric corporation to fuel generators for the purpose of manufacturing or 33 producing electricity. 34 S 25. Subdivision (c) of section 301-e of the tax law, as amended by 35 chapter 2 of the laws of 1995, is amended to read as follows: 36 (c) Kero-jet fuel component. The kero-jet fuel component shall be 37 determined by multiplying the kero-jet fuel rate times the number of 38 gallons of (1) kero-jet fuel imported or caused to be imported into this 39 state by an aviation fuel business and consumed in this state by such 40 business in the operation of its aircraft; and (2) kero-jet fuel, which 41 has not been previously included in the measure of the tax imposed by 42 this section, (i) which is sold in this state by an aviation fuel busi- 43 ness to persons other than those registered under this article as 44 aviation fuel businesses or (ii) which is consumed in this state by an 45 aviation fuel business in the operation of its aircraft. Provided that 46 importation of kero-jet fuel in the fuel tanks of aircraft shall be 47 importation for the purposes of this section. The basic kero-jet fuel 48 rate shall be [one and nine-tenths] SIX AND EIGHT-TENTHS cents per 49 gallon. The rate shall be adjusted at the same time as the rates of the 50 components of the petroleum business tax imposed by section three 51 hundred one-a of this article, and the method of making adjustments to 52 the kero-jet fuel rate shall be the same as the method used for such 53 rates. [Provided, however, that commencing July first, nineteen hundred 54 ninety-one, the kero-jet fuel rate shall be equal to the motor fuel and 55 automotive-type diesel motor fuel rate set by subdivision (e) of section 56 three hundred one-a of this article as such rate may be adjusted as
S. 2811--B 61 1 provided in such subdivision. Provided, further, that commencing Septem- 2 ber first, nineteen hundred ninety-five, the kero-jet fuel rate shall be 3 five and two-tenths cents per gallon. The rate shall be adjusted at the 4 same time as the rates of the components of the petroleum business tax 5 imposed by section three hundred one-a of this article, and the method 6 of making adjustments to the kero-jet fuel rate shall be the same as the 7 method used for such rates.] 8 S 26. Sections 301-f and 301-g of the tax law are REPEALED. 9 S 27. Paragraph 2 of subdivision (a) of section 301-h of the tax law, 10 as amended by chapter 170 of the laws of 1994, is amended to read as 11 follows: 12 (2) The rate of the tax imposed by this section shall be equal to the 13 motor fuel and [automotive-type] HIGHWAY diesel motor fuel rate set by 14 subdivision (e) of section three hundred one-a plus the rate of the 15 supplemental tax imposed by section three hundred one-j of this article 16 as such rates are specified therein and as they may be adjusted as 17 provided in such provisions. [In addition, the tax surcharge imposed by 18 section three hundred-one-g of this article shall be imposed with 19 respect to the tax imposed by this section as if the tax imposed here- 20 under were imposed by section three hundred-one-a of this article.] 21 S 28. Section 301-i of the tax law is REPEALED. 22 S 29. Paragraphs 1, 2, 3 and 4 of subdivision (a) and subdivision (c) 23 of section 301-j of the tax law, paragraph 1 of subdivision (a) as 24 amended and paragraphs 2, 3 and 4 of subdivision (a) as added by chapter 25 309 of the laws of 1996 and subdivision (c) as amended by chapter 410 of 26 the laws of 1991, are amended to read as follows: 27 (1) In addition to the taxes imposed by sections three hundred one-a 28 and three hundred one-e of this article, [for taxable months commencing 29 on or after July first, nineteen hundred ninety-one] there is hereby 30 imposed upon every petroleum business subject to tax imposed under 31 section three hundred one-a of this article and every aviation fuel 32 business subject to the aviation gasoline component of the tax imposed 33 under section three hundred one-e of this article, a supplemental month- 34 ly tax for each or any part of a taxable month at a rate of [four and 35 one-half] SIX AND EIGHT-TENTHS cents per gallon with respect to the 36 products included in each component of the taxes imposed by such 37 [sections] SECTION three hundred one-a and the aviation gasoline compo- 38 nent of the tax imposed by such section three hundred one-e of this 39 article. 40 (2) Provided, however, [commencing March first, nineteen hundred nine- 41 ty-seven,] "commercial gallonage," as such term is defined in subdivi- 42 sion (k) of section three hundred of this article, shall be exempt from 43 the measure of the tax imposed under this section. 44 (3) Provided, further, [commencing January first, nineteen hundred 45 ninety-seven,] "railroad diesel," as such term is defined in subdivision 46 (l) of section three hundred of this article, shall be exempt from the 47 measure of the tax imposed under this section. 48 (4) Provided, further, [commencing January first, nineteen hundred 49 ninety-eight,] a separate per gallon rate shall apply with respect to 50 [automotive-type] HIGHWAY diesel motor fuel. Such rate shall be deter- 51 mined by taking the adjusted rate per gallon of tax imposed under para- 52 graph one of this subdivision as adjusted in accordance with paragraph 53 five of this subdivision [which commences on such date] and subtracting 54 therefrom [three-quarters of one cent. On January first, nineteen 55 hundred ninety-nine, the automotive-type diesel motor fuel rate shall be 56 determined by taking the adjusted rate per gallon of tax imposed under
S. 2811--B 62 1 paragraph one of this subdivision, as adjusted in accordance with para- 2 graph five of this subdivision which commences on such date and 3 subtracting therefrom three-quarters of one cent. On April first, nine- 4 teen hundred ninety-nine, there shall be a new rate applicable to such 5 fuel which shall be such adjusted rate of tax per gallon under such 6 paragraph one of this subdivision, as adjusted in accordance with para- 7 graph five of this subdivision then in effect, minus] one and three- 8 quarters cents. Commencing January first, two thousand TWELVE, and each 9 January thereafter, the per gallon rate applicable to [automotive-type] 10 HIGHWAY diesel motor fuel shall be the adjusted rate under paragraph one 11 of this subdivision as adjusted in accordance with paragraph five of 12 this subdivision which commences on such date minus one and three-quar- 13 ters cents. The resulting rate under this paragraph shall be expressed 14 in hundredths of a cent. 15 (c) Rate adjustment [and surcharge]. [Commencing January first, nine- 16 teen hundred ninety-two and on the first day of January every year ther- 17 eafter, the] THE rate of the supplemental tax shall be adjusted at the 18 same time as the rates of the components of the taxes imposed by 19 sections three hundred one-a and three hundred one-e of this article, 20 and the method of making adjustments to the rate of the supplemental tax 21 shall be the same as the method used for such rates. 22 S 30. The opening paragraph and subdivisions (a) and (c) of section 23 301-1 of the tax law, as added by chapter 170 of the laws of 1994, are 24 amended to read as follows: 25 There shall be allowed to a registered petroleum business or aviation 26 fuel business a refund under this section for the taxes [and tax 27 surcharge] imposed by sections three hundred one-a, three hundred one-e, 28 [three hundred one-g] and three hundred one-j of this article for the 29 tax paid under such sections with respect to gallonage which is repres- 30 ented by a worthless debt as follows: 31 (a) The refund shall be allowed to a registered petroleum business or 32 aviation fuel business for gallonage with respect to which tax liability 33 for the taxes under this article is imposed on such petroleum business 34 or aviation fuel business where (i) such gallonage has been included in 35 the reports filed by such petroleum business or aviation fuel business 36 and all the taxes under this article with respect to such gallonage have 37 been paid by such business, (ii) such gallonage was sold in-bulk by such 38 petroleum or aviation fuel business to a purchaser for such purchaser's 39 own use and consumption and (iii) such sale gave rise to a debt which 40 became worthless, as that term is used for federal income tax purposes, 41 and where such debt is deducted as a worthless debt for federal income 42 tax purposes for the taxable year covering the month in which such 43 refund claim relating to such debt is filed. Provided, however, for the 44 purposes of this section, a sale of motor fuel and [enhanced] HIGHWAY 45 diesel motor fuel to a filling station shall be deemed to be a sale 46 in-bulk for such filling station's own use and consumption and, 47 provided, further, in no event shall a worthless debt qualify with 48 respect to the refund hereunder where such debt arises from a retail 49 sale at a filling station or sale wherein product is delivered directly 50 into the fuel tank of a motor vehicle, airplane or other conveyance. 51 (c) Upon receipt of a claim for refund in processible form, interest 52 shall be allowed and paid at the overpayment rate set by the commission- 53 er pursuant to subdivision twenty-sixth of section one hundred seventy- 54 one of this chapter from the date of the receipt of the refund claim to 55 the date immediately preceding the date of the refund check except no 56 such interest shall be allowed or paid if the refund check is mailed
S. 2811--B 63 1 within ninety days of such receipt and except no interest shall be 2 allowed or paid if the amount thereof would be less than one dollar. 3 Provided, further, the refund shall be granted pro rata against sections 4 three hundred one-a, three hundred one-e, [three hundred one-g] and 5 three hundred one-j of this article, as the case may be, to the same 6 extent as represented by the remittance of the petroleum business or 7 aviation fuel business with respect to the gallonage represented by the 8 worthless debt. 9 S 31. Subdivision (b) of section 302 of the tax law, as added by chap- 10 ter 190 of the laws of 1990, is amended to read as follows: 11 (b) Residual petroleum product business. The department [of taxation 12 and finance], upon the application of a corporation or unincorporated 13 business, shall register such corporation or unincorporated business as 14 a residual petroleum product business except that the commissioner [of 15 taxation and finance] may refuse to register an applicant for any of the 16 grounds specified in subdivision two or five of section two hundred 17 eighty-three of this chapter or in subdivision (d) of this section. The 18 application shall be in such form and contain such information as the 19 commissioner shall prescribe. All of the provisions of subdivisions two, 20 four, five, six, seven, eight, nine and ten of section two hundred 21 eighty-three of this chapter relating to registration of distributors 22 shall be applicable to the registration of residual petroleum product 23 businesses under this section with the same force and effect as if the 24 language of those subdivisions had been incorporated in full in this 25 section and had expressly referred to the registration of residual 26 petroleum product businesses and the tax imposed by this article, with 27 such modification as may be necessary in order to adapt the language of 28 such provisions to the provisions of this article, provided, specif- 29 ically, that the term "distributor" shall be read as "residual petroleum 30 product business" and the [terms] TERM "motor fuel" [and "automotive 31 fuel"] shall be read as "residual petroleum product". Provided, however, 32 that if the commissioner is satisfied that the requirements of such 33 provisions for registration are not necessary in order to protect tax 34 revenues, the commissioner may limit or modify such requirements with 35 respect to corporations or unincorporated businesses not required to be 36 registered as distributors of motor fuel or diesel motor fuel. 37 S 32. Section 312 of the tax law, as amended by chapter 166 of the 38 laws of 1991 and subdivision (b) as amended by section 8 of part EE of 39 chapter 63 of the laws of 2000, is amended to read as follows: 40 S 312. Deposit and disposition of revenue.--[(a) Except as provided in 41 sections three hundred one-f and three hundred one-g of this chapter, of 42 all of the taxes, interest and penalties collected or received by the 43 commissioner of taxation and finance under section three hundred one of 44 this article with respect to any taxable year commencing on or after 45 April first, nineteen hundred eighty-four and to that portion of any 46 taxable year commencing prior thereto to the extent of that portion of 47 such year which includes the period which commences with April first, 48 nineteen hundred eighty-four, seventy-two and seven-tenths percent shall 49 be deposited and disposed of pursuant to the provisions of section one 50 hundred seventy-one-a of this chapter and the balance thereof shall be 51 deposited in the mass transportation operating assistance fund to the 52 credit of the metropolitan mass transportation operating assistance 53 account and the public transportation systems operating assistance 54 account thereof in the manner provided by subdivision eleven of section 55 one hundred eighty-two-a of this chapter. Provided, however, that the 56 actual amount of such taxes, interest and penalties which shall be
S. 2811--B 64 1 deposited in such mass transportation operating assistance fund pursuant 2 to this section during the twelve-month period from April first, nine- 3 teen hundred eighty-four to and including March thirty-first, nineteen 4 hundred eighty-five shall not be less than an amount which, when added 5 to the actual amount that is deposited in such fund during such twelve- 6 month period and that is attributable to the taxes, interest and penal- 7 ties collected and received under section one hundred eighty-two-a of 8 this chapter, yields the sum of seventy-nine million five hundred thou- 9 sand dollars and provided further that of such actual amounts deposited 10 in such fund pursuant to this section and to section one hundred eight- 11 y-two-a of this chapter during the twelve-month period from April first, 12 nineteen hundred eighty-five to March thirty-first, nineteen hundred 13 eighty-six and during the twelve-month period from April first, nineteen 14 hundred eighty-six to March thirty-first, nineteen hundred eighty-seven, 15 the amount which shall be deposited to the credit of the public trans- 16 portation systems operating assistance account thereof during each such 17 period shall be not less than thirty-six million dollars. Provided 18 further that if the total amount deposited in the mass transportation 19 operating assistance fund during the twelve month period commencing 20 April first, nineteen hundred eighty-five pursuant to this section and 21 to section one hundred eighty-two-a of this chapter is less than eighty 22 million dollars, the comptroller shall deposit to the credit of the 23 metropolitan mass transportation operating assistance account on or 24 after April first, nineteen hundred eighty-six and on or before June 25 thirtieth, nineteen hundred eighty-six from any taxes, interest, and 26 penalties collected or received by the commissioner of taxation and 27 finance under this article in addition to amounts which would otherwise 28 be deposited to the credit of the mass transportation operating assist- 29 ance fund, an amount equal to the difference between eighty million 30 dollars and the amounts actually deposited in the mass transportation 31 operating assistance fund during such twelve-month period pursuant to 32 this section and to section one hundred eighty-two-a of this chapter. 33 Provided further that if the total amount deposited in the mass trans- 34 portation operating assistance fund during the twelve month period 35 commencing April first, nineteen hundred eighty-six pursuant to this 36 section and to section one hundred eighty-two-a of this chapter, exclu- 37 sive of the amount deposited in such fund to the credit of the metropol- 38 itan mass transportation operating assistance account on or after April 39 first, nineteen hundred eighty-six and on or before June thirtieth, 40 nineteen hundred eighty-six pursuant to the preceding sentence, is less 41 than eighty million dollars, the comptroller shall deposit to the credit 42 of the metropolitan mass transportation operating assistance account on 43 or after April first, nineteen hundred eighty-seven and on or before 44 June thirtieth, nineteen hundred eighty-seven from any taxes, interest, 45 and penalties collected or received by the commissioner of taxation and 46 finance under this article in addition to amounts which would otherwise 47 be deposited to the credit of the mass transportation operating assist- 48 ance fund, an amount equal to the difference between eighty million 49 dollars and the amounts actually deposited in the mass transportation 50 operating assistance fund during such twelve-month period pursuant to 51 this section and to section one hundred eighty-two-a of this chapter, 52 exclusive of the amount deposited in such fund to the credit of the 53 metropolitan mass transportation operating assistance account on or 54 after April first, nineteen hundred eighty-six and on or before June 55 thirtieth, nineteen hundred eighty-six pursuant to the preceding 56 sentence. Provided, further, however, with respect to all taxes, and
S. 2811--B 65 1 interest and penalties relating thereto, collected or received by the 2 commissioner of taxation and finance under the tax imposed by section 3 three hundred one of this article with respect to any taxable year 4 commencing on and after June first, nineteen hundred ninety and to that 5 portion of any taxable year commencing prior thereto to the extent of 6 that portion of such year which includes the period which commences June 7 first, nineteen hundred ninety, eighty-nine and one-half percent of such 8 collections shall be deposited and disposed of pursuant to the 9 provisions of section one hundred seventy-one-a of this chapter and the 10 balance thereof shall be deposited in the mass transportation operating 11 assistance fund to the credit of the metropolitan mass transportation 12 operating assistance account and the public transportation systems oper- 13 ating assistance account thereof in the manner provided by subdivision 14 eleven of section one hundred eighty-two-a of this chapter. 15 (b) Of all of the taxes collected or received by the commissioner on 16 or before March thirty-first, nineteen hundred ninety-one under the 17 taxes imposed by sections three hundred one-a and three hundred one-e of 18 this article, and all interest and penalties relating thereto, eighty- 19 seven and five-hundredths percent of such collections shall be deposited 20 and disposed of pursuant to the provisions of section one hundred seven- 21 ty-one-a of this chapter and the balance thereof shall be deposited in 22 the mass transportation operating assistance fund to the credit of the 23 metropolitan mass transportation operating assistance account and the 24 public transportation systems operating assistance account thereof in 25 the manner provided by subdivision eleven of section one hundred eight- 26 y-two-a of this chapter. Of all taxes, interest and penalties collected 27 or received after March thirty-first, nineteen hundred ninety-one, and 28 before April first, nineteen hundred ninety-three, from the taxes 29 imposed by sections three hundred one-a and three hundred one-e of this 30 article, initially thirty-five percent shall be deposited and disposed 31 of pursuant to such section one hundred seventy-one-a. The balance ther- 32 eof shall then be disposed of as follows: seventy-two and seven-tenths 33 percent shall be deposited and disposed of pursuant to such section one 34 hundred seventy-one-a and twenty-seven and three-tenths percent shall be 35 deposited in such mass transportation operating assistance fund as 36 prescribed in the aforestated manner. Except as otherwise provided, of 37 all taxes, interest and penalties collected or received after March 38 thirty-first, nineteen hundred ninety-three, and before April first, 39 nineteen hundred ninety-four, from the taxes imposed by sections three 40 hundred one-a and three hundred one-e of this article, (i) initially 41 fifty-four percent shall be deposited, as prescribed by subdivision (d) 42 of section three hundred one-j of this chapter, (ii) twenty-eight and 43 three-tenths percent shall be deposited and disposed of pursuant to such 44 section one hundred seventy-one-a of this chapter in the general fund 45 and (iii) seventeen and seven-tenths percent shall be deposited in such 46 mass transportation operating assistance fund as prescribed in the 47 aforestated manner. Provided, however, that, prior to such deposit, from 48 the amounts so collected or received during the period commencing on 49 January first, nineteen hundred ninety-four and ending on March thirty- 50 first, nineteen hundred ninety-four, an amount equal to the portion of 51 the taxes, interest and penalties so received or collected resulting 52 from the amendments made by sections forty-two, forty-three and forty- 53 four of chapter fifty-seven of the laws of nineteen hundred ninety-three 54 shall be deposited and disposed of pursuant to the provisions of subdi- 55 vision one of section one hundred seventy-one-a of this chapter. Except 56 as otherwise provided, of all taxes, interest and penalties collected or
S. 2811--B 66 1 received on or after April first, nineteen hundred ninety-four, from the 2 taxes imposed by sections three hundred one-a and three hundred one-e of 3 this article, (i) initially fifty-four percent shall be deposited, as 4 prescribed by subdivision (d) of section three hundred one-j of this 5 article, (ii) twenty-eight and three-tenths percent shall be deposited 6 and disposed of pursuant to such section one hundred seventy-one-a of 7 this chapter in the general fund, (iii) seven and nine hundred sixty- 8 five thousandths percent shall be deposited in such mass transportation 9 operating assistance fund as prescribed in the aforestated manner and 10 (iv) nine and seven hundred thirty-five thousandths percent shall be 11 deposited in the revenue accumulation fund. Except as otherwise 12 provided, of all taxes, interest and penalties collected or received on 13 or after September first, nineteen hundred ninety-four and before 14 September first, nineteen hundred ninety-five, from the taxes imposed by 15 sections three hundred one-a and three hundred one-e of this article, 16 (i) initially fifty-nine percent shall be deposited, as prescribed by 17 subdivision (d) of section three hundred one-j of this article, (ii) 18 twenty-two and four-tenths percent shall be deposited and disposed of 19 pursuant to such section one hundred seventy-one-a of this chapter in 20 the general fund, (iii) eight and three hundred seventy thousandths 21 percent shall be deposited in such mass transportation operating assist- 22 ance fund as prescribed in the aforestated manner and (iv) ten and two 23 hundred thirty thousandths percent shall be deposited in the revenue 24 accumulation fund. Except as otherwise provided, of all taxes, interest 25 and penalties, collected or received on or after September first, nine- 26 teen hundred ninety-five and before April first, nineteen hundred nine- 27 ty-six from the taxes imposed by sections three hundred one-a and three 28 hundred one-e of this article, (i) initially sixty-two and eight-tenths 29 percent shall be deposited as prescribed by subdivision (d) of section 30 three hundred one-j of this article, (ii) eighteen percent shall be 31 deposited and disposed of pursuant to section one hundred seventy-one-a 32 of this chapter in the general fund, (iii) eight and six hundred forty 33 thousandths percent shall be deposited in such mass transportation oper- 34 ating assistance fund as prescribed in the aforestated manner and (iv) 35 ten and five hundred sixty thousandths percent shall be deposited in the 36 revenue accumulation fund. Except as otherwise provided, of all taxes, 37 interest and penalties collected or received on or after April first, 38 nineteen hundred ninety-six, and before January first, nineteen hundred 39 ninety-seven from the taxes imposed by sections three hundred one-a and 40 three hundred one-e of this article, (i) initially sixty-three and 41 three-tenths percent shall be deposited, as prescribed by subdivision 42 (d) of section three hundred one-j of this article, (ii) seventeen and 43 four-tenths percent shall be deposited and disposed of pursuant to such 44 section one hundred seventy-one-a of this chapter in the general fund 45 and (iii) nineteen and three-tenths percent shall be deposited in such 46 mass transportation operating assistance fund as prescribed in the 47 aforestated manner. Except as otherwise provided, of all taxes, inter- 48 est and penalties collected or received on or after January first, nine- 49 teen hundred ninety-seven and before January first, nineteen hundred 50 ninety-eight from the taxes imposed by sections three hundred one-a and 51 three hundred one-e of this article, (i) initially sixty-six and two- 52 tenths percent shall be deposited, as prescribed by subdivision (d) of 53 section three hundred one-j of this article, (ii) fourteen and one-half 54 percent shall be deposited and disposed of pursuant to such section one 55 hundred seventy-one-a of this chapter in the general fund and (iii) 56 nineteen and three-tenths percent shall be deposited in such mass trans-
S. 2811--B 67 1 portation operating assistance fund as prescribed in the aforestated 2 manner. Except as otherwise provided, of all taxes, interest and penal- 3 ties collected or received on or after January first, nineteen hundred 4 ninety-eight and before April first, nineteen hundred ninety-nine from 5 the taxes imposed by sections three hundred one-a and three hundred 6 one-e of this article, (i) initially sixty-eight and one-tenth percent 7 shall be deposited, as prescribed by subdivision (d) of section three 8 hundred one-j of this article, (ii) twelve and four-tenths percent shall 9 be deposited and disposed of pursuant to such section one hundred seven- 10 ty-one-a of this chapter in the general fund and (iii) nineteen and 11 one-half percent shall be deposited in such mass transportation operat- 12 ing assistance fund as prescribed in the aforestated manner. Except as 13 otherwise provided, of all taxes, interest and penalties collected or 14 received on or after April first, nineteen hundred ninety-nine, from the 15 taxes imposed by sections three hundred one-a and three hundred one-e of 16 this article, (i) initially sixty-nine and eight-tenths percent shall be 17 deposited, as prescribed by subdivision (d) of section three hundred 18 one-j of this article, (ii) ten and seven-tenths percent shall be depos- 19 ited and disposed of pursuant to such section one hundred seventy-one-a 20 of this chapter in the general fund and (iii) nineteen and one-half 21 percent shall be deposited in such mass transportation operating assist- 22 ance fund as prescribed in the aforestated manner.] Except as otherwise 23 provided, of all taxes, interest and penalties collected or received on 24 or after April first, two thousand one, from the taxes imposed by 25 sections three hundred one-a and three hundred one-e of this article, 26 (i) initially eighty and three-tenths percent shall be deposited, as 27 prescribed by subdivision (d) of section three hundred one-j of this 28 article and (ii) nineteen and seven-tenths percent shall be deposited in 29 such mass transportation operating assistance fund [as prescribed in the 30 aforestated manner] TO THE CREDIT OF THE METROPOLITAN MASS TRANSPORTA- 31 TION OPERATING ASSISTANCE ACCOUNT AND THE PUBLIC TRANSPORTATION SYSTEMS 32 OPERATING ASSISTANCE ACCOUNT THEREOF IN THE MANNER PROVIDED BY SUBDIVI- 33 SION ELEVEN OF SECTION ONE HUNDRED EIGHTY-TWO-A OF THIS CHAPTER. 34 [Provided, further, that on or before the twenty-fifth day of each month 35 commencing with October, nineteen hundred ninety and terminating with 36 the month of March, two thousand one, the comptroller shall deduct the 37 amount of six hundred twenty-five thousand dollars prior to any deposit 38 or disposition of the taxes, interest and penalties collected or 39 received pursuant to such sections three hundred one-a and three hundred 40 one-e and shall pay such amount to the state treasury to the credit of 41 the general fund.] Provided, further that on or before the twenty-fifth 42 day of each month commencing with April, two thousand one, the comp- 43 troller shall deduct the amount of six hundred twenty-five thousand 44 dollars prior to any deposit or disposition of the taxes, interest, and 45 penalties collected or received pursuant to such sections three hundred 46 one-a and three hundred one-e and shall deposit such amount in the dedi- 47 cated fund accounts pursuant to subdivision (d) of section three hundred 48 one-j of this article. Provided, further, that commencing January 49 fifteenth, nineteen hundred ninety-one, and on or before the tenth day 50 of March and the fifteenth day of June and September of such year, the 51 commissioner shall, based on information supplied by taxpayers and other 52 appropriate sources, estimate the amount of the utility credit author- 53 ized by section three hundred one-d of this article which has been 54 accrued to reduce tax liability under section one hundred eighty-six-a 55 of this chapter during the period covered by such estimate and certify 56 to the state comptroller such estimated amount. The comptroller shall
S. 2811--B 68 1 forthwith, after receiving such certificate, deduct the amount of such 2 credit so certified by the commissioner prior to any deposit or disposi- 3 tion of the taxes, interest and penalties collected or received pursuant 4 to such sections three hundred one-a and three hundred one-e and shall 5 pay such amount so certified and deducted into the state treasury to the 6 credit of the general fund. [As soon as practicable after April first, 7 nineteen hundred ninety-one, nineteen hundred ninety-two and nineteen 8 hundred ninety-three, but before June fifteenth of each such year, the 9 commissioner shall determine the amount of the utility tax credit which 10 has been actually used to reduce tax liability under such section one 11 hundred eighty-six-a and shall certify the difference between such actu- 12 al amount and the earlier estimated amount.] Also, subsequently, during 13 the fiscal year when the commissioner becomes aware of changes or 14 modifications with respect to actual credit usage, the commissioner 15 shall, as soon as practicable, issue a certification setting forth the 16 amount of any required adjustment to the amount of actual credit usage 17 previously certified. After receiving the certificate of the commission- 18 er with respect to actual credit usage or modification of the same, the 19 comptroller shall forthwith adjust general fund receipts and the reven- 20 ues to be deposited or disposed of under this article to reflect the 21 difference so certified by the commissioner. The commissioner shall not 22 be liable for any overestimate or underestimate of the amount of the 23 utility credit which has been accrued to reduce tax liability under such 24 section one hundred eighty-six-a. Nor shall the commissioner be liable 25 for any inaccuracy in any certificate with respect to the amount of such 26 credit actually used or any required adjustment with respect to actual 27 credit usage, but the commissioner shall as soon as practicable after 28 discovery of any error adjust the next certification under this section 29 to reflect any such error. 30 [On or before July thirty-first, nineteen hundred ninety-two and on or 31 before July thirty-first, nineteen hundred ninety-three, the commission- 32 er shall conduct the following reconciliation with respect to the 33 preceding fiscal year: he shall multiply the total of all taxes, penal- 34 ties and interest, after refunds and reimbursements, which are derived 35 from the motor fuel component, the automotive-type diesel motor fuel 36 component and the aviation gasoline component by twenty fifty-fifths; 37 the total of all taxes, penalties and interest, after refunds and 38 reimbursements, which are derived from the nonautomotive-type diesel 39 motor fuel component (excluding taxes, penalties and interest which are 40 derived from product with respect to which the credit or reimbursement 41 provided by section three hundred one-d is taken) by twenty-fiftieths; 42 and all taxes, penalties and interest, after refunds and reimbursements, 43 which are derived from the residual petroleum product component (exclud- 44 ing taxes, penalties and interest which are derived from product with 45 respect to which the credit or reimbursement provided by section three 46 hundred one-d is taken) by twenty-fortieths. The products of the forego- 47 ing multiplications shall be added together and the resulting sum of 48 such products shall be compared with the total of the amounts initially 49 distributed during such fiscal year with respect to such components 50 (excluding receipts derived from product with respect to which the cred- 51 it or reimbursement provided by section three hundred one-d is taken and 52 excluding any amount which represents a reconciliation adjustment pursu- 53 ant to this paragraph) pursuant to section one hundred seventy-one-a of 54 this chapter which represented thirty-five percent of the total, after 55 refunds and reimbursements, of all taxes, penalties and interest 56 collected or received during such fiscal year under sections three
S. 2811--B 69 1 hundred one-a and three hundred one-e during the months of such fiscal 2 year with respect to such components. The commissioner shall then certi- 3 fy the amount of such difference to the comptroller. If the amounts 4 initially distributed in such fiscal year are greater than the sum of 5 such products, the comptroller shall withhold an amount equal to twen- 6 ty-seven and three-tenths percent of such difference from the first 7 moneys otherwise payable to the general fund pursuant to this subdivi- 8 sion and shall pay such amount to the mass transportation operating 9 assistance fund to the credit of the metropolitan mass transportation 10 operating assistance account and the public transportation systems oper- 11 ating assistance account thereof in the aforestated manner. If the 12 amounts initially distributed in such fiscal year are less than the sum 13 of such products, the comptroller shall withhold an amount equal to 14 twenty-seven and three-tenths percent of such difference from the first 15 moneys otherwise payable to the mass transportation operating assistance 16 fund pursuant to this subdivision and shall pay such amount to the 17 general fund. 18 When the commissioner becomes aware of changes or modifications with 19 respect to the distribution of revenue under this article, the commis- 20 sioner shall, as soon as practicable, issue a certification setting 21 forth the amount of any required adjustment. After receiving the certif- 22 icate of the commissioner with respect to any adjustments, the comp- 23 troller shall forthwith adjust general fund receipts and the revenues to 24 be deposited or disposed of under this article to reflect the difference 25 so certified by the commissioner. The commissioner shall not be liable 26 for any overestimate or underestimate of the amount of the distribution. 27 Nor shall the commissioner be liable for any inaccuracy in any certif- 28 icate with respect to the amount of the distribution or any required 29 adjustment with respect to the distribution, but the commissioner shall 30 as soon as practicable after discovery of any error adjust the next 31 certification under this section to reflect any such error.] Prior to 32 making deposits as provided in this [subdivision] SECTION, the comp- 33 troller shall retain such amount as the commissioner may determine to be 34 necessary, subject to the approval of the director of the budget, for 35 reasonable costs of the department in administering and collecting the 36 taxes deposited pursuant to this [subdivision] SECTION and for refunds 37 and reimbursements with respect to such taxes, out of which the comp- 38 troller shall pay any refunds or reimbursements of such taxes to which 39 taxpayers shall be entitled. 40 S 33. Subdivision (b) of section 315 of the tax law, as amended by 41 section 156 of part A of chapter 389 of the laws of 1997, is amended to 42 read as follows: 43 (b) Joint administration of taxes. In addition to the powers granted 44 to the commissioner in this chapter, the commissioner is hereby author- 45 ized to make provisions for the joint administration, in whole or in 46 part, of the taxes imposed by articles twelve-A and twenty-eight and 47 pursuant to the authority of article twenty-nine of this chapter upon 48 [automotive fuel] MOTOR FUEL AND DIESEL MOTOR FUEL and the taxes imposed 49 by this article, including the joint reporting, assessment, collection, 50 determination and refund of such taxes, and for that purpose to 51 prescribe that any of the commissioner's functions under such articles, 52 and any returns, forms, statements, documents or information to be 53 submitted to the commissioner under such articles, any books and records 54 to be kept for purposes of the taxes imposed or authorized to be imposed 55 by such articles, any schedules of amounts to be collected under such 56 articles, any registration required under such articles, and the payment
S. 2811--B 70 1 of taxes under such articles, shall be on a joint basis with respect to 2 the taxes imposed by or pursuant to such articles. Provided, notwith- 3 standing any provision of this article to the contrary, in the further- 4 ance of joint administration, the provisions of subdivision one of 5 section two hundred eighty-five-a and subdivision one of section two 6 hundred eighty-nine-c of this chapter shall apply to the taxes imposed 7 under this article with the same force and effect as if those provisions 8 specifically referred to the taxes imposed hereunder and all the 9 products with respect to which the taxes are imposed under this article. 10 Provided, further, a reimbursement (or credit) of taxes imposed under 11 this article shall be available to subsequent purchasers of motor fuel, 12 diesel motor fuel or residual petroleum product under the circumstances 13 specified in subdivision eight of section two hundred eighty-nine-c of 14 this chapter with respect to the export of such products. In addition, 15 all the provisions of subdivision one of section two hundred eighty-six 16 of this chapter shall be applicable to all of the products included in 17 the measure of the tax imposed by this article and the powers of the 18 commissioner in administering the tax imposed by this article shall 19 include these set forth in such subdivision. Moreover, the commission- 20 er, in order to preserve the revenue from the tax imposed by this arti- 21 cle, shall, by regulation, require that the movement of residual petro- 22 leum product into or in this state be accompanied by a tracking 23 document. [Such manifest or other tracking document shall be prescribed 24 only after consultation with the state motor fuels taxation advisory 25 council (created by section forty-one of chapter forty-four of the laws 26 of nineteen hundred eighty-five) as to its form and content and as to 27 whether an existing industry document (or a modified version thereof) 28 may adequately serve the tracking purpose so that such existing industry 29 document may be prescribed as the tracking document.] Also, the commis- 30 sioner may require (i) that any returns, forms, statements or other 31 document with respect to motor fuel or diesel motor fuel required of 32 transporters or terminal operators under such article twelve-A of this 33 chapter apply with the same force and effect to persons transporting or 34 storing residual petroleum product, (ii) a certification that particular 35 gallonage of motor fuel, diesel motor fuel or residual petroleum product 36 has been included in the measure of the tax imposed by this article and 37 such tax has been paid, and (iii) that the certification required pursu- 38 ant to section two hundred eighty-five-a or two hundred eighty-five-b of 39 this chapter be expanded to include the tax imposed by this article. 40 S 34. Subdivision 10 of section 501 of the tax law, as amended by 41 chapter 407 of the laws of 1990, is amended to read as follows: 42 10. "Automotive fuel" shall mean, SOLELY FOR PURPOSES OF THIS ARTICLE, 43 diesel motor fuel as defined in subdivision fourteen of section two 44 hundred eighty-two of this chapter and motor fuel as defined in subdivi- 45 sion two of section two hundred eighty-two of this chapter. 46 S 35. Subdivision (b) of section 528 of the tax law, as added by chap- 47 ter 170 of the laws of 1994, is amended to read as follows: 48 (b) Cooperative agreements. Notwithstanding any inconsistent provision 49 of law, the commissioner is authorized to enter into a cooperative 50 agreement with other states, the District of Columbia or provinces or 51 territories of Canada for the administration of the tax imposed by this 52 article and similar taxes imposed by other member jurisdictions and for 53 the reporting and payment of tax to a single base state and a propor- 54 tional sharing of revenue of taxes relating to fuel use among the juris- 55 dictions where a qualified motor vehicle is operated. The agreement may 56 provide for determining the base state for carriers, carriers records
S. 2811--B 71 1 requirements, audit procedures, exchange of information, persons eligi- 2 ble for tax licensing, defining qualified motor vehicles, determining if 3 bonding is required and requiring bonds to secure the tax imposed by 4 this article and similar taxes imposed by other member jurisdictions, 5 specifying reporting requirements and periods including defining uniform 6 penalty and interest rates for late reporting, determining methods for 7 collecting and forwarding of taxes, interest and penalties to another 8 jurisdiction, notice and timing of hearings and other provisions as will 9 facilitate the administration of the agreement. The commissioner may, 10 pursuant to the terms of the agreement, forward to the proper officers 11 of another member jurisdiction any information in the commissioner's 12 possession relating to the manufacture, receipt, sale, use, transporta- 13 tion or shipment of [automotive fuel] MOTOR FUEL OR DIESEL MOTOR FUEL by 14 any person and may share any information relating to the administration 15 of taxes pursuant to the agreement with such officers. The commissioner 16 may disclose to the proper officers of another member jurisdiction the 17 location of offices, motor vehicles and other real and personal property 18 of carriers. The agreement may provide for each member jurisdiction to 19 audit the records of persons based in the member jurisdiction and deter- 20 mine taxes due each member jurisdiction. The commissioner may adopt 21 rules and regulations for the administration and enforcement of the 22 agreement. In connection with the administration of taxes under such a 23 cooperative agreement, the commissioner may enter into an agreement with 24 other member jurisdictions and any banks, banking houses, trust compa- 25 nies or other similar institutions with respect to the payment of any 26 tax, fees, penalty or interest to such banks, banking houses, trust 27 companies or similar institutions and the filing of returns and reports 28 with such banks, banking houses, trust companies or similar institutions 29 as agent of the commissioner and such other member jurisdictions. Pursu- 30 ant to a written agreement made with one or more of the appropriate 31 departments, agencies, officers or instrumentalities of other jurisdic- 32 tions, the commissioner may let contracts for provision of such services 33 to the department and to one or more of such entities of other jurisdic- 34 tions; provided, that provisions shall be made in all such agreements 35 with the participating governmental entities and in all such contracts 36 let by the commissioner for the assumption by each of the participating 37 governmental entities of sole responsibility for its proportionate share 38 of the costs under the terms of such contract. The commissioner may 39 contract for such services jointly with and pursuant to a contract let 40 by the appropriate department, agency, officer or instrumentality of 41 another jurisdiction; provided that (1) the commissioner shall approve 42 the proposed terms and conditions of all such joint governmental 43 contracts, (2) the letting of such joint governmental contract shall be 44 based on invitation of competitive bids or proposals, and (3) the 45 participation by the department in any such joint contract shall be 46 preceded by an evaluation and finding in writing by the commissioner 47 that a reasonable potential exists for the saving of costs by the state, 48 by means of such joint governmental contract. 49 S 36. The opening paragraph of subparagraph (ii) of paragraph 4 of 50 subdivision (b) of section 1101 of the tax law, as amended by chapter 51 261 of the laws of 1988, is amended to read as follows: 52 Notwithstanding the provisions of subparagraph (i) of this paragraph, 53 no motor fuel or diesel motor fuel shall be sold or used in this state 54 without payment, and inclusion in the sales price of such motor fuel, of 55 the tax on motor fuel required to be prepaid pursuant to the provisions 56 of section eleven hundred two of this article except where a provision
S. 2811--B 72 1 of this article relating to motor fuel or diesel motor fuel specifically 2 provides otherwise and except in the case of a sale or use subject to 3 tax under section eleven hundred five or eleven hundred ten, respective- 4 ly, of this article. Provided, however, except for such requirement of 5 prepayment of tax required by section eleven hundred two of this arti- 6 cle, the provisions of this subparagraph shall not otherwise modify the 7 meaning of the term "retail sale" as used in this article. For purposes 8 of this subparagraph and sections eleven hundred two, eleven hundred 9 eleven, eleven hundred twenty, eleven hundred thirty-two, eleven hundred 10 thirty-four, eleven hundred thirty-five, eleven hundred thirty-six, 11 ELEVEN HUNDRED FORTY-TWO, ELEVEN HUNDRED FORTY-FIVE and eighteen hundred 12 seventeen of this chapter, the following terms shall have the following 13 meanings: 14 S 37. Clause (A) of subparagraph (ii) of paragraph 4 of subdivision 15 (b) of section 1101 of the tax law, as amended by chapter 261 of the 16 laws of 1988, is amended to read as follows: 17 (A) "[Automotive fuel"] PETROLEUM PRODUCTS" means diesel motor fuel as 18 defined in subdivision fourteen of section two hundred eighty-two of 19 this chapter, other than kerosene or propane used for residential 20 purposes, or motor fuel as defined in subdivision two of section two 21 hundred eighty-two of this chapter. The phrase "used for residential 22 purposes" shall have the same meaning as it has for purposes of section 23 eleven hundred five-A of this article. 24 S 38. Clause (F) of subparagraph (ii) of paragraph 4 of subdivision 25 (b) of section 1101 of the tax law is REPEALED and a new clause (F) is 26 added to read as follows: 27 (F) THE TERMS "HIGHWAY DIESEL MOTOR FUEL" AND "NON-HIGHWAY DIESEL 28 MOTOR FUEL" SHALL HAVE THE SAME MEANING AS THEY HAVE FOR PURPOSES OF 29 ARTICLE TWELVE-A OF THIS CHAPTER. 30 S 39. Paragraph 2 of subdivision (a) of section 1102 of the tax law, 31 as separately amended by section 9 of part W-1 of chapter 109 and chap- 32 ter 302 of the laws of 2006, is amended to read as follows: 33 (2) Every distributor of diesel motor fuel shall pay, as a prepayment 34 on account of the taxes imposed by this article and pursuant to the 35 authority of article twenty-nine of this chapter, a tax upon the sale or 36 use of diesel motor fuel in this state. The tax shall be computed based 37 upon the number of gallons of diesel motor fuel sold or used. Provided, 38 however, if the tax has not been imposed prior thereto, it shall be 39 imposed on the delivery of diesel motor fuel to a retail service 40 station. The collection of such tax shall not be made applicable to the 41 sale or use of diesel motor fuel under circumstances which preclude the 42 collection of such tax by reason of the United States constitution and 43 of laws of the United States enacted pursuant thereto. The prepaid tax 44 on diesel motor fuel shall not apply to (i) the sale of previously 45 untaxed [diesel motor fuel which is not enhanced] NON-HIGHWAY Diesel 46 motor fuel to a person registered as a distributor of Diesel motor fuel 47 other than a sale to such person which involves a delivery at a filling 48 station or into a repository which is equipped with a hose or other 49 apparatus by which such fuel can be dispensed into the fuel tank of a 50 motor vehicle, OR (ii) the sale to or delivery at a filling station or 51 other retail vendor of water-white kerosene provided such filling 52 station or other retail vendor only sells such water-white kerosene 53 exclusively for heating purposes in containers of no more than twenty 54 gallons or to the sale of CNG or hydrogen [or (iii) the sale of dyed 55 diesel motor fuel as set forth in clause (A) or (B) of subparagraph (i)
S. 2811--B 73 1 of paragraph (c) of subdivision three of section two hundred 2 eighty-two-a of this chapter]. 3 S 39-a. Paragraph 2 of subdivision (a) of section 1102 of the tax law, 4 as amended by chapter 302 of the laws of 2006, is amended to read as 5 follows: 6 (2) Every distributor of diesel motor fuel shall pay, as a prepayment 7 on account of the taxes imposed by this article and pursuant to the 8 authority of article twenty-nine of this chapter, a tax upon the sale or 9 use of diesel motor fuel in this state. The tax shall be computed based 10 upon the number of gallons of diesel motor fuel sold or used. Provided, 11 however, if the tax has not been imposed prior thereto, it shall be 12 imposed on the delivery of diesel motor fuel to a retail service 13 station. The collection of such tax shall not be made applicable to the 14 sale or use of diesel motor fuel under circumstances which preclude the 15 collection of such tax by reason of the United States constitution and 16 of laws of the United States enacted pursuant thereto. The prepaid tax 17 on diesel motor fuel shall not apply to (i) the sale of previously 18 untaxed [diesel motor fuel which is not enhanced] NON-HIGHWAY Diesel 19 motor fuel to a person registered as a distributor of Diesel motor fuel 20 other than a sale to such person which involves a delivery at a filling 21 station or into a repository which is equipped with a hose or other 22 apparatus by which such fuel can be dispensed into the fuel tank of a 23 motor vehicle, OR (ii) the sale to or delivery at a filling station or 24 other retail vendor of water-white kerosene provided such filling 25 station or other retail vendor only sells such water-white kerosene 26 exclusively for heating purposes in containers of no more than twenty 27 gallons [or (iii) the sale of dyed diesel motor fuel as set forth in 28 clause (A) or (B) of subparagraph (i) of paragraph (c) of subdivision 29 three of section two hundred eighty-two-a of this chapter]. 30 S 40. Subsection (a) of section 1105-A of the tax law, as amended by 31 section 1 of part B of chapter 35 of the laws of 2006, is amended to 32 read as follows: 33 (a) Notwithstanding any other provisions of this article, but not for 34 purposes of the taxes imposed by section eleven hundred eight of this 35 part or authorized pursuant to the authority of article twenty-nine of 36 this chapter, the taxes imposed by subdivision (a) or (b) of section 37 eleven hundred five OF THIS PART on the receipts from the retail sale of 38 fuel oil and coal used for residential purposes; the receipts from the 39 retail sale of wood used for residential heating purposes; and the 40 receipts from every sale, other than for resale, of propane (except when 41 sold in containers of less than one hundred pounds), natural gas, elec- 42 tricity, steam and gas, electric and steam services used for residential 43 purposes shall be paid at the rate of three percent for the period 44 commencing January first, nineteen hundred seventy-nine and ending 45 December thirty-first, nineteen hundred seventy-nine; at the rate of two 46 and one-half percent for the period commencing January first, nineteen 47 hundred eighty and ending September thirtieth, nineteen hundred eighty, 48 and at the rate of zero percent on and after October first, nineteen 49 hundred eighty. The provisions of this subsection shall not apply to a 50 sale of [(i)] diesel motor fuel which involves a delivery at a filling 51 station or into a repository which is equipped with a hose or other 52 apparatus by which such fuel can be dispensed into the fuel tank of a 53 motor vehicle [and (ii) enhanced diesel motor fuel except in the case of 54 a sale of such enhanced diesel motor fuel used exclusively for residen- 55 tial purposes which is delivered into a storage tank which is not 56 equipped with a hose or other apparatus by which such fuel can be
S. 2811--B 74 1 dispensed into the fuel tank of a motor vehicle and such storage tank is 2 attached to the heating unit burning such fuel, provided that each 3 delivery of such fuel of over four thousand five hundred gallons shall 4 be evidenced by a certificate signed by the purchaser stating that the 5 product will be used exclusively for residential purposes]. 6 S 41. Subdivision (j) of section 1115 of the tax law, as amended by 7 section 12 of part W-1 of chapter 109 of the laws of 2006, is amended to 8 read as follows: 9 (j) The exemptions provided in this section shall not apply to the tax 10 required to be prepaid pursuant to the provisions of section eleven 11 hundred two of this article nor to the taxes imposed by sections eleven 12 hundred five and eleven hundred ten of this article with respect to 13 receipts from sales and uses of motor fuel or diesel motor fuel, except 14 that the exemptions provided in paragraphs nine and forty-two of subdi- 15 vision (a) of this section shall apply to the tax required to be prepaid 16 pursuant to the provisions of section eleven hundred two of this article 17 and to the taxes imposed by sections eleven hundred five and eleven 18 hundred ten of this article with respect to sales and uses of kero-jet 19 fuel, CNG, hydrogen and E85, provided, however, the exemption allowed 20 for E85 shall be subject to the additional requirements provided in 21 section eleven hundred two of this article with respect to E85. The 22 exemption provided in subdivision (c) of this section shall apply to 23 sales and uses of NON-HIGHWAY diesel motor fuel [which is not enhanced 24 diesel motor fuel] but only if all of such fuel is consumed other than 25 on the PUBLIC highways of this state[, provided, however, this exemption 26 shall in no event apply to a sale of diesel motor fuel which involves a 27 delivery at a filling station or into a repository which is equipped 28 with a hose or other apparatus by which such fuel can be dispensed into 29 the fuel tank of a motor vehicle]. The exemption provided in subdivision 30 (c) of this section shall apply to sales and uses of [no more than four 31 thousand five hundred gallons of] NON-HIGHWAY diesel motor fuel [in a 32 thirty-day period] for use or consumption either in the production for 33 sale of tangible personal property by farming or in a commercial horse 34 boarding operation, or in both but only if all of such fuel is consumed 35 other than on the PUBLIC highways of this state (except for the use of 36 the PUBLIC highways to reach adjacent farmlands or adjacent lands used 37 in a commercial horse boarding operation, or both)[, provided, however, 38 such exemption shall be applicable to the sale or use of more than four 39 thousand five hundred gallons of diesel motor fuel in a thirty-day peri- 40 od for such use or consumption in accordance with a prior clearance 41 given by the commissioner]. 42 S 41-a. Subdivision (j) of section 1115 of the tax law, as amended by 43 section 8 of part B of chapter 63 of the laws of 2000, is amended to 44 read as follows: 45 (j) The exemptions provided in this section shall not apply to the tax 46 required to be prepaid pursuant to the provisions of section eleven 47 hundred two of this article nor to the taxes imposed by sections eleven 48 hundred five and eleven hundred ten of this article with respect to 49 receipts from sales and uses of motor fuel or diesel motor fuel, except 50 that the exemption provided in paragraph nine of subdivision (a) of this 51 section shall apply to the tax required to be prepaid pursuant to the 52 provisions of section eleven hundred two of this article and to the 53 taxes imposed by sections eleven hundred five and eleven hundred ten of 54 this article with respect to sales and uses of kero-jet fuel. The 55 exemption provided in subdivision (c) of this section shall apply to 56 sales and uses of NON-HIGHWAY diesel motor fuel [which is not enhanced
S. 2811--B 75 1 diesel motor fuel] but only if all of such fuel is consumed other than 2 on the PUBLIC highways of this state[, provided, however, this exemption 3 shall in no event apply to a sale of diesel motor fuel which involves a 4 delivery at a filling station or into a repository which is equipped 5 with a hose or other apparatus by which such fuel can be dispensed into 6 the fuel tank of a motor vehicle]. The exemption provided in subdivision 7 (c) of this section shall apply to sales and uses of [no more than four 8 thousand five hundred gallons of] NON-HIGHWAY diesel motor fuel [in a 9 thirty-day period] for use or consumption either in the production for 10 sale of tangible personal property by farming or in a commercial horse 11 boarding operation, or in both but only if all of such fuel is consumed 12 other than on the PUBLIC highways of this state (except for the use of 13 the PUBLIC highways to reach adjacent farmlands or adjacent lands used 14 in a commercial horse boarding operation, or both)[, provided, however, 15 such exemption shall be applicable to the sale or use of more than four 16 thousand five hundred gallons of diesel motor fuel in a thirty-day peri- 17 od for such use or consumption in accordance with a prior clearance 18 given by the commissioner]. 19 S 42. Subdivision (e) of section 1120 of the tax law, as amended by 20 chapter 2 of the laws of 1995, is amended to read as follows: 21 (e) Immediate export. With respect to (i) motor fuel imported, manu- 22 factured or sold or purchased in this state, and (ii) [enhanced] HIGHWAY 23 diesel motor fuel, a refund or credit shall be allowed a registered 24 distributor of this state or a purchaser of the tax required to be 25 prepaid pursuant to section eleven hundred two of this article in the 26 amount of such tax paid by or included in the price paid by a distribu- 27 tor or such purchaser if such fuel was exported from this state for sale 28 outside this state, such distributor or such purchaser, as the case may 29 be, exporting such fuel is duly registered with or licensed by the 30 taxing authorities of the state to which such fuel is exported as a 31 distributor or a dealer in the fuel being so exported, and in connection 32 with such exportation such fuel was immediately shipped to an identified 33 facility in the state to which such fuel is exported, and provided the 34 applicant complies with all requirements and rules and regulations of 35 the commissioner, including evidentiary requirements, relating thereto. 36 S 43. Subparagraph (i) of paragraph 3 of subdivision (h) of section 37 1132 of the tax law, as amended by chapter 261 of the laws of 1988, is 38 amended to read as follows: 39 (i) For the purpose of the proper administration of this article and 40 to prevent evasion of the tax hereby imposed, it shall be presumed that 41 all retail sales of motor fuel or diesel motor fuel are subject to the 42 tax required to be collected by subdivision (a) of section eleven 43 hundred five of this article or paid by the provisions of section eleven 44 hundred ten of this article until the contrary is established, and it 45 shall be presumed that all motor fuel or diesel motor fuel imported, 46 manufactured, [subjected to enhancement,] sold, received or possessed by 47 any person in this state, which such person cannot otherwise account for 48 as having been sold subject to the tax required to be collected by 49 subdivision (a) of section eleven hundred five or paid by the provisions 50 of section eleven hundred ten of this article, has been sold subject to 51 the tax required to be collected by subdivision (a) of section eleven 52 hundred five or paid by the provisions of section eleven hundred ten 53 except that no such presumption shall apply with respect to motor fuel 54 or diesel motor fuel in the fuel tank of a motor vehicle used to propel 55 such vehicle or to motor fuel in small drums or similar containers. The
S. 2811--B 76 1 burden of proving that any sale is not so subject shall be upon the 2 person required to collect such tax and the purchaser of such fuel. 3 S 44. Subparagraph (iii) of paragraph 1 of subdivision (a) of section 4 1134 of the tax law, as amended by section 160 of part A of chapter 389 5 of the laws of 1997, is amended to read as follows: 6 (iii) every person selling [automotive fuel] PETROLEUM PRODUCTS 7 including persons who or which are not distributors, 8 S 45. Subdivision (d) of section 1135 of the tax law, as amended by 9 chapter 44 of the laws of 1985 and as relettered by chapter 61 of the 10 laws of 1989, is amended to read as follows: 11 (d) Every person selling or holding large volumes of [automotive fuel] 12 PETROLEUM PRODUCTS shall keep records for such periods and in the manner 13 prescribed by the [tax commission] COMMISSIONER pursuant to rules and 14 regulations. Such records shall show (1) the number of gallons of [auto- 15 motive fuel] PETROLEUM PRODUCTS purchased, the price paid therefor, the 16 amount of tax paid pursuant to the provisions of section eleven hundred 17 two of this article [and the regional average retail sales price appli- 18 cable thereto] and (2) the number of gallons sold, and the price paid by 19 the purchaser to whom such person sells the [automotive fuel] PETROLEUM 20 PRODUCTS, and the amount of tax included in such price pursuant to the 21 provisions of section eleven hundred two of this article and the 22 [regional average retail sales price or the] amount of tax collected 23 pursuant to the provisions of subdivision (a) of section eleven hundred 24 five of this article applicable to such sale together with such addi- 25 tional information as the [tax commission] COMMISSIONER shall require. 26 The [regional average retail sales price, and the] amount of tax shall 27 be calculated in the manner set forth in section eleven hundred eleven 28 of this article. 29 S 46. Subdivision (a) of section 1136 of the tax law, as amended by 30 chapter 89 of the laws of 1976, paragraphs 1, 2, 3 and 5 as amended and 31 paragraph 6 as added by chapter 2 of the laws of 1995 and paragraphs 4 32 and 7 as amended by section 2-e of part M-1 of chapter 106 of the laws 33 of 2006, is amended to read as follows: 34 (a) (1) Every person required to register with the commissioner as 35 provided in section eleven hundred thirty-four OF THIS PART whose taxa- 36 ble receipts, amusement charges and rents total less than three hundred 37 thousand dollars, or in the case of any such person who is a distributor 38 whose sales of [automotive fuel] PETROLEUM PRODUCTS total less than one 39 hundred thousand gallons, in every quarter of the preceding four quar- 40 ters, shall only file a return quarterly with the commissioner. 41 (2) Every person required to register with the commissioner as 42 provided in section eleven hundred thirty-four OF THIS PART whose taxa- 43 ble receipts, amusement charges and rents total three hundred thousand 44 dollars or more, or in the case of any such person who is a distributor 45 whose sales of [automotive fuel] PETROLEUM PRODUCTS total one hundred 46 thousand gallons or more, in any quarter of the preceding four quarters, 47 shall, in addition to filing a quarterly return described in paragraph 48 one of this subdivision, and except as otherwise provided in section 49 eleven hundred two or eleven hundred three of this article, file either 50 a long-form or short-form part-quarterly return monthly with the commis- 51 sioner. 52 (3) However, a person required to register with the commissioner as 53 provided in section eleven hundred thirty-four OF THIS PART only because 54 such person is purchasing or selling tangible personal property for 55 resale, and who is not required to collect any tax or pay any tax 56 directly to the commissioner under this article, shall file an informa-
S. 2811--B 77 1 tion return annually in such form as the commissioner may prescribe. 2 Likewise, a person, who is required to register and who is selling 3 [automotive fuel] PETROLEUM PRODUCTS who is not a distributor of motor 4 fuel, shall file an information return quarterly or, if the commissioner 5 deems necessary, monthly, in such form as the commissioner shall 6 prescribe. 7 (4) The return of a vendor of tangible personal property or services 8 shall show such vendor's receipts from sales and the number of gallons 9 of any motor fuel or diesel motor fuel sold and also the aggregate value 10 of tangible personal property and services and number of gallons of such 11 fuels sold by the vendor, the use of which is subject to tax under this 12 article, and the amount of tax payable thereon pursuant to the 13 provisions of section eleven hundred thirty-seven of this part. The 14 return of a recipient of amusement charges shall show all such charges 15 and the amount of tax thereon, and the return of an operator required to 16 collect tax on rents shall show all rents received or charged and the 17 amount of tax thereon. 18 (5) The returns of any seller of [automotive fuel] PETROLEUM PRODUCTS 19 shall show the number of gallons of [automotive fuel] PETROLEUM PRODUCTS 20 sold, together with such additional information as the commissioner 21 shall require in order to certify the amount of taxes, penalties and 22 interest payable to local taxing jurisdictions imposed on the sale or 23 use of [automotive fuel] PETROLEUM PRODUCTS pursuant to the provisions 24 of section twelve hundred sixty-one of this chapter. 25 (6) The returns of any seller of cigarettes shall show the amount of 26 prepaid tax assumed or paid thereon and passed through, together with 27 such additional information as the commissioner shall require. 28 (7) Taxable receipts as used in this section shall include taxable 29 receipts from the sale of [automotive fuel] PETROLEUM PRODUCTS and ciga- 30 rettes and any receipts from the sale of motor fuel or diesel motor fuel 31 or cigarettes in this state whether or not such receipts are subject to 32 the taxes imposed by section eleven hundred two, eleven hundred three, 33 eleven hundred five or eleven hundred ten of this article and regardless 34 of whether the provisions of section eleven hundred twenty or eleven 35 hundred twenty-one of this article are applicable to the taxes imposed 36 in respect of such receipts or numbers of gallons of motor fuel or 37 diesel motor fuel sold. 38 [(i)] (8) For purposes of this article the term "long-form, part-quar- 39 terly return" shall mean a return in a form determined by the [tax 40 commission] COMMISSIONER providing for the calculation of the actual 41 sales and compensating use taxes for the preceding month in the manner 42 set forth in subdivisions (a) and (b) of section eleven hundred thirty- 43 seven OF THIS PART. A person filing a long-form, part-quarterly return 44 for each of the months contained in a quarter shall also be required to 45 file a quarterly return for such quarter. 46 [(ii)] (9) For purposes of this article the term "short-form, part- 47 quarterly return" shall mean a return which shall be available for use 48 in filing as a return for the first two months of any quarter and only 49 by a person required to file a return monthly who has had at least four 50 successive quarterly tax periods immediately preceding the month for 51 which the return is to be filed and who elects such use, and is in a 52 form determined by the [tax commission] COMMISSIONER and providing for 53 the calculation of one-third of the total state and local sales and 54 compensating use taxes paid by the person to the [tax commission] 55 COMMISSIONER in the comparable quarter of the immediately preceding year 56 under this article and as taxes imposed pursuant to the authority of
S. 2811--B 78 1 article twenty-nine with respect to all receipts, amusement charges and 2 rents. 3 S 47. Subdivision 11 of section 1142 of the tax law, as added by chap- 4 ter 930 of the laws of 1982, is amended to read as follows: 5 11. To make such provision pursuant to rules and regulations for the 6 joint administration, in whole or in part, of the state and local taxes 7 imposed by this article and authorized by article twenty-nine of this 8 chapter upon the sale of [automotive fuel] PETROLEUM PRODUCTS and the 9 taxes imposed by article twelve-A of this chapter and authorized to be 10 imposed by such article, including the joint reporting, assessment, 11 collection, determination and refund of such taxes, and for that purpose 12 to prescribe that any of the [commission's] COMMISSIONER'S functions 13 under said articles, and any returns, forms, statements, documents or 14 information to be submitted to the [commission] COMMISSIONER under said 15 articles, any books and records to be kept for purposes of the taxes 16 imposed or authorized by said articles, any schedules of amounts to be 17 collected under said articles, any registration required under said 18 articles, and the payment of taxes under said articles shall be on a 19 joint basis with respect to the taxes imposed by said articles. 20 S 48. Subparagraph (i) of paragraph 3 of subdivision (a) of section 21 1145 of the tax law, as amended by chapter 2 of the laws of 1995, is 22 amended to read as follows: 23 (i) Any person required to obtain a certificate of authority under 24 section eleven hundred thirty-four OF THIS PART who, without possessing 25 a valid certificate of authority, (A) sells tangible personal property 26 or services subject to tax, receives amusement charges or operates a 27 hotel, (B) purchases or sells tangible personal property for resale, (C) 28 sells [automotive fuel] PETROLEUM PRODUCTS, or (D) sells cigarettes 29 shall, in addition to any other penalty imposed by this chapter, be 30 subject to a penalty in an amount not exceeding five hundred dollars for 31 the first day on which such sales or purchases are made, plus an amount 32 not exceeding two hundred dollars for each subsequent day on which such 33 sales or purchases are made, not to exceed ten thousand dollars in the 34 aggregate. 35 S 49. Subparagraph (i) of paragraph 3 of subdivision (a) of section 36 1210 of the tax law, as amended by section 2 of part B of chapter 35 of 37 the laws of 2006, is amended to read as follows: 38 (i) Notwithstanding any other provision of law to the contrary but not 39 with respect to cities subject to the provisions of section eleven 40 hundred eight of this [article] CHAPTER, any city or county, except a 41 county wholly contained within a city, may provide that the taxes 42 imposed, pursuant to this subdivision, by such city or county on the 43 retail sale or use of fuel oil and coal used for residential purposes, 44 the retail sale or use of wood used for residential heating purposes, 45 the sale, other than for resale, of propane (except when sold in 46 containers of less than one hundred pounds), natural gas, electricity, 47 steam and gas, electric and steam services used for residential purposes 48 and the use of gas or electricity used for residential purposes may be 49 imposed at a lower rate than the uniform local rate imposed pursuant to 50 the opening paragraph of this section, as long as such rate is one of 51 the rates authorized by such paragraph or such sale or use may be 52 exempted from such taxes. Provided, however, such lower rate must apply 53 to all such energy sources and services and at the same rate and no such 54 exemption may be enacted unless such exemption applies to all such ener- 55 gy sources and services. The provisions of this subparagraph shall not 56 apply to a sale or use of [(i)] diesel motor fuel which involves a
S. 2811--B 79 1 delivery at a filling station or into a repository which is equipped 2 with a hose or other apparatus by which such fuel can be dispensed into 3 the fuel tank of a motor vehicle [and (ii) enhanced diesel motor fuel 4 except in the case of a sale or use of such enhanced diesel motor fuel 5 used exclusively for residential purposes which is delivered into a 6 storage tank which is not equipped with a hose or other apparatus by 7 which such fuel can be dispensed into the fuel tank of a motor vehicle 8 and such storage tank is attached to the heating unit burning such fuel, 9 provided that each delivery of such fuel of over four thousand five 10 hundred gallons shall be evidenced by a certificate signed by the 11 purchaser stating that the product will be used exclusively for residen- 12 tial purposes]. 13 S 50. Subdivision (c) of section 1812 of the tax law, as amended by 14 section 25 of subpart I of part V-1 of chapter 57 of the laws of 2009, 15 is amended to read as follows: 16 (c) Any owner of a filling station who shall willfully and knowingly 17 have in his OR HER custody, possession or under his OR HER control any 18 motor fuel or Diesel motor fuel [on which] (1) ON WHICH the taxes 19 imposed by or pursuant to the authority of such article have not been 20 assumed or paid by a distributor registered as such under such article 21 [or], (2) ON WHICH the taxes imposed by or pursuant to the authority of 22 such article have not been included in the cost to him OR HER of such 23 fuel where such taxes were required to have been passed through to him 24 OR HER and included in the cost to him OR HER of such fuel, OR (3) 25 WHICH IS DYED DIESEL MOTOR FUEL AS DEFINED BY SUBDIVISION EIGHTEEN-A OF 26 SECTION TWO HUNDRED EIGHTY-TWO OF THIS CHAPTER (EXCEPT FOR WATER-WHITE 27 KEROSENE), shall [in either case,] be guilty of a class E felony. For 28 purposes of this subdivision, such owner shall willfully and knowingly 29 have in his OR HER custody, possession or under his OR HER control any 30 motor fuel or Diesel motor fuel on which such taxes have not been 31 assumed or paid by a distributor registered as such where such owner has 32 knowledge of the requirement that such taxes be paid and where, to his 33 OR HER knowledge, such taxes have not been assumed or paid by a regis- 34 tered distributor on such motor fuel or Diesel motor fuel. Such owner 35 shall willfully and knowingly have in his OR HER custody, possession or 36 under his OR HER control any motor fuel or Diesel motor fuel on which 37 such taxes are required to have been passed through to him OR HER and 38 have not been included in his OR HER cost where such owner has knowledge 39 of the requirement that such taxes be passed through and where to his 40 knowledge such taxes have not been so included. SUCH OWNER SHALL WILL- 41 FULLY AND KNOWINGLY HAVE IN HIS OR HER CUSTODY, POSSESSION OR UNDER HIS 42 OR HER CONTROL ANY DYED DIESEL MOTOR FUEL (EXCEPT WATER-WHITE KEROSENE) 43 WHERE SUCH OWNER HAS KNOWLEDGE OF THE REQUIREMENT THAT DYED DIESEL MOTOR 44 FUEL (EXCEPT WATER-WHITE KEROSENE) MAY NOT BE IN HIS OR HER CUSTODY, 45 POSSESSION OR UNDER HIS OR HER CONTROL. 46 S 51. Subdivision (e) of section 1812 of the tax law is REPEALED and 47 subdivision (f) is relettered subdivision (e). 48 S 52. Section 1812-a of the tax law, as added by chapter 261 of the 49 laws of 1988, is amended to read as follows: 50 S 1812-a. Person not registered as distributor of Diesel motor fuel. 51 (a) Any person who, while not registered as a distributor of Diesel 52 motor fuel pursuant to the provisions of article twelve-A of this chap- 53 ter, [engages in the enhancement,] makes a sale or use within the state 54 of Diesel motor fuel (other than a retail sale not in bulk or the self- 55 use of Diesel motor fuel which has been the subject of a retail sale), 56 imports or causes Diesel motor fuel to be imported into the state or
S. 2811--B 80 1 produces, refines, manufactures or compounds Diesel motor fuel within 2 the state shall be guilty of a misdemeanor. If, within any ninety day 3 period, two thousand nine hundred gallons or more of Diesel motor fuel 4 are subjected to [enhancement or] sale or use (other than a retail sale 5 not in bulk or the self-use of Diesel motor fuel which has been the 6 subject of a retail sale) within the state or are imported or caused to 7 be imported by any person while not so registered as a distributor of 8 Diesel motor fuel, such person shall be guilty of a class E felony. 9 (b) Any person whose registration under article twelve-A of this chap- 10 ter applies only to the importation, sale and distribution of Diesel 11 motor fuel for [the purposes] USE OTHER THAN ON A PUBLIC HIGHWAY AS 12 described in subparagraph (i) of paragraph (b) of subdivision three of 13 section two hundred eighty-two-a of this chapter who delivers NON-HIGH- 14 WAY Diesel motor fuel at a filling station [other than for the sole 15 purpose of heating such station] or into a repository equipped with a 16 hose or other apparatus by which NON-HIGHWAY Diesel motor fuel can be 17 dispensed into the fuel tank of a motor vehicle, other than such a 18 repository which is located on the premises of such registrant where the 19 Diesel motor fuel delivered therein is used exclusively for the purpose 20 of fueling motor vehicles operated by registrant for the purpose of 21 distributing Diesel motor fuel for the purposes described in such 22 subparagraph (i), shall be guilty of a misdemeanor. If, within any nine- 23 ty day period, any such person whose registration under article twelve-A 24 of this chapter applies only to the importation, sale and distribution 25 of NON-HIGHWAY Diesel motor fuel for the purposes described in subpara- 26 graph (i) of paragraph (b) of subdivision three of section two hundred 27 eighty-two-a of this chapter so unlawfully delivers a total of one thou- 28 sand gallons or more of Diesel motor fuel at such filling station or 29 stations or into such repository or repositories (or a combination of 30 both such filling stations and repositories), then, such person shall be 31 guilty of a class E felony. 32 (c) Any person who has twice been convicted under this section shall 33 be guilty of a class E felony for any subsequent violation of this 34 section, regardless of the amount of Diesel motor fuel involved in such 35 violation. For purposes of this section, the terms ["enhancement"] 36 "NON-HIGHWAY DIESEL MOTOR FUEL" and "retail sale not in bulk" shall have 37 the same meaning they have for purposes of article twelve-A of this 38 chapter. 39 S 53. Subdivisions (a) and (b) of section 1817 of the tax law, as 40 amended by section 30 of subpart I of part V-1 of chapter 57 of the laws 41 of 2009, is amended to read as follows: 42 (a) Any person required to obtain a certificate of authority under 43 section eleven hundred thirty-four of this chapter who, without possess- 44 ing a valid certificate of authority, willfully (1) sells tangible 45 personal property or services subject to tax, receives amusement charges 46 or operates a hotel, (2) purchases or sells tangible personal property 47 for resale, or (3) sells [automotive fuel] PETROLEUM PRODUCTS; and any 48 person who fails to surrender a certificate of authority as required by 49 such article shall be guilty of a misdemeanor. 50 (b) Any person required to obtain a certificate of authority under 51 section eleven hundred thirty-four of this chapter who within five years 52 after a determination by the [tax commission] COMMISSIONER, pursuant to 53 such section, to suspend, revoke or refuse to issue a certificate of 54 authority has become final, and without possession of a valid certif- 55 icate of authority (1) sells tangible personal property or services 56 subject to tax, receives amusement charges or operates a hotel, (2)
S. 2811--B 81 1 purchases or sells tangible personal property for resale, or (3) sells 2 [automotive fuel] PETROLEUM PRODUCTS, shall be guilty of a misdemeanor. 3 It shall be an affirmative defense that such person performed the acts 4 described in this subdivision without knowledge of such determination. 5 Any person who violates a provision of this subdivision, upon 6 conviction, shall be subject to a fine in any amount authorized by this 7 article, but not less than five hundred dollars, in addition to any 8 other penalty provided by law. 9 S 54. The section heading, subdivisions (a), (b) and (c), paragraph 3, 10 subparagraph (D) of paragraph 4 and paragraph 6 of subdivision (d) and 11 subdivisions (e) and (g) of section 1848 of the tax law, as added by 12 chapter 276 of the laws of 1986 and subparagraph (D) of paragraph 4 and 13 paragraph 6 of subdivision (d) as amended by chapter 190 of the laws of 14 1990, are amended to read as follows: 15 Forfeiture action with respect to motor fuel and DIESEL MOTOR FUEL AND 16 vehicle carrying such fuel. (a) Temporary seizure. Whenever a police 17 officer designated in section 1.20 of the criminal procedure law or a 18 peace officer designated in subdivision four of section 2.10 of such 19 law, acting pursuant to his special duties, shall discover any motor 20 fuel OR DIESEL MOTOR FUEL which is being imported for use, distribution, 21 storage or sale in the state where the person importing or causing such 22 motor fuel OR DIESEL MOTOR FUEL to be imported is not registered as a 23 distributor under section two hundred eighty-three OR SECTION TWO 24 HUNDRED EIGHTY-TWO-A, of this chapter, AS THE CASE MAY BE, such police 25 officer or peace officer is hereby authorized to seize and take 26 possession of such motor fuel OR DIESEL MOTOR FUEL, together with the 27 vehicle or other means of transportation used to transport such motor 28 fuel. 29 (b) Retention of property. The department [of taxation and finance] 30 shall hold and safely keep such motor fuel, DIESEL MOTOR FUEL, vehicle 31 or other means of transportation seized pursuant to subdivision (a) of 32 this section. Seized motor fuel OR DIESEL MOTOR FUEL may be deposited 33 to the credit of the department [of taxation and finance] at a terminal 34 or other storage facility within the state or may be sold by the depart- 35 ment on the open market. 36 (c) Confirmation of temporary seizure. Within five business days after 37 the temporary seizure of motor fuel, DIESEL MOTOR FUEL, vehicle or other 38 means of transportation pursuant to subdivision (a) of this section, the 39 department [of taxation and finance] shall move in supreme court in any 40 county, on such notice as the court shall direct to the owners of the 41 property, to confirm the temporary seizure. If the department [of taxa- 42 tion and finance] fails to make such motion within the required period, 43 such seized property shall be restored to the owners thereof as provided 44 in subdivision (e) of this section. On a motion for an order confirming 45 the seizure, the department [of taxation and finance] shall show, by 46 affidavit and such other written evidence as may be submitted, that 47 there is a cause of action for forfeiture under subdivision (d) of this 48 section and that there are grounds for confirmation of the seizure. The 49 department shall include, in its motion papers, an inventory of all 50 seized property. The court shall grant an application for an order 51 confirming the seizure when it determines that there is a substantial 52 probability that the department [of taxation and finance] will prevail 53 on the issue of forfeiture. 54 (3) Forfeiture of motor fuel OR DIESEL MOTOR FUEL together with the 55 vehicle or other means of transportation used to transport such motor 56 fuel OR DIESEL MOTOR FUEL shall be adjudged where the department [of
S. 2811--B 82 1 taxation and finance] proves, by clear and convincing evidence, that the 2 person importing or causing such motor fuel OR DIESEL MOTOR FUEL to be 3 imported was not registered as a distributor under section two hundred 4 eighty-three OR SECTION TWO HUNDRED EIGHTY-TWO-A of this chapter, AS THE 5 CASE MAY BE. All defendants in a forfeiture action brought pursuant to 6 this article shall have the right to trial by jury on any issue of fact. 7 (D) The court may grant the relief provided in subparagraph (A) [here- 8 of] OF THIS PARAGRAPH if it finds that such relief is warranted by the 9 existence of some compelling factor, consideration or circumstance 10 demonstrating that forfeiture of the property or any part thereof, would 11 not serve the ends of justice. Reporting and payment of the tax imposed 12 pursuant to article twelve-A or article twenty-eight of this chapter 13 with respect to such motor fuel OR DIESEL MOTOR FUEL subsequent to the 14 seizure of such fuel shall not constitute a compelling factor, consider- 15 ation or circumstance warranting the granting of the relief provided for 16 in subparagraph (A) [hereof] of this paragraph. In determining whether 17 such relief is warranted by the existence of some compelling factor, 18 consideration or circumstances pursuant to this paragraph, the court 19 may, however, take into account the fact that such taxes with respect to 20 the seized fuel have been reported and remitted to the state prior to 21 the temporary seizure of such fuel if the unregistered importation into 22 the state was effected in good faith and without knowledge of the 23 requirement of registration and without intent to evade tax. The court 24 must issue a written decision, stating the basis for an order issued 25 pursuant to this paragraph. 26 (6) The total that may be recovered shall not exceed the value of the 27 motor fuel OR DIESEL MOTOR FUEL seized and, in addition, either the 28 value of the vehicle or other means of transportation used to transport 29 such fuel or three times the amount of the tax and penalty under arti- 30 cles twelve-A, thirteen-A and twenty-eight and pursuant to the authority 31 of article twenty-nine of this chapter with respect to the motor fuel OR 32 DIESEL MOTOR FUEL, whichever is less. 33 (e) Return of property. If (1) the department [of taxation and 34 finance] fails to move for confirmation of the seizure pursuant to 35 subdivision (c) of this section or (2) a court denies an application for 36 an order confirming the seizure or (3) judgment is entered against the 37 department in the forfeiture action and that judgment is affirmed after 38 all appeals are exhausted, then the department shall restore such seized 39 motor fuel OR DIESEL MOTOR FUEL, or motor fuel OR DIESEL MOTOR FUEL of a 40 like quantity and type, or such seized vehicle or other means of trans- 41 portation to the owners thereof. Alternatively, if such seized motor 42 fuel OR DIESEL MOTOR FUEL has been sold as provided in subdivision (b) 43 of this section, the department shall pay to the owners of such motor 44 fuel OR DIESEL MOTOR FUEL the proceeds of such sale or, if greater, an 45 amount of money representing the fair market value of the motor fuel OR 46 DIESEL MOTOR FUEL at the time of the seizure. 47 (g) Disposal of property. The department [of taxation and finance], 48 after a judicial determination of forfeiture, shall, in its discretion, 49 either retain such seized property for its official use or sell such 50 forfeited property at public sale. The net proceeds of any such sale, or 51 of any sale of seized motor fuel OR DIESEL MOTOR FUEL as provided in 52 subdivision (b) of this section, after deduction of the lawful expenses 53 incurred, shall be deposited and disposed of pursuant to the provisions 54 of section one hundred seventy-one-a of this chapter with respect to 55 deposit and disposition of revenue.
S. 2811--B 83 1 S 55. Paragraph (q) of subdivision 34 of section 1.20 of the criminal 2 procedure law, as amended by chapter 318 of the laws of 2002, is amended 3 to read as follows: 4 (q) An employee of the department of taxation and finance (i) assigned 5 to enforcement of the taxes imposed under or pursuant to the authority 6 of article twelve-A of the tax law and administered by the commissioner 7 of taxation and finance, taxes imposed under or pursuant to the authori- 8 ty of article eighteen of the tax law and administered by the commis- 9 sioner, taxes imposed under article twenty of the tax law, or sales or 10 compensating use taxes relating to [automotive fuel] PETROLEUM PRODUCTS 11 or cigarettes imposed under article twenty-eight or pursuant to the 12 authority of article twenty-nine of the tax law and administered by the 13 commissioner or (ii) designated as a revenue crimes specialist and 14 assigned to the enforcement of the taxes described in paragraph (c) of 15 subdivision four of section 2.10 of this title, for the purpose of 16 applying for and executing search warrants under article six hundred 17 ninety of this chapter, for the purpose of acting as a claiming agent 18 under article thirteen-A of the civil practice law and rules in 19 connection with the enforcement of the taxes referred to above and for 20 the purpose of executing warrants of arrest relating to the respective 21 crimes specified in subdivision four of section 2.10 of this title. 22 S 56. Paragraph (a) of subdivision 4 of section 2.10 of the criminal 23 procedure law, as amended by chapter 2 of the laws of 1995, is amended 24 to read as follows: 25 (a) to the enforcement of any of the criminal or seizure and forfei- 26 ture provisions of the tax law relating to (i) taxes imposed under or 27 pursuant to the authority of article twelve-A of the tax law and admin- 28 istered by the commissioner, (ii) taxes imposed under or pursuant to the 29 authority of article eighteen of the tax law and administered by the 30 commissioner, (iii) taxes imposed under article twenty of the tax law, 31 or (iv) sales or compensating use taxes relating to [automotive fuel] 32 PETROLEUM PRODUCTS or cigarettes imposed under article twenty-eight or 33 pursuant to the authority of article twenty-nine of the tax law and 34 administered by the commissioner or 35 S 57. Sections 11-2033, 11-2034, 11-2035, 11-2036, 11-2037 and 11-2038 36 of the administrative code of the city of New York are REPEALED. 37 S 58. This act shall take effect September 1, 2011 and shall apply to 38 sales or uses occurring on or after such date in accordance with the 39 applicable transitional provisions in sections 1106 and 1217 of the tax 40 law; provided, however, that: 41 (a) the amendments to subdivisions 22 and 23 of section 282 of the tax 42 law, made by section one of this act shall not affect the repeal of such 43 subdivisions and shall be deemed repealed therewith; 44 (b) the amendments to paragraph 2 of subdivision (a) of section 1102 45 of the tax law made by section thirty-nine of this act shall be subject 46 to the expiration and reversion of such paragraph pursuant to section 19 47 of part W-1 of chapter 109 of the laws of 2006, as amended, when upon 48 such date the provisions of section thirty-nine-a of this act shall take 49 effect; and 50 (c) the amendments to subdivision (j) of section 1115 of the tax law 51 made by section forty-one of this act shall be subject to the expiration 52 and reversion of such subdivision pursuant to section 19 of part W-1 of 53 chapter 109 of the laws of 2006, as amended, when upon such date the 54 provisions of section forty-one-a of this act shall take effect. 55 PART L
S. 2811--B 84 1 Section 1. Subdivision 22 of section 282 of the tax law, as added by 2 section 1 of part W-1 of chapter 109 of the laws of 2006, is amended to 3 read as follows: 4 22. "E85" means a [mixture consisting by volume of eighty-five 5 percent] FUEL BLEND CONSISTING OF ethanol and [the remainder of which 6 is] motor fuel, WHICH MEETS THE ASTM INTERNATIONAL ACTIVE STANDARD D5798 7 FOR FUEL ETHANOL. 8 S 2. Section 19 of part W-1 of chapter 109 of the laws of 2006, amend- 9 ing the tax law relating to providing exemptions, reimbursements and 10 credits from various taxes for certain alternative fuels, is amended to 11 read as follows: 12 S 19. This act shall take effect immediately; provided, however, that 13 sections one through thirteen of this act shall take effect September 1, 14 2006 and shall be deemed repealed on September 1, [2011] 2012 and such 15 repeal shall apply in accordance with the applicable transitional 16 provisions of sections 1106 and 1217 of the tax law, and shall apply to 17 sales made, fuel compounded or manufactured, and uses occurring on or 18 after such date, and with respect to sections seven through eleven of 19 this act, in accordance with applicable transitional provisions of 20 sections 1106 and 1217 of the tax law; provided, however, that the 21 commissioner of taxation and finance shall be authorized on and after 22 the date this act shall have become a law to adopt and amend any rules 23 or regulations and to take any steps necessary to implement the 24 provisions of this act; provided further that sections fourteen through 25 sixteen of this act shall take effect immediately and shall apply to 26 taxable years beginning on or after January 1, 2006. 27 S 3. This act shall take effect immediately; provided, however, that 28 the amendments made to subdivision 22 of section 282 of the tax law made 29 by section one of this act shall not affect the repeal of such subdivi- 30 sion and shall be deemed repealed therewith. 31 PART M 32 Section 1. Section 11 of part EE of chapter 63 of the laws of 2000, 33 amending the tax law and other laws relating to modifying the distrib- 34 ution of funds from the motor vehicle fuel excise tax, as amended by 35 section 1-b of part A of chapter 63 of the laws of 2005, is amended to 36 read as follows: 37 S 11. Notwithstanding any other law, rule or regulation to the contra- 38 ry, the comptroller is hereby authorized and directed to deposit in 39 equal monthly installments and distribute pursuant to the provisions of 40 subdivision (d) of section 301-j of the tax law amounts listed below to 41 the credit of the dedicated highway and bridge trust fund and the dedi- 42 cated mass transportation trust fund from [taxes and fees] ALL MOTOR 43 VEHICLE RECEIPTS now deposited into the general fund pursuant to 44 provisions of the vehicle and traffic law: twenty-eight million four 45 hundred thousand dollars from April 1, 2002 through March 31, 2003, 46 sixty-seven million nine hundred thousand dollars from April 1, 2003 47 through March 31, 2004, one hundred seventy million one hundred thousand 48 dollars from April 1, 2004 through March 31, 2005, and one hundred 49 percent of all [taxes and fees] MOTOR VEHICLE RECEIPTS pursuant to 50 provisions of the vehicle and traffic law that are not otherwise 51 directed to be deposited in a fund other than the general fund from 52 April 1, 2005 through March 31, 2006, and the same amount each year 53 thereafter. 54 S 2. This act shall take effect April 1, 2011.
S. 2811--B 85 1 PART N 2 Section 1. Paragraph 1 of subdivision a of section 1612 of the tax 3 law, as amended by chapter 147 of the laws of 2010, is amended to read 4 as follows: 5 (1) sixty percent of the total amount for which tickets have been sold 6 for a lawful KENO OR SIMILAR STYLE lottery game [introduced on or after 7 the effective date of this paragraph, subject to the following 8 provisions: 9 (A) such game shall be available only on premises occupied by licensed 10 lottery sales agents, subject to the following provisions: 11 (i) if the licensee holds a license issued pursuant to the alcoholic 12 beverage control law to sell alcoholic beverages for consumption on the 13 premises, then not less than twenty-five percent of the gross sales must 14 result from sales of food; 15 (ii) if the licensee does not hold a license issued pursuant to the 16 alcoholic beverage control law to sell alcoholic beverages for consump- 17 tion on the premises, then the premises must have a minimum square 18 footage greater than two thousand five hundred square feet; 19 (iii) notwithstanding the foregoing provisions, television equipment 20 that automatically displays the results of such drawings may be 21 installed and used without regard to the percentage of food sales or the 22 square footage if such premises are used as: 23 (I) a commercial bowling establishment, or 24 (II) a facility authorized under the racing, pari-mutuel wagering and 25 breeding law to accept pari-mutuel wagers; 26 (B) the rules for the operation of such game shall be as prescribed by 27 regulations promulgated and adopted by the division, provided however, 28 that such rules shall provide that no person under the age of twenty-one 29 may participate in such games on the premises of a licensee who holds a 30 license issued pursuant to the alcoholic beverage control law to sell 31 alcoholic beverages for consumption on the premises; and, provided, 32 further, that such regulations may be revised on an emergency basis not 33 later than ninety days after the enactment of this paragraph in order to 34 conform such regulations to the requirements of this paragraph]; or 35 S 2. This act shall take effect immediately. 36 PART O 37 Section 1. Subparagraph (ii) of paragraph 1 of subdivision b of 38 section 1612 of the tax law is amended by adding a new clause (I) to 39 read as follows: 40 (I) NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, FREE PLAY 41 ALLOWANCE CREDITS AUTHORIZED BY THE DIVISION PURSUANT TO SUBDIVISION F 42 OF SECTION SIXTEEN HUNDRED SEVENTEEN-A OF THIS ARTICLE SHALL NOT BE 43 INCLUDED IN THE CALCULATION OF THE TOTAL AMOUNT WAGERED ON VIDEO LOTTERY 44 GAMES, THE TOTAL AMOUNT WAGERED AFTER PAYOUT OF PRIZES, THE VENDOR FEES 45 PAYABLE TO THE OPERATORS OF VIDEO LOTTERY FACILITIES, VENDOR'S CAPITAL 46 AWARDS, FEES PAYABLE TO THE DIVISION'S VIDEO LOTTERY GAMING EQUIPMENT 47 CONTRACTORS, OR RACING SUPPORT PAYMENTS. 48 S 2. Section 1617-a of the tax law is amended by adding a new subdivi- 49 sion f to read as follows: 50 F. (1) THE DIVISION MAY ADMINISTER A FREE PLAY ALLOWANCE PROGRAM TO 51 OFFER PLAYERS OR PROSPECTIVE PLAYERS OF VIDEO LOTTERY GAMES FREE PLAY 52 CREDITS FOR THE PURPOSE OF INCREASING REVENUES EARNED BY THE VIDEO 53 LOTTERY PROGRAM FOR THE SUPPORT OF EDUCATION. FOR THE PURPOSES OF THIS
S. 2811--B 86 1 SUBDIVISION, "FREE PLAY ALLOWANCE CREDIT" MEANS A SPECIFIED DOLLAR 2 AMOUNT THAT (I) MAY BE USED BY A PLAYER TO PLAY A VIDEO LOTTERY GAME 3 WITHOUT PAYING ANY OTHER CONSIDERATION, AND (II) IS NOT USED IN THE 4 CALCULATION OF TOTAL REVENUE WAGERED AFTER PAYOUT OF PRIZES. 5 (2) FOR EACH VIDEO LOTTERY FACILITY, THE DIVISION SHALL AUTHORIZE THE 6 USE OF FREE PLAY ALLOWANCE CREDITS IF THE OPERATOR OF SUCH FACILITY 7 SUBMITS A WRITTEN PLAN FOR THE USE OF THE FREE PLAY ALLOWANCE THAT THE 8 DIVISION DETERMINES IS DESIGNED TO INCREASE THE AMOUNT OF REVENUE EARNED 9 BY VIDEO LOTTERY GAMING AT SUCH FACILITY FOR THE SUPPORT OF EDUCATION. 10 (3) FOR EACH VIDEO LOTTERY FACILITY, THE ANNUAL VALUE OF THE FREE PLAY 11 ALLOWANCE CREDITS AUTHORIZED FOR USE BY THE OPERATOR PURSUANT TO THIS 12 SUBDIVISION SHALL NOT EXCEED AN AMOUNT EQUAL TO TEN PERCENT OF THE TOTAL 13 AMOUNT WAGERED ON VIDEO LOTTERY GAMES AFTER PAYOUT OF PRIZES. THE DIVI- 14 SION SHALL ESTABLISH PROCEDURES TO ASSURE THAT FREE PLAY ALLOWANCE CRED- 15 ITS DO NOT EXCEED SUCH AMOUNT. 16 (4) THE DIVISION, IN CONJUNCTION WITH THE DIRECTOR OF THE BUDGET, MAY 17 SUSPEND THE USE OF FREE PLAY ALLOWANCE CREDITS AUTHORIZED PURSUANT TO 18 THIS SUBDIVISION WHENEVER THEY JOINTLY DETERMINE THAT THE USE OF FREE 19 PLAY ALLOWANCE CREDITS ARE NOT EFFECTIVE IN INCREASING THE AMOUNT OF 20 REVENUE EARNED FOR THE SUPPORT OF EDUCATION, AND SUCH USE MAY NOT BE 21 RESUMED UNLESS THE OPERATOR OF SUCH FACILITY SUBMITS A NEW OR REVISED 22 WRITTEN PLAN FOR THE USE OF THE FREE PLAY ALLOWANCE THAT THE DIVISION 23 DETERMINES IS DESIGNED MORE EFFECTIVELY TO PRODUCE AN INCREASE IN THE 24 AMOUNT OF REVENUE EARNED BY VIDEO LOTTERY GAMING AT SUCH FACILITY FOR 25 THE SUPPORT OF EDUCATION. 26 (5) NOTHING IN THIS SUBDIVISION SHALL BE DEEMED TO PROHIBIT THE OPERA- 27 TOR OF A VIDEO LOTTERY FACILITY FROM OFFERING FREE PLAY CREDITS TO PLAY- 28 ERS OR PROSPECTIVE PLAYERS OF VIDEO LOTTERY GAMES WHEN THE VALUE OF SUCH 29 FREE PLAY CREDITS IS INCLUDED IN THE CALCULATION OF THE TOTAL AMOUNT 30 WAGERED ON VIDEO LOTTERY GAMES AND THE TOTAL AMOUNT WAGERED AFTER PAYOUT 31 OF PRIZES, AND THE OPERATOR OF SUCH FACILITY PAYS THE DIVISION THE FULL 32 AMOUNT DUE AS THE RESULT OF SUCH CALCULATIONS. 33 (6) THE DIVISION MAY AMEND THE CONTRACT WITH THE PROVIDER OF THE 34 CENTRAL COMPUTER SYSTEM THAT CONTROLS THE VIDEO LOTTERY NETWORK DURING 35 THE TERM OF SUCH CONTRACT IN EFFECT ON THE EFFECTIVE DATE OF THIS SUBDI- 36 VISION TO PROVIDE ADDITIONAL CONSIDERATION TO SUCH PROVIDER IN AN AMOUNT 37 DETERMINED BY THE DIVISION TO BE NECESSARY TO COMPENSATE FOR (I) PROC- 38 ESSING FREE PLAY ALLOWANCE TRANSACTIONS AND (II) SYSTEM UPDATES AND 39 MODIFICATIONS OTHERWISE NEEDED AS OF SUCH EFFECTIVE DATE. 40 S 3. This act shall take effect immediately. 41 PART P 42 Section 1. Paragraph 2 of subdivision a of section 1612 of the tax 43 law, as amended by section 1 of part P of chapter 85 of the laws of 44 2002, is amended to read as follows: 45 (2) sixty-five percent of the total amount for which tickets have been 46 sold for the "Instant Cash" game in which the participant purchases a 47 preprinted ticket on which dollar amounts or symbols are concealed on 48 the face or the back of such ticket, provided however up to [three such] 49 FIVE NEW games may be offered during the fiscal year, seventy-five 50 percent of the total amount for which tickets have been sold for such 51 [three] FIVE games in which the participant purchases a preprinted tick- 52 et on which dollar amounts or symbols are concealed on the face or the 53 back of such ticket; or 54 S 2. This act shall take effect immediately.
S. 2811--B 87 1 PART Q 2 Section 1. Paragraph 3 of subdivision a of section 1612 of the tax 3 law, as amended by section 2 of part D of chapter 383 of the laws of 4 2001, is amended to read as follows: 5 (3) fifty percent of the total amount for which tickets have been sold 6 for games known as: (A) the "Daily Numbers Game" or "Win 4", discrete 7 games in which the participants select no more than three or four of 8 their own numbers to match with three or four numbers drawn by the divi- 9 sion for purposes of determining winners of such games, (B) "Pick 10", 10 offered no more than once daily, in which participants select from a 11 specified field of numbers a subset of ten numbers to match against a 12 subset of numbers to be drawn by the division from such field of numbers 13 for the purpose of determining winners of such game, (C) "Take 5", 14 offered no more than once daily, in which participants select from a 15 specified field of numbers a subset of five numbers to match against a 16 subset of five numbers to be drawn by the division from such field of 17 numbers for purposes of determining winners of such game, and (D) any 18 joint, multi-jurisdiction, and out-of-state lottery, EXCEPT SUCH PERCENT 19 MAY EXCEED FIFTY PERCENT OF THE TOTAL AMOUNT FOR WHICH TICKETS HAVE BEEN 20 SOLD FOR ANY JOINT, MULTI-JURISDICTION, AND OUT-OF-STATE LOTTERY IF AT 21 LEAST TWO-THIRDS OF THE LOTTERY JURISDICTIONS PARTICIPATING IN SUCH 22 LOTTERY AGREE TO A PERCENTAGE THAT EXCEEDS FIFTY PERCENT AND EXCEPT AS 23 OTHERWISE PROVIDED IN PARAGRAPH ONE OF SUBDIVISION B OF THIS SECTION FOR 24 ANY JOINT, MULTI-JURISDICTION, OUT-OF-STATE VIDEO LOTTERY GAMING; or 25 S 2. This act shall take effect immediately. 26 PART R 27 Section 1. The opening paragraph of paragraph 1 of subdivision b of 28 section 1612 of the tax law, as amended by section 1 of part O-1 of 29 chapter 57 of the laws of 2009, is amended to read as follows: 30 Notwithstanding section one hundred twenty-one of the state finance 31 law, on or before the twentieth day of each month, the division shall 32 pay into the state treasury, to the credit of the state lottery fund 33 created by section ninety-two-c of the state finance law, not less than 34 forty-five percent of the total amount for which tickets have been sold 35 for games defined in paragraph four of subdivision a of this section 36 during the preceding month, not less than thirty-five percent of the 37 total amount for which tickets have been sold for games defined in para- 38 graph three of subdivision a of this section during the preceding month, 39 not less than twenty percent of the total amount for which tickets have 40 been sold for games defined in paragraph two of subdivision a of this 41 section during the preceding month, provided however that for games with 42 a prize payout of seventy-five percent of the total amount for which 43 tickets have been sold, the division shall pay not less than ten percent 44 of sales into the state treasury and not less than twenty-five percent 45 of the total amount for which tickets have been sold for games defined 46 in paragraph one of subdivision a of this section during the preceding 47 month; and the balance of the total revenue after payout for prizes for 48 games known as "video lottery gaming," INCLUDING ANY JOINT, MULTI-JURIS- 49 DICTION, AND OUT-OF-STATE VIDEO LOTTERY GAMING, 50 S 2. Paragraph 1 of subdivision c of section 1612 of the tax law, as 51 amended by section 2 of part CC of chapter 61 of the laws of 2005, is 52 amended to read as follows:
S. 2811--B 88 1 1. The specifications for video lottery gaming, INCLUDING ANY JOINT, 2 MULTI-JURISDICTION, AND OUT-OF-STATE VIDEO LOTTERY GAMING, shall be 3 designed in such a manner as to pay prizes that average no less than 4 ninety percent of sales. 5 S 3. This act shall take effect immediately. 6 PART S 7 Section 1. Paragraph (a) of subdivision 1 of section 1003 of the 8 racing, pari-mutuel wagering and breeding law, as amended by section 1 9 of part C of chapter 134 of the laws of 2010, is amended to read as 10 follows: 11 (a) Any racing association or corporation or regional off-track 12 betting corporation, authorized to conduct pari-mutuel wagering under 13 this chapter, desiring to display the simulcast of horse races on which 14 pari-mutuel betting shall be permitted in the manner and subject to the 15 conditions provided for in this article may apply to the board for a 16 license so to do. Applications for licenses shall be in such form as may 17 be prescribed by the board and shall contain such information or other 18 material or evidence as the board may require. No license shall be 19 issued by the board authorizing the simulcast transmission of thorough- 20 bred races from a track located in Suffolk county. The fee for such 21 licenses shall be five hundred dollars per simulcast facility per year 22 payable by the licensee to the board for deposit into the general fund. 23 Except as provided herein, the board shall not approve any application 24 to conduct simulcasting into individual or group residences, homes or 25 other areas for the purposes of or in connection with pari-mutuel wager- 26 ing. The board may approve simulcasting into residences, homes or other 27 areas to be conducted jointly by one or more regional off-track betting 28 corporations and one or more of the following: a franchised corporation, 29 thoroughbred racing corporation or a harness racing corporation or asso- 30 ciation; provided (i) the simulcasting consists only of those races on 31 which pari-mutuel betting is authorized by this chapter at one or more 32 simulcast facilities for each of the contracting off-track betting 33 corporations which shall include wagers made in accordance with section 34 one thousand fifteen, one thousand sixteen and one thousand seventeen of 35 this article; provided further that the contract provisions or other 36 simulcast arrangements for such simulcast facility shall be no less 37 favorable than those in effect on January first, two thousand five; (ii) 38 that each off-track betting corporation having within its geographic 39 boundaries such residences, homes or other areas technically capable of 40 receiving the simulcast signal shall be a contracting party; (iii) the 41 distribution of revenues shall be subject to contractual agreement of 42 the parties except that statutory payments to non-contracting parties, 43 if any, may not be reduced; provided, however, that nothing herein to 44 the contrary shall prevent a track from televising its races on an 45 irregular basis primarily for promotional or marketing purposes as found 46 by the board. For purposes of this paragraph, the provisions of section 47 one thousand thirteen of this article shall not apply. Any agreement 48 authorizing an in-home simulcasting experiment commencing prior to May 49 fifteenth, nineteen hundred ninety-five, may, and all its terms, be 50 extended until June thirtieth, two thousand [eleven] TWELVE; provided, 51 however, that any party to such agreement may elect to terminate such 52 agreement upon conveying written notice to all other parties of such 53 agreement at least forty-five days prior to the effective date of the 54 termination, via registered mail. Any party to an agreement receiving
S. 2811--B 89 1 such notice of an intent to terminate, may request the board to mediate 2 between the parties new terms and conditions in a replacement agreement 3 between the parties as will permit continuation of an in-home experiment 4 until June thirtieth, two thousand [eleven] TWELVE; and (iv) no in-home 5 simulcasting in the thoroughbred special betting district shall occur 6 without the approval of the regional thoroughbred track. 7 S 2. Subparagraph (iii) of paragraph d of subdivision 3 of section 8 1007 of the racing, pari-mutuel wagering and breeding law, as amended by 9 section 2 of part C of chapter 134 of the laws of 2010, is amended to 10 read as follows: 11 (iii) Of the sums retained by a receiving track located in Westchester 12 county on races received from a franchised corporation, for the period 13 commencing January first, two thousand eight and continuing through June 14 thirtieth, two thousand [eleven] TWELVE, the amount used exclusively for 15 purses to be awarded at races conducted by such receiving track shall be 16 computed as follows: of the sums so retained, two and one-half percent 17 of the total pools. Such amount shall be increased or decreased in the 18 amount of fifty percent of the difference in total commissions deter- 19 mined by comparing the total commissions available after July twenty- 20 first, nineteen hundred ninety-five to the total commissions that would 21 have been available to such track prior to July twenty-first, nineteen 22 hundred ninety-five. 23 S 3. The opening paragraph of subdivision 1 of section 1014 of the 24 racing, pari-mutuel wagering and breeding law, as amended by section 3 25 of part C of chapter 134 of the laws of 2010, is amended to read as 26 follows: 27 The provisions of this section shall govern the simulcasting of races 28 conducted at thoroughbred tracks located in another state or country on 29 any day during which a franchised corporation is conducting a race meet- 30 ing in Saratoga county at Saratoga thoroughbred racetrack until June 31 thirtieth, two thousand [eleven] TWELVE and on any day regardless of 32 whether or not a franchised corporation is conducting a race meeting in 33 Saratoga county at Saratoga thoroughbred racetrack after June thirtieth, 34 two thousand [eleven] TWELVE. On any day on which a franchised corpo- 35 ration has not scheduled a racing program but a thoroughbred racing 36 corporation located within the state is conducting racing, every off- 37 track betting corporation branch office and every simulcasting facility 38 licensed in accordance with section one thousand seven (that have 39 entered into a written agreement with such facility's representative 40 horsemen's organization, as approved by the board), one thousand eight, 41 or one thousand nine of this article shall be authorized to accept 42 wagers and display the live simulcast signal from thoroughbred tracks 43 located in another state or foreign country subject to the following 44 provisions: 45 S 4. Subdivision 1 of section 1015 of the racing, pari-mutuel wagering 46 and breeding law, as amended by section 4 of part C of chapter 134 of 47 the laws of 2010, is amended to read as follows: 48 1. The provisions of this section shall govern the simulcasting of 49 races conducted at harness tracks located in another state or country 50 during the period July first, nineteen hundred ninety-four through June 51 thirtieth, two thousand [eleven] TWELVE. This section shall supersede 52 all inconsistent provisions of this chapter. 53 S 5. The opening paragraph of subdivision 1 of section 1016 of the 54 racing, pari-mutuel wagering and breeding law, as amended by section 5 55 of part C of chapter 134 of the laws of 2010, is amended to read as 56 follows:
S. 2811--B 90 1 The provisions of this section shall govern the simulcasting of races 2 conducted at thoroughbred tracks located in another state or country on 3 any day during which a franchised corporation is not conducting a race 4 meeting in Saratoga county at Saratoga thoroughbred racetrack until June 5 thirtieth, two thousand [eleven] TWELVE. Every off-track betting corpo- 6 ration branch office and every simulcasting facility licensed in accord- 7 ance with section one thousand seven that have entered into a written 8 agreement with such facility's representative horsemen's organization as 9 approved by the board, one thousand eight or one thousand nine of this 10 article shall be authorized to accept wagers and display the live full- 11 card simulcast signal of thoroughbred tracks (which may include quarter 12 horse or mixed meetings provided that all such wagering on such races 13 shall be construed to be thoroughbred races) located in another state or 14 foreign country, subject to the following provisions; provided, however, 15 no such written agreement shall be required of a franchised corporation 16 licensed in accordance with section one thousand seven of this article: 17 S 6. The opening paragraph of section 1018 of the racing, pari-mutuel 18 wagering and breeding law, as amended by section 6 of part C of chapter 19 134 of the laws of 2010, is amended to read as follows: 20 Notwithstanding any other provision of this chapter, for the period 21 July twenty-fifth, two thousand one through September eighth, two thou- 22 sand [ten] ELEVEN, when a franchised corporation is conducting a race 23 meeting within the state at Saratoga Race Course, every off-track 24 betting corporation branch office and every simulcasting facility 25 licensed in accordance with section one thousand seven (that has entered 26 into a written agreement with such facility's representative horsemen's 27 organization as approved by the board), one thousand eight or one thou- 28 sand nine of this article shall be authorized to accept wagers and 29 display the live simulcast signal from thoroughbred tracks located in 30 another state, provided that such facility shall accept wagers on races 31 run at all in-state thoroughbred tracks which are conducting racing 32 programs subject to the following provisions; provided, however, no such 33 written agreement shall be required of a franchised corporation licensed 34 in accordance with section one thousand seven of this article. 35 S 7. Section 32 of chapter 281 of the laws of 1994, amending the 36 racing, pari-mutuel wagering and breeding law and other laws relating to 37 simulcasting, as amended by section 7 of part C of chapter 134 of the 38 laws of 2010, is amended to read as follows: 39 S 32. This act shall take effect immediately and the pari-mutuel tax 40 reductions in section six of this act shall expire and be deemed 41 repealed on July 1, [2011] 2012; provided, however, that nothing 42 contained herein shall be deemed to affect the application, qualifica- 43 tion, expiration, or repeal of any provision of law amended by any 44 section of this act, and such provisions shall be applied or qualified 45 or shall expire or be deemed repealed in the same manner, to the same 46 extent and on the same date as the case may be as otherwise provided by 47 law; provided further, however, that sections twenty-three and twenty- 48 five of this act shall remain in full force and effect only until May 1, 49 1997 and at such time shall be deemed to be repealed. 50 S 8. Section 54 of chapter 346 of the laws of 1990, amending the 51 racing, pari-mutuel wagering and breeding law and other laws relating to 52 simulcasting and the imposition of certain taxes, as amended by section 53 8 of part C of chapter 134 of the laws of 2010, is amended to read as 54 follows: 55 S 54. This act shall take effect immediately; provided, however, 56 sections three through twelve of this act shall take effect on January
S. 2811--B 91 1 1, 1991, and section 1013 of the racing, pari-mutuel wagering and breed- 2 ing law, as added by section thirty-eight of this act, shall expire and 3 be deemed repealed on July 1, [2011] 2012; and section eighteen of this 4 act shall take effect on July 1, 2008 and sections fifty-one and fifty- 5 two of this act shall take effect as of the same date as chapter 772 of 6 the laws of 1989 took effect. 7 S 9. Paragraph (a) of subdivision 1 of section 238 of the racing, 8 pari-mutuel wagering and breeding law, as amended by section 10 of part 9 C of chapter 134 of the laws of 2010, is amended to read as follows: 10 (a) The franchised corporation authorized under this chapter to 11 conduct pari-mutuel betting at a race meeting or races run thereat shall 12 distribute all sums deposited in any pari-mutuel pool to the holders of 13 winning tickets therein, provided such tickets be presented for payment 14 before April first of the year following the year of their purchase, 15 less an amount which shall be established and retained by such fran- 16 chised corporation of between twelve to seventeen per centum of the 17 total deposits in pools resulting from on-track regular bets, and four- 18 teen to twenty-one per centum of the total deposits in pools resulting 19 from on-track multiple bets and fifteen to twenty-five per centum of the 20 total deposits in pools resulting from on-track exotic bets and fifteen 21 to thirty-six per centum of the total deposits in pools resulting from 22 on-track super exotic bets, plus the breaks. The retention rate to be 23 established is subject to the prior approval of the racing and wagering 24 board. Such rate may not be changed more than once per calendar quarter 25 to be effective on the first day of the calendar quarter. "Exotic bets" 26 and "multiple bets" shall have the meanings set forth in section five 27 hundred nineteen of this chapter. "Super exotic bets" shall have the 28 meaning set forth in section three hundred one of this chapter. For 29 purposes of this section, a "pick six bet" shall mean a single bet or 30 wager on the outcomes of six races. The breaks are hereby defined as the 31 odd cents over any multiple of five for payoffs greater than one dollar 32 five cents but less than five dollars, over any multiple of ten for 33 payoffs greater than five dollars but less than twenty-five dollars, 34 over any multiple of twenty-five for payoffs greater than twenty-five 35 dollars but less than two hundred fifty dollars, or over any multiple of 36 fifty for payoffs over two hundred fifty dollars. Out of the amount so 37 retained there shall be paid by such franchised corporation to the 38 commissioner of taxation and finance, as a reasonable tax by the state 39 for the privilege of conducting pari-mutuel betting on the races run at 40 the race meetings held by such franchised corporation, the following 41 percentages of the total pool for regular and multiple bets five per 42 centum of regular bets and four per centum of multiple bets plus twenty 43 per centum of the breaks; for exotic wagers seven and one-half per 44 centum plus twenty per centum of the breaks, and for super exotic bets 45 seven and one-half per centum plus fifty per centum of the breaks. For 46 the period June first, nineteen hundred ninety-five through September 47 ninth, nineteen hundred ninety-nine, such tax on regular wagers shall be 48 three per centum and such tax on multiple wagers shall be two and one- 49 half per centum, plus twenty per centum of the breaks. For the period 50 September tenth, nineteen hundred ninety-nine through March thirty- 51 first, two thousand one, such tax on all wagers shall be two and six- 52 tenths per centum and for the period April first, two thousand one 53 through December thirty-first, two thousand [eleven] TWELVE, such tax on 54 all wagers shall be one and six-tenths per centum, plus, in each such 55 period, twenty per centum of the breaks. Payment to the New York state 56 thoroughbred breeding and development fund by such franchised corpo-
S. 2811--B 92 1 ration shall be one-half of one per centum of total daily on-track pari- 2 mutuel pools resulting from regular, multiple and exotic bets and three 3 per centum of super exotic bets provided, however, that for the period 4 September tenth, nineteen hundred ninety-nine through March thirty- 5 first, two thousand one, such payment shall be six-tenths of one per 6 centum of regular, multiple and exotic pools and for the period April 7 first, two thousand one through December thirty-first, two thousand 8 [eleven] TWELVE, such payment shall be seven-tenths of one per centum of 9 such pools. 10 S 10. Subdivision 5 of section 1012 of the racing, pari-mutuel wager- 11 ing and breeding law, as amended by section 11 of part C of chapter 134 12 of the laws of 2010, is amended to read as follows: 13 5. The provisions of this section shall expire and be of no further 14 force and effect after June thirtieth, two thousand [eleven] TWELVE. 15 S 11. This act shall take effect immediately. 16 PART T 17 Section 1. Paragraph (h) of subdivision 12-G of section 210 of the tax 18 law is REPEALED. 19 S 2. This act shall take effect immediately. 20 PART U 21 Section 1. Paragraphs (a) and (b) of subdivision 2 of section 480-a of 22 the tax law, as amended by section 125 of part C of chapter 58 of the 23 laws of 2009, are amended to read as follows: 24 (a) (i) Every retail dealer and every person owning or, if the owner 25 is not the operator, then any person operating one or more vending 26 machines through which cigarettes or tobacco products are sold in this 27 state, who is required under section eleven hundred thirty-six of this 28 chapter to file a return for the quarterly period ending on the last day 29 of August, nineteen hundred ninety or for the quarterly period ending on 30 the last day of August in any year thereafter, must file an application 31 for registration under this section with that quarterly return, in such 32 form as shall be prescribed by the commissioner. 33 (ii) Each retail dealer must pay an application fee with the quarterly 34 return [described by subparagraph (i) of this paragraph] OF TWO HUNDRED 35 DOLLARS for each retail place of business in this state through which it 36 sells cigarettes or tobacco products[, which is based on gross sales of 37 that place of business during the previous calendar year. The applica- 38 tion fee is: one thousand dollars for each retail place of business with 39 gross sales totaling less than one million dollars; two thousand five 40 hundred dollars for each retail place of business with gross sales 41 totaling at least one million dollars but less than ten million dollars; 42 and five thousand dollars for each retail place of business with gross 43 sales totaling at least ten million dollars]. 44 (iii) Every person who owns or, if the owner is not the operator, then 45 any person who operates one or more vending machines through which ciga- 46 rettes or tobacco products are sold in this state, regardless of whether 47 located on the premises of the vending machine owner or, if the owner is 48 not the operator, then the premises of the operator or the premises of 49 any other person, must pay an application fee with the quarterly return 50 [described by subparagraph (i) of this paragraph] OF FIFTY DOLLARS for 51 each vending machine[, which is based on gross sales of that vending 52 machine during the previous calendar year. The application fee is: two
S. 2811--B 93 1 hundred fifty dollars for each vending machine with gross sales totaling 2 less than one hundred thousand dollars; six hundred twenty-five dollars 3 for each vending machine with gross sales totaling at least one hundred 4 thousand dollars but less than one million dollars; and one thousand two 5 hundred fifty dollars for each vending machine with gross sales totaling 6 at least one million dollars]. The department will issue a registration 7 certificate, as prescribed by the commissioner, after receipt of a 8 registration application and the appropriate registration fee, prior to 9 the next succeeding January first. 10 (b) Every retail dealer and every person who owns or, if the owner is 11 not the operator, then any person who operates one or more vending 12 machines through which cigarettes or tobacco products are sold in this 13 state who commences business after the last day of August, nineteen 14 hundred ninety, or who commences selling cigarettes or tobacco products 15 at retail through a new or different place of business in this state 16 after such date, or who commences selling cigarettes or tobacco products 17 through new or different vending machines after such date, must file 18 with the commissioner an application for registration, in a form 19 prescribed by him or her, at least thirty days prior to commencing busi- 20 ness or commencing sales. Each application must be accompanied by an 21 application fee OF TWO HUNDRED DOLLARS for each retail place of business 22 and FIFTY DOLLARS FOR each vending machine to be registered. [The amount 23 of the application fee is determined by subparagraphs (ii) and (iii) of 24 paragraph (a) of this subdivision, except that any retail place of busi- 25 ness or vending machine with zero dollars in gross sales during the 26 previous calendar year is subject to the lowest application fee required 27 by such subparagraphs.] The department, within ten days after receipt of 28 an application for registration under this paragraph and payment of the 29 proper fee for application for registration, will issue a registration 30 certificate, as prescribed by the commissioner, for each retail place of 31 business or cigarette or tobacco products vending machine registered. 32 S 2. Section 482 of the tax law, as amended by section 10 of part D of 33 chapter 134 of the laws of 2010, is amended to read as follows: 34 S 482. Deposit and disposition of revenue. (a) All taxes, fees, inter- 35 est and penalties collected or received by the commissioner under this 36 article and article twenty-A of this chapter shall be deposited and 37 disposed of pursuant to the provisions of section one hundred seventy- 38 one-a of this chapter. (b) From the taxes, interest and penalties 39 collected or received by the commissioner under sections four hundred 40 seventy-one and four hundred seventy-one-a of this article, effective on 41 and after March first, two thousand, forty-nine and fifty-five 42 hundredths, and effective on and after February first, two thousand two, 43 forty-three and seventy hundredths; and effective on and after May 44 first, two thousand two, sixty-four and fifty-five hundredths; and 45 effective on and after April first, two thousand three, sixty-one and 46 twenty-two hundredths percent; and effective on and after June third, 47 two thousand eight, seventy and sixty-three hundredths percent; and 48 effective on and after July first, two thousand ten, seventy-six percent 49 collected or received under those sections must be deposited to the 50 credit of the tobacco control and insurance initiatives pool to be 51 established and distributed by the commissioner of health in accordance 52 with section twenty-eight hundred seven-v of the public health law. [(c) 53 From the fees collected or received by the commissioner under subdivi- 54 sion two of section four hundred eighty-a of this article, effective on 55 or after September first, two thousand nine, any monies collected or 56 received under that section in excess of three million dollars must be
S. 2811--B 94 1 deposited to the credit of the tobacco control and insurance initiatives 2 pool to be distributed by the commissioner of health in accordance with 3 section twenty-eight hundred seven-v of the public health law.] 4 S 3. Subdivisions (a) and (b) of section 92-dd of the state finance 5 law, as amended by section 125-c of part C of chapter 58 of the laws of 6 2009, are amended to read as follows: 7 (a) On and after April first, two thousand five, such fund shall 8 consist of the revenues heretofore and hereafter collected or required 9 to be deposited pursuant to paragraph (a) of subdivision eighteen of 10 section twenty-eight hundred seven-c, and sections twenty-eight hundred 11 seven-j, twenty-eight hundred seven-s and twenty-eight hundred seven-t 12 of the public health law, [subdivisions (b) and (c) of] section four 13 hundred eighty-two of the tax law and required to be credited to the 14 tobacco control and insurance initiatives pool, subparagraph (O) of 15 paragraph four of subsection (j) of section four thousand three hundred 16 one of the insurance law, section twenty-seven of part A of chapter one 17 of the laws of two thousand two and all other moneys credited or trans- 18 ferred thereto from any other fund or source pursuant to law. 19 (b) The pool administrator under contract with the commissioner of 20 health pursuant to section twenty-eight hundred seven-y of the public 21 health law shall continue to collect moneys required to be collected or 22 deposited pursuant to paragraph (a) of subdivision eighteen of section 23 twenty-eight hundred seven-c, and sections twenty-eight hundred seven-j, 24 twenty-eight hundred seven-s and twenty-eight hundred seven-t of the 25 public health law, and shall deposit such moneys in the HCRA resources 26 fund. The comptroller shall deposit moneys collected or required to be 27 deposited pursuant to [subdivisions (b) and (c) of] section four hundred 28 eighty-two of the tax law and required to be credited to the tobacco 29 control and insurance initiatives pool, subparagraph (O) of paragraph 30 four of subsection (j) of section four thousand three hundred one of the 31 insurance law, section twenty-seven of part A of chapter one of the laws 32 of two thousand two and all other moneys credited or transferred thereto 33 from any other fund or source pursuant to law in the HCRA resources 34 fund. 35 S 4. This act shall take effect immediately; provided, however, that 36 section one of this act shall be deemed to have been in full force and 37 effect on and after April 1, 2009 and shall apply only to fees related 38 to applications for registration for the 2010 calendar year and there- 39 after; and provided further, however, that sections two and three of 40 this act shall be deemed to have been in full force and effect on and 41 after September 1, 2009. 42 PART V 43 Section 1. Paragraph 34 of subdivision (b) of section 1101 of the tax 44 law, as amended by section 1 of part WW of chapter 57 of the laws of 45 2010, is amended to read as follows: 46 (34) Transportation service. The service of transporting, carrying or 47 conveying a person or persons by livery service WHERE PAYMENT FOR THE 48 SERVICE IS IN A FORM OTHER THAN CASH; whether to a single destination or 49 to multiple destinations; and whether the compensation paid by or on 50 behalf of the passenger is based on mileage, trip, time consumed or any 51 other basis. A service that begins and ends in this state is deemed 52 intra-state even if it passes outside this state during a portion of the 53 trip. However, transportation service does not include transportation of 54 persons in connection with funerals. Transportation service includes
S. 2811--B 95 1 transporting, carrying, or conveying property of the person being trans- 2 ported, whether owned by or in the care of such person. In addition to 3 what is included in the definition of "receipt" in paragraph three of 4 this subdivision, receipts from the sale of transportation service 5 subject to tax include any handling, carrying, baggage, booking service, 6 administrative, mark-up, additional, or other charge, of any nature, 7 made in conjunction with the transportation service. Livery service 8 means service provided by LIVERY, limousine, black car or other [motor] 9 FOR-HIRE vehicle, with a driver, but excluding (i) a taxicab[,] AND (ii) 10 a bus, [and (iii), in a city of one million or more in this state, an 11 affiliated livery vehicle,] and excluding any scheduled public service. 12 LIVERY MEANS A FOR-HIRE VEHICLE WITH A SEATING CAPACITY OF UP TO SIX 13 PERSONS, INCLUDING THE DRIVER, AND CHARGES FOR SERVICE ON THE BASIS OF 14 FLAT RATE, TIME, MILEAGE, OR ZONES. Limousine means a vehicle with a 15 seating capacity of up to fourteen persons, excluding the driver. Black 16 car means a for-hire vehicle dispatched from a central facility. 17 ["Affiliated livery vehicle" means a for-hire motor vehicle with a seat- 18 ing capacity of up to six persons, including the driver, other than a 19 black car or luxury limousine, that is authorized and licensed by the 20 taxi and limousine commission of a city of one million or more to be 21 dispatched by a base station located in such a city and regulated by 22 such taxi and limousine commission; and the charges for service provided 23 by an affiliated livery vehicle are on the basis of flat rate, time, 24 mileage, or zones and not on a garage to garage basis.] 25 S 2. Subparagraph (i) of paragraph 2 of subdivision (o) of section 26 1111 of the tax law, as added by section 4 of part U-1 of chapter 57 of 27 the laws of 2009, is amended to read as follows: 28 (i) Any municipality or public corporation that establishes or regu- 29 lates LIVERY, black car, limousine or other FOR-HIRE vehicle service 30 fares must adjust those fares to include therein the tax imposed by 31 paragraph ten of subdivision (c) of section eleven hundred five of this 32 part and the taxes imposed by other sections of this part and pursuant 33 to the authority of article twenty-nine of this chapter on the services 34 taxed by such paragraph ten and must require that any meters or other 35 devices in the vehicles or otherwise that measure fares be adjusted to 36 include these taxes, as the same are from time to time imposed and as 37 the rates of those taxes may change. 38 S 3. This act shall take effect immediately; provided, however, that 39 the provisions of this act shall first be implemented on the first day 40 of a sales tax quarterly period, as such period is described in subdivi- 41 sion (b) of section 1136 of the tax law, next commencing after this act 42 shall have become a law. 43 PART W 44 Section 1. Subdivision 2 of section 470 of the tax law, as amended by 45 section 15 of part D of chapter 134 of the laws of 2010, is amended to 46 read as follows: 47 2. "Tobacco products." Any cigar, including a little cigar, BLUNT 48 WRAP, or tobacco, other than cigarettes, intended for consumption by 49 smoking, chewing, or as snuff. 50 S 2. Section 470 of the tax law is amended by adding a new subdivision 51 2-c to read as follows: 52 2-C. "BLUNT WRAP." ANY INDIVIDUAL TOBACCO WRAPPER, ALSO KNOWN AS A 53 WRAP OR ROLL-YOUR-OWN CIGAR WRAP, THAT IS MADE WHOLLY OR IN PART FROM 54 TOBACCO, INCLUDING RECONSTITUTED TOBACCO, WHETHER IN THE FORM OF SHEET
S. 2811--B 96 1 OR TUBE, IF SUCH A WRAP IS DESIGNED TO BE SOLD TO INDIVIDUALS AND NOT TO 2 INCLUDE TOBACCO LEAF. 3 S 3. Paragraph (a) of subdivision 1 of section 471-b of the tax law, 4 as amended by section 18 of part D of chapter 134 of the laws of 2010, 5 is amended to read as follows: 6 (a) Such tax on tobacco products other than CIGARS, snuff and little 7 cigars shall be at the rate of seventy-five percent of the wholesale 8 price, and is intended to be imposed only once upon the sale of any 9 tobacco products other than snuff and little cigars. 10 S 4. Subdivision 1 of section 471-b of the tax law is amended by 11 adding a new paragraph (d) to read as follows: 12 (D) SUCH TAX ON CIGARS SHALL BE AT THE RATE OF SEVENTY-FIVE PERCENT OF 13 THE WHOLESALE PRICE OR ONE DOLLAR PER CIGAR, WHICHEVER IS LESS. 14 S 5. Paragraph (i) of subdivision (a) of section 471-c of the tax law, 15 as amended by section 20 of part D of chapter 134 of the laws of 2010, 16 is amended to read as follows: 17 (i) Such tax on tobacco products other than CIGARS, snuff and little 18 cigars shall be at the rate of seventy-five percent of the wholesale 19 price. 20 S 6. Subdivision (a) of section 471-c of the tax law is amended by 21 adding a new paragraph (iv) to read as follows: 22 (IV) SUCH TAX ON CIGARS SHALL BE AT THE RATE OF SEVENTY-FIVE PERCENT 23 OF THE WHOLESALE PRICE OR ONE DOLLAR PER CIGAR, WHICHEVER IS LESS. 24 S 7. Section 1399-aa of the public health law is amended by adding a 25 new subdivision 7-a to read as follows: 26 7-A. "BLUNT WRAP" MEANS ANY INDIVIDUAL TOBACCO WRAPPER, ALSO KNOWN AS 27 A WRAP OR ROLL-YOUR-OWN CIGAR WRAP, THAT IS MADE WHOLLY OR IN PART FROM 28 TOBACCO, INCLUDING RECONSTITUTED TOBACCO, WHETHER IN THE FORM OF SHEET 29 OR TUBE, IF SUCH A WRAP IS DESIGNED TO BE SOLD TO INDIVIDUALS AND NOT TO 30 INCLUDE TOBACCO LEAF. 31 S 8. Subdivision 2 of section 1399-gg of the public health law, as 32 added by chapter 513 of the laws of 2004, is amended to read as follows: 33 2. No person engaged in the business of manufacturing, selling or 34 otherwise distributing tobacco products, herbal cigarettes, cigarette 35 wrapping papers, wrapping leaves or tubes, or any agent or employee of 36 such person, shall manufacture or cause to be manufactured for sale in 37 this state, or sell or distribute in this state: (a) any package or 38 other container of cigarettes containing fewer than twenty cigarettes; 39 (b) any package of roll-your-own tobacco containing less than six-tenths 40 of an ounce of tobacco; or (c) any package or other container of ciga- 41 rette wrapping papers, wrapping leaves or tubes OR BLUNT WRAPS AS 42 DEFINED IN SUBDIVISION SEVEN-A OF SECTION THIRTEEN HUNDRED NINETY-NINE- 43 AA OF THIS ARTICLE, that are or are held out to be suitable for use or 44 used as devices to wrap tobacco for smoking, containing fewer than twen- 45 ty sheets, leaves or tubes. 46 S 9. Notwithstanding any provision of law to the contrary, any inven- 47 tory of tobacco products as of 12:01 am on June 1, 2011 that are 48 affected by the provisions of this act shall be eligible for a refund of 49 tax for the difference between the new rate of tax and taxes previously 50 paid on such product pursuant to the provision of section 476 of the tax 51 law. 52 S 10. This act shall take effect June 1, 2011. 53 PART X
S. 2811--B 97 1 Section 1. Section 34 of the tax law, as added by section 2 of part Y 2 of chapter 57 of the laws of 2010, is amended to read as follows: 3 S 34. Temporary deferral payout credits. 1. The amounts of nonrefunda- 4 ble credits that are deferred pursuant to section thirty-three of this 5 article, AS ADDED BY PART Y OF CHAPTER FIFTY-SEVEN OF THE LAWS OF TWO 6 THOUSAND TEN, in taxable years beginning on or after January first, two 7 thousand ten and before January first, two thousand thirteen shall be 8 accumulated and constitute the taxpayer's temporary deferral nonrefunda- 9 ble payout credit. 10 2. EARNED NONREFUNDABLE TEMPORARY DEFERRAL PAYOUT CREDIT SHALL MEAN 11 THE AMOUNT OF CREDITS ALLOWABLE IN TAXABLE YEARS BEGINNING ON OR AFTER 12 JANUARY FIRST, TWO THOUSAND TEN AND BEFORE JANUARY FIRST, TWO THOUSAND 13 THIRTEEN, WHICH ARE NOT CARRIED OVER FROM TAX YEARS BEGINNING PRIOR TO 14 JANUARY FIRST, TWO THOUSAND TEN, TO WHICH SUBDIVISION THREE OF SECTION 15 THIRTY-THREE OF THIS ARTICLE WOULD APPLY. The taxpayer may first claim 16 this credit in the taxable year beginning on or after January first, two 17 thousand thirteen and before January first, two thousand fourteen. The 18 taxpayer shall be allowed to claim this credit until the accumulated 19 amounts are exhausted. The credit shall be allowed against the taxpay- 20 er's tax as provided in the provisions referenced in paragraph (a) of 21 subdivision [three] FOUR of this section. 22 [2.] 3. The amounts of refundable credits that are deferred pursuant 23 to section thirty-three of this article, AS ADDED BY PART Y OF CHAPTER 24 FIFTY-SEVEN OF THE LAWS OF TWO THOUSAND TEN, in taxable years beginning 25 on or after January first, two thousand ten and before January first, 26 two thousand thirteen shall be accumulated and constitute the taxpayer's 27 temporary deferral refundable payout credit. In the taxable year begin- 28 ning on or after January first, two thousand thirteen and before January 29 first, two thousand fourteen, the taxpayer shall be allowed to claim a 30 credit equal to fifty percent of the amount accumulated. In the taxable 31 year beginning on or after January first, two thousand fourteen and 32 before January first, two thousand fifteen, the taxpayer shall be 33 allowed to claim a credit equal to seventy-five percent of the balance 34 of the amount accumulated. In the taxable year beginning on or after 35 January first, two thousand fifteen and before January first, two thou- 36 sand sixteen, the taxpayer shall be allowed to claim a credit equal to 37 the remaining balance of the amount accumulated. The credit shall be 38 allowed against the taxpayer's tax as provided in the provisions refer- 39 enced in paragraph (b) of subdivision [three] FOUR of this section. 40 [3.] 4. (a) For application of the temporary deferral nonrefundable 41 payout credit, see the following provisions of this chapter: 42 (1) Article 9: section [187-0] 187-O 43 (2) Article 9-A: section 210(41) 44 (3) Article 22: section 606(qq) 45 (4) Article 32: section 1456(v) 46 (5) Article 33: section 1511(y) 47 (b) For application of the temporary deferral refundable payout cred- 48 it, see the following provisions of this chapter: 49 (1) Article 9: section 187-p 50 (2) Article 9-A: section 210(42) 51 (3) Article 22: section 606(rr) 52 (4) Article 32: section 1456(w) 53 (5) Article 33: section 1511(z) 54 S 2. Subdivision 41 of section 210 of the tax law, as added by section 55 4 of part Y of chapter 57 of the laws of 2010, is amended to read as 56 follows:
S. 2811--B 98 1 41. Temporary deferral nonrefundable payout credit. (a) Allowance of 2 credit. A taxpayer shall be allowed a credit, to be computed as provided 3 in subdivision one of section thirty-four of this chapter, against the 4 tax imposed by this article. 5 (b) Application of credit. The credit allowed under this subdivision 6 for any taxable year shall not reduce the tax due for that year to less 7 than [the amount prescribed in paragraph (d) of subdivision one of this 8 section] ZERO. However, if the amount of credit allowed under this 9 subdivision for any taxable year reduces the tax to [such amount] ZERO, 10 any amount of credit thus not deductible in such taxable year SHALL BE: 11 (1) IF THE AMOUNT OF EARNED NONREFUNDABLE TEMPORARY DEFERRAL PAYOUT 12 CREDITS IS ZERO THEN THE CREDIT NOT DEDUCTIBLE IN SUCH TAXABLE YEAR may 13 be carried over to the following year or years and may be deducted from 14 the taxpayer's tax for such year or years; OR (2) IF THE AMOUNT OF 15 EARNED NONREFUNDABLE TEMPORARY DEFERRAL PAYOUT CREDITS IS GREATER THAN 16 ZERO THEN THE TAXPAYER MAY TREAT AN AMOUNT EQUAL TO THE LESSER OF THE 17 EARNED NONREFUNDABLE TEMPORARY DEFERRAL PAYOUT CREDITS AND THE AMOUNT OF 18 CREDIT NOT DEDUCTIBLE IN SUCH TAXABLE YEAR AS AN OVERPAYMENT OF TAX. 19 S 3. This act shall take effect immediately. 20 PART Y 21 Section 1. Section 4 of part A of chapter 57 of the laws of 2010 22 amending the tax law relating to the statutory limitation on the biofuel 23 production credit and the qualified emerging technology company facili- 24 ties, operations and training credits, is amended to read as follows: 25 S 4. This act shall take effect immediately and apply to taxable years 26 beginning on or after January 1, 2010; PROVIDED HOWEVER, THAT SECTION 27 ONE OF THIS ACT SHALL APPLY TO TAXABLE YEARS BEGINNING ON OR AFTER JANU- 28 ARY 1, 2011. 29 S 2. This act shall take effect immediately. 30 PART Z 31 Section 1. Subparagraph (i) of paragraph (b) of subdivision 12 of 32 section 210 of the tax law, as amended by chapter 637 of the laws of 33 2008, is amended to read as follows: 34 (i) A credit shall be allowed under this subdivision with respect to 35 tangible personal property and other tangible property, including build- 36 ings and structural components of buildings, which are: depreciable 37 pursuant to section one hundred sixty-seven of the [internal revenue 38 code] INTERNAL REVENUE CODE, have a useful life of four years or more, 39 are acquired by purchase as defined in section one hundred seventy-nine 40 (d) of the [internal revenue code] INTERNAL REVENUE CODE, have a situs 41 in this state and are (A) principally used by the taxpayer in the 42 production of goods by manufacturing, processing, assembling, refining, 43 mining, extracting, farming, agriculture, horticulture, floriculture, 44 viticulture or commercial fishing, (B) industrial waste treatment facil- 45 ities or air pollution control facilities, used in the taxpayer's trade 46 or business, (C) research and development property, (D) principally used 47 in the ordinary course of the taxpayer's trade or business as a broker 48 or dealer in connection with the purchase or sale (which shall include 49 but not be limited to the issuance, entering into, assumption, offset, 50 assignment, termination, or transfer) of stocks, bonds or other securi- 51 ties as defined in section four hundred seventy-five (c)(2) of the 52 Internal Revenue Code, or of commodities as defined in section four
S. 2811--B 99 1 hundred seventy-five (e) of the Internal Revenue Code, (E) principally 2 used in the ordinary course of the taxpayer's trade or business of 3 providing investment advisory services for a regulated investment compa- 4 ny as defined in section eight hundred fifty-one of the Internal Revenue 5 Code, or lending, loan arrangement or loan origination services to 6 customers in connection with the purchase or sale (which shall include 7 but not be limited to the issuance, entering into, assumption, offset, 8 assignment, termination, or transfer) of securities as defined in 9 section four hundred seventy-five (c)(2) of the Internal Revenue Code, 10 (E-1) PRINCIPALLY USED IN THE ORDINARY COURSE OF THE TAXPAYER'S TRADE OR 11 BUSINESS OF PROVIDING INVESTMENT ADVISORY SERVICES, OR THE SERVICE OF 12 MANAGING INVESTMENT PORTFOLIOS TO ACHIEVE SPECIFIC INVESTMENT OBJECTIVES 13 FOR ACCOUNTS OVER ONE MILLION DOLLARS OF ACCREDITED INVESTORS (AS THAT 14 TERM IS DEFINED IN RULE 501 OF REGULATION D OF THE SECURITIES ACT OF 15 1933), IF THE TAXPAYER SATISFIES THE FOLLOWING CRITERIA: (I) THE TAXPAY- 16 ER IS A REGULATED BROKER OR DEALER OR AN AFFILIATE OF A REGULATED BROKER 17 OR DEALER, (II) THE TAXPAYER IS REGISTERED AS AN INVESTMENT ADVISER 18 UNDER SECTION TWO HUNDRED THREE OF THE INVESTMENT ADVISER ACT OF 1940, 19 AS AMENDED, AND (III) AT LEAST ONE CLIENT OF THE TAXPAYER IS A REGULATED 20 INVESTMENT COMPANY AS DEFINED IN SECTION EIGHT HUNDRED FIFTY-ONE OF THE 21 INTERNAL REVENUE CODE THAT HAS ASSETS IN EXCESS OF ONE HUNDRED MILLION 22 DOLLARS, (F) principally used in the ordinary course of the taxpayer's 23 business as an exchange registered as a national securities exchange 24 within the meaning of sections 3(a)(1) and 6(a) of the Securities 25 Exchange Act of 1934 or a board of trade as defined in section 26 1410(a)(1) of the New York Not-for-Profit Corporation Law or as an enti- 27 ty that is wholly owned by one or more such national securities 28 exchanges or boards of trade and that provides automation or technical 29 services thereto, or (G) principally used as a qualified film production 30 facility including qualified film production facilities having a situs 31 in an empire zone designated as such pursuant to article eighteen-B of 32 the general municipal law, where the taxpayer is providing three or more 33 services to any qualified film production company using the facility, 34 including such services as a studio lighting grid, lighting and grip 35 equipment, multi-line phone service, broadband information technology 36 access, industrial scale electrical capacity, food services, security 37 services, and heating, ventilation and air conditioning. For purposes of 38 clauses (D), (E), (E-1) and (F) of this subparagraph, property purchased 39 by a taxpayer affiliated with a regulated broker, dealer, registered 40 investment adviser, national securities exchange or board of trade, is 41 allowed a credit under this subdivision if the property is used by its 42 affiliated regulated broker, dealer, registered investment adviser, 43 national securities exchange or board of trade in accordance with this 44 subdivision. For purposes of determining if the property is principally 45 used in qualifying uses, the uses by the taxpayer described in clauses 46 (D) [and], (E), AND (E-1) of this subparagraph may be aggregated. In 47 addition, the uses by the taxpayer, its affiliated regulated broker, 48 dealer, and registered investment adviser under [either or both] ANY of 49 those clauses may be aggregated. Provided, however, a taxpayer shall 50 not be allowed the credit provided by clauses (D), (E), (E-1) and (F) of 51 this subparagraph unless (I) eighty percent or more of the employees 52 performing the administrative and support functions resulting from or 53 related to the qualifying uses of such equipment are located in this 54 state or (II) the average number of employees that perform the adminis- 55 trative and support functions resulting from or related to the qualify- 56 ing uses of such equipment and are located in this state during the
S. 2811--B 100 1 taxable year for which the credit is claimed is equal to or greater than 2 ninety-five percent of the average number of employees that perform 3 these functions and are located in this state during the thirty-six 4 months immediately preceding the year for which the credit is claimed, 5 or (III) the number of employees located in this state during the taxa- 6 ble year for which the credit is claimed is equal to or greater than 7 ninety percent of the number of employees located in this state on 8 December thirty-first, nineteen hundred ninety-eight or, if the taxpayer 9 was not a calendar year taxpayer in nineteen hundred ninety-eight, the 10 last day of its first taxable year ending after December thirty-first, 11 nineteen hundred ninety-eight. If the taxpayer becomes subject to tax in 12 this state after the taxable year beginning in nineteen hundred ninety- 13 eight, then the taxpayer is not required to satisfy the employment test 14 provided in the preceding sentence of this subparagraph for its first 15 taxable year. For purposes of clause (III) of this subparagraph the 16 employment test will be based on the number of employees located in this 17 state on the last day of the first taxable year the taxpayer is subject 18 to tax in this state. If the uses of the property must be aggregated to 19 determine whether the property is principally used in qualifying uses, 20 then either each affiliate using the property must satisfy this employ- 21 ment test or this employment test must be satisfied through the aggre- 22 gation of the employees of the taxpayer, its affiliated regulated 23 broker, dealer, and registered investment adviser using the property. 24 For purposes of this subdivision, the term "goods" shall not include 25 electricity. 26 S 2. Subparagraph (A) of paragraph 2 of subsection (a) of section 606 27 of the tax law, as amended by chapter 637 of the laws of 2008, is 28 amended to read as follows: 29 (A) A credit shall be allowed under this subsection with respect to 30 tangible personal property and other tangible property, including build- 31 ings and structural components of buildings, which are: depreciable 32 pursuant to section one hundred sixty-seven of the internal revenue 33 code, have a useful life of four years or more, are acquired by purchase 34 as defined in section one hundred seventy-nine (d) of the internal 35 revenue code, have a situs in this state and are (i) principally used by 36 the taxpayer in the production of goods by manufacturing, processing, 37 assembling, refining, mining, extracting, farming, agriculture, horti- 38 culture, floriculture, viticulture or commercial fishing, (ii) indus- 39 trial waste treatment facilities or air pollution control facilities, 40 used in the taxpayer's trade or business, (iii) research and development 41 property, (iv) principally used in the ordinary course of the taxpayer's 42 trade or business as a broker or dealer in connection with the purchase 43 or sale (which shall include but not be limited to the issuance, enter- 44 ing into, assumption, offset, assignment, termination, or transfer) of 45 stocks, bonds or other securities as defined in section four hundred 46 seventy-five (c)(2) of the Internal Revenue Code, or of commodities as 47 defined in section 475(e) of the Internal Revenue Code, (v) principally 48 used in the ordinary course of the taxpayer's trade or business of 49 providing investment advisory services for a regulated investment compa- 50 ny as defined in section eight hundred fifty-one of the Internal Revenue 51 Code, or lending, loan arrangement or loan origination services to 52 customers in connection with the purchase or sale (which shall include 53 but not be limited to the issuance, entering into, assumption, offset, 54 assignment, termination, or transfer) of securities as defined in 55 section four hundred seventy-five (c)(2) of the Internal Revenue Code, 56 or (vi) PRINCIPALLY USED IN THE ORDINARY COURSE OF THE TAXPAYER'S TRADE
S. 2811--B 101 1 OR BUSINESS OF PROVIDING INVESTMENT ADVISORY SERVICES, OR THE SERVICE OF 2 MANAGING INVESTMENT PORTFOLIOS TO ACHIEVE SPECIFIC INVESTMENT OBJECTIVES 3 FOR ACCOUNTS OVER ONE MILLION DOLLARS OF ACCREDITED INVESTORS (AS THAT 4 TERM IS DEFINED IN RULE 501 OF REGULATION D OF THE SECURITIES ACT OF 5 1933), IF THE TAXPAYER SATISFIES THE FOLLOWING CRITERIA: (I) THE TAXPAY- 6 ER IS A REGULATED BROKER OR DEALER OR AN AFFILIATE OF A REGULATED BROKER 7 OR DEALER, (II) THE TAXPAYER IS REGISTERED AS AN INVESTMENT ADVISER 8 UNDER SECTION TWO HUNDRED THREE OF THE INVESTMENT ADVISER ACT OF 1940, 9 AS AMENDED, AND (III) AT LEAST ONE CLIENT OF THE TAXPAYER IS A REGULATED 10 INVESTMENT COMPANY AS DEFINED IN SECTION EIGHT HUNDRED FIFTY-ONE OF THE 11 INTERNAL REVENUE CODE THAT HAS ASSETS IN EXCESS OF ONE HUNDRED MILLION 12 DOLLARS, (VII) principally used as a qualified film production facility 13 including qualified film production facilities having a situs in an 14 empire zone designated as such pursuant to article eighteen-B of the 15 general municipal law, where the taxpayer is providing three or more 16 services to any qualified film production company using the facility, 17 including such services as a studio lighting grid, lighting and grip 18 equipment, multi-line phone service, broadband information technology 19 access, industrial scale electrical capacity, food services, security 20 services, and heating, ventilation and air conditioning. For purposes of 21 clauses (iv) [and], (v) AND (VI) of this subparagraph, property 22 purchased by a taxpayer affiliated with a regulated broker, dealer, or 23 registered investment adviser is allowed a credit under this subsection 24 if the property is used by its affiliated regulated broker, dealer or 25 registered investment adviser in accordance with this subsection. For 26 purposes of determining if the property is principally used in qualify- 27 ing uses, the uses by the taxpayer described in clauses (iv) and (v) of 28 this subparagraph may be aggregated. In addition, the uses by the 29 taxpayer, its affiliated regulated broker, dealer and registered invest- 30 ment adviser under either or both of those clauses may be aggregated. 31 Provided, however, a taxpayer shall not be allowed the credit provided 32 by clauses (iv) [and], (v) AND (VI) of this subparagraph unless (I) 33 eighty percent or more of the employees performing the administrative 34 and support functions resulting from or related to the qualifying uses 35 of such equipment are located in this state, or (II) the average number 36 of employees that perform the administrative and support functions 37 resulting from or related to the qualifying uses of such equipment and 38 are located in this state during the taxable year for which the credit 39 is claimed is equal to or greater than ninety-five percent of the aver- 40 age number of employees that perform these functions and are located in 41 this state during the thirty-six months immediately preceding the year 42 for which the credit is claimed, or (III) the number of employees 43 located in this state during the taxable year for which the credit is 44 claimed is equal to or greater than ninety percent of the number of 45 employees located in this state on December thirty-first, nineteen 46 hundred ninety-eight or, if the taxpayer was not a calendar year taxpay- 47 er in nineteen hundred ninety-eight, the last day of its first taxable 48 year ending after December thirty-first, nineteen hundred ninety-eight. 49 If the taxpayer becomes subject to tax in this state after the taxable 50 year beginning in nineteen hundred ninety-eight, then the taxpayer is 51 not required to satisfy the employment test provided in the preceding 52 sentence of this subparagraph for its first taxable year. For the 53 purposes of clause (III) of this subparagraph the employment test will 54 be based on the number of employees located in this state on the last 55 day of the first taxable year the taxpayer is subject to tax in this 56 state. If the uses of the property must be aggregated to determine
S. 2811--B 102 1 whether the property is principally used in qualifying uses, then either 2 each affiliate using the property must satisfy this employment test or 3 this employment test must be satisfied through the aggregation of the 4 employees of the taxpayer, its affiliated regulated broker, dealer, and 5 registered investment adviser using the property. For purposes of this 6 subsection, the term "goods" shall not include electricity. 7 S 3. Paragraph 2 of subsection (i) of section 1456 of the tax law, as 8 amended by chapter 637 of the laws of 2008, is amended to read as 9 follows: 10 (2) A credit shall be allowed under this subsection with respect to 11 tangible personal property and other tangible property, including build- 12 ings and structural components of buildings, which are: depreciable 13 pursuant to section one hundred sixty-seven of the Internal Revenue 14 Code, have a useful life of four years or more, are acquired by purchase 15 as defined in section one hundred seventy-nine (d) of the Internal 16 Revenue Code, have a situs in this state and are (A) principally used in 17 the ordinary course of the taxpayer's trade or business as a broker or 18 dealer in connection with the purchase or sale (which shall include but 19 not be limited to the issuance, entering into, assumption, offset, 20 assignment, termination, or transfer) of stocks, bonds or other securi- 21 ties as defined in section four hundred seventy-five (c) (2) of the 22 Internal Revenue Code, or of commodities as defined in section four 23 hundred seventy-five (e) of the Internal Revenue Code, or (B) principal- 24 ly used in the ordinary course of the taxpayer's trade or business of 25 providing investment advisory services for a regulated investment compa- 26 ny as defined in section eight hundred fifty-one of the Internal Revenue 27 Code, or lending, loan arrangement or loan origination services to 28 customers in connection with the purchase or sale (which shall include 29 but not be limited to the issuance, entering into, assumption, offset, 30 assignment, termination, or transfer) of securities as defined in 31 section four hundred seventy-five (c) (2) of the Internal Revenue Code 32 OR (C) PRINCIPALLY USED IN THE ORDINARY COURSE OF THE TAXPAYER'S TRADE 33 OR BUSINESS OF PROVIDING INVESTMENT ADVISORY SERVICES, OR THE SERVICE OF 34 MANAGING INVESTMENT PORTFOLIOS TO ACHIEVE SPECIFIC INVESTMENT OBJECTIVES 35 FOR ACCOUNTS OVER ONE MILLION DOLLARS OF ACCREDITED INVESTORS (AS THAT 36 TERM IS DEFINED IN RULE 501 OF REGULATION D OF THE SECURITIES ACT OF 37 1933), IF THE TAXPAYER SATISFIES THE FOLLOWING CRITERIA: (I) THE TAXPAY- 38 ER IS A REGULATED BROKER OR DEALER OR AN AFFILIATE OF A REGULATED BROKER 39 OR DEALER, (II) THE TAXPAYER IS REGISTERED AS AN INVESTMENT ADVISER 40 UNDER SECTION TWO HUNDRED THREE OF THE INVESTMENT ADVISER ACT OF 1940, 41 AS AMENDED, AND (III) AT LEAST ONE CLIENT OF THE TAXPAYER IS A REGULATED 42 INVESTMENT COMPANY AS DEFINED IN SECTION EIGHT HUNDRED FIFTY-ONE OF THE 43 INTERNAL REVENUE CODE THAT HAS ASSETS IN EXCESS OF ONE HUNDRED MILLION 44 DOLLARS. For purposes of subparagraphs (A) [and], (B) AND (C) of this 45 paragraph, property purchased by a taxpayer affiliated with a regulated 46 broker, dealer, or registered investment adviser is allowed a credit 47 under this subsection if the property is used by its affiliated regu- 48 lated broker, dealer, or registered investment adviser in accordance 49 with this subsection. For purposes of determining if the property is 50 principally used in qualifying uses, the uses by the taxpayer described 51 in subparagraphs (A) [and], (B) AND (C) of this paragraph may be aggre- 52 gated. In addition, the uses by the taxpayer, its affiliated regulated 53 broker, dealer and registered investment adviser under either or both of 54 such subparagraphs may be aggregated. 55 S 4. This act shall take effect immediately.
S. 2811--B 103 1 PART AA 2 Section 1. Paragraph (a) of subdivision 6 of section 18-a of the 3 public service law, as added by section 4 of part NN of chapter 59 of 4 the laws of 2009, is amended to read as follows: 5 (a) Notwithstanding any provision of law to the contrary, and subject 6 to the exceptions provided for in paragraph (b) of this subdivision, for 7 the state fiscal year beginning on April first, two thousand nine and 8 [four] TWO state fiscal years thereafter, a temporary annual assessment 9 (hereinafter "temporary state energy and utility service conservation 10 assessment") is hereby imposed on public utility companies (including 11 for the purposes of this subdivision municipalities other than munici- 12 palities as defined in section eighty-nine-l of this chapter), corpo- 13 rations (including for purposes of this subdivision the Long Island 14 power authority), and persons subject to the commission's regulation 15 (hereinafter such public utility companies, corporations, and persons 16 are referred to collectively as the "utility entities") to encourage the 17 conservation of energy and other resources provided through utility 18 entities, to be assessed in the manner provided in this subdivision; 19 provided, however, that such assessment shall not be imposed upon tele- 20 phone corporations as defined in subdivision seventeen of section two of 21 this article. 22 S 2. Section 6 of part NN of chapter 59 of the laws of 2009 amending 23 the public service law relating to financing operations of the depart- 24 ment of public service is amended to read as follows: 25 S 6. This act shall take effect immediately; provided, however, that 26 subdivision 6 of section 18-a of the public service law, as added by 27 section four of this act shall take effect April 1, 2009 and shall 28 expire and be deemed repealed March 31, [2014] 2012; and provided, 29 further, that if section four of this act shall become law after April 30 1, 2009, it shall take effect immediately and shall be deemed to have 31 been in full force and effect on and after April 1, 2009. 32 S 3. This act shall take effect immediately and shall be deemed to 33 have been in full force and effect on the same date and in the same 34 manner as part NN of chapter 59 of the laws of 2009 took effect; 35 provided that the amendment to paragraph (a) of subdivision 6 of section 36 18-a of the public service law made by section one of this act shall not 37 affect the expiration and repeal of such subdivision 6 and shall expire 38 and be deemed repealed therewith. 39 PART BB 40 Section 1. Section 800 of the tax law, as added by section 1 of part C 41 of chapter 25 of the laws of 2009, is amended to read as follows: 42 S 800. Definitions. For the purposes of this article: 43 (a) Metropolitan commuter transportation district. The metropolitan 44 commuter transportation district ("MCTD") means the area of the state 45 included in the district created and governed by section twelve hundred 46 sixty-two of the public authorities law. 47 (b) Employer. Employer means an employer required by section six 48 hundred seventy-one of this chapter to deduct and withhold tax from 49 wages, that has a payroll expense in excess of two thousand five hundred 50 dollars in any calendar quarter; other than 51 (1) any agency or instrumentality of the United States; 52 (2) the United Nations; [or]
S. 2811--B 104 1 (3) an interstate agency or public corporation created pursuant to an 2 agreement or compact with another state or the Dominion of Canada; OR 3 (4) ANY PUBLIC SCHOOL DISTRICT OR NON-PUBLIC SCHOOL, WHICH SHALL NOT 4 INCLUDE A SPECIAL ACT SCHOOL DISTRICT AS DEFINED IN SECTION FOUR THOU- 5 SAND ONE OF THE EDUCATION LAW. 6 (c) Payroll expense. Payroll expense means wages and compensation as 7 defined in sections 3121 and 3231 of the internal revenue code (without 8 regard to section 3121(a)(1) and section 3231(e)(2)(A)(i)), paid to all 9 covered employees. 10 (d) Covered employee. Covered employee means an employee who is 11 employed within the MCTD. 12 (e) Net earnings from self-employment. Net earnings from self-employ- 13 ment has the same meaning as in section 1402 of the internal revenue 14 code. 15 S 2. This act shall take effect immediately. 16 PART CC 17 Section 1. Paragraph (a) of subdivision 3 of section 33 of the tax 18 law, as added by section 1 of part Y of chapter 57 of the laws of 2010, 19 is amended to read as follows: 20 (a) This section shall apply to the credits allowed under the follow- 21 ing provisions in article nine-a of this chapter and any applicable 22 counterpart provisions in articles nine, twenty-two, thirty-two and 23 thirty-three of this chapter: 24 Section 210(12) investment tax credit 25 Section 210(12-B) empire zone investment tax credit 26 Section 210(12-C) empire zone employment incentive credit 27 Section 210(12-D) employment incentive credit 28 Section 210(12-E) QETC employment credit 29 Section 210(12-F) QETC capital tax credit 30 Section 210(12-G) QETC facilities, operations, and training credit 31 Section 210(17) special additional mortgage recording tax credit 32 Section 210(19) empire zone wage tax credit 33 Section 210(20) empire zone capital tax credit 34 Section 210(21-a) credit for servicing certain mortgages 35 Section 210(23) credit for employment of persons with disabilities 36 Section 210(24) alternative fuels credit 37 Section 210(25) credit for purchase of an automated external defibril- 38 lator 39 Section 210(27) QEZE credit for real property taxes 40 Section 210(28) QEZE tax reduction credit 41 Section 210(30) low income housing credit 42 Section 210(31) green building credit 43 Section 210(33) brownfield redevelopment tax credit 44 Section 210(34) remediated brownfield credit for real property taxes 45 for qualified sites 46 Section 210(35) environmental remediation insurance credit 47 Section 210(37) security training tax credit 48 Section 210(37) credit for fuel cell electric generating equipment 49 expenditures 50 Section 210(38) conservation easement tax credit 51 Section 210(38) empire state commercial production credit 52 Section 210(38) biofuel production credit 53 Section 210(39) clean heating fuel credit 54 [Section 210(40) credit for rehabilitation of historic properties]
S. 2811--B 105 1 Section 210(40) credit for companies who provide transportation to 2 individuals with disabilities 3 S 2. This act shall take effect immediately and shall apply to taxable 4 years beginning on or after January 1, 2011. 5 PART DD 6 Section 1. Subdivisions 2, 3, 4, 5 and 6 of section 4 of chapter 912 7 of the laws of 1920 relating to the regulation of boxing, sparring and 8 wrestling, subdivisions 2 and 6 as amended by chapter 437 of the laws of 9 2002 and subdivisions 3, 4 and 5 as added by chapter 603 of the laws of 10 1981, are amended to read as follows: 11 2. The advisory board shall have power and it shall be the duty of the 12 board to prepare and submit to the commission for approval regulations 13 and standards for the physical examination of professional boxers AND 14 PROFESSIONAL COMBATIVE SPORTS PARTICIPANTS including, without limita- 15 tion, pre-fight and/or post-fight examinations and periodic comprehen- 16 sive examinations. The board shall continue to serve in an advisory 17 capacity to the commission and from time to time prepare and submit to 18 the commission for approval, such additional regulations and standards 19 of examination as in their judgment will safeguard the physical welfare 20 of professional boxers licensed by the commission. The advisory board 21 shall recommend to the commission from time to time such qualified 22 physicians, for the purpose of conducting physical examinations of 23 professional boxers AND PROFESSIONAL COMBATIVE SPORTS PARTICIPANTS and 24 other services as the rules of the commission shall provide; and shall 25 recommend to the commission a schedule of fees to be paid to physicians 26 for such examinations and other services as required by this act. 27 3. The advisory board shall develop appropriate medical education 28 programs for all commission personnel involved in the conduct of boxing 29 and sparring matches or exhibitions OR PROFESSIONAL COMBATIVE SPORTS 30 MATCHES OR EXHIBITIONS so that such personnel can recognize and act upon 31 evidence of potential or actual adverse medical indications in a partic- 32 ipant prior to or during the course of a match OR EXHIBITION. 33 4. The advisory board shall review the credentials and performance of 34 each commission physician on an annual basis as a condition of reap- 35 pointment of each such physician, including each such physician's 36 comprehension of the medical literature on boxing OR PROFESSIONAL COMBA- 37 TIVE SPORTS referred to in subdivision five of this section. 38 5. The advisory board shall recommend to the commission a compilation 39 of medical publications on the medical aspects of boxing OR PROFESSIONAL 40 COMBATIVE SPORTS which shall be maintained by the commission and be made 41 available for review to all commission personnel involved in the conduct 42 of any boxing or sparring match or exhibition OR PROFESSIONAL COMBATIVE 43 SPORTS MATCH OR EXHIBITION. 44 6. The advisory board shall also advise the commission on any study of 45 equipment, procedures or personnel which will, in their opinion, promote 46 the safety of boxing participants AND PROFESSIONAL COMBATIVE SPORTS 47 PARTICIPANTS. 48 S 2. Section 5-a of chapter 912 of the laws of 1920 relating to the 49 regulation of boxing, sparring and wrestling, as added by chapter 14 of 50 the laws of 1997, is amended to read as follows: 51 S 5-a. Combative sports. 1. DEFINITIONS. AS USED IN THIS SECTION: 52 (A) "BOARD" MEANS MEDICAL ADVISORY BOARD AS ESTABLISHED IN SECTION 53 FOUR OF THIS ACT.
S. 2811--B 106 1 (B) A "combative sport" shall mean any professional match or exhibi- 2 tion other than boxing, sparring, wrestling or martial arts wherein the 3 contestants deliver, or are not forbidden by the applicable rules there- 4 of from delivering kicks, punches or blows of any kind to the body of an 5 opponent or opponents. For the purposes of this section, the term 6 "martial arts" shall include any professional match or exhibition OF A 7 SINGLE DISCIPLINE sanctioned by AN ORGANIZATION APPROVED BY THE COMMIS- 8 SION, INCLUDING, BUT NOT LIMITED TO, any of the following organizations: 9 U.S. Judo Association, U.S. Judo, Inc., U.S. Judo Federation, U.S. Tae 10 Kwon Do Union, North American Sport Karate Association, U.S.A. Karate 11 Foundation, U.S. Karate, Inc., World Karate Association, Professional 12 Karate Association, Karate International, International Kenpo Associ- 13 ation, or World Wide Kenpo Association. The commission [is authorized 14 to] SHALL promulgate regulations which would establish a process to 15 allow for the inclusion or removal of martial arts organizations from 16 the above list. Such process shall include but not be limited to consid- 17 eration of the following factors: [(a)] (1) is the organization's 18 primary purpose to provide instruction in self defense techniques; [(b)] 19 (2) does the organization require the use of hand, feet and groin 20 protection during any competition or bout; and [(c)] (3) does the organ- 21 ization have an established set of rules that require the immediate 22 termination of any competition or bout when any participant has received 23 severe punishment or is in danger of suffering serious physical injury. 24 (C) "COMMISSION" MEANS THE STATE ATHLETIC COMMISSION AS PROVIDED FOR 25 IN SECTION ONE OF THIS CHAPTER OR AN AGENT OF THE COMMISSION ACTING ON 26 ITS BEHALF. 27 (D) "MIXED MARTIAL ARTS" MEANS ANY PROFESSIONAL COMBATIVE SPORTS 28 COMPETITION WHEREIN THE RULES OF SUCH COMPETITION SUBJECT TO THE APPLI- 29 CABLE LIMITATIONS AS SET FORTH BY THE COMMISSION AUTHORIZE PROFESSIONAL 30 COMBATIVE SPORTS MATCHES OR EXHIBITIONS BETWEEN VARIOUS FIGHTING DISCI- 31 PLINES, INCLUDING THE UTILIZATION OF PERMITTED MARTIAL ARTS TECHNIQUES, 32 INCLUDING STRIKING, KICKING AND GRAPPLING. NO NON-PROFESSIONAL OR 33 AMATEUR BOUT, EXHIBITION OR PARTICIPANT SHALL BE AUTHORIZED BY THIS 34 SECTION. 35 (E) "PROFESSIONAL COMBATIVE SPORTS PARTICIPANT" OR "PARTICIPANT" SHALL 36 MEAN A COMBATIVE SPORTS FIGHTER WHO COMPETES FOR A MONEY PRIZE OR TEACH- 37 ES OR PURSUES OR ASSISTS IN THE PRACTICE OF MIXED MARTIAL ARTS AS A 38 MEANS OF OBTAINING A LIVELIHOOD OR PECUNIARY GAIN, AND ANY CONTEST 39 CONFORMING TO THE RULES, REGULATIONS AND REQUIREMENTS OF THIS SECTION. 40 (F) "PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION" SHALL MEAN ANY 41 MATCH OR EXHIBITION THAT MUST BE APPROVED BY THE COMMISSION WHERE 42 PROFESSIONAL COMBATIVE SPORTS PARTICIPANTS RECEIVE CONSIDERATION OF ANY 43 VALUE OR AN ADMISSION IS CHARGED. 44 1-A. COMMISSION REVIEW. THE COMMISSION SHALL REVIEW EACH MARTIAL ARTS 45 SANCTIONING ORGANIZATION, INCLUDING THOSE LISTED IN SUBDIVISION ONE OF 46 THIS SECTION, AT LEAST BIENNIALLY, OR SOONER IF DETERMINED NECESSARY 47 BASED UPON THE PERIODIC COMPLIANCE CHECKS OR COMPLAINTS TO THE COMMIS- 48 SION, TO DETERMINE CONTINUATION OF THE COMMISSION'S APPROVAL. THE 49 COMMISSION SHALL CONTINUE APPROVAL OR SHALL SUSPEND OR REVOKE APPROVAL 50 BASED UPON COMPLIANCE OF THE ORGANIZATION WITH THE APPROVED SANCTIONING 51 STANDARDS AND ITS ABILITY TO SUPERVISE MATCHES IN THE STATE. THE 52 COMMISSION SHALL ACT UPON ANY APPLICATION FOR INCLUSION IN THE LIST IN 53 PARAGRAPH (B) OF SUBDIVISION ONE OF THIS SECTION WITHIN SIXTY DAYS OF 54 THE DATE SUCH APPLICATION IS MADE TO THE COMMISSION. 55 1-B. MIXED MARTIAL ARTS COMPETITION. THE COMMISSION SHALL PROMULGATE 56 RULES AND REGULATIONS TO ALLOW FOR MIXED MARTIAL ARTS COMPETITIONS TO BE
S. 2811--B 107 1 CONDUCTED, HELD, OR GIVEN WITHIN THE STATE OF NEW YORK AND SHALL ALLOW 2 FOR LICENSES TO BE APPROVED BY THE COMMISSION FOR SUCH MATCHES OR EXHI- 3 BITIONS. THE COMMISSION IS AUTHORIZED TO PROMULGATE RULES AND REGU- 4 LATIONS TO CARRY OUT THE PROVISIONS OF THIS SUBDIVISION. SUCH RULES AND 5 REGULATIONS SHALL INCLUDE, BUT NOT BE LIMITED TO, THE ADOPTION OF 6 UNIFIED RULES OF MIXED MARTIAL ARTS, A LICENSING PROCESS FOR MATCHES AND 7 EXHIBITIONS, A FEE SCHEDULE FOR SUCH LICENSES, PROCEDURES TO ALLOW FOR 8 THE PARTICIPATION, PROMOTION, AND ADVANCEMENT OF SUCH EVENTS, THE HEALTH 9 AND SAFETY OF PARTICIPANTS, AND THE BEST INTERESTS OF MIXED MARTIAL ARTS 10 AND THE ADOPTION OF RULES AND REGULATIONS FOR LICENSING AND REGULATION 11 OF ANY AND ALL GYMS, CLUBS, TRAINING CAMPS AND OTHER ORGANIZATIONS THAT 12 MAINTAIN TRAINING FACILITIES PROVIDING CONTACT SPARRING FOR PERSONS WHO 13 PREPARE FOR PARTICIPATION IN SUCH PROFESSIONAL COMBATIVE SPORTS OR EXHI- 14 BITIONS, EXCEPT AS OTHERWISE PROVIDED IN THIS SECTION. 15 (B) THE COMMISSION IS AUTHORIZED AND DIRECTED TO REQUIRE THAT ALL 16 SITES WHEREIN PROFESSIONAL COMBATIVE SPORTS ARE CONDUCTED SHALL COMPLY 17 WITH STATE AND APPLICABLE LOCAL SANITARY CODES APPROPRIATE TO SCHOOL 18 ATHLETIC FACILITIES. 19 2. [No combative sport shall be conducted, held or given within the 20 state of New York, and no licenses may be approved by the commission for 21 such matches or exhibitions. 22 3. (a) A person who knowingly advances or profits from a combative 23 sport activity shall be guilty of a class A misdemeanor, and shall be 24 guilty of a class E felony if he or she has been convicted in the previ- 25 ous five years of violating this subdivision. 26 (b) A person advances a combative sport activity when, acting other 27 than as a spectator, he or she engages in conduct which materially aids 28 any combative sport. Such conduct includes but is not limited to conduct 29 directed toward the creation, establishment or performance of a comba- 30 tive sport, toward the acquisition or maintenance of premises, parapher- 31 nalia, equipment or apparatus therefor, toward the solicitation or 32 inducement of persons to attend or participate therein, toward the actu- 33 al conduct of the performance thereof, toward the arrangement of any of 34 its financial or promotional phases, or toward any other phase of a 35 combative sport. One advances a combative sport activity when, having 36 substantial proprietary or other authoritative control over premises 37 being used with his or her knowledge for purposes of a combative sport 38 activity, he or she permits such to occur or continue or makes no effort 39 to prevent its occurrence or continuation. 40 (c) A person profits from a combative sport activity when he or she 41 accepts or receives money or other property with intent to participate 42 in the proceeds of a combative sport activity, or pursuant to an agree- 43 ment or understanding with any person whereby he or she participates or 44 is to participate in the proceeds of a combative sport activity. 45 (d) Any person who knowingly advances or profits from a combative 46 sport activity shall also be subject to a civil penalty not to exceed 47 for the first violation ten thousand dollars or twice the amount of gain 48 derived therefrom whichever is greater, or for a subsequent violation 49 twenty thousand dollars or twice the amount of gain derived therefrom 50 whichever is greater. The attorney general is hereby empowered to 51 commence judicial proceedings to recover such penalties and to obtain 52 injunctive relief to enforce the provisions of this section.] PROFES- 53 SIONAL COMBATIVE SPORTS MATCHES AND EXHIBITIONS AUTHORIZED. NO COMBATIVE 54 SPORTS MATCH OR EXHIBITION SHALL BE CONDUCTED, HELD OR GIVEN WITHIN THE 55 STATE EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF THIS SECTION AND THE 56 RULES AND REGULATIONS PROMULGATED BY THE COMMISSION PURSUANT THERETO.
S. 2811--B 108 1 THE COMMISSION SHALL DIRECT A REPRESENTATIVE TO BE PRESENT AT EACH PLACE 2 WHERE COMBATIVE SPORTS ARE TO BE HELD PURSUANT TO THE PROVISIONS OF THIS 3 SECTION. SUCH REPRESENTATIVE SHALL ASCERTAIN THE EXACT CONDITIONS 4 SURROUNDING SUCH MATCH OR EXHIBITION AND MAKE A WRITTEN REPORT OF THE 5 SAME IN THE MANNER AND FORM PRESCRIBED BY THE COMMISSION. SUCH COMBATIVE 6 SPORTS MATCHES OR EXHIBITIONS MAY BE HELD IN ANY BUILDING FOR WHICH THE 7 COMMISSION IN ITS DISCRETION MAY ISSUE A LICENSE. WHERE SUCH MATCH OR 8 EXHIBITION IS AUTHORIZED TO BE HELD IN A STATE OR CITY OWNED ARMORY, THE 9 PROVISION OF THE MILITARY LAW IN RESPECT THERETO MUST BE COMPLIED WITH, 10 BUT NO SUCH MATCH OR EXHIBITION SHALL BE HELD IN A BUILDING WHOLLY USED 11 FOR RELIGIOUS SERVICES. 12 3. JURISDICTION OF COMMISSION. (A) THE COMMISSION SHALL HAVE AND HERE- 13 BY IS VESTED WITH THE SOLE DIRECTION, MANAGEMENT, CONTROL AND JURISDIC- 14 TION OVER ALL PROFESSIONAL COMBATIVE SPORTS MATCHES OR EXHIBITIONS TO BE 15 CONDUCTED, HELD OR GIVEN WITHIN THE STATE OF NEW YORK AND OVER ALL 16 LICENSES TO ANY AND ALL PERSONS WHO PARTICIPATE IN SUCH COMBATIVE SPORTS 17 MATCHES OR EXHIBITIONS AND OVER ANY AND ALL GYMS, CLUBS, TRAINING CAMPS 18 AND OTHER ORGANIZATIONS THAT MAINTAIN TRAINING FACILITIES PROVIDING 19 CONTACT SPARRING FOR PERSONS WHO PREPARE FOR PARTICIPATION IN SUCH 20 PROFESSIONAL COMBATIVE SPORTS OR EXHIBITIONS, EXCEPT AS OTHERWISE 21 PROVIDED IN THIS SECTION. 22 (B) THE COMMISSION IS AUTHORIZED AND DIRECTED TO REQUIRE THAT ALL 23 SITES WHEREIN PROFESSIONAL COMBATIVE SPORTS ARE CONDUCTED SHALL COMPLY 24 WITH STATE AND APPLICABLE LOCAL SANITARY CODES APPROPRIATE TO SCHOOL 25 ATHLETIC FACILITIES. 26 4. ENTITIES REQUIRED TO PROCURE LICENSES; PROFESSIONAL COMBATIVE 27 SPORTS PARTICIPANTS DEFINED. EXCEPT AS OTHERWISE PROVIDED IN SUBDIVISION 28 SIX OF THIS SECTION, ALL CORPORATIONS, PERSONS, LIMITED LIABILITY COMPA- 29 NIES, REFEREES, JUDGES, CORPORATION TREASURERS, PROFESSIONAL COMBATIVE 30 SPORTS PARTICIPANTS, THEIR MANAGERS, PROMOTERS, TRAINERS AND CHIEF 31 SECONDS SHALL BE LICENSED BY THE COMMISSION, AND NO SUCH ENTITY SHALL BE 32 PERMITTED TO PARTICIPATE, EITHER DIRECTLY OR INDIRECTLY, IN ANY PROFES- 33 SIONAL COMBATIVE SPORTS MATCH OR EXHIBITION, OR THE HOLDING THEREOF, 34 UNLESS SUCH ENTITY SHALL HAVE FIRST PROCURED A LICENSE FROM THE COMMIS- 35 SION. THE COMMISSION SHALL ESTABLISH BY RULE AND REGULATION LICENSING 36 STANDARDS FOR REFEREES, JUDGES, MANAGERS, PROMOTERS, TRAINERS AND CHIEF 37 SECONDS. ANY MATCH OR EXHIBITION CONFORMING TO THE RULES, REGULATIONS 38 AND REQUIREMENTS OF THIS SECTION SHALL BE DEEMED TO BE A PROFESSIONAL 39 COMBATIVE SPORTS MATCH OR EXHIBITION. 40 5. LICENSE TO ENTITIES. (A) THE COMMISSION MAY, IN ITS DISCRETION, 41 ISSUE A LICENSE TO CONDUCT OR HOLD PROFESSIONAL COMBATIVE SPORTS MATCHES 42 OR EXHIBITIONS, SUBJECT TO THE PROVISIONS HEREOF, TO ANY PERSON, CORPO- 43 RATION OR LIMITED LIABILITY COMPANY DULY INCORPORATED OR FORMED, HEREIN- 44 AFTER REFERRED TO AS "ENTITY". 45 (B) A PROSPECTIVE LICENSEE MUST SUBMIT TO THE COMMISSION PROOF THAT IT 46 CAN FURNISH SUITABLE PREMISES IN WHICH SUCH MATCH OR EXHIBITION IS TO BE 47 HELD. 48 (C) UPON WRITTEN APPLICATION AND THE PAYMENT OF A FEE OF FIVE HUNDRED 49 DOLLARS WHICH MUST ACCOMPANY THE APPLICATION, THE COMMISSION MAY GRANT 50 TO ANY ENTITY HOLDING A LICENSE ISSUED HEREUNDER, THE PRIVILEGE OF HOLD- 51 ING SUCH A MATCH OR EXHIBITION ON A SPECIFIED DATE IN OTHER PREMISES, OR 52 IN ANOTHER LOCATION, THAN THE PREMISES OF LOCATION PREVIOUSLY APPROVED 53 BY THE COMMISSION, SUBJECT HOWEVER TO APPROVAL OF THE COMMISSION AND THE 54 RULES AND REGULATIONS OF THE COMMISSION. 55 (D) ALL PENALTIES IMPOSED AND COLLECTED BY THE COMMISSION FROM ANY 56 ENTITY LICENSED UNDER THE PROVISIONS OF THIS ACT, WHICH FINES AND PENAL-
S. 2811--B 109 1 TIES ARE IMPOSED AND COLLECTED UNDER THE AUTHORITY HEREBY VESTED SHALL 2 WITHIN THIRTY DAYS AFTER THE RECEIPT THEREOF BY THE COMMISSION BE PAID 3 BY THEM INTO THE STATE TREASURY. 4 6. TEMPORARY WORKING PERMITS FOR PROFESSIONAL COMBATIVE SPORTS PARTIC- 5 IPANTS, MANAGERS, TRAINERS AND CHIEF SECONDS. THE COMMISSION MAY ISSUE 6 TEMPORARY WORKING PERMITS TO PROFESSIONAL COMBATIVE SPORTS PARTICIPANTS, 7 THEIR MANAGERS, TRAINERS AND CHIEF SECONDS. A TEMPORARY WORKING PERMIT 8 SHALL AUTHORIZE THE EMPLOYMENT OF THE HOLDER OF SUCH PERMIT TO ENGAGE IN 9 A SINGLE MATCH OR EXHIBITION AT A SPECIFIED TIME AND PLACE. A TEMPORARY 10 WORKING PERMIT MAY BE ISSUED IF IN THE JUDGMENT OF THE COMMISSION THE 11 PARTICIPATION OF THE HOLDER THEREOF IN A PROFESSIONAL COMBATIVE SPORTS 12 MATCH OR EXHIBITION WILL BE CONSISTENT WITH THE PURPOSES AND PROVISIONS 13 OF THIS SECTION, THE BEST INTERESTS OF COMBATIVE SPORTS GENERALLY, AND 14 THE PUBLIC INTEREST, CONVENIENCE OR NECESSITY. THE COMMISSION MAY 15 REQUIRE THAT PROFESSIONAL COMBATIVE SPORTS PARTICIPANTS APPLYING FOR 16 TEMPORARY WORKING PERMITS UNDERGO A PHYSICAL EXAMINATION, NEUROLOGICAL 17 OR NEUROPSYCHOLOGICAL TEST OR PROCEDURE, INCLUDING COMPUTED TOMOGRAPHY 18 OR MEDICALLY EQUIVALENT PROCEDURE. THE FEE FOR SUCH TEMPORARY WORKING 19 PERMIT SHALL BE TWENTY DOLLARS. 20 7. LICENSE FEES; TERM OF LICENSES; RENEWALS. EACH APPLICANT FOR A 21 PROMOTER LICENSE SHALL, BEFORE A LICENSE IS ISSUED BY THE COMMISSION, 22 PAY TO THE COMMISSION, AN ANNUAL LICENSE FEE AS FOLLOWS: WHERE THE 23 SEATING CAPACITY IS NOT MORE THAN TWO THOUSAND FIVE HUNDRED, FIVE 24 HUNDRED DOLLARS; WHERE THE SEATING CAPACITY IS MORE THAN TWO THOUSAND 25 FIVE HUNDRED BUT NOT MORE THAN FIVE THOUSAND, ONE THOUSAND DOLLARS; 26 WHERE THE SEATING CAPACITY IS MORE THAN FIVE THOUSAND BUT NOT MORE THAN 27 FIFTEEN THOUSAND, ONE THOUSAND FIVE HUNDRED DOLLARS; WHERE THE SEATING 28 CAPACITY IS MORE THAN FIFTEEN THOUSAND BUT NOT MORE THAN TWENTY-FIVE 29 THOUSAND, TWO THOUSAND FIVE HUNDRED DOLLARS; WHERE THE SEATING CAPACITY 30 IS MORE THAN TWENTY-FIVE THOUSAND, THREE THOUSAND FIVE HUNDRED DOLLARS; 31 REFEREE, ONE HUNDRED DOLLARS; JUDGES, ONE HUNDRED DOLLARS; PROFESSIONAL 32 COMBATIVE SPORTS PARTICIPANTS, FIFTY DOLLARS; MANAGERS, FIFTY DOLLARS; 33 TRAINERS, FIFTY DOLLARS; AND CHIEF SECONDS, FORTY DOLLARS. EACH LICENSE 34 OR RENEWAL THEREOF ISSUED PURSUANT TO THIS SUBDIVISION ON OR AFTER OCTO- 35 BER FIRST SHALL BE EFFECTIVE FOR A LICENSE YEAR EXPIRING ON THE THIRTI- 36 ETH DAY OF SEPTEMBER FOLLOWING THE DATE OF ITS ISSUANCE. THE ANNUAL 37 LICENSE FEE PRESCRIBED BY THIS SUBDIVISION SHALL BE THE LICENSE FEE DUE 38 AND PAYABLE THEREFOR AND SHALL BE PAID IN ADVANCE AT THE TIME APPLICA- 39 TION IS MADE THEREFOR, AND EACH SUCH LICENSE MAY BE RENEWED FOR PERIODS 40 OF ONE YEAR UPON THE PAYMENT OF THE ANNUAL LICENSE FEE PRESCRIBED BY 41 THIS SUBDIVISION. WITHIN THREE YEARS FROM THE DATE OF PAYMENT AND UPON 42 THE AUDIT OF THE COMPTROLLER, THE COMMISSION MAY REFUND ANY FEE, UNFOR- 43 FEITED POSTED GUARANTEE OR TAX PAID PURSUANT TO THIS SECTION, FOR WHICH 44 NO LICENSE IS ISSUED OR NO SERVICE RENDERED OR REFUND THAT PORTION OF 45 THE PAYMENT THAT IS IN EXCESS OF THE AMOUNT PRESCRIBED BY STATUTE. 46 8. APPLICATION FOR LICENSE; FINGERPRINTS. (A) EVERY APPLICATION FOR A 47 LICENSE SHALL BE IN WRITING, SHALL BE ADDRESSED TO THE COMMISSION, SHALL 48 BE SUBSCRIBED BY THE APPLICANT, AND AFFIRMED BY HIM AS TRUE UNDER THE 49 PENALTIES OF PERJURY, AND SHALL SET FORTH SUCH FACTS AS THE PROVISIONS 50 HEREOF AND THE RULES AND REGULATIONS OF THE COMMISSION MAY REQUIRE. 51 (B) WHEN AN APPLICATION IS MADE FOR A LICENSE UNDER THIS SECTION, THE 52 COMMISSION MAY CAUSE THE FINGERPRINTS OF SUCH APPLICANT, OR IF SUCH 53 APPLICANT BE A CORPORATION, OF THE OFFICERS OF SUCH CORPORATION, OR IF 54 SUCH APPLICANT BE A LIMITED LIABILITY COMPANY, THE MANAGER OF SUCH 55 LIMITED LIABILITY COMPANY TO BE TAKEN IN DUPLICATE. THE APPLICANT SHALL 56 BE RESPONSIBLE FOR THE COST OF HAVING HIS FINGERPRINTS TAKEN. IF SUCH
S. 2811--B 110 1 FINGERPRINTS ARE TAKEN, ONE COPY SHALL BE TRANSMITTED TO THE DIVISION OF 2 CRIMINAL JUSTICE SERVICES IN ACCORDANCE WITH THE RULES AND REGULATIONS 3 OF THE DIVISION OF CRIMINAL JUSTICE SERVICES AND ONE SHALL REMAIN ON 4 FILE IN THE OFFICE OF THE COMMISSION. NO SUCH FINGERPRINT MAY BE 5 INSPECTED BY ANY PERSON, OTHER THAN A PEACE OFFICER, EXCEPT ON ORDER OF 6 A JUDGE OR JUSTICE OF A COURT OF RECORD. THE DIVISION IS HEREBY AUTHOR- 7 IZED TO TRANSMIT CRIMINAL HISTORY INFORMATION TO THE COMMISSION FOR THE 8 PURPOSES OF THIS PARAGRAPH. THE INFORMATION OBTAINED BY ANY SUCH FING- 9 ERPRINT EXAMINATION SHALL BE FOR THE GUIDANCE OF THE COMMISSION IN THE 10 EXERCISE OF ITS DISCRETION IN GRANTING OR WITHHOLDING THE LICENSE. THE 11 COMMISSION SHALL PROVIDE SUCH APPLICANT WITH A COPY OF HIS OR HER CRIMI- 12 NAL HISTORY RECORD, IF ANY, TOGETHER WITH A COPY OF ARTICLE 13 TWENTY-THREE-A OF THE CORRECTION LAW, AND INFORM SUCH APPLICANT OF HIS 14 OR HER RIGHT TO SEEK CORRECTION OF ANY INCORRECT INFORMATION CONTAINED 15 IN SUCH RECORD PURSUANT TO REGULATIONS AND PROCEDURES ESTABLISHED BY THE 16 DIVISION OF CRIMINAL JUSTICE SERVICES. ALL DETERMINATIONS TO ISSUE, 17 RENEW, SUSPEND OR REVOKE A LICENSE SHALL BE MADE IN ACCORDANCE WITH 18 SUBDIVISION SIXTEEN OF SECTION TWO HUNDRED NINETY-SIX OF THE EXECUTIVE 19 LAW AND ARTICLE TWENTY-THREE-A OF THE CORRECTION LAW. 20 9. STANDARDS FOR THE ISSUANCE OF LICENSES. (A) IF IN THE JUDGMENT OF 21 THE COMMISSION THE FINANCIAL RESPONSIBILITY, EXPERIENCE, CHARACTER AND 22 GENERAL FITNESS OF AN APPLICANT, INCLUDING IN THE CASE OF CORPORATIONS 23 ITS OFFICERS AND STOCKHOLDERS, ARE SUCH THAT THE PARTICIPATION OF SUCH 24 APPLICANT WILL BE CONSISTENT WITH THE BEST INTERESTS OF COMBATIVE 25 SPORTS, THE PURPOSES OF THIS SECTION INCLUDING THE SAFETY OF PROFES- 26 SIONAL COMBATIVE SPORTS PARTICIPANTS, AND IN THE PUBLIC INTEREST, 27 CONVENIENCE OR NECESSITY, THE COMMISSION SHALL GRANT A LICENSE IN 28 ACCORDANCE WITH THE PROVISIONS CONTAINED IN THIS SUBDIVISION. 29 (B) ANY PROFESSIONAL COMBATIVE SPORTS PARTICIPANT APPLYING FOR A 30 LICENSE OR RENEWAL OF A LICENSE UNDER THIS SUBDIVISION SHALL UNDERGO A 31 COMPREHENSIVE PHYSICAL EXAMINATION INCLUDING CLINICAL NEUROLOGICAL AND 32 NEUROPSYCHOLOGICAL EXAMINATIONS BY A PHYSICIAN APPROVED BY THE COMMIS- 33 SION. IF, AT THE TIME OF SUCH EXAMINATION, THERE IS ANY INDICATION OF 34 BRAIN INJURY, OR FOR ANY OTHER REASON THE PHYSICIAN DEEMS IT APPROPRI- 35 ATE, THE PROFESSIONAL COMBATIVE SPORTS PARTICIPANT SHALL BE REQUIRED TO 36 UNDERGO FURTHER NEUROLOGICAL AND NEUROPSYCHOLOGICAL EXAMINATIONS BY A 37 NEUROLOGIST INCLUDING, BUT NOT LIMITED TO, A COMPUTED TOMOGRAPHY OR 38 MEDICALLY EQUIVALENT PROCEDURE. THE COMMISSION SHALL NOT ISSUE A LICENSE 39 TO A PROFESSIONAL COMBATIVE SPORTS PARTICIPANT UNTIL SUCH EXAMINATIONS 40 ARE COMPLETED AND REVIEWED BY THE COMMISSION. THE RESULTS OF ALL SUCH 41 EXAMINATIONS HEREIN REQUIRED SHALL BECOME A PART OF THE PROFESSIONAL 42 COMBATIVE SPORTS PARTICIPANT'S PERMANENT MEDICAL RECORD AS MAINTAINED BY 43 THE COMMISSION. THE COST OF ALL SUCH EXAMINATIONS CALLED FOR IN THIS 44 SUBDIVISION SHALL BE ASSUMED BY THE STATE IF SUCH EXAMINATIONS ARE 45 PERFORMED BY A PHYSICIAN OR NEUROLOGIST APPROVED BY THE COMMISSION. 46 (C) ANY PROFESSIONAL COMBATIVE SPORTS PARTICIPANT LICENSED UNDER THIS 47 CHAPTER SHALL, AS A CONDITION OF LICENSURE, WAIVE RIGHT OF CONFIDENTIAL- 48 ITY OF MEDICAL RECORDS RELATING TO TREATMENT OF ANY PHYSICAL CONDITION 49 WHICH RELATES TO HIS ABILITY TO FIGHT. ALL MEDICAL REPORTS SUBMITTED TO, 50 AND ALL MEDICAL RECORDS OF THE MEDICAL ADVISORY BOARD OR THE COMMISSION 51 RELATIVE TO THE PHYSICAL EXAMINATION OR CONDITION OF COMBATIVE SPORTS 52 PARTICIPANTS SHALL BE CONSIDERED CONFIDENTIAL, AND SHALL BE OPEN TO 53 EXAMINATION ONLY TO THE COMMISSION OR ITS AUTHORIZED REPRESENTATIVE, TO 54 THE LICENSED PARTICIPANT, MANAGER OR CHIEF SECOND UPON WRITTEN APPLICA- 55 TION TO EXAMINE SAID RECORDS, OR UPON THE ORDER OF A COURT OF COMPETENT 56 JURISDICTION IN AN APPROPRIATE CASE.
S. 2811--B 111 1 10. FINANCIAL INTEREST IN PROFESSIONAL COMBATIVE SPORTS PARTICIPANTS 2 PROHIBITED. NO ENTITY SHALL HAVE, EITHER DIRECTLY OR INDIRECTLY, ANY 3 FINANCIAL INTEREST IN A PROFESSIONAL COMBATIVE SPORTS PARTICIPANT 4 COMPETING ON PREMISES OWNED OR LEASED BY THE ENTITY, OR IN WHICH SUCH 5 ENTITY IS OTHERWISE INTERESTED EXCEPT PURSUANT TO THE SPECIFIC WRITTEN 6 AUTHORIZATION OF THE COMMISSION. 7 11. PAYMENTS NOT TO BE MADE BEFORE CONTESTS. NO PROFESSIONAL COMBATIVE 8 SPORTS PARTICIPANT SHALL BE PAID FOR SERVICES BEFORE THE CONTEST, AND 9 SHOULD IT BE DETERMINED BY THE COMMISSION THAT SUCH PARTICIPANT DID NOT 10 GIVE AN HONEST EXHIBITION OF HIS SKILL, SUCH SERVICE SHALL NOT BE PAID 11 FOR. 12 12. SHAM OR COLLUSIVE EVENTS. (A) ANY PERSON, INCLUDING ANY CORPO- 13 RATION AND THE OFFICERS THEREOF, ANY PHYSICIAN, LIMITED LIABILITY COMPA- 14 NY, REFEREE, JUDGE, PROFESSIONAL COMBATIVE SPORTS PARTICIPANT, MANAGER, 15 TRAINER OR CHIEF SECOND, WHO SHALL PROMOTE, CONDUCT, GIVE OR PARTICIPATE 16 IN ANY SHAM OR COLLUSIVE PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBI- 17 TION, SHALL BE DEPRIVED OF HIS LICENSE BY THE COMMISSION. 18 (B) NO LICENSED ENTITY SHALL KNOWINGLY ENGAGE IN A COURSE OF CONDUCT 19 IN WHICH PROFESSIONAL COMBATIVE SPORTS MATCHES OR EXHIBITIONS ARE 20 ARRANGED WHERE ONE PROFESSIONAL COMBATIVE SPORTS PARTICIPANT HAS SKILLS 21 OR EXPERIENCE SIGNIFICANTLY IN EXCESS OF THE OTHER PROFESSIONAL COMBA- 22 TIVE SPORTS PARTICIPANT SO THAT A MISMATCH RESULTS WITH THE POTENTIAL OF 23 PHYSICAL HARM TO THE PROFESSIONAL COMBATIVE SPORTS PARTICIPANT. IF SUCH 24 ACTION OCCURS, THE COMMISSION MAY EXERCISE ITS POWERS TO DISCIPLINE 25 UNDER SUBDIVISIONS THIRTEEN AND FOURTEEN OF THIS SECTION, PROVIDED THAT 26 NOTHING IN THIS SUBDIVISION SHALL AUTHORIZE THE COMMISSION TO INTERVENE 27 OR PROHIBIT A PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION SOLELY 28 ON THE BASIS OF THE DIFFERENCE BETWEEN RESPECTIVE PARTICIPANT'S MARTIAL 29 ARTS DISCIPLINES. 30 13. IMPOSITION OF PENALTIES FOR VIOLATIONS. ANY ENTITY, LICENSED UNDER 31 THE PROVISIONS OF THIS SECTION, THAT SHALL KNOWINGLY VIOLATE ANY RULE OR 32 ORDER OF THE COMMISSION OR ANY PROVISION OF THIS SECTION, IN ADDITION TO 33 ANY OTHER PENALTY BY LAW PRESCRIBED, SHALL BE LIABLE TO A CIVIL PENALTY 34 NOT EXCEEDING FIVE THOUSAND DOLLARS TO BE IMPOSED BY THE COMMISSION, TO 35 BE SUED FOR BY THE ATTORNEY GENERAL IN THE NAME OF THE PEOPLE OF THE 36 STATE OF NEW YORK IF DIRECTED BY THE COMMISSION. THE AMOUNT OF THE 37 PENALTY COLLECTED BY THE COMMISSION OR RECOVERED IN ANY SUCH ACTION, OR 38 PAID TO THE COMMISSION UPON A COMPROMISE AS HEREINAFTER PROVIDED, SHALL 39 BE TRANSMITTED BY THE DEPARTMENT OF STATE INTO THE STATE TREASURY AND 40 CREDITED TO THE GENERAL FUND. THE COMMISSION, FOR CAUSE SHOWN, MAY 41 EXTEND THE TIME FOR THE PAYMENT OF SUCH PENALTY AND, BY COMPROMISE, MAY 42 ACCEPT LESS THAN THE AMOUNT OF SUCH PENALTY AS IMPOSED IN SETTLEMENT 43 THEREOF. 44 14. REVOCATION OR SUSPENSION OF LICENSES. (A) ANY LICENSE ISSUED UNDER 45 THE PROVISIONS OF THIS SECTION MAY BE REVOKED OR SUSPENDED BY THE 46 COMMISSION FOR THE REASON THEREIN STATED, THAT THE LICENSEE HAS, IN THE 47 JUDGMENT OF THE COMMISSION, BEEN GUILTY OF AN ACT DETRIMENTAL TO THE 48 INTERESTS OF COMBATIVE SPORTS GENERALLY OR TO THE PUBLIC INTEREST, 49 CONVENIENCE OR NECESSITY. 50 (B) WITHOUT OTHERWISE LIMITING THE DISCRETION OF THE COMMISSION AS 51 PROVIDED IN THIS SECTION, THE COMMISSION MAY SUSPEND OR REVOKE A LICENSE 52 OR REFUSE TO RENEW OR ISSUE A LICENSE, IF IT SHALL FIND THAT THE APPLI- 53 CANT OR PARTICIPANT: (1) HAS BEEN CONVICTED OF A CRIME IN ANY JURISDIC- 54 TION; (2) IS ASSOCIATING OR CONSORTING WITH ANY PERSON WHO HAS OR 55 PERSONS WHO HAVE BEEN CONVICTED OF A CRIME OR CRIMES IN ANY JURISDICTION 56 OR JURISDICTIONS; (3) HAS BEEN GUILTY OF OR ATTEMPTED ANY FRAUD OR
S. 2811--B 112 1 MISREPRESENTATION IN CONNECTION WITH COMBATIVE SPORTS; (4) HAS VIOLATED 2 OR ATTEMPTED TO VIOLATE ANY LAW WITH RESPECT TO COMBATIVE SPORTS IN ANY 3 JURISDICTION OR ANY RULE, REGULATION OR ORDER OF THE COMMISSION, OR 4 SHALL HAVE VIOLATED ANY RULE OF COMBATIVE SPORTS WHICH SHALL HAVE BEEN 5 APPROVED OR ADOPTED BY THE COMMISSION, OR HAS BEEN GUILTY OF OR ENGAGED 6 IN SIMILAR, RELATED OR LIKE PRACTICES; OR (5) HAS NOT ACTED IN THE BEST 7 INTEREST OF MIXED MARTIAL ARTS. ALL DETERMINATIONS TO ISSUE, RENEW, 8 SUSPEND OR REVOKE A LICENSE SHALL BE MADE IN ACCORDANCE WITH SUBDIVISION 9 SIXTEEN OF SECTION TWO HUNDRED NINETY-SIX OF THE EXECUTIVE LAW AND ARTI- 10 CLE TWENTY-THREE-A OF THE CORRECTION LAW AS APPLICABLE. 11 (C) NO SUCH PARTICIPANT MAY, UNDER ANY CIRCUMSTANCES, COMPETE OR 12 APPEAR IN A PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION WITHIN 13 NINETY DAYS OF HAVING SUFFERED A KNOCKOUT OR TECHNICAL KNOCKOUT IN ANY 14 SUCH MATCH OR EXHIBITION WITHOUT CLEARANCE BY THE BOARD, OR WITHIN NINE- 15 TY DAYS OF BEING RENDERED UNCONSCIOUS IN ANY SUCH MATCH OR EXHIBITION 16 WHERE THERE IS EVIDENCE OF HEAD TRAUMA AS DETERMINED BY THE ATTENDING 17 COMMISSION PHYSICIAN AND SHALL UNDERGO SUCH EXAMINATIONS AS REQUIRED 18 UNDER PARAGRAPH (B) OF SUBDIVISION TWENTY OF THIS SECTION. THE PROFES- 19 SIONAL COMBATIVE SPORTS PARTICIPANT SHALL BE CONSIDERED SUSPENDED FROM 20 PROFESSIONAL COMBATIVE SPORTS MATCHES OR EXHIBITIONS BY THE COMMISSION 21 AND SHALL FORFEIT HIS LICENSE TO THE COMMISSION DURING SUCH PERIOD AND 22 SUCH LICENSE SHALL NOT BE RETURNED TO THE PARTICIPANT UNTIL THE PARTIC- 23 IPANT HAS MET ALL REQUIREMENTS, MEDICAL AND OTHERWISE, FOR REINSTATEMENT 24 OF SUCH LICENSE. ALL SUCH SUSPENSIONS SHALL BE RECORDED IN THE PARTIC- 25 IPANT'S LICENSE BY A COMMISSION OFFICIAL. 26 (D) THE COMMISSION MAY AT ANY TIME SUSPEND, REVOKE OR DENY A PARTIC- 27 IPANT'S LICENSE OR TEMPORARY WORKING PERMIT FOR MEDICAL REASONS AT THE 28 RECOMMENDATION OF THE BOARD. 29 (E) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, IF ANY OTHER STATE 30 SHALL REVOKE A LICENSEE'S LICENSE TO COMPETE OR APPEAR IN A PROFESSIONAL 31 COMBATIVE SPORTS MATCH OR EXHIBITION IN THAT STATE BASED ON A KNOWING 32 AND INTENTIONAL ENGAGEMENT IN ANY PROHIBITED PRACTICES OF SUCH STATE, 33 THE COMMISSION MAY ACT TO REVOKE ANY LICENSE TO COMPETE OR APPEAR IN A 34 PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION ISSUED TO SUCH LICEN- 35 SEE PURSUANT TO THE PROVISIONS OF THIS SECTION. 36 (F) THE COMMISSION MAY SUSPEND ANY LICENSE IT HAS ISSUED BY A DATED 37 NOTICE TO THAT EFFECT TO THE SUSPENDED LICENSEE, MAILED OR DELIVERED TO 38 THE LICENSEE, AND SPECIFYING THE EFFECTIVE DATE AND TERM OF THE SUSPEN- 39 SION, PROVIDED HOWEVER THAT THE COMMISSION REPRESENTATIVE IN CHARGE OF A 40 CONTEST OR EXHIBITION MAY THEN AND THERE TEMPORARILY SUSPEND ANY LICENSE 41 ISSUED BY THE COMMISSION WITHOUT SUCH NOTICE. IN THE EVENT OF A TEMPO- 42 RARY SUSPENSION, THE COMMISSION SHALL MAIL OR DELIVER THE NOTICE TO THE 43 SUSPENDED LICENSEE WITHIN THREE BUSINESS DAYS AFTER THE TEMPORARY 44 SUSPENSION. IN EITHER CASE SUCH SUSPENSION MAY BE WITHOUT ANY ADVANCE 45 HEARING. UPON THE RECEIPT OF SUCH NOTICE OF SUSPENSION, THE SUSPENDED 46 LICENSEE MAY APPLY TO THE COMMISSION FOR A HEARING ON THE MATTER TO 47 DETERMINE WHETHER SUCH SUSPENSION SHOULD BE RESCINDED. SUCH APPLICATION 48 FOR A HEARING MUST BE IN WRITING AND MUST BE RECEIVED BY THE COMMISSION 49 WITHIN THIRTY DAYS AFTER THE DATE OF NOTICE OF SUSPENSION. THE COMMIS- 50 SION SHALL HAVE THE AUTHORITY TO REVOKE ANY LICENSE ISSUED BY IT. BEFORE 51 ANY LICENSE IS SO REVOKED, THE LICENSEE WILL BE OFFERED THE OPPORTUNITY 52 AT A HEARING HELD BY OR ON BEHALF OF THE COMMISSION TO SHOW CAUSE WHY 53 THE LICENSE SHOULD NOT BE REVOKED. THE COMMISSION SHALL OFFER THE OPPOR- 54 TUNITY FOR A HEARING TO AN AFFECTED PERSON BEFORE TAKING ANY FINAL 55 ACTION NEGATIVELY AFFECTING SUCH PERSON'S INDIVIDUAL PRIVILEGES OR PROP- 56 ERTY GRANTED BY A LICENSE DULY ISSUED BY THE COMMISSION OR A CONTRACT
S. 2811--B 113 1 APPROVED BY AND FILED WITH THE COMMISSION. IN ALL SUCH HEARINGS, LICEN- 2 SEES AND OTHER WITNESSES SHALL TESTIFY UNDER OATH OR AFFIRMATION, WHICH 3 MAY BE ADMINISTERED BY ANY COMMISSIONER OR AUTHORIZED REPRESENTATIVE OF 4 THE COMMISSION ACTUALLY PRESENT. THE COMMISSION SHALL BE THE SOLE JUDGE 5 OF THE RELEVANCY AND COMPETENCY OF TESTIMONY AND OTHER EVIDENCE, THE 6 CREDIBILITY OF WITNESSES, AND THE SUFFICIENCY OF EVIDENCE. HEARINGS MAY 7 BE CONDUCTED BY REPRESENTATIVES OF THE COMMISSION IN THE DISCRETION OF 8 THE COMMISSION. IN SUCH CASES, THE COMMISSION REPRESENTATIVES CONDUCTING 9 THE HEARING SHALL SUBMIT FINDINGS OF FACT AND RECOMMENDATIONS TO THE 10 COMMISSION, WHICH SHALL NOT BE BINDING ON THE COMMISSION. 11 15. ADVERTISING MATTER TO STATE ADMISSION PRICE. IT SHALL BE THE DUTY 12 OF EVERY ENTITY PROMOTING OR CONDUCTING A PROFESSIONAL COMBATIVE SPORTS 13 MATCH OR EXHIBITION SUBJECT TO THE PROVISIONS OF THIS SECTION TO CAUSE 14 TO BE INSERTED IN EACH SHOW CARD, BILL, POSTER, NEWSPAPER ADVERTISEMENT 15 OF ANY PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION GIVEN BY IT, 16 THE PRICE OF ADMISSION THERETO. VIOLATION OF THE PROVISIONS OF THIS 17 SUBDIVISION SHALL SUBJECT THE ENTITY TO A FINE OF ONE HUNDRED DOLLARS. 18 16. TICKETS TO INDICATE PURCHASE PRICE. ALL TICKETS OF ADMISSION TO 19 ANY SUCH COMBATIVE SPORTS MATCH OR EXHIBITION SHALL BE CONTROLLED BY THE 20 PROVISIONS OF ARTICLE TWENTY-FIVE OF THE ARTS AND CULTURAL AFFAIRS LAW. 21 IT SHALL BE UNLAWFUL FOR ANY ENTITY TO ADMIT TO SUCH MATCH OR EXHIBITION 22 A NUMBER OF PEOPLE GREATER THAN THE SEATING CAPACITY OF THE PLACE WHERE 23 SUCH MATCH OR EXHIBITION IS HELD. VIOLATION OF THIS SUBDIVISION SHALL BE 24 A MISDEMEANOR AND SHALL BE PUNISHABLE AS SUCH AND IN ADDITION SHALL 25 INCUR FORFEITURE OF LICENSE. 26 17. EQUIPMENT OF BUILDINGS FOR MATCHES OR EXHIBITIONS. ALL BUILDINGS 27 OR STRUCTURES USED OR INTENDED TO BE USED FOR HOLDING OR GIVING SUCH 28 PROFESSIONAL COMBATIVE SPORTS MATCHES OR EXHIBITIONS SHALL BE PROPERLY 29 VENTILATED AND PROVIDED WITH FIRE EXITS AND FIRE ESCAPES, AND IN ALL 30 MANNER CONFORM TO THE LAWS, ORDINANCES AND REGULATIONS PERTAINING TO 31 BUILDINGS IN THE CITY, TOWN OR VILLAGE WHERE SITUATED. 32 18. AGE OF PARTICIPANTS AND SPECTATORS. NO PERSON UNDER THE AGE OF 33 EIGHTEEN YEARS SHALL PARTICIPATE IN ANY PROFESSIONAL COMBATIVE SPORTS 34 MATCH OR EXHIBITION, AND NO PERSON UNDER SIXTEEN YEARS OF AGE SHALL BE 35 PERMITTED TO ATTEND AS A SPECTATOR; PROVIDED, HOWEVER, THAT A PERSON 36 UNDER THE AGE OF SIXTEEN SHALL BE PERMITTED TO ATTEND AS A SPECTATOR IF 37 ACCOMPANIED BY A PARENT OR GUARDIAN. 38 19. REGULATION OF CONDUCT OF MATCHES OR EXHIBITIONS. (A) EXCEPT FOR 39 CHAMPIONSHIP MATCHES, WHICH SHALL NOT BE MORE THAN FIVE ROUNDS, NO 40 COMBATIVE SPORTS MATCH OR EXHIBITION SHALL BE MORE THAN THREE ROUNDS IN 41 LENGTH. NO PARTICIPANT SHALL BE ALLOWED TO PARTICIPATE IN MORE THAN 42 THREE MATCHES OR EXHIBITIONS OR COMPETE FOR MORE THAN SIXTY MINUTES 43 WITHIN SEVENTY-TWO CONSECUTIVE HOURS. NO PARTICIPANT SHALL BE ALLOWED 44 TO COMPETE IN ANY SUCH MATCH OR EXHIBITION WITHOUT WEARING A MOUTHGUARD 45 AND A PROTECTIVE GROIN CUP. AT EACH PROFESSIONAL COMBATIVE SPORTS MATCH 46 OR EXHIBITION, THERE SHALL BE IN ATTENDANCE A DULY LICENSED REFEREE WHO 47 SHALL DIRECT AND CONTROL THE SAME. BEFORE STARTING SUCH CONTEST THE 48 REFEREE SHALL ASCERTAIN FROM EACH PARTICIPANT THE NAME OF HIS MANAGER OR 49 CHIEF SECOND, AND SHALL HOLD SUCH MANAGER OR CHIEF SECOND RESPONSIBLE 50 FOR THE CONDUCT OF HIS ASSISTANT SECONDS DURING THE PROGRESS OF THE 51 MATCH OR EXHIBITION. THE COMMISSION SHALL HAVE THE POWER IN ITS 52 DISCRETION TO DECLARE FORFEITED ANY PRIZE, REMUNERATION OR PURSE, OR ANY 53 PART THEREOF, BELONGING TO THE PARTICIPANTS OR ONE OF THEM, OR THE SHARE 54 THEREOF OF ANY MANAGER OR CHIEF SECOND IF IN ITS JUDGMENT, SUCH PARTIC- 55 IPANT OR PARTICIPANTS ARE NOT HONESTLY COMPETING OR THE PARTICIPANT OR 56 MANAGER OR CHIEF SECOND OF A PARTICIPANT, AS THE CASE MAY BE, HAS
S. 2811--B 114 1 COMMITTED AN ACT IN THE PREMISES IN VIOLATION OF ANY RULE, ORDER OR 2 REGULATION OF THE COMMISSION. THE AMOUNT SO FORFEITED SHALL BE PAID 3 WITHIN FORTY-EIGHT HOURS TO THE COMMISSION. THERE SHALL ALSO BE IN 4 ATTENDANCE, THREE DULY LICENSED JUDGES WHO SHALL AT THE TERMINATION OF 5 EACH SUCH COMBATIVE SPORTS MATCH OR EXHIBITION RENDER THEIR DECISION. 6 THE WINNER OF SUCH MATCH OR EXHIBITION SHALL BE DETERMINED IN ACCORDANCE 7 WITH A SCORING SYSTEM PRESCRIBED BY THE COMMISSION. PROVIDED, HOWEVER, 8 THAT A PARTICIPANT MAY TERMINATE THE CONTEST BY SIGNALLING TO THE REFER- 9 EE THAT SUCH PARTICIPANT SUBMITS TO THE OPPONENT. 10 (B) THE COMMISSION MAY BY RULE, REGULATION OR ORDER, REQUIRE THE PRES- 11 ENCE OF ANY MEDICAL EQUIPMENT AND PERSONNEL AT EACH PROFESSIONAL COMBA- 12 TIVE SPORTS MATCH OR EXHIBITION AS IS NECESSARY OR BENEFICIAL FOR THE 13 SAFETY AND PROTECTION OF THE CONTESTANTS; AND MAY ALSO REQUIRE THE PRES- 14 ENCE OF AN AMBULANCE OR OTHER APPARATUS AT THE SITE OF ANY SUCH MATCH OR 15 EXHIBITION OR THE PROMULGATION OF AN EMERGENCY MEDICAL PLAN IN LIEU 16 THEREOF. 17 (C) THE COMMISSION SHALL PRESCRIBE BY RULE OR REGULATION THE RESPONSI- 18 BILITIES OF MANAGERS, TRAINERS AND CHIEF SECONDS PRIOR TO, DURING AND 19 AFTER A COMBATIVE SPORTS MATCH OR EXHIBITION IN ORDER TO PROMOTE THE 20 SAFETY OF THE PARTICIPANTS AT ALL TIMES. 21 (D) THE COMMISSION SHALL REQUIRE BY RULE OR REGULATION THAT ANY 22 PROFESSIONAL COMBATIVE SPORTS PARTICIPANT LICENSED UNDER THIS SECTION 23 PRESENT TO A DESIGNATED COMMISSION OFFICIAL, BEFORE EACH MATCH OR EXHI- 24 BITION IN WHICH HE FIGHTS IN THIS STATE, A LICENSE WHICH SHALL INCLUDE 25 BUT NOT BE LIMITED TO THE FOLLOWING INFORMATION: (1) THE PARTICIPANT'S 26 NAME, PHOTOGRAPH, SOCIAL SECURITY NUMBER, DATE OF BIRTH, AND OTHER IDEN- 27 TIFYING INFORMATION; (2) THE PARTICIPANT'S PRIOR MATCH OR EXHIBITION 28 HISTORY INCLUDING THE DATES, LOCATION, AND DECISION OF SUCH MATCHES OR 29 EXHIBITIONS; AND (3) THE PARTICIPANT'S MEDICAL HISTORY, RELATING TO ANY 30 PHYSICAL CONDITION, MEDICAL TEST OR PROCEDURE WHICH RELATES TO HIS ABIL- 31 ITY TO FIGHT, AND A RECORD OF ALL MEDICAL SUSPENSIONS. 32 20. EXAMINATION BY PHYSICIAN; COST. (A) ALL PARTICIPANTS MUST BE EXAM- 33 INED BY A PHYSICIAN DESIGNATED BY THE COMMISSION BEFORE ENTERING THE 34 RING AND EACH SUCH PHYSICIAN SHALL IMMEDIATELY FILE WITH THE COMMISSION 35 A WRITTEN REPORT OF SUCH EXAMINATION. THE COST OF ANY SUCH EXAMINATION, 36 AS PRESCRIBED BY A SCHEDULE OF FEES ESTABLISHED BY THE COMMISSION, SHALL 37 BE PAID BY THE ENTITY CONDUCTING THE MATCH OR EXHIBITION TO THE COMMIS- 38 SION, WHICH SHALL THEN PAY THE FEE COVERING SUCH COST TO THE EXAMINING 39 PHYSICIAN, IN ACCORDANCE WITH THE RULES OF THE COMMISSION. 40 (B) ANY PROFESSIONAL COMBATIVE SPORTS PARTICIPANT LICENSED OR PERMIT- 41 TED UNDER THIS SECTION RENDERED UNCONSCIOUS OR SUFFERING HEAD TRAUMA AS 42 DETERMINED BY THE ATTENDING PHYSICIAN SHALL BE IMMEDIATELY EXAMINED BY 43 THE ATTENDING COMMISSION PHYSICIAN AND SHALL BE REQUIRED TO UNDERGO 44 NEUROLOGICAL AND NEUROPSYCHOLOGICAL EXAMINATIONS BY A NEUROLOGIST 45 INCLUDING BUT NOT LIMITED TO A COMPUTED TOMOGRAPHY OR MEDICALLY EQUIV- 46 ALENT PROCEDURE. ANY PARTICIPANT SO INJURED SHALL NOT APPEAR IN ANY 47 MATCH OR EXHIBITION UNTIL RESULTS OF SUCH EXAMINATIONS ARE REVIEWED BY 48 THE COMMISSION. THE RESULTS OF ALL SUCH EXAMINATIONS HEREIN REQUIRED 49 SHALL BECOME A PART OF THE PARTICIPANT'S PERMANENT MEDICAL RECORDS AS 50 MAINTAINED BY THE COMMISSION AND SHALL BE USED BY THE COMMISSION TO 51 DETERMINE WHETHER A PARTICIPANT SHALL BE PERMITTED TO APPEAR IN ANY 52 FUTURE PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION. THE COSTS OF 53 ALL SUCH EXAMINATIONS CALLED FOR IN THIS PARAGRAPH SHALL BE ASSUMED BY 54 THE ENTITY OR PROMOTER IF SUCH EXAMINATIONS ARE PERFORMED BY A PHYSICIAN 55 APPROVED BY THE COMMISSION.
S. 2811--B 115 1 (C) THE COMMISSION MAY AT ANY TIME REQUIRE A LICENSED OR PERMITTED 2 PARTICIPANT TO UNDERGO A PHYSICAL EXAMINATION, INCLUDING ANY NEUROLOGI- 3 CAL OR NEUROPSYCHOLOGICAL TEST OR PROCEDURE. THE COST OF SUCH EXAM SHALL 4 BE ASSUMED BY THE STATE. 5 21. PHYSICIAN TO BE IN ATTENDANCE; POWERS OF SUCH PHYSICIAN. (A) IT 6 SHALL BE THE DUTY OF EVERY ENTITY LICENSED TO CONDUCT A COMBATIVE SPORTS 7 MATCH OR EXHIBITION, TO HAVE IN ATTENDANCE AT EVERY MATCH OR EXHIBITION 8 AT LEAST ONE PHYSICIAN DESIGNATED BY THE COMMISSION AS THE RULES SHALL 9 PROVIDE. THE COMMISSION MAY ESTABLISH A SCHEDULE OF FEES TO BE PAID BY 10 THE LICENSEE TO COVER THE COST OF SUCH ATTENDANCE. SUCH FEES SHALL BE 11 PAID TO THE COMMISSION, WHICH SHALL THEN PAY SUCH FEES TO THE PHYSICIANS 12 ENTITLED THERETO, IN ACCORDANCE WITH THE RULES OF THE COMMISSION. 13 (B) THE PHYSICIAN SHALL TERMINATE ANY PROFESSIONAL COMBATIVE SPORTS 14 MATCH OR EXHIBITION IF IN THE OPINION OF SUCH PHYSICIAN ANY PARTICIPANT 15 HAS RECEIVED SEVERE PUNISHMENT OR IS IN DANGER OF SERIOUS PHYSICAL INJU- 16 RY. IN THE EVENT OF ANY SERIOUS PHYSICAL INJURY, SUCH PHYSICIAN SHALL 17 IMMEDIATELY RENDER ANY EMERGENCY TREATMENT NECESSARY, RECOMMEND FURTHER 18 TREATMENT OR HOSPITALIZATION IF REQUIRED, AND FULLY REPORT THE ENTIRE 19 MATTER TO THE COMMISSION WITHIN TWENTY-FOUR HOURS AND IF NECESSARY, 20 SUBSEQUENTLY THEREAFTER. SUCH PHYSICIAN MAY ALSO REQUIRE THAT THE 21 INJURED PARTICIPANT AND HIS MANAGER OR CHIEF SECOND REMAIN IN THE RING 22 OR ON THE PREMISES OR REPORT TO A HOSPITAL AFTER THE CONTEST FOR SUCH 23 PERIOD OF TIME AS SUCH PHYSICIAN DEEMS ADVISABLE. 24 (C) SUCH PHYSICIAN MAY ENTER THE RING AT ANY TIME DURING A PROFES- 25 SIONAL COMBATIVE SPORTS MATCH OR EXHIBITION AND MAY TERMINATE THE MATCH 26 OR EXHIBITION IF IN HIS OPINION THE SAME IS NECESSARY TO PREVENT SEVERE 27 PUNISHMENT OR SERIOUS PHYSICAL INJURY TO A PARTICIPANT. 28 22. BOND. BEFORE A LICENSE SHALL BE GRANTED TO AN ENTITY TO CONDUCT A 29 PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION, THE APPLICANT SHALL 30 EXECUTE AND FILE WITH THE COMPTROLLER A BOND IN AN AMOUNT TO BE DETER- 31 MINED BY THE COMMISSION, TO BE APPROVED AS TO FORM AND SUFFICIENCY OF 32 SURETIES THEREON BY THE COMPTROLLER, CONDITIONED FOR THE FAITHFUL 33 PERFORMANCE BY SUCH ENTITY OF THE PROVISIONS OF THIS SECTION AND THE 34 RULES AND REGULATIONS OF THE COMMISSION, AND UPON THE FILING AND 35 APPROVAL OF SUCH BOND THE COMPTROLLER SHALL ISSUE TO SUCH APPLICANT A 36 CERTIFICATE OF SUCH FILING AND APPROVAL, WHICH SHALL BE BY SUCH APPLI- 37 CANT FILED IN THE OFFICE OF THE COMMISSION WITH ITS APPLICATION FOR 38 LICENSE, AND NO SUCH LICENSE SHALL BE ISSUED UNTIL SUCH CERTIFICATE 39 SHALL BE FILED. IN CASE OF DEFAULT IN SUCH PERFORMANCE, THE COMMISSION 40 MAY IMPOSE UPON THE DELINQUENT A PENALTY IN THE SUM OF NOT MORE THAN ONE 41 THOUSAND DOLLARS FOR EACH OFFENSE, WHICH MAY BE RECOVERED BY THE ATTOR- 42 NEY GENERAL IN THE NAME OF THE PEOPLE OF THE STATE OF NEW YORK IN THE 43 SAME MANNER AS OTHER PENALTIES ARE RECOVERED BY LAW; ANY AMOUNT SO 44 RECOVERED SHALL BE PAID INTO THE TREASURY. 45 23. BOND FOR PURSES, SALARIES AND OTHER EXPENSES. IN ADDITION TO THE 46 BOND REQUIRED BY SUBDIVISION TWENTY-TWO OF THIS SECTION, EACH APPLICANT 47 FOR A LICENSE TO CONDUCT PROFESSIONAL COMBATIVE SPORTS MATCHES OR EXHI- 48 BITIONS SHALL EXECUTE AND FILE WITH THE COMPTROLLER A BOND IN AN AMOUNT 49 TO BE DETERMINED BY THE COMMISSION TO BE APPROVED AS TO FORM AND SUFFI- 50 CIENCY OF SURETIES THEREON BY THE COMPTROLLER, CONDITIONED FOR AND GUAR- 51 ANTEEING THE PAYMENT OF PROFESSIONAL COMBATIVE SPORTS PARTICIPANTS' 52 PURSES, SALARIES OF CLUB EMPLOYEES LICENSED BY THE COMMISSION, AND THE 53 LEGITIMATE EXPENSES OF PRINTING TICKETS AND ALL ADVERTISING MATERIAL. 54 24. DUTY TO PROVIDE INSURANCE FOR LICENSED PROFESSIONAL COMBATIVE 55 SPORTS PARTICIPANTS. (A) ALL ENTITIES HAVING LICENSES AS PROMOTERS 56 SHALL CONTINUOUSLY PROVIDE INSURANCE FOR THE PROTECTION OF LICENSED
S. 2811--B 116 1 PROFESSIONAL COMBATIVE SPORTS PARTICIPANTS, APPEARING IN PROFESSIONAL 2 COMBATIVE SPORTS MATCHES OR EXHIBITIONS. SUCH INSURANCE COVERAGE SHALL 3 PROVIDE FOR REIMBURSEMENT TO THE LICENSED ATHLETE FOR MEDICAL, SURGICAL 4 AND HOSPITAL CARE, WITH A MINIMUM LIMIT OF FIFTY THOUSAND DOLLARS FOR 5 INJURIES SUSTAINED WHILE PARTICIPATING IN ANY PROGRAM OPERATED UNDER THE 6 CONTROL OF SUCH LICENSED PROMOTER AND FOR A PAYMENT OF ONE HUNDRED THOU- 7 SAND DOLLARS TO THE ESTATE OF ANY DECEASED ATHLETE WHERE SUCH DEATH IS 8 OCCASIONED BY INJURIES RECEIVED DURING THE COURSE OF A MATCH OR EXHIBI- 9 TION IN WHICH SUCH LICENSED ATHLETE PARTICIPATED UNDER THE PROMOTION OR 10 CONTROL OF ANY LICENSED PROMOTER. THE COMMISSION MAY FROM TIME TO TIME, 11 IN ITS DISCRETION, INCREASE THE AMOUNT OF SUCH MINIMUM LIMITS. 12 (B) THE FAILURE TO PAY PREMIUMS ON SUCH INSURANCE AS IS REQUIRED BY 13 PARAGRAPH (A) OF THIS SUBDIVISION SHALL BE CAUSE FOR THE SUSPENSION OR 14 THE REVOCATION OF THE LICENSE OF SUCH DEFAULTING PROMOTER. 15 25. NOTICE OF CONTEST; COLLECTION OF TAX. (A) EVERY ENTITY HOLDING ANY 16 PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION FOR WHICH AN ADMISSION 17 FEE IS CHARGED OR RECEIVED, SHALL NOTIFY THE ATHLETIC COMMISSION TEN 18 DAYS IN ADVANCE OF THE HOLDING OF SUCH CONTEST. ALL TICKETS OF ADMISSION 19 TO ANY SUCH MATCH OR EXHIBITION SHALL BE PROCURED FROM A PRINTER DULY 20 AUTHORIZED BY THE STATE ATHLETIC COMMISSION TO PRINT SUCH TICKETS AND 21 SHALL BEAR CLEARLY UPON THE FACE THEREOF THE PURCHASE PRICE AND LOCATION 22 OF SAME. AN ENTITY FAILING TO FULLY COMPLY WITH THIS SECTION SHALL BE 23 SUBJECT TO A PENALTY OF FIVE HUNDRED DOLLARS TO BE COLLECTED BY AND PAID 24 TO THE DEPARTMENT OF STATE. AN ENTITY IS PROHIBITED FROM OPERATING ANY 25 MATCHES OR EXHIBITIONS UNTIL ALL PENALTIES DUE PURSUANT TO THIS SUBDIVI- 26 SION AND TAXES, INTEREST AND PENALTIES DUE PURSUANT TO ARTICLE NINETEEN 27 OF THE TAX LAW HAVE BEEN PAID. 28 (B) PURSUANT TO DIRECTION BY THE COMMISSIONER OF TAXATION AND FINANCE, 29 EMPLOYEES OR OFFICERS OF THE ATHLETIC COMMISSION SHALL ACT AS AGENTS OF 30 THE COMMISSIONER OF TAXATION AND FINANCE TO COLLECT THE TAX IMPOSED BY 31 ARTICLE NINETEEN OF THE TAX LAW. THE ATHLETIC COMMISSION SHALL PROVIDE 32 THE COMMISSIONER OF TAXATION AND FINANCE WITH SUCH INFORMATION AND TECH- 33 NICAL ASSISTANCE AS MAY BE NECESSARY FOR THE PROPER ADMINISTRATION OF 34 SUCH TAX. 35 26. REGULATION OF JUDGES. (A) JUDGES FOR ANY PROFESSIONAL COMBATIVE 36 SPORTS MATCH OR EXHIBITION UNDER THE JURISDICTION OF THE COMMISSION 37 SHALL BE SELECTED BY THE COMMISSION FROM A LIST OF QUALIFIED LICENSED 38 JUDGES MAINTAINED BY THE COMMISSION. 39 (B) ANY PROFESSIONAL COMBATIVE SPORT PARTICIPANT, MANAGER OR CHIEF 40 SECOND MAY PROTEST THE ASSIGNMENT OF A JUDGE TO A PROFESSIONAL COMBATIVE 41 SPORTS MATCH OR EXHIBITION AND THE PROTESTING PROFESSIONAL COMBATIVE 42 SPORTS PARTICIPANT, MANAGER OR CHIEF SECOND MAY BE HEARD BY THE COMMIS- 43 SION OR ITS DESIGNEE IF SUCH PROTEST IS TIMELY. IF THE PROTEST IS 44 UNTIMELY IT SHALL BE SUMMARILY REJECTED. 45 (C) EACH PERSON SEEKING TO BE LICENSED AS A JUDGE BY THE COMMISSION 46 SHALL BE REQUIRED TO SUBMIT TO OR PROVIDE PROOF OF AN EYE EXAMINATION 47 AND ANNUALLY THEREAFTER ON THE ANNIVERSARY OF THE ISSUANCE OF THE 48 LICENSE. EACH PERSON SEEKING TO BE A PROFESSIONAL COMBATIVE SPORTS JUDGE 49 IN THE STATE SHALL BE CERTIFIED AS HAVING COMPLETED A TRAINING PROGRAM 50 AS APPROVED BY THE COMMISSION AND SHALL HAVE PASSED A WRITTEN EXAMINA- 51 TION APPROVED BY THE COMMISSION COVERING ASPECTS OF PROFESSIONAL COMBA- 52 TIVE SPORTS INCLUDING, BUT NOT LIMITED TO, THE RULES OF THE SPORT, THE 53 LAW OF THE STATE RELATING TO THE COMMISSION, AND BASIC FIRST AID. THE 54 COMMISSION SHALL ESTABLISH CONTINUING EDUCATION PROGRAMS TO KEEP LICEN- 55 SEES CURRENT ON AREAS OF REQUIRED KNOWLEDGE.
S. 2811--B 117 1 (D) EACH PERSON SEEKING A LICENSE TO BE A PROFESSIONAL COMBATIVE 2 SPORTS JUDGE IN THIS STATE SHALL BE REQUIRED TO FILL OUT A FINANCIAL 3 QUESTIONNAIRE CERTIFYING UNDER PENALTY OF PERJURY FULL DISCLOSURE OF THE 4 JUDGE'S FINANCIAL SITUATION ON A QUESTIONNAIRE TO BE PROMULGATED BY THE 5 COMMISSION. SUCH QUESTIONNAIRE SHALL BE IN A FORM AND MANNER APPROVED BY 6 THE COMMISSION AND SHALL PROVIDE INFORMATION AS TO AREAS OF ACTUAL OR 7 POTENTIAL CONFLICTS OF INTEREST AS WELL AS APPEARANCES OF SUCH 8 CONFLICTS, INCLUDING FINANCIAL RESPONSIBILITY. WITHIN FORTY-EIGHT HOURS 9 OF ANY PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION, EACH COMBATIVE 10 SPORTS JUDGE SHALL FILE WITH THE COMMISSION A FINANCIAL DISCLOSURE 11 STATEMENT IN SUCH FORM AND MANNER AS SHALL BE ACCEPTABLE TO THE COMMIS- 12 SION. 13 (E) ONLY A PERSON LICENSED BY THE COMMISSION MAY JUDGE A PROFESSIONAL 14 COMBATIVE SPORTS MATCH OR EXHIBITION. 15 27. TRAINING FACILITIES. (A) THE COMMISSION MAY, IN ITS DISCRETION AND 16 IN ACCORDANCE WITH REGULATIONS ADOPTED BY THE COMMISSION TO PROTECT THE 17 HEALTH AND SAFETY OF PROFESSIONAL COMBATIVE SPORT PARTICIPANTS IN TRAIN- 18 ING, ISSUE A LICENSE TO OPERATE A TRAINING FACILITY PROVIDING CONTACT 19 SPARRING MAINTAINED EITHER EXCLUSIVELY OR IN PART FOR THE USE OF PROFES- 20 SIONAL COMBATIVE SPORT PARTICIPANTS. THE REGULATIONS OF THE COMMISSION 21 SHALL INCLUDE, BUT NOT BE LIMITED TO, THE FOLLOWING SUBJECTS TO PROTECT 22 THE HEALTH AND SAFETY OF PROFESSIONAL COMBATIVE SPORT PARTICIPANTS: 23 (1) REQUIREMENTS FOR FIRST AID MATERIALS TO BE STORED IN AN ACCESSIBLE 24 LOCATION ON THE PREMISES AND FOR THE PRESENCE ON THE PREMISES OF A 25 PERSON TRAINED AND CERTIFIED IN THE USE OF SUCH MATERIALS AND PROCEDURES 26 FOR CARDIO-PULMONARY RESUSCITATION AT ALL TIMES DURING WHICH THE FACILI- 27 TY IS OPEN FOR TRAINING PURPOSES; 28 (2) PROMINENT POSTING ADJACENT TO AN ACCESSIBLE TELEPHONE OF THE TELE- 29 PHONE NUMBER FOR EMERGENCY MEDICAL SERVICES AT THE NEAREST HOSPITAL; 30 (3) CLEAN AND SANITARY BATHROOMS, SHOWER ROOMS, LOCKER ROOMS AND FOOD 31 SERVING AND STORAGE AREAS; 32 (4) ADEQUATE VENTILATION AND LIGHTING OF ACCESSIBLE AREAS OF THE 33 TRAINING FACILITY; 34 (5) ESTABLISHMENT OF A POLICY CONCERNING THE RESTRICTION OF SMOKING IN 35 TRAINING AREAS, INCLUDING PROVISIONS FOR ITS ENFORCEMENT BY THE FACILITY 36 OPERATOR; 37 (6) COMPLIANCE WITH STATE AND LOCAL FIRE ORDINANCES; 38 (7) INSPECTION AND APPROVAL OF RINGS AS REQUIRED BY SUBDIVISION THIRTY 39 OF THIS SECTION; AND 40 (8) ESTABLISHMENT OF A POLICY FOR POSTING ALL COMMISSION LICENSE 41 SUSPENSIONS AND LICENSE REVOCATIONS RECEIVED FROM THE COMMISSION INCLUD- 42 ING PROVISIONS FOR ENFORCEMENT OF SUCH SUSPENSIONS AND REVOCATIONS BY 43 THE FACILITY OPERATOR. 44 (B) A PROSPECTIVE LICENSEE SHALL SUBMIT TO THE COMMISSION PROOF THAT 45 IT CAN FURNISH SUITABLE FACILITIES IN WHICH THE TRAINING IS TO BE 46 CONDUCTED, INCLUDING THE MAKING OF SUCH TRAINING FACILITIES AVAILABLE 47 FOR INSPECTION BY THE COMMISSION AT ANY TIME DURING WHICH TRAINING IS IN 48 PROGRESS. 49 28. TEMPORARY TRAINING FACILITIES. ANY TRAINING FACILITY PROVIDING 50 CONTACT SPARRING ESTABLISHED AND MAINTAINED ON A TEMPORARY BASIS FOR THE 51 PURPOSE OF PREPARING A PROFESSIONAL COMBATIVE SPORT PARTICIPANT FOR A 52 SPECIFIC PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION TO BE 53 CONDUCTED, HELD OR GIVEN WITHIN THE STATE OF NEW YORK SHALL BE EXEMPT 54 FROM THIS ACT INSOFAR AS IT CONCERNS THE LICENSING OF SUCH FACILITIES 55 IF, IN THE JUDGMENT OF THE COMMISSION, ESTABLISHMENT AND MAINTENANCE OF 56 SUCH FACILITY WILL BE CONSISTENT WITH THE PURPOSES AND PROVISIONS OF
S. 2811--B 118 1 THIS CHAPTER, THE BEST INTERESTS OF PROFESSIONAL COMBATIVE SPORTS GENER- 2 ALLY, AND THE PUBLIC INTEREST, CONVENIENCE OR NECESSITY. 3 29. WEIGHTS; CLASSES AND RULES. THE WEIGHTS AND CLASSES OF COMBATIVE 4 SPORT PARTICIPANTS AND THE RULES AND REGULATIONS OF PROFESSIONAL COMBA- 5 TIVE SPORTS SHALL BE PRESCRIBED BY THE COMMISSION. 6 30. RINGS OR FIGHTING AREAS. NO PROFESSIONAL COMBATIVE SPORTS MATCH 7 OR EXHIBITION OR TRAINING ACTIVITY SHALL BE PERMITTED IN ANY RING OR 8 FIGHTING AREA UNLESS SUCH RING OR FIGHTING AREA HAS BEEN INSPECTED AND 9 APPROVED BY THE COMMISSION. THE COMMISSION SHALL PRESCRIBE STANDARD 10 ACCEPTABLE SIZE AND QUALITY REQUIREMENTS FOR RINGS OR FIGHTING AREAS AND 11 APPURTENANCES THERETO. 12 31. MISDEMEANOR. ANY ENTITY WHO INTENTIONALLY, DIRECTLY OR INDIRECTLY 13 CONDUCTS, HOLDS OR GIVES A PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHI- 14 BITION OR PARTICIPATES EITHER DIRECTLY OR INDIRECTLY IN ANY SUCH MATCH 15 OR EXHIBITION AS A REFEREE, JUDGE, CORPORATION TREASURER, PROFESSIONAL 16 COMBATIVE SPORTS PARTICIPANT, MANAGER, PROMOTER, TRAINER OR CHIEF 17 SECOND, WITHOUT FIRST HAVING PROCURED AN APPROPRIATE LICENSE OR PERMIT 18 AS PRESCRIBED IN THIS SECTION SHALL BE GUILTY OF A MISDEMEANOR. 19 S 3. Section 6 of chapter 912 of the laws of 1920 relating to the 20 regulation of boxing, sparring and wrestling, as amended by chapter 437 21 of the laws of 2002 and subdivision 1 as designated and subdivision 2 as 22 added by chapter 673 of the laws of 2003, is amended to read as follows: 23 S 6. Jurisdiction of commission. 1. The commission shall have and 24 hereby is vested with the sole direction, management, control and juris- 25 diction over all such boxing and sparring matches or exhibitions OR 26 PROFESSIONAL COMBATIVE SPORTS MATCHES OR EXHIBITIONS to be conducted, 27 held or given within the state of New York and over all licenses to any 28 and all persons who participate in such boxing or sparring matches or 29 exhibitions OR PROFESSIONAL COMBATIVE SPORTS MATCHES OR EXHIBITIONS and 30 over any and all gyms, clubs, training camps and other organizations 31 that maintain training facilities providing contact sparring for persons 32 who prepare for participation in such boxing or sparring matches or 33 exhibitions OR PROFESSIONAL COMBATIVE SPORTS MATCHES OR EXHIBITIONS, and 34 over the promotion of professional wrestling exhibitions OR PROFESSIONAL 35 COMBATIVE SPORTS MATCHES OR EXHIBITIONS to the extent provided for in 36 sections 5, 9, 19, 20, 28-a, 28-b and 33 of this act, except as other- 37 wise provided in this act. 38 2. The commission is authorized and directed to require that all sites 39 wherein boxing, sparring and wrestling matches and exhibitions OR 40 PROFESSIONAL COMBATIVE SPORTS MATCHES OR EXHIBITIONS are conducted shall 41 comply with state and applicable local sanitary codes appropriate to 42 school athletic facilities. 43 S 4. Subdivision 1 of section 451 of the tax law, as amended by 44 section 1 of part F of chapter 407 of the laws of 1999, is amended to 45 read as follows: 46 1. "Gross receipts from ticket sales" shall mean the total gross 47 receipts of every person from the sale of tickets to any professional or 48 amateur boxing, sparring or wrestling match or exhibition OR ANY PROFES- 49 SIONAL COMBATIVE SPORTS MATCH OR EXHIBITION held in this state, and 50 without any deduction whatsoever for commissions, brokerage, distrib- 51 ution fees, advertising or any other expenses, charges and recoupments 52 in respect thereto. 53 S 5. Section 452 of the tax law, as amended by section 2 of part F of 54 chapter 407 of the laws of 1999, is amended to read as follows: 55 S 452. Imposition of tax. 1. On and after October first, nineteen 56 hundred ninety-nine, a tax is hereby imposed and shall be paid upon the
S. 2811--B 119 1 gross receipts of every person holding any professional or amateur 2 boxing, sparring or wrestling match or exhibition in this state. Such 3 tax shall be imposed on such gross receipts, exclusive of any federal 4 taxes, as follows: 5 (a) three percent of gross receipts from ticket sales, except that in 6 no event shall the tax imposed by this [subdivision] PARAGRAPH exceed 7 fifty thousand dollars for any match or exhibition; 8 (b) three percent of gross receipts from broadcasting rights, except 9 that in no event shall the tax imposed by this [subdivision] PARAGRAPH 10 exceed fifty thousand dollars for any match or exhibition. 11 2. ON AND AFTER THE EFFECTIVE DATE OF THIS SUBDIVISION, A TAX IS HERE- 12 BY IMPOSED AND SHALL BE PAID UPON THE GROSS RECEIPTS OF EVERY PERSON 13 HOLDING ANY PROFESSIONAL COMBATIVE SPORTS MATCH OR EXHIBITION IN THIS 14 STATE. SUCH TAX SHALL BE IMPOSED ON SUCH GROSS RECEIPTS, EXCLUSIVE OF 15 ANY FEDERAL TAXES, AS FOLLOWS: 16 (A) EIGHT AND ONE-HALF PERCENT OF GROSS RECEIPTS FROM TICKET SALES; 17 AND 18 (B) THREE PERCENT OF GROSS RECEIPTS FROM BROADCASTING RIGHTS, EXCEPT 19 THAT IN NO EVENT SHALL THE TAX IMPOSED BY THIS PARAGRAPH EXCEED FIFTY 20 THOUSAND DOLLARS FOR ANY MATCH OR EXHIBITION. 21 S 6. This act shall take effect on the ninetieth day after it shall 22 have become a law, and shall expire and be deemed repealed 3 years after 23 it shall take effect; provided, however, that effective immediately, the 24 addition, amendment and/or repeal of any rule or regulation necessary 25 for the implementation of this act on its effective date is authorized 26 and directed to be made and completed on or before such effective date. 27 PART EE 28 Section 1. Legislative findings. The legislature finds, with regard to 29 non-admitted insurance policies with risk exposures located in multiple 30 states, the 111th United States Congress has stipulated in title V, 31 subtitle B, the Non-Admitted and Reinsurance Reform Act of 2010 of the 32 Dodd-Frank Wall Street Reform and Consumer Protection Act (hereinafter 33 the NRRA) that: 34 1. The placement of non-admitted insurance shall be subject to the 35 statutory and regulatory requirements solely of the insured's home 36 state, and 37 2. Any law, regulation, provision or action of any state that applies 38 or purports to apply to non-admitted insurance sold to, solicited by or 39 negotiated with an insured whose home state is another state shall be 40 preempted with respect to such application; except that any state law, 41 rule or regulation that restricts the placement of workers' compensation 42 insurance or excess insurance for self-funded workers' compensation 43 plans with a non-admitted insurer shall not be preempted. 44 The legislature finds further that in compliance with NRRA, no state 45 other than the home state of an insured may require any premium tax 46 payment for non-admitted insurance; and no state other than an insured's 47 home state may require a surplus lines broker to be licensed in order to 48 sell, solicit or negotiate non-admitted insurance with respect to such 49 insured. 50 The legislature finds further that the NRRA intends that the states 51 may enter into a compact or otherwise establish procedures to allocate 52 among the states the premium taxes paid to an insured's home state; and 53 that each state adopt nationwide uniform requirements, form, and proce- 54 dures, such as an interstate compact, that provide for the reporting,
S. 2811--B 120 1 payment, collection and allocation of premium taxes for non-admitted 2 insurance. 3 The legislature finds further that after the expiration of the two- 4 year period beginning on the effective date of the NRRA, a state may not 5 collect any fees relating to licensing of an individual or entity as a 6 surplus lines licensee in the state unless the state has in effect at 7 such time laws or regulations that provide for participation by the 8 state in the national insurance producer database of the National Asso- 9 ciation of Insurance Commissioners (hereinafter the NAIC) or any other 10 equivalent uniform national database for the licensure of surplus lines 11 licensees and the renewal of such licenses. 12 The legislature recognizes that a need exists for a system of regu- 13 lation that will provide for surplus lines insurance to be placed with 14 reputable and financially sound non-admitted insurers and that will 15 permit orderly access to surplus lines insurance in this state and 16 encourage insurers to make new and innovative types of insurance avail- 17 able to consumers in this state. 18 The legislature finds that protecting the revenue of this state and 19 other compacting states may be accomplished by facilitating the payment 20 and collection of premium tax on non-admitted insurance and providing 21 for allocation of premium tax for non-admitted insurance of multi-state 22 risks among the states in accordance with uniform allocation formulas. 23 The legislature finds that the efficiency of the surplus lines market 24 may be improved by eliminating duplicative and inconsistent tax and 25 regulatory requirements among the states and by promoting and protecting 26 the interests of surplus lines licensees who assist such insureds and 27 non-admitted insurers, thereby ensuring the continued availability of 28 non-admitted insurance to consumers. 29 Regulatory compliance with respect to non-admitted insurance place- 30 ments may be streamlined by providing for exclusive single-state regula- 31 tory compliance for non-admitted insurance of multi-state risks, thereby 32 providing certainty regarding such compliance to all persons who have an 33 interest in such transactions, including but not limited to insureds, 34 regulators, surplus lines licensees, other insurance producers and 35 surplus lines insurers. 36 The legislature finds that coordination of regulatory resources and 37 expertise between state insurance departments and other state agencies, 38 as well as state surplus lines stamping offices, with respect to non-ad- 39 mitted insurance will be improved. 40 S 2. The insurance law is amended by adding a new article 29 to read 41 as follows: 42 ARTICLE 29 43 SURPLUS LINES INSURANCE MULTI-STATE COMPLIANCE COMPACT 44 SECTION 2901. SHORT TITLE. 45 2902. PURPOSES. 46 2903. DEFINITIONS. 47 2904. ESTABLISHMENT OF THE COMMISSION AND VENUE. 48 2905. AUTHORITY TO ESTABLISH MANDATORY RULES. 49 2906. POWERS OF THE COMMISSION. 50 2907. ORGANIZATION OF THE COMMISSION. 51 2908. MEETINGS AND ACTS OF THE COMMISSION. 52 2909. RULEMAKING FUNCTIONS OF THE COMMISSION. 53 2910. COMMISSION RECORDS AND ENFORCEMENT. 54 2911. DISPUTE RESOLUTION. 55 2912. REVIEW OF COMMISSION DECISIONS. 56 2913. FINANCE.
S. 2811--B 121 1 2914. COMPACTING STATES, EFFECTIVE DATE AND AMENDMENT. 2 2915. WITHDRAWAL, DEFAULT AND TERMINATION. 3 2916. SEVERABILITY AND CONSTRUCTION. 4 2917. BINDING EFFECT OF COMPACT AND OTHER LAWS. 5 S 2901. SHORT TITLE. THIS ARTICLE SHALL BE KNOWN AND MAY BE CITED AS 6 THE "SURPLUS LINES INSURANCE MULTI-STATE COMPLIANCE COMPACT". 7 S 2902. PURPOSES. THE PURPOSES OF THIS COMPACT ARE: 8 (A) TO IMPLEMENT THE EXPRESS PROVISIONS OF THE NON-ADMITTED AND REIN- 9 SURANCE REFORM ACT OF 2010 (HEREINAFTER THE NRRA). 10 (B) TO PROTECT THE PREMIUM TAX REVENUES OF THE COMPACTING STATES 11 THROUGH FACILITATING THE PAYMENT AND COLLECTION OF PREMIUM TAX ON 12 NON-ADMITTED INSURANCE; AND TO PROTECT THE INTERESTS OF THE COMPACTING 13 STATES BY SUPPORTING THE CONTINUED AVAILABILITY OF SUCH INSURANCE TO 14 CONSUMERS; AND TO PROVIDE FOR ALLOCATION OF PREMIUM TAX FOR NON-ADMITTED 15 INSURANCE OF MULTI-STATE RISKS AMONG THE STATES IN ACCORDANCE WITH 16 UNIFORM ALLOCATION FORMULAS TO BE DEVELOPED, ADOPTED, AND IMPLEMENTED BY 17 THE COMMISSION. 18 (C) TO STREAMLINE AND IMPROVE THE EFFICIENCY OF THE SURPLUS LINES 19 MARKET BY ELIMINATING DUPLICATIVE AND INCONSISTENT TAX AND REGULATORY 20 REQUIREMENTS AMONG THE STATES; AND PROMOTE AND PROTECT THE INTEREST OF 21 SURPLUS LINES LICENSEES WHO ASSIST SUCH INSUREDS AND SURPLUS LINES 22 INSURERS, THEREBY ENSURING THE CONTINUED AVAILABILITY OF SURPLUS LINES 23 INSURANCE TO CONSUMERS. 24 (D) TO STREAMLINE REGULATORY COMPLIANCE WITH RESPECT TO NON-ADMITTED 25 INSURANCE PLACEMENTS BY PROVIDING FOR EXCLUSIVE SINGLE-STATE REGULATORY 26 COMPLIANCE FOR NON-ADMITTED INSURANCE OF MULTI-STATE RISKS, IN ACCORD- 27 ANCE WITH RULES TO BE ADOPTED BY THE COMMISSION, THEREBY PROVIDING 28 CERTAINTY REGARDING SUCH COMPLIANCE TO ALL PERSONS WHO HAVE AN INTEREST 29 IN SUCH TRANSACTIONS, INCLUDING BUT NOT LIMITED TO INSUREDS, REGULATORS, 30 SURPLUS LINES LICENSEES, OTHER INSURANCE PRODUCERS AND SURPLUS LINES 31 INSURERS. 32 (E) TO ESTABLISH A CLEARINGHOUSE FOR RECEIPT AND DISSEMINATION OF 33 PREMIUM TAX AND CLEARINGHOUSE TRANSACTION DATA RELATED TO NON-ADMITTED 34 INSURANCE OF MULTI-STATE RISKS, IN ACCORDANCE WITH RULES TO BE ADOPTED 35 BY THE COMMISSION. 36 (F) TO IMPROVE COORDINATION OF REGULATORY RESOURCES AND EXPERTISE 37 BETWEEN STATE INSURANCE DEPARTMENTS AND OTHER STATE AGENCIES, AS WELL AS 38 STATE SURPLUS LINES STAMPING OFFICES, WITH RESPECT TO NON-ADMITTED 39 INSURANCE. 40 (G) TO ADOPT UNIFORM RULES TO PROVIDE FOR PREMIUM TAX PAYMENT, REPORT- 41 ING, ALLOCATION, DATA COLLECTION AND DISSEMINATION FOR NON-ADMITTED 42 INSURANCE OF MULTI-STATE RISKS AND SINGLE-STATE RISKS, IN ACCORDANCE 43 WITH RULES TO BE ADOPTED BY THE COMMISSION, THEREBY PROMOTING THE OVER- 44 ALL EFFICIENCY OF THE NON-ADMITTED INSURANCE MARKET. 45 (H) TO ADOPT UNIFORM MANDATORY RULES WITH RESPECT TO REGULATORY 46 COMPLIANCE REQUIREMENTS FOR: 47 (1) FOREIGN INSURER ELIGIBILITY REQUIREMENTS; AND 48 (2) SURPLUS LINES POLICYHOLDER NOTICES. 49 (I) TO ESTABLISH THE SURPLUS LINES INSURANCE MULTI-STATE COMPLIANCE 50 COMPACT COMMISSION. 51 (J) TO COORDINATE REPORTING OF CLEARINGHOUSE TRANSACTION DATA ON NON- 52 ADMITTED INSURANCE OF MULTI-STATE RISKS AMONG COMPACTING STATES AND 53 CONTRACTING STATES. 54 (K) TO PERFORM THESE AND SUCH OTHER RELATED FUNCTIONS AS MAY BE 55 CONSISTENT WITH THE PURPOSES OF THE SURPLUS LINES INSURANCE MULTI-STATE 56 COMPLIANCE COMPACT.
S. 2811--B 122 1 S 2903. DEFINITIONS. FOR THE PURPOSES OF THIS COMPACT THE FOLLOWING 2 DEFINITIONS SHALL APPLY: 3 (A) "ADMITTED INSURER" MEANS AN INSURER THAT IS LICENSED OR AUTHORIZED 4 TO TRANSACT THE BUSINESS OF INSURANCE UNDER THE LAW OF THE HOME STATE; 5 FOR PURPOSES OF THIS COMPACT "ADMITTED INSURER" SHALL NOT INCLUDE A 6 DOMESTIC SURPLUS LINES INSURER AS MAY BE DEFINED BY APPLICABLE STATE 7 LAW. 8 (B) "AFFILIATE" MEANS, WITH RESPECT TO AN INSURED, ANY ENTITY THAT 9 CONTROLS, IS CONTROLLED BY OR IS UNDER COMMON CONTROL WITH THE INSURED. 10 (C) "ALLOCATION FORMULA" MEANS THE UNIFORM METHODS PROMULGATED BY THE 11 COMMISSION BY WHICH INSURED RISK EXPOSURES WILL BE APPORTIONED TO EACH 12 STATE FOR THE PURPOSE OF CALCULATING PREMIUM TAXES DUE. 13 (D) "BYLAWS" MEANS THOSE BYLAWS ESTABLISHED BY THE COMMISSION FOR ITS 14 GOVERNANCE OR FOR DIRECTING OR CONTROLLING THE COMMISSION'S ACTIONS OR 15 CONDUCT. 16 (E) "CLEARINGHOUSE" MEANS THE COMMISSION'S OPERATIONS INVOLVING THE 17 ACCEPTANCE, PROCESSING AND DISSEMINATION AMONG THE COMPACTING STATES, 18 CONTRACTING STATES, SURPLUS LINES LICENSEES, INSUREDS AND OTHER PERSONS 19 OF PREMIUM TAX AND CLEARINGHOUSE TRANSACTION DATA FOR NON-ADMITTED 20 INSURANCE OF MULTI-STATE RISKS IN ACCORDANCE WITH THIS COMPACT AND RULES 21 TO BE ADOPTED BY THE COMMISSION. 22 (F) "CLEARINGHOUSE TRANSACTION DATA" MEANS THE INFORMATION REGARDING 23 NON-ADMITTED INSURANCE OF MULTI-STATE RISKS REQUIRED TO BE REPORTED, 24 ACCEPTED, COLLECTED, PROCESSED AND DISSEMINATED BY SURPLUS LINES LICEN- 25 SEES FOR SURPLUS LINES INSURANCE AND INSUREDS FOR INDEPENDENTLY PROCURED 26 INSURANCE UNDER THIS COMPACT AND RULES TO BE ADOPTED BY THE COMMISSION. 27 CLEARINGHOUSE TRANSACTION DATA INCLUDES INFORMATION RELATED TO 28 SINGLE-STATE RISKS IF A STATE ELECTS TO HAVE THE CLEARINGHOUSE COLLECT 29 TAXES ON SINGLE-STATE RISKS FOR SUCH STATE. 30 (G) "COMPACTING STATE" MEANS ANY STATE WHICH HAS ENACTED THIS COMPACT 31 LEGISLATION AND WHICH HAS NOT WITHDRAWN PURSUANT TO SUBSECTION (A) OF 32 SECTION TWENTY-NINE HUNDRED FIFTEEN OF THIS ARTICLE OR BEEN TERMINATED 33 PURSUANT TO SUBSECTION (B) OF SECTION TWENTY-NINE HUNDRED FIFTEEN OF 34 THIS ARTICLE. 35 (H) "COMMISSION" MEANS THE SURPLUS LINES INSURANCE MULTI-STATE COMPLI- 36 ANCE COMPACT COMMISSION ESTABLISHED BY THIS COMPACT. 37 (I) "COMMISSIONER" MEANS THE CHIEF INSURANCE REGULATORY OFFICIAL OF A 38 STATE INCLUDING, BUT NOT LIMITED TO, COMMISSIONER, SUPERINTENDENT, 39 DIRECTOR OR ADMINISTRATOR OR THEIR DESIGNEES. 40 (J) "CONTRACTING STATE" MEANS ANY STATE WHICH HAS NOT ENACTED THIS 41 COMPACT LEGISLATION BUT HAS ENTERED INTO A WRITTEN CONTRACT WITH THE 42 COMMISSION TO UTILIZE THE SERVICES OF AND FULLY PARTICIPATE IN THE 43 CLEARINGHOUSE. 44 (K) "CONTROL" MEANS ONE ENTITY HAS POWER OVER ANOTHER. FOR THE 45 PURPOSES OF THIS ARTICLE, AN ENTITY HAS CONTROL OVER ANOTHER ENTITY IF: 46 (1) THE ENTITY DIRECTLY OR INDIRECTLY OR ACTING THROUGH ONE OR MORE 47 OTHER PERSONS OWN, CONTROLS OR HAS THE POWER TO VOTE TWENTY-FIVE PERCENT 48 OR MORE OF ANY CLASS OF VOTING SECURITIES OF THE OTHER ENTITY; OR 49 (2) SUCH ENTITY CONTROLS IN ANY MANNER THE ELECTION OF A MAJORITY OF 50 THE DIRECTORS OR TRUSTEES OF THE OTHER ENTITY. 51 (L) "HOME STATE" SHALL HAVE TWO MEANINGS DEPENDING ON CONTEXT: 52 (1) EXCEPT AS PROVIDED IN PARAGRAPH TWO OF THIS SUBSECTION, THE TERM 53 "HOME STATE" MEANS, WITH RESPECT TO AN INSURED: 54 (A) THE STATE IN WHICH AN INSURED MAINTAINS ITS PRINCIPAL PLACE OF 55 BUSINESS OR, IN THE CASE OF AN INDIVIDUAL, THE INDIVIDUAL'S PRINCIPAL 56 RESIDENCE; OR
S. 2811--B 123 1 (B) IF ONE HUNDRED PERCENT OF THE INSURED RISK IS LOCATED OUT OF THE 2 STATE REFERRED TO IN SUBPARAGRAPH (A) OF THIS PARAGRAPH, THE STATE TO 3 WHICH THE GREATEST PERCENTAGE OF THE INSURED'S TAXABLE PREMIUM FOR THAT 4 INSURANCE CONTRACT IS ALLOCATED. 5 (2) IF MORE THAN ONE INSURED FROM AN AFFILIATED GROUP ARE NAMED 6 INSUREDS ON A SINGLE NON-ADMITTED INSURANCE CONTRACT, THE TERM "HOME 7 STATE" MEANS THE HOME STATE, AS DETERMINED PURSUANT TO PARAGRAPH ONE OF 8 THIS SUBSECTION, OF THE MEMBER OF THE AFFILIATED GROUP THAT HAS THE 9 LARGEST PERCENTAGE OF PREMIUM ATTRIBUTED TO IT UNDER SUCH INSURANCE 10 CONTRACT. 11 (M) "INDEPENDENTLY PROCURED INSURANCE" MEANS INSURANCE PROCURED BY AN 12 INSURED DIRECTLY FROM A SURPLUS LINES INSURER OR OTHER NON-ADMITTED 13 INSURER AS PERMITTED BY THE LAWS OF THE HOME STATE. 14 (N) "INSURER ELIGIBILITY REQUIREMENTS" MEANS THE CRITERIA, FORMS AND 15 PROCEDURES ESTABLISHED TO QUALIFY AS A SURPLUS LINES INSURER UNDER THE 16 LAW OF THE HOME STATE PROVIDED THAT SUCH CRITERIA, FORMS AND PROCEDURES 17 ARE CONSISTENT WITH THE EXPRESS PROVISIONS OF THE NRRA ON AND AFTER JULY 18 TWENTY-FIRST, TWO THOUSAND ELEVEN. 19 (O) "MEMBER" MEANS THE PERSON OR PERSONS CHOSEN BY A COMPACTING STATE 20 AS ITS REPRESENTATIVE OR REPRESENTATIVES TO THE COMMISSION PROVIDED THAT 21 EACH COMPACTING STATE SHALL BE LIMITED TO ONE VOTE. 22 (P) "MULTI-STATE RISK" MEANS A RISK WITH INSURED EXPOSURES IN MORE 23 THAN ONE STATE. 24 (Q) "NON-COMPACTING STATE" MEANS ANY STATE WHICH HAS NOT ADOPTED THIS 25 COMPACT. 26 (R) "NON-ADMITTED INSURANCE" MEANS SURPLUS LINES INSURANCE AND INDE- 27 PENDENTLY PROCURED INSURANCE. 28 (S) "NON-ADMITTED INSURER" MEANS AN INSURER THAT IS NOT AUTHORIZED OR 29 ADMITTED TO TRANSACT THE BUSINESS OF INSURANCE UNDER THE LAW OF THE HOME 30 STATE. 31 (T) "NRRA" MEANS THE NON-ADMITTED AND REINSURANCE REFORM ACT OF 2010, 32 FOUND IN TITLE V, SUBTITLE B OF THE FEDERAL DODD-FRANK WALL STREET 33 REFORM AND CONSUMER PROTECTION ACT. 34 (U) "POLICYHOLDER NOTICE" MEANS THE DISCLOSURE NOTICE OR STAMP THAT IS 35 REQUIRED TO BE FURNISHED TO THE APPLICANT OR POLICYHOLDER IN CONNECTION 36 WITH A SURPLUS LINES INSURANCE PLACEMENT. 37 (V) "PREMIUM TAX" MEANS WITH RESPECT TO NON-ADMITTED INSURANCE, ANY 38 TAX, FEE, ASSESSMENT OR OTHER CHARGE IMPOSED BY A GOVERNMENT ENTITY 39 DIRECTLY OR INDIRECTLY BASED ON ANY PAYMENT MADE AS CONSIDERATION FOR 40 SUCH INSURANCE, INCLUDING PREMIUM DEPOSITS, ASSESSMENTS, REGISTRATION 41 FEES AND ANY OTHER COMPENSATION GIVEN IN CONSIDERATION FOR A CONTRACT OF 42 INSURANCE. 43 (W) "PRINCIPAL PLACE OF BUSINESS" MEANS WITH RESPECT TO DETERMINING 44 THE HOME STATE OF THE INSURED, THE STATE WHERE THE INSURED MAINTAINS ITS 45 HEADQUARTERS AND WHERE THE INSURED'S HIGH-LEVEL OFFICERS DIRECT, CONTROL 46 AND COORDINATE THE BUSINESS ACTIVITIES OF THE INSURED. 47 (X) "PURCHASING GROUP" MEANS ANY GROUP FORMED PURSUANT TO THE LIABIL- 48 ITY RISK RETENTION ACT WHICH HAS AS ONE OF ITS PURPOSES THE PURCHASE OF 49 LIABILITY INSURANCE ON A GROUP BASIS, PURCHASES SUCH INSURANCE ONLY FOR 50 ITS GROUP MEMBERS AND ONLY TO COVER THEIR SIMILAR OR RELATED LIABILITY 51 EXPOSURE AND IS COMPOSED OF MEMBERS WHOSE BUSINESSES OR ACTIVITIES ARE 52 SIMILAR OR RELATED WITH RESPECT TO THE LIABILITY TO WHICH MEMBERS ARE 53 EXPOSED BY VIRTUE OF ANY RELATED, SIMILAR OR COMMON BUSINESS, TRADE, 54 PRODUCT, SERVICES, PREMISES OR OPERATIONS AND IS DOMICILED IN ANY STATE. 55 (Y) "RULE" MEANS A STATEMENT OF GENERAL OR PARTICULAR APPLICABILITY 56 AND FUTURE EFFECT PROMULGATED BY THE COMMISSION DESIGNED TO IMPLEMENT,
S. 2811--B 124 1 INTERPRET OR PRESCRIBE LAW OR POLICY OR DESCRIBING THE ORGANIZATION, 2 PROCEDURE OR PRACTICE REQUIREMENTS OF THE COMMISSION WHICH SHALL HAVE 3 THE FORCE AND EFFECT OF LAW IN THE COMPACTING STATES. 4 (Z) "SINGLE-STATE RISK" MEANS A RISK WITH INSURED EXPOSURES IN ONLY 5 ONE STATE. 6 (AA) "STATE" MEANS ANY STATE, DISTRICT OR TERRITORY OF THE UNITED 7 STATES OF AMERICA. 8 (BB) "STATE TRANSACTION DOCUMENTATION" MEANS THE INFORMATION REQUIRED 9 UNDER THE LAWS OF THE HOME STATE TO BE FILED BY SURPLUS LINES LICENSEES 10 IN ORDER TO REPORT SURPLUS LINES INSURANCE AND VERIFY COMPLIANCE WITH 11 SURPLUS LINES LAWS AND BY INSUREDS IN ORDER TO REPORT INDEPENDENTLY 12 PROCURED INSURANCE. 13 (CC) "SURPLUS LINES INSURANCE" MEANS INSURANCE PROCURED BY A SURPLUS 14 LINES LICENSEE FROM A SURPLUS LINES INSURER OR OTHER NON-ADMITTED INSUR- 15 ER AS PERMITTED UNDER THE LAW OF THE HOME STATE. FOR THE PURPOSES OF 16 THIS COMPACT "SURPLUS LINES INSURANCE" SHALL ALSO MEAN EXCESS LINE 17 INSURANCE AS THAT TERM IS USED PURSUANT TO SECTION TWO THOUSAND ONE 18 HUNDRED FIVE OF THIS CHAPTER. 19 (DD) "SURPLUS LINES INSURER" MEANS A NON-ADMITTED INSURER ELIGIBLE 20 UNDER THE LAW OF THE HOME STATE TO ACCEPT BUSINESS FROM A SURPLUS LINES 21 LICENSEE. FOR THE PURPOSES OF THIS COMPACT "SURPLUS LINES INSURER" 22 SHALL ALSO MEAN AN INSURER WHICH IS PERMITTED TO WRITE SURPLUS LINES 23 INSURANCE UNDER THE LAWS OF THE STATE WHERE SUCH INSURER IS DOMICILED. 24 (EE) "SURPLUS LINES LICENSEE" MEANS AN INDIVIDUAL, FIRM OR CORPORATION 25 LICENSED UNDER THE LAW OF THE HOME STATE TO PLACE SURPLUS LINES INSUR- 26 ANCE. 27 S 2904. ESTABLISHMENT OF THE COMMISSION AND VENUE. (A) THE COMPACTING 28 STATES HEREBY CREATE AND ESTABLISH A JOINT PUBLIC AGENCY KNOWN AS THE 29 "SURPLUS LINES INSURANCE MULTI-STATE COMPLIANCE COMPACT COMMISSION." 30 (B) PURSUANT TO SECTION TWO THOUSAND NINE HUNDRED FIVE OF THIS ARTI- 31 CLE, THE COMMISSION WILL HAVE THE POWER TO ADOPT MANDATORY RULES WHICH 32 ESTABLISH EXCLUSIVE HOME STATE AUTHORITY REGARDING NON-ADMITTED INSUR- 33 ANCE OF MULTI-STATE RISKS, ALLOCATION FORMULAS, CLEARINGHOUSE TRANS- 34 ACTION DATA, A CLEARINGHOUSE FOR RECEIPT AND DISTRIBUTION OF ALLOCATED 35 PREMIUM TAX AND CLEARINGHOUSE TRANSACTION DATA AND UNIFORM RULEMAKING 36 PROCEDURES AND RULES FOR THE PURPOSE OF FINANCING, ADMINISTERING, OPER- 37 ATING AND ENFORCING COMPLIANCE WITH THE PROVISIONS OF THIS COMPACT, ITS 38 BYLAWS AND RULES. 39 (C) PURSUANT TO SECTION TWO THOUSAND NINE HUNDRED FIVE OF THIS ARTI- 40 CLE, THE COMMISSION WILL HAVE THE POWER TO ADOPT MANDATORY RULES ESTAB- 41 LISHING FOREIGN INSURER ELIGIBILITY REQUIREMENTS AND A CONCISE AND 42 OBJECTIVE POLICYHOLDER NOTICE REGARDING THE NATURE OF A SURPLUS LINES 43 PLACEMENT. 44 (D) THE COMMISSION IS A BODY CORPORATE AND POLITIC AND AN INSTRUMEN- 45 TALITY OF THE COMPACTING STATES. 46 (E) THE COMMISSION IS SOLELY RESPONSIBLE FOR ITS LIABILITIES, EXCEPT 47 AS OTHERWISE SPECIFICALLY PROVIDED IN THIS COMPACT. 48 (F) VENUE IS PROPER AND JUDICIAL PROCEEDINGS BY OR AGAINST THE COMMIS- 49 SION SHALL BE BROUGHT SOLELY AND EXCLUSIVELY IN A COURT OF COMPETENT 50 JURISDICTION WHERE THE PRINCIPAL OFFICE OF THE COMMISSION IS LOCATED. 51 THE COMMISSION MAY WAIVE VENUE AND JURISDICTIONAL DEFENSES TO THE EXTENT 52 IT ADOPTS OR CONSENTS TO PARTICIPATE IN ALTERNATIVE DISPUTE RESOLUTION 53 PROCEEDINGS. 54 S 2905. AUTHORITY TO ESTABLISH MANDATORY RULES. THE COMMISSION SHALL 55 ADOPT MANDATORY RULES WHICH ESTABLISH:
S. 2811--B 125 1 (A) ALLOCATION FORMULAS FOR EACH TYPE OF NON-ADMITTED INSURANCE COVER- 2 AGE, WHICH ALLOCATION FORMULAS MUST BE USED BY EACH COMPACTING STATE AND 3 CONTRACTING STATE IN ACQUIRING PREMIUM TAX AND CLEARINGHOUSE TRANSACTION 4 DATA FROM SURPLUS LINES LICENSEES AND INSUREDS FOR REPORTING TO THE 5 CLEARINGHOUSE CREATED BY THE COMPACT COMMISSION. SUCH ALLOCATION FORMU- 6 LAS WILL BE ESTABLISHED WITH INPUT FROM SURPLUS LINES LICENSEES AND BE 7 BASED UPON READILY AVAILABLE DATA WITH SIMPLICITY AND UNIFORMITY FOR THE 8 SURPLUS LINES LICENSEE AS A MATERIAL CONSIDERATION. 9 (B) UNIFORM CLEARINGHOUSE TRANSACTION DATA REPORTING REQUIREMENTS FOR 10 ALL INFORMATION REPORTED TO THE CLEARINGHOUSE. 11 (C) METHODS BY WHICH COMPACTING STATES AND CONTRACTING STATES REQUIRE 12 SURPLUS LINES LICENSEES AND INSUREDS TO PAY PREMIUM TAX AND TO REPORT 13 CLEARINGHOUSE TRANSACTION DATA TO THE CLEARINGHOUSE, INCLUDING BUT NOT 14 LIMITED TO PROCESSING CLEARINGHOUSE TRANSACTION DATA THROUGH STATE 15 STAMPING AND SERVICE OFFICES, STATE INSURANCE DEPARTMENTS, OR OTHER 16 STATE-DESIGNATED AGENCIES OR ENTITIES. 17 (D) THAT NON-ADMITTED INSURANCE OF MULTI-STATE RISKS SHALL BE SUBJECT 18 TO ALL OF THE REGULATORY COMPLIANCE REQUIREMENTS OF THE HOME STATE 19 EXCLUSIVELY. HOME STATE REGULATORY COMPLIANCE REQUIREMENTS APPLICABLE TO 20 SURPLUS LINES INSURANCE SHALL INCLUDE, BUT NOT BE LIMITED TO: 21 (1) PERSONS REQUIRED TO BE LICENSED TO SELL, SOLICIT OR NEGOTIATE 22 SURPLUS LINES INSURANCE; 23 (2) INSURER ELIGIBILITY REQUIREMENTS OR OTHER APPROVED NON-ADMITTED 24 INSURER REQUIREMENTS; 25 (3) DILIGENT SEARCH; AND 26 (4) STATE TRANSACTION DOCUMENTATION AND CLEARINGHOUSE TRANSACTION DATA 27 REGARDING THE PAYMENT OF PREMIUM TAX AS SET FORTH IN THIS COMPACT AND 28 RULES TO BE ADOPTED BY THE COMMISSION. HOME STATE REGULATORY COMPLIANCE 29 REQUIREMENTS APPLICABLE TO INDEPENDENTLY PROCURED INSURANCE PLACEMENTS 30 SHALL INCLUDE, BUT NOT BE LIMITED TO, PROVIDING STATE TRANSACTION 31 DOCUMENTATION AND CLEARINGHOUSE TRANSACTION DATA REGARDING THE PAYMENT 32 OF PREMIUM TAX AS SET FORTH IN THIS COMPACT AND RULES TO BE ADOPTED BY 33 THE COMMISSION. 34 (E) THAT EACH COMPACTING STATE AND CONTRACTING STATE MAY CHARGE ITS 35 OWN RATE OF TAXATION ON THE PREMIUM ALLOCATED TO SUCH STATE BASED ON THE 36 APPLICABLE ALLOCATION FORMULA PROVIDED THAT THE STATE ESTABLISHES ONE 37 SINGLE RATE OF TAXATION APPLICABLE TO ALL NON-ADMITTED INSURANCE TRANS- 38 ACTIONS AND NO OTHER TAX, FEE ASSESSMENT OR OTHER CHARGE BY ANY GOVERN- 39 MENTAL OR QUASI-GOVERNMENTAL AGENCY BE PERMITTED. NOTWITHSTANDING THE 40 FOREGOING, STAMPING OFFICE FEES MAY BE CHARGED AS A SEPARATE, ADDITIONAL 41 COST UNLESS SUCH FEES ARE INCORPORATED INTO A STATE'S SINGLE RATE OF 42 TAXATION. 43 (F) THAT ANY CHANGE IN THE RATE OF TAXATION BY ANY COMPACTING STATE OR 44 CONTRACTING STATE BE RESTRICTED TO CHANGES MADE PROSPECTIVELY ON NOT 45 LESS THAN NINETY DAYS ADVANCE NOTICE TO THE COMPACT COMMISSION. 46 (G) THAT EACH COMPACTING STATE AND CONTRACTING STATE SHALL REQUIRE 47 PREMIUM TAX PAYMENTS EITHER ANNUALLY, SEMI-ANNUALLY OR QUARTERLY UTILIZ- 48 ING ONE OR MORE OF THE FOLLOWING DATES ONLY: MARCH FIRST, JUNE FIRST, 49 SEPTEMBER FIRST AND DECEMBER FIRST. 50 (H) THAT EACH COMPACTING STATE AND CONTRACTING STATE PROHIBIT ANY 51 OTHER STATE AGENCY OR POLITICAL SUBDIVISION FROM REQUIRING SURPLUS LINES 52 LICENSEES TO PROVIDE CLEARINGHOUSE TRANSACTION DATA AND STATE TRANS- 53 ACTION DOCUMENTATION OTHER THAN TO THE INSURANCE DEPARTMENT OR TAX OFFI- 54 CIALS OF THE HOME STATE OR ONE SINGLE DESIGNATED AGENT THEREOF. 55 (I) THE OBLIGATION OF THE HOME STATE BY ITSELF, THROUGH A DESIGNATED 56 AGENT, SURPLUS LINES STAMPING OR SERVICE OFFICE, TO COLLECT CLEARING-
S. 2811--B 126 1 HOUSE TRANSACTION DATA FROM SURPLUS LINES LICENSEES AND FROM INSUREDS 2 FOR INDEPENDENTLY PROCURED INSURANCE, WHERE APPLICABLE, FOR REPORTING TO 3 THE CLEARINGHOUSE. 4 (J) A METHOD FOR THE CLEARINGHOUSE TO PERIODICALLY REPORT TO COMPACT- 5 ING STATES, CONTRACTING STATES, SURPLUS LINES LICENSEES AND INSUREDS WHO 6 INDEPENDENTLY PROCURE INSURANCE ALL PREMIUM TAXES OWED TO EACH OF THE 7 COMPACTING STATES AND CONTRACTING STATES, THE DATES UPON WHICH PAYMENT 8 OF SUCH PREMIUM TAXES ARE DUE AND A METHOD TO PAY THEM THROUGH THE 9 CLEARINGHOUSE. 10 (K) THAT EACH SURPLUS LINES LICENSEE IS REQUIRED TO BE LICENSED ONLY 11 IN THE HOME STATE OF EACH INSURED FOR WHOM SURPLUS LINES INSURANCE HAS 12 BEEN PROCURED. 13 (L) THAT A POLICY CONSIDERED TO BE SURPLUS LINES INSURANCE IN THE 14 INSURED'S HOME STATE SHALL BE CONSIDERED SURPLUS LINES INSURANCE IN ALL 15 COMPACTING STATES AND CONTRACTING STATES AND TAXED AS A SURPLUS LINES 16 TRANSACTION IN ALL STATES TO WHICH A PORTION OF THE RISK IS ALLOCATED. 17 EACH COMPACTING STATE AND CONTRACTING STATE SHALL REQUIRE EACH SURPLUS 18 LINES LICENSEE TO PAY TO EVERY OTHER COMPACTING STATE AND CONTRACTING 19 STATE PREMIUM TAXES ON EACH MULTI-STATE RISK THROUGH THE CLEARINGHOUSE 20 AT SUCH TAX RATE CHARGED ON SURPLUS LINES TRANSACTIONS IN SUCH OTHER 21 COMPACTING STATES AND CONTRACTING STATES ON THE PORTION OF THE RISK IN 22 EACH SUCH COMPACTING STATE AND CONTRACTING STATE AS DETERMINED BY THE 23 APPLICABLE UNIFORM ALLOCATION FORMULA ADOPTED BY THE COMMISSION. A POLI- 24 CY CONSIDERED TO BE INDEPENDENTLY PROCURED INSURANCE IN THE INSURED'S 25 HOME STATE SHALL BE CONSIDERED INDEPENDENTLY PROCURED INSURANCE IN ALL 26 COMPACTING STATES AND CONTRACTING STATES. EACH COMPACTING STATE AND 27 CONTRACTING STATE SHALL REQUIRE THE INSURED TO PAY EVERY OTHER COMPACT- 28 ING STATE AND CONTRACTING STATE THE INDEPENDENTLY PROCURED INSURANCE 29 PREMIUM TAX ON EACH MULTI-STATE RISK THROUGH THE CLEARINGHOUSE PURSUANT 30 TO THE UNIFORM ALLOCATION FORMULA ADOPTED BY THE COMMISSION. 31 (M) UNIFORM FOREIGN INSURER ELIGIBILITY REQUIREMENTS AS AUTHORIZED BY 32 THE NRRA. 33 (N) A UNIFORM POLICYHOLDER NOTICE. 34 (O) UNIFORM TREATMENT OF PURCHASING GROUP SURPLUS LINES INSURANCE 35 PLACEMENTS. 36 S 2906. POWERS OF THE COMMISSION. THE COMMISSION SHALL HAVE THE 37 FOLLOWING POWERS: 38 (A) TO PROMULGATE RULES AND OPERATING PROCEDURES, PURSUANT TO SECTION 39 TWO THOUSAND NINE HUNDRED NINE OF THIS ARTICLE, WHICH SHALL HAVE THE 40 FORCE AND EFFECT OF LAW AND SHALL BE BINDING IN THE COMPACTING STATES TO 41 THE EXTENT AND IN THE MANNER PROVIDED IN THIS ARTICLE; 42 (B) TO BRING AND PROSECUTE LEGAL PROCEEDINGS OR ACTIONS IN THE NAME OF 43 THE COMMISSION, PROVIDED THAT THE STANDING OF ANY STATE INSURANCE 44 DEPARTMENT TO SUE OR BE SUED UNDER APPLICABLE LAW SHALL NOT BE AFFECTED; 45 (C) TO ISSUE SUBPOENAS REQUIRING THE ATTENDANCE AND TESTIMONY OF 46 WITNESSES AND THE PRODUCTION OF EVIDENCE, PROVIDED HOWEVER, THE COMMIS- 47 SION IS NOT EMPOWERED TO DEMAND OR SUBPOENA RECORDS OR DATA FROM NON-AD- 48 MITTED INSURERS; 49 (D) TO ESTABLISH AND MAINTAIN OFFICES, INCLUDING THE CREATION OF A 50 CLEARINGHOUSE FOR THE RECEIPT OF PREMIUM TAX AND CLEARINGHOUSE TRANS- 51 ACTION DATA REGARDING NON-ADMITTED INSURANCE OF MULTI-STATE RISKS, 52 SINGLE-STATE RISKS FOR STATES WHICH ELECT TO REQUIRE SURPLUS LINES 53 LICENSEES TO PAY PREMIUM TAX ON SINGLE-STATE RISKS THROUGH THE CLEARING- 54 HOUSE AND TAX REPORTING FORMS; 55 (E) TO PURCHASE AND MAINTAIN INSURANCE AND BONDS;
S. 2811--B 127 1 (F) TO BORROW, ACCEPT OR CONTRACT FOR SERVICES OF PERSONNEL, INCLUD- 2 ING, BUT NOT LIMITED TO, EMPLOYEES OF A COMPACTING STATE OR STAMPING 3 OFFICE, PURSUANT TO AN OPEN, TRANSPARENT, OBJECTIVE COMPETITIVE PROCESS 4 AND PROCEDURE ADOPTED BY THE COMMISSION; 5 (G) TO HIRE EMPLOYEES, PROFESSIONALS OR SPECIALISTS AND ELECT OR 6 APPOINT OFFICERS AND TO FIX THEIR COMPENSATION, DEFINE THEIR DUTIES AND 7 GIVE THEM APPROPRIATE AUTHORITY TO CARRY OUT THE PURPOSES OF THE COMPACT 8 AND DETERMINE THEIR QUALIFICATIONS, PURSUANT TO AN OPEN, TRANSPARENT, 9 OBJECTIVE COMPETITIVE PROCESS AND PROCEDURE ADOPTED BY THE COMMISSION; 10 AND TO ESTABLISH THE COMMISSION'S PERSONNEL POLICIES AND PROGRAMS RELAT- 11 ING TO CONFLICTS OF INTEREST, RATES OF COMPENSATION AND QUALIFICATIONS 12 OF PERSONNEL AND OTHER RELATED PERSONNEL MATTERS; 13 (H) TO ACCEPT ANY AND ALL APPROPRIATE DONATIONS AND GRANTS OF MONEY, 14 EQUIPMENT, SUPPLIES, MATERIALS AND SERVICES AND TO RECEIVE, UTILIZE AND 15 DISPOSE OF THE SAME; PROVIDED THAT AT ALL TIMES THE COMMISSION SHALL 16 AVOID ANY APPEARANCE OF IMPROPRIETY AND/OR CONFLICT OF INTEREST; 17 (I) TO LEASE, PURCHASE, ACCEPT APPROPRIATE GIFTS OR DONATIONS OF, OR 18 OTHERWISE TO OWN, HOLD, IMPROVE OR USE ANY PROPERTY, REAL, PERSONAL OR 19 MIXED; PROVIDED THAT AT ALL TIMES THE COMMISSION SHALL AVOID ANY APPEAR- 20 ANCE OF IMPROPRIETY AND/OR CONFLICT OF INTEREST; 21 (J) TO SELL, CONVEY, MORTGAGE, PLEDGE, LEASE, EXCHANGE, ABANDON OR 22 OTHERWISE DISPOSE OF ANY PROPERTY, REAL, PERSONAL OR MIXED; 23 (K) TO PROVIDE FOR TAX AUDIT RULES AND PROCEDURES FOR THE COMPACTING 24 STATES WITH RESPECT TO THE ALLOCATION OF PREMIUM TAXES, INCLUDING: 25 (1) MINIMUM AUDIT STANDARDS, INCLUDING SAMPLING METHODS; 26 (2) REVIEW OF INTERNAL CONTROLS; 27 (3) COOPERATION AND SHARING OF AUDIT RESPONSIBILITIES BETWEEN COMPACT- 28 ING STATES; 29 (4) HANDLING OF REFUNDS OR CREDITS DUE TO OVERPAYMENTS OR IMPROPER 30 ALLOCATION OF PREMIUM TAXES; 31 (5) TAXPAYER RECORDS TO BE REVIEWED INCLUDING A MINIMUM RETENTION 32 PERIOD; AND 33 (6) AUTHORITY OF COMPACTING STATES TO REVIEW, CHALLENGE OR RE-AUDIT 34 TAXPAYER RECORDS. 35 (L) TO ENFORCE COMPLIANCE BY COMPACTING STATES AND CONTRACTING STATES 36 WITH RULES AND BYLAWS PURSUANT TO THE AUTHORITY SET FORTH IN SECTION TWO 37 THOUSAND NINE HUNDRED SEVENTEEN OF THIS ARTICLE; 38 (M) TO PROVIDE FOR DISPUTE RESOLUTION AMONG COMPACTING STATES AND 39 CONTRACTING STATES; 40 (N) TO ADVISE COMPACTING STATES AND CONTRACTING STATES ON TAX-RELATED 41 ISSUES RELATING TO INSURERS, INSUREDS, SURPLUS LINES LICENSEES, AGENTS 42 OR BROKERS DOMICILED OR DOING BUSINESS IN NON-COMPACTING STATES, 43 CONSISTENT WITH THE PURPOSES OF THIS COMPACT; 44 (O) TO MAKE AVAILABLE ADVICE AND TRAINING TO THOSE PERSONNEL IN STATE 45 STAMPING OFFICES, STATE INSURANCE DEPARTMENTS OR OTHER STATE DEPARTMENTS 46 FOR RECORD KEEPING, TAX COMPLIANCE AND TAX ALLOCATIONS; AND TO BE A 47 RESOURCE FOR STATE INSURANCE DEPARTMENTS AND OTHER STATE DEPARTMENTS; 48 (P) TO ESTABLISH A BUDGET AND MAKE EXPENDITURES; 49 (Q) TO BORROW MONEY; 50 (R) TO APPOINT AND OVERSEE COMMITTEES, INCLUDING ADVISORY COMMITTEES 51 COMPRISED OF MEMBERS, STATE INSURANCE REGULATORS, STATE LEGISLATORS OR 52 THEIR REPRESENTATIVES, INSURANCE INDUSTRY AND CONSUMER REPRESENTATIVES 53 AND SUCH OTHER INTERESTED PERSONS AS MAY BE DESIGNATED IN THIS COMPACT 54 AND THE BYLAWS; 55 (S) TO ESTABLISH AN EXECUTIVE COMMITTEE OF NOT LESS THAN SEVEN NOR 56 MORE THAN FIFTEEN REPRESENTATIVES, WHICH SHALL INCLUDE OFFICERS ELECTED
S. 2811--B 128 1 BY THE COMMISSION AND SUCH OTHER REPRESENTATIVES AS PROVIDED FOR HEREIN 2 AND DETERMINED BY THE BYLAWS. REPRESENTATIVES OF THE EXECUTIVE COMMIT- 3 TEE SHALL SERVE A ONE YEAR TERM. REPRESENTATIVES OF THE EXECUTIVE 4 COMMITTEE SHALL BE ENTITLED TO ONE VOTE EACH. THE EXECUTIVE COMMITTEE 5 SHALL HAVE THE POWER TO ACT ON BEHALF OF THE COMMISSION, WITH THE EXCEP- 6 TION OF RULEMAKING, DURING PERIODS WHEN THE COMMISSION IS NOT IN 7 SESSION. THE EXECUTIVE COMMITTEE SHALL OVERSEE THE DAY TO DAY ACTIVITIES 8 OF THE ADMINISTRATION OF THE COMPACT, INCLUDING THE ACTIVITIES OF THE 9 OPERATIONS COMMITTEE CREATED UNDER THIS ARTICLE AND COMPLIANCE AND 10 ENFORCEMENT OF THE PROVISIONS OF THE COMPACT, ITS BYLAWS AND RULES AND 11 SUCH OTHER DUTIES AS PROVIDED HEREIN AND AS DEEMED NECESSARY; 12 (T) TO ESTABLISH AN OPERATIONS COMMITTEE OF NOT LESS THAN SEVEN AND 13 NOT MORE THAN FIFTEEN REPRESENTATIVES TO PROVIDE ANALYSIS, ADVICE, 14 DETERMINATIONS AND RECOMMENDATIONS REGARDING TECHNOLOGY, SOFTWARE AND 15 SYSTEMS INTEGRATION TO BE ACQUIRED BY THE COMMISSION AND TO PROVIDE 16 ANALYSIS, ADVICE, DETERMINATIONS AND RECOMMENDATIONS REGARDING THE 17 ESTABLISHMENT OF MANDATORY RULES TO BE ADOPTED BY THE COMMISSION; 18 (U) TO ENTER INTO CONTRACTS WITH CONTRACTING STATES SO THAT CONTRACT- 19 ING STATES CAN UTILIZE THE SERVICES OF AND FULLY PARTICIPATE IN THE 20 CLEARINGHOUSE SUBJECT TO THE TERMS AND CONDITIONS SET FORTH IN SUCH 21 CONTRACTS; 22 (V) TO ADOPT AND USE A CORPORATE SEAL; AND 23 (W) TO PERFORM SUCH OTHER FUNCTIONS AS MAY BE NECESSARY OR APPROPRIATE 24 TO ACHIEVE THE PURPOSES OF THIS COMPACT CONSISTENT WITH THE STATE REGU- 25 LATION OF THE BUSINESS OF INSURANCE. 26 S 2907. ORGANIZATION OF THE COMMISSION. (A) (1) EACH COMPACTING STATE 27 SHALL HAVE AND BE LIMITED TO ONE MEMBER. EACH STATE SHALL DETERMINE THE 28 QUALIFICATIONS AND THE METHOD BY WHICH IT SELECTS A MEMBER AND SET FORTH 29 THE SELECTION PROCESS IN THE ENABLING PROVISION OF THE LEGISLATION WHICH 30 ENACTS THIS COMPACT. IN THE ABSENCE OF SUCH A PROVISION THE MEMBER SHALL 31 BE APPOINTED BY THE GOVERNOR OF SUCH COMPACTING STATE. ANY MEMBER MAY BE 32 REMOVED OR SUSPENDED FROM OFFICE AS PROVIDED BY THE LAW OF THE STATE 33 FROM WHICH HE OR SHE SHALL BE APPOINTED. ANY VACANCY OCCURRING IN THE 34 COMMISSION SHALL BE FILLED IN ACCORDANCE WITH THE LAWS OF THE COMPACTING 35 STATE WHEREIN THE VACANCY EXISTS. 36 (2) EACH MEMBER SHALL BE ENTITLED TO ONE VOTE AND SHALL OTHERWISE HAVE 37 AN OPPORTUNITY TO PARTICIPATE IN THE GOVERNANCE OF THE COMMISSION IN 38 ACCORDANCE WITH THE BYLAWS. 39 (3) THE COMMISSION SHALL, BY A MAJORITY VOTE OF THE MEMBERS, PRESCRIBE 40 BYLAWS TO GOVERN ITS CONDUCT AS MAY BE NECESSARY OR APPROPRIATE TO CARRY 41 OUT THE PURPOSES AND EXERCISE THE POWERS OF THE COMPACT INCLUDING, BUT 42 NOT LIMITED TO: 43 (A) ESTABLISHING THE FISCAL YEAR OF THE COMMISSION; 44 (B) PROVIDING REASONABLE PROCEDURES FOR HOLDING MEETINGS OF THE 45 COMMISSION, THE EXECUTIVE COMMITTEE, AND THE OPERATIONS COMMITTEE; 46 (C) PROVIDING REASONABLE STANDARDS AND PROCEDURES: 47 (I) FOR THE ESTABLISHMENT AND MEETINGS OF COMMITTEES, AND 48 (II) GOVERNING ANY GENERAL OR SPECIFIC DELEGATION OF ANY AUTHORITY OR 49 FUNCTION OF THE COMMISSION; 50 (D) PROVIDING REASONABLE PROCEDURES FOR CALLING AND CONDUCTING MEET- 51 INGS OF THE COMMISSION THAT CONSIST OF A MAJORITY OF COMMISSION MEMBERS, 52 ENSURING REASONABLE ADVANCE NOTICE OF EACH SUCH MEETING AND PROVIDING 53 FOR THE RIGHT OF CITIZENS TO ATTEND EACH SUCH MEETING WITH ENUMERATED 54 EXCEPTIONS DESIGNED TO PROTECT THE PUBLIC'S INTEREST, THE PRIVACY OF 55 INDIVIDUALS AND INSURERS' AND SURPLUS LINES LICENSEES' PROPRIETARY 56 INFORMATION, INCLUDING TRADE SECRETS. THE COMMISSION MAY MEET IN CAMERA
S. 2811--B 129 1 ONLY AFTER A MAJORITY OF THE ENTIRE MEMBERSHIP VOTES TO CLOSE A MEETING 2 IN TOTO OR IN PART. AS SOON AS PRACTICABLE, THE COMMISSION MUST MAKE 3 PUBLIC: 4 (I) A COPY OF THE VOTE TO CLOSE THE MEETING REVEALING THE VOTE OF EACH 5 MEMBER WITH NO PROXY VOTES ALLOWED, AND 6 (II) VOTES TAKEN DURING SUCH MEETING; 7 (E) ESTABLISHING THE TITLES, DUTIES AND AUTHORITY AND REASONABLE 8 PROCEDURES FOR THE ELECTION OF THE OFFICERS OF THE COMMISSION; 9 (F) PROVIDING REASONABLE STANDARDS AND PROCEDURES FOR THE ESTABLISH- 10 MENT OF THE PERSONNEL POLICIES AND PROGRAMS OF THE COMMISSION. NOTWITH- 11 STANDING ANY CIVIL SERVICE OR OTHER SIMILAR LAWS OF ANY COMPACTING 12 STATE, THE BYLAWS SHALL EXCLUSIVELY GOVERN THE PERSONNEL POLICIES AND 13 PROGRAMS OF THE COMMISSION; 14 (G) PROMULGATING A CODE OF ETHICS TO ADDRESS PERMISSIBLE AND PROHIBIT- 15 ED ACTIVITIES OF COMMISSION MEMBERS AND EMPLOYEES; AND 16 (H) PROVIDING A MECHANISM FOR WINDING UP THE OPERATIONS OF THE COMMIS- 17 SION AND THE EQUITABLE DISPOSITION OF ANY EXCESS FUNDS THAT MAY EXIST 18 AFTER THE TERMINATION OF THE COMPACT AFTER THE PAYMENT AND/OR RESERVING 19 OF ALL OF ITS DEBTS AND OBLIGATIONS; 20 (4) THE COMMISSION SHALL PUBLISH ITS BYLAWS IN A CONVENIENT FORM AND 21 FILE A COPY THEREOF AND A COPY OF ANY AMENDMENT THERETO WITH THE APPRO- 22 PRIATE AGENCY OR OFFICER IN EACH OF THE COMPACTING STATES. 23 (B) (1) AN EXECUTIVE COMMITTEE OF THE COMMISSION ("EXECUTIVE COMMIT- 24 TEE") SHALL BE ESTABLISHED. ALL ACTIONS OF THE EXECUTIVE COMMITTEE, 25 INCLUDING COMPLIANCE AND ENFORCEMENT ARE SUBJECT TO THE REVIEW AND 26 RATIFICATION OF THE COMMISSION AS PROVIDED IN THE BYLAWS. THE EXECUTIVE 27 COMMITTEE SHALL HAVE NO MORE THAN FIFTEEN REPRESENTATIVES OR ONE FOR 28 EACH STATE IF THERE ARE LESS THAN FIFTEEN COMPACTING STATES, WHO SHALL 29 SERVE FOR A TERM AND BE ESTABLISHED IN ACCORDANCE WITH THE BYLAWS. 30 (2) THE EXECUTIVE COMMITTEE SHALL HAVE SUCH AUTHORITY AND DUTIES AS 31 MAY BE SET FORTH IN THE BYLAWS, INCLUDING BUT NOT LIMITED TO: 32 (A) MANAGING THE AFFAIRS OF THE COMMISSION IN A MANNER CONSISTENT WITH 33 THE BYLAWS AND PURPOSES OF THE COMMISSION; 34 (B) ESTABLISHING AND OVERSEEING AN ORGANIZATIONAL STRUCTURE WITHIN AND 35 APPROPRIATE PROCEDURES FOR THE COMMISSION TO PROVIDE FOR THE CREATION OF 36 RULES AND OPERATING PROCEDURES; 37 (C) OVERSEEING THE OFFICES OF THE COMMISSION; AND 38 (D) PLANNING, IMPLEMENTING AND COORDINATING COMMUNICATIONS AND ACTIV- 39 ITIES WITH OTHER STATE, FEDERAL AND LOCAL GOVERNMENT ORGANIZATIONS IN 40 ORDER TO ADVANCE THE GOALS OF THE COMMISSION. 41 (3) THE COMMISSION SHALL ANNUALLY ELECT OFFICERS FROM THE EXECUTIVE 42 COMMITTEE, WITH EACH HAVING SUCH AUTHORITY AND DUTIES AS MAY BE SPECI- 43 FIED IN THE BYLAWS. 44 (4) THE EXECUTIVE COMMITTEE MAY, SUBJECT TO THE APPROVAL OF THE 45 COMMISSION, APPOINT OR RETAIN AN EXECUTIVE DIRECTOR FOR SUCH PERIOD, 46 UPON SUCH TERMS AND CONDITIONS AND FOR SUCH COMPENSATION AS THE COMMIS- 47 SION MAY DEEM APPROPRIATE. THE EXECUTIVE DIRECTOR SHALL SERVE AS SECRE- 48 TARY TO THE COMMISSION BUT SHALL NOT BE A MEMBER OF THE COMMISSION. THE 49 EXECUTIVE DIRECTOR SHALL HIRE AND SUPERVISE SUCH OTHER PERSONS AS MAY BE 50 AUTHORIZED BY THE COMMISSION. 51 (C) (1) AN OPERATIONS COMMITTEE SHALL BE ESTABLISHED. ALL ACTIONS OF 52 THE OPERATIONS COMMITTEE ARE SUBJECT TO THE REVIEW AND OVERSIGHT OF THE 53 COMMISSION AND THE EXECUTIVE COMMITTEE AND MUST BE APPROVED BY THE 54 COMMISSION. THE EXECUTIVE COMMITTEE WILL ACCEPT THE DETERMINATIONS AND 55 RECOMMENDATIONS OF THE OPERATIONS COMMITTEE UNLESS GOOD CAUSE IS SHOWN 56 WHY SUCH DETERMINATIONS AND RECOMMENDATIONS SHOULD NOT BE APPROVED. ANY
S. 2811--B 130 1 DISPUTES AS TO WHETHER GOOD CAUSE EXISTS TO REJECT ANY DETERMINATION OR 2 RECOMMENDATION OF THE OPERATIONS COMMITTEE SHALL BE RESOLVED BY THE 3 MAJORITY VOTE OF THE COMMISSION. THE OPERATIONS COMMITTEE SHALL HAVE NO 4 MORE THAN FIFTEEN REPRESENTATIVES OR ONE FOR EACH STATE IF THERE ARE 5 LESS THAN FIFTEEN COMPACTING STATES, WHO SHALL SERVE FOR A TERM AND 6 SHALL BE ESTABLISHED AS SET FORTH IN THE BYLAWS. THE OPERATIONS COMMIT- 7 TEE SHALL HAVE RESPONSIBILITY FOR: 8 (A) EVALUATING TECHNOLOGY REQUIREMENTS FOR THE CLEARINGHOUSE, ASSESS- 9 ING EXISTING SYSTEMS USED BY STATE REGULATORY AGENCIES AND STATE STAMP- 10 ING OFFICES TO MAXIMIZE THE EFFICIENCY AND SUCCESSFUL INTEGRATION OF THE 11 CLEARINGHOUSE TECHNOLOGY SYSTEMS WITH STATE AND STATE STAMPING OFFICE 12 TECHNOLOGY PLATFORMS AND TO MINIMIZE COSTS TO THE STATES, STATE STAMPING 13 OFFICES AND THE CLEARINGHOUSE; 14 (B) MAKING RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE BASED ON ITS 15 ANALYSIS AND DETERMINATION OF THE CLEARINGHOUSE TECHNOLOGY REQUIREMENTS 16 AND COMPATIBILITY WITH EXISTING STATE AND STATE STAMPING OFFICE SYSTEMS; 17 (C) EVALUATING THE MOST SUITABLE PROPOSALS FOR ADOPTION AS MANDATORY 18 RULES, ASSESSING SUCH PROPOSALS FOR EASE OF INTEGRATION BY STATES AND 19 LIKELIHOOD OF SUCCESSFUL IMPLEMENTATION AND TO REPORT TO THE EXECUTIVE 20 COMMITTEE ITS DETERMINATIONS AND RECOMMENDATIONS; AND 21 (D) SUCH OTHER DUTIES AND RESPONSIBILITIES AS ARE DELEGATED TO IT BY 22 THE BYLAWS, THE EXECUTIVE COMMITTEE OR THE COMMISSION. 23 (2) ALL REPRESENTATIVES OF THE OPERATIONS COMMITTEE SHALL BE INDIVID- 24 UALS WHO HAVE EXTENSIVE EXPERIENCE AND/OR EMPLOYMENT IN THE SURPLUS 25 LINES INSURANCE BUSINESS, INCLUDING, BUT NOT LIMITED TO, EXECUTIVES AND 26 ATTORNEYS EMPLOYED BY SURPLUS LINES INSURERS, SURPLUS LINES LICENSEES, 27 LAW FIRMS, STATE INSURANCE DEPARTMENTS AND/OR STATE STAMPING OFFICES. 28 OPERATIONS COMMITTEE REPRESENTATIVES FROM COMPACTING STATES WHICH 29 UTILIZE THE SERVICES OF A STATE STAMPING OFFICE MUST APPOINT THE CHIEF 30 OPERATING OFFICER OR A SENIOR MANAGER OF THE STATE STAMPING OFFICE TO 31 THE OPERATIONS COMMITTEE. 32 (D) (1) A LEGISLATIVE COMMITTEE COMPRISED OF STATE LEGISLATORS OR 33 THEIR DESIGNEES SHALL BE ESTABLISHED TO MONITOR THE OPERATIONS OF AND 34 MAKE RECOMMENDATIONS TO THE COMMISSION, INCLUDING THE EXECUTIVE COMMIT- 35 TEE; PROVIDED THAT THE MANNER OF SELECTION AND TERM OF ANY LEGISLATIVE 36 COMMITTEE MEMBER SHALL BE AS SET FORTH IN THE BYLAWS. PRIOR TO THE 37 ADOPTION BY THE COMMISSION OF ANY UNIFORM STANDARD, REVISION TO THE 38 BYLAWS, ANNUAL BUDGET OR OTHER SIGNIFICANT MATTER AS MAY BE PROVIDED IN 39 THE BYLAWS, THE EXECUTIVE COMMITTEE SHALL CONSULT WITH AND REPORT TO THE 40 LEGISLATIVE COMMITTEE. 41 (2) THE COMMISSION MAY ESTABLISH ADDITIONAL ADVISORY COMMITTEES AS ITS 42 BYLAWS MAY PROVIDE FOR THE CARRYING OUT OF ITS FUNCTIONS. 43 (E) THE COMMISSION SHALL MAINTAIN ITS CORPORATE BOOKS AND RECORDS IN 44 ACCORDANCE WITH THE BYLAWS. 45 (F) (1) THE MEMBERS, OFFICERS, EXECUTIVE DIRECTOR, EMPLOYEES AND 46 REPRESENTATIVES OF THE COMMISSION, THE EXECUTIVE COMMITTEE AND ANY OTHER 47 COMMITTEE OF THE COMMISSION SHALL BE IMMUNE FROM SUIT AND LIABILITY, 48 EITHER PERSONALLY OR IN THEIR OFFICIAL CAPACITY, FOR ANY CLAIM FOR 49 DAMAGE TO OR LOSS OF PROPERTY OR PERSONAL INJURY OR OTHER CIVIL LIABIL- 50 ITY CAUSED BY OR ARISING OUT OF ANY ACTUAL OR ALLEGED ACT, ERROR OR 51 OMISSION THAT OCCURRED, OR THAT THE PERSON AGAINST WHOM THE CLAIM IS 52 MADE HAD A REASONABLE BASIS FOR BELIEVING OCCURRED, WITHIN THE SCOPE OF 53 COMMISSION EMPLOYMENT, DUTIES OR RESPONSIBILITIES; PROVIDED THAT NOTHING 54 IN THIS PARAGRAPH SHALL BE CONSTRUED TO PROTECT ANY SUCH PERSON FROM 55 SUIT AND/OR LIABILITY FOR ANY DAMAGE, LOSS, INJURY OR LIABILITY CAUSED 56 BY THE INTENTIONAL OR WILLFUL OR WANTON MISCONDUCT OF THAT PERSON.
S. 2811--B 131 1 (2) THE COMMISSION SHALL DEFEND ANY MEMBER, OFFICER, EXECUTIVE DIREC- 2 TOR, EMPLOYEE OR REPRESENTATIVE OF THE COMMISSION, THE EXECUTIVE COMMIT- 3 TEE OR ANY OTHER COMMITTEE OF THE COMMISSION IN ANY CIVIL ACTION SEEKING 4 TO IMPOSE LIABILITY ARISING OUT OF ANY ACTUAL OR ALLEGED ACT, ERROR OR 5 OMISSION THAT OCCURRED WITHIN THE SCOPE OF COMMISSION EMPLOYMENT, DUTIES 6 OR RESPONSIBILITIES OR THAT THE PERSON AGAINST WHOM THE CLAIM IS MADE 7 HAD A REASONABLE BASIS FOR BELIEVING OCCURRED WITHIN THE SCOPE OF 8 COMMISSION EMPLOYMENT, DUTIES OR RESPONSIBILITIES; PROVIDED THAT NOTHING 9 HEREIN SHALL BE CONSTRUED TO PROHIBIT THAT PERSON FROM RETAINING HIS OR 10 HER OWN COUNSEL; AND PROVIDED FURTHER, THAT THE ACTUAL OR ALLEGED ACT, 11 ERROR OR OMISSION DID NOT RESULT FROM THAT PERSON'S INTENTIONAL OR WILL- 12 FUL OR WANTON MISCONDUCT. 13 (3) THE COMMISSION SHALL INDEMNIFY AND HOLD HARMLESS ANY MEMBER, OFFI- 14 CER, EXECUTIVE DIRECTOR, EMPLOYEE OR REPRESENTATIVE OF THE COMMISSION, 15 EXECUTIVE COMMITTEE OR ANY OTHER COMMITTEE OF THE COMMISSION FOR THE 16 AMOUNT OF ANY SETTLEMENT OR JUDGMENT OBTAINED AGAINST THAT PERSON ARIS- 17 ING OUT OF ANY ACTUAL OR ALLEGED ACT, ERROR OR OMISSION THAT OCCURRED 18 WITHIN THE SCOPE OF COMMISSION EMPLOYMENT, DUTIES OR RESPONSIBILITIES OR 19 THAT SUCH PERSON HAD A REASONABLE BASIS FOR BELIEVING OCCURRED WITHIN 20 THE SCOPE OF COMMISSION EMPLOYMENT, DUTIES OR RESPONSIBILITIES, PROVIDED 21 THAT THE ACTUAL OR ALLEGED ACT, ERROR OR OMISSION DID NOT RESULT FROM 22 THE INTENTIONAL OR WILLFUL OR WANTON MISCONDUCT OF THAT PERSON. 23 S 2908. MEETINGS AND ACTS OF THE COMMISSION. (A) THE COMMISSION SHALL 24 MEET AND TAKE SUCH ACTIONS AS ARE CONSISTENT WITH THE PROVISIONS OF THIS 25 COMPACT AND THE BYLAWS. 26 (B) EACH MEMBER OF THE COMMISSION SHALL HAVE THE RIGHT AND POWER TO 27 CAST A VOTE TO WHICH THAT COMPACTING STATE IS ENTITLED AND TO PARTIC- 28 IPATE IN THE BUSINESS AND AFFAIRS OF THE COMMISSION. A MEMBER SHALL VOTE 29 IN PERSON OR BY SUCH OTHER MEANS AS PROVIDED IN THE BYLAWS. THE BYLAWS 30 MAY PROVIDE FOR MEMBERS' PARTICIPATION IN MEETINGS BY TELEPHONE OR OTHER 31 MEANS OF COMMUNICATION. 32 (C) THE COMMISSION SHALL MEET AT LEAST ONCE DURING EACH CALENDAR YEAR. 33 ADDITIONAL MEETINGS SHALL BE HELD AS SET FORTH IN THE BYLAWS. 34 (D) PUBLIC NOTICE SHALL BE GIVEN OF ALL MEETINGS AND ALL MEETINGS 35 SHALL BE OPEN TO THE PUBLIC, EXCEPT AS SET FORTH IN THE RULES OR OTHER- 36 WISE PROVIDED IN THE COMPACT. 37 (E) THE COMMISSION SHALL PROMULGATE RULES CONCERNING ITS MEETINGS 38 CONSISTENT WITH THE PRINCIPLES CONTAINED IN THE GOVERNMENT IN THE 39 SUNSHINE ACT, 5 U.S.C. S 552B, AS MAY BE AMENDED. 40 (F) THE COMMISSION AND ITS COMMITTEES MAY CLOSE A MEETING, OR PORTION 41 THEREOF, WHERE IT DETERMINES BY MAJORITY VOTE THAT AN OPEN MEETING WOULD 42 BE LIKELY TO: 43 (1) RELATE SOLELY TO THE COMMISSION'S INTERNAL PERSONNEL PRACTICES AND 44 PROCEDURES; 45 (2) DISCLOSE MATTERS SPECIFICALLY EXEMPTED FROM DISCLOSURE BY FEDERAL 46 AND STATE STATUTE; 47 (3) DISCLOSE TRADE SECRETS OR COMMERCIAL OR FINANCIAL INFORMATION 48 WHICH IS PRIVILEGED OR CONFIDENTIAL; 49 (4) INVOLVE ACCUSING A PERSON OF A CRIME, OR FORMALLY CENSURING A 50 PERSON; 51 (5) DISCLOSE INFORMATION OF A PERSONAL NATURE WHERE DISCLOSURE WOULD 52 CONSTITUTE A CLEARLY UNWARRANTED INVASION OF PERSONAL PRIVACY; 53 (6) DISCLOSE INVESTIGATIVE RECORDS COMPILED FOR LAW ENFORCEMENT 54 PURPOSES; OR 55 (7) SPECIFICALLY RELATE TO THE COMMISSION'S ISSUANCE OF A SUBPOENA OR 56 ITS PARTICIPATION IN A CIVIL ACTION OR OTHER LEGAL PROCEEDING.
S. 2811--B 132 1 (G) FOR A MEETING, OR PORTION OF A MEETING, CLOSED PURSUANT TO 2 SUBSECTION (F) OF THIS SECTION, THE COMMISSION'S LEGAL COUNSEL OR DESIG- 3 NEE SHALL CERTIFY THAT THE MEETING MAY BE CLOSED AND SHALL REFERENCE 4 EACH RELEVANT EXEMPTIVE PROVISION. THE COMMISSION SHALL KEEP MINUTES 5 WHICH SHALL FULLY AND CLEARLY DESCRIBE ALL MATTERS DISCUSSED IN A MEET- 6 ING AND SHALL PROVIDE A FULL AND ACCURATE SUMMARY OF ACTIONS TAKEN AND 7 THE REASONS THEREFORE, INCLUDING A DESCRIPTION OF THE VIEWS EXPRESSED 8 AND THE RECORD OF A ROLL CALL VOTE. ALL DOCUMENTS CONSIDERED IN 9 CONNECTION WITH AN ACTION SHALL BE IDENTIFIED IN SUCH MINUTES. ALL 10 MINUTES AND DOCUMENTS OF A CLOSED MEETING SHALL REMAIN UNDER SEAL, 11 SUBJECT TO RELEASE BY A MAJORITY VOTE OF THE COMMISSION. 12 S 2909. RULEMAKING FUNCTIONS OF THE COMMISSION. (A) THE COMMISSION 13 SHALL PROMULGATE REASONABLE RULES IN ORDER TO EFFECTIVELY AND EFFICIENT- 14 LY ACHIEVE THE PURPOSES OF THIS COMPACT. NOTWITHSTANDING THE FOREGOING, 15 IN THE EVENT THE COMMISSION EXERCISES ITS RULEMAKING AUTHORITY IN A 16 MANNER THAT IS BEYOND THE SCOPE OF THE PURPOSES OF THIS ARTICLE OR THE 17 POWERS GRANTED HEREUNDER, THEN SUCH AN ACTION BY THE COMMISSION SHALL BE 18 INVALID AND HAVE NO FORCE OR EFFECT. 19 (B) RULES SHALL BE MADE PURSUANT TO A RULEMAKING PROCESS THAT SUBSTAN- 20 TIALLY CONFORMS TO THE MODEL STATE ADMINISTRATIVE PROCEDURE ACT OF 1981, 21 FOUND IN VOLUME FIFTEEN OF THE UNIFORM LAWS ANNOTATED, AS AMENDED, AS 22 MAY BE APPROPRIATE TO THE OPERATIONS OF THE COMMISSION. 23 (C) ALL RULES AND AMENDMENTS THERETO SHALL BECOME EFFECTIVE AS OF THE 24 DATE SPECIFIED IN EACH RULE, OPERATING PROCEDURE OR AMENDMENT. 25 (D) NOT LATER THAN THIRTY DAYS AFTER A RULE IS PROMULGATED, ANY PERSON 26 MAY FILE A PETITION FOR JUDICIAL REVIEW OF THE RULE; PROVIDED THAT THE 27 FILING OF SUCH A PETITION SHALL NOT STAY OR OTHERWISE PREVENT THE RULE 28 FROM BECOMING EFFECTIVE UNLESS THE COURT FINDS THAT THE PETITIONER HAS A 29 SUBSTANTIAL LIKELIHOOD OF SUCCESS. THE COURT SHALL GIVE DEFERENCE TO THE 30 ACTIONS OF THE COMMISSION CONSISTENT WITH APPLICABLE LAW AND SHALL NOT 31 FIND THE RULE TO BE UNLAWFUL IF THE RULE REPRESENTS A REASONABLE EXER- 32 CISE OF THE COMMISSION'S AUTHORITY. 33 S 2910. COMMISSION RECORDS AND ENFORCEMENT. (A) THE COMMISSION SHALL 34 PROMULGATE RULES ESTABLISHING CONDITIONS AND PROCEDURES FOR PUBLIC 35 INSPECTION AND COPYING OF ITS INFORMATION AND OFFICIAL RECORDS, EXCEPT 36 SUCH INFORMATION AND RECORDS INVOLVING THE PRIVACY OF INDIVIDUALS, 37 INSURERS, INSUREDS OR SURPLUS LINES LICENSEE TRADE SECRETS. STATE TRANS- 38 ACTION DOCUMENTATION AND CLEARINGHOUSE TRANSACTION DATA COLLECTED BY THE 39 CLEARINGHOUSE SHALL BE USED FOR ONLY THOSE PURPOSES EXPRESSED IN OR 40 REASONABLY IMPLIED UNDER THE PROVISIONS OF THIS COMPACT AND THE COMMIS- 41 SION SHALL AFFORD THIS DATA THE BROADEST PROTECTIONS AS PERMITTED BY ANY 42 APPLICABLE LAW FOR PROPRIETARY INFORMATION, TRADE SECRETS OR PERSONAL 43 DATA. THE COMMISSION MAY PROMULGATE ADDITIONAL RULES UNDER WHICH IT MAY 44 MAKE AVAILABLE TO FEDERAL AND STATE AGENCIES, INCLUDING LAW ENFORCEMENT 45 AGENCIES, RECORDS AND INFORMATION OTHERWISE EXEMPT FROM DISCLOSURE AND 46 MAY ENTER INTO AGREEMENTS WITH SUCH AGENCIES TO RECEIVE OR EXCHANGE 47 INFORMATION OR RECORDS SUBJECT TO NONDISCLOSURE AND CONFIDENTIALITY 48 PROVISIONS. 49 (B) EXCEPT AS TO PRIVILEGED RECORDS, DATA AND INFORMATION, THE LAWS OF 50 ANY COMPACTING STATE PERTAINING TO CONFIDENTIALITY OR NONDISCLOSURE 51 SHALL NOT RELIEVE ANY COMPACTING STATE MEMBER OF THE DUTY TO DISCLOSE 52 ANY RELEVANT RECORDS, DATA OR INFORMATION TO THE COMMISSION; PROVIDED 53 THAT DISCLOSURE TO THE COMMISSION SHALL NOT BE DEEMED TO WAIVE OR OTHER- 54 WISE AFFECT ANY CONFIDENTIALITY REQUIREMENT AND FURTHER PROVIDED THAT, 55 EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS ARTICLE, THE COMMISSION 56 SHALL NOT BE SUBJECT TO THE COMPACTING STATE'S LAWS PERTAINING TO CONFI-
S. 2811--B 133 1 DENTIALITY AND NONDISCLOSURE WITH RESPECT TO RECORDS, DATA AND INFORMA- 2 TION IN ITS POSSESSION. CONFIDENTIAL INFORMATION OF THE COMMISSION 3 SHALL REMAIN CONFIDENTIAL AFTER SUCH INFORMATION IS PROVIDED TO ANY 4 MEMBER, AND THE COMMISSION SHALL MAINTAIN THE CONFIDENTIALITY OF ANY 5 INFORMATION PROVIDED BY A MEMBER THAT IS CONFIDENTIAL UNDER THAT 6 MEMBER'S STATE LAW. 7 (C) THE COMMISSION SHALL MONITOR COMPACTING STATES FOR COMPLIANCE WITH 8 DULY ADOPTED BYLAWS AND RULES. THE COMMISSION SHALL NOTIFY ANY NON-COM- 9 PLYING COMPACTING STATE IN WRITING OF ITS NONCOMPLIANCE WITH COMMISSION 10 BYLAWS OR RULES. IF A NON-COMPLYING COMPACTING STATE FAILS TO REMEDY 11 ITS NONCOMPLIANCE WITHIN THE TIME SPECIFIED IN THE NOTICE OF NONCOMPLI- 12 ANCE, THE COMPACTING STATE SHALL BE DEEMED TO BE IN DEFAULT AS SET FORTH 13 IN SECTION TWO THOUSAND NINE HUNDRED FIFTEEN OF THIS ARTICLE. 14 S 2911. DISPUTE RESOLUTION. (A) BEFORE A MEMBER MAY BRING AN ACTION IN 15 A COURT OF COMPETENT JURISDICTION FOR VIOLATION OF ANY PROVISION, STAND- 16 ARD OR REQUIREMENT OF THE COMPACT, THE COMMISSION SHALL ATTEMPT, UPON 17 THE REQUEST OF A MEMBER, TO RESOLVE ANY DISPUTES OR OTHER ISSUES THAT 18 ARE SUBJECT TO THIS COMPACT AND WHICH MAY ARISE BETWEEN TWO OR MORE 19 COMPACTING STATES, CONTRACTING STATES OR NON-COMPACTING STATES AND THE 20 COMMISSION SHALL PROMULGATE A RULE PROVIDING ALTERNATIVE DISPUTE RESOL- 21 UTION PROCEDURES FOR SUCH DISPUTES. 22 (B) THE COMMISSION SHALL ALSO PROVIDE ALTERNATIVE DISPUTE RESOLUTION 23 PROCEDURES TO RESOLVE ANY DISPUTES BETWEEN INSUREDS OR SURPLUS LINES 24 LICENSEES CONCERNING A TAX CALCULATION OR ALLOCATION OR RELATED ISSUES 25 WHICH ARE THE SUBJECT OF THIS COMPACT. 26 (C) ANY ALTERNATIVE DISPUTE RESOLUTION PROCEDURES SHALL BE UTILIZED IN 27 CIRCUMSTANCES WHERE A DISPUTE ARISES AS TO WHICH STATE CONSTITUTES THE 28 HOME STATE. 29 S 2912. REVIEW OF COMMISSION DECISIONS. REGARDING COMMISSION DECI- 30 SIONS: 31 (A) EXCEPT AS NECESSARY FOR PROMULGATING RULES TO FULFILL THE PURPOSES 32 OF THIS COMPACT, THE COMMISSION SHALL NOT HAVE AUTHORITY TO OTHERWISE 33 REGULATE INSURANCE IN THE COMPACTING STATES. 34 (B) NOT LATER THAN THIRTY DAYS AFTER THE COMMISSION HAS GIVEN NOTICE 35 OF ANY RULE OR ALLOCATION FORMULA, ANY THIRD PARTY FILER OR COMPACTING 36 STATE MAY APPEAL THE DETERMINATION TO A REVIEW PANEL APPOINTED BY THE 37 COMMISSION. THE COMMISSION SHALL PROMULGATE RULES TO ESTABLISH PROCE- 38 DURES FOR APPOINTING SUCH REVIEW PANELS AND PROVIDE FOR NOTICE AND HEAR- 39 ING. AN ALLEGATION THAT THE COMMISSION, IN MAKING COMPLIANCE OR TAX 40 DETERMINATIONS ACTED ARBITRARILY, CAPRICIOUSLY OR IN A MANNER THAT IS AN 41 ABUSE OF DISCRETION OR OTHERWISE NOT IN ACCORDANCE WITH THE LAW, IS 42 SUBJECT TO JUDICIAL REVIEW IN ACCORDANCE WITH SUBSECTION (F) OF SECTION 43 TWO THOUSAND NINE HUNDRED FOUR OF THIS ARTICLE. 44 (C) THE COMMISSION SHALL HAVE AUTHORITY TO MONITOR, REVIEW AND RECON- 45 SIDER COMMISSION DECISIONS UPON A FINDING THAT THE DETERMINATIONS OR 46 ALLOCATIONS DO NOT MEET THE RELEVANT RULE. WHERE APPROPRIATE, THE 47 COMMISSION MAY WITHDRAW OR MODIFY ITS DETERMINATION OR ALLOCATION AFTER 48 PROPER NOTICE AND HEARING, SUBJECT TO THE APPEAL PROCESS SET FORTH IN 49 SUBSECTION (B) OF THIS SECTION. 50 S 2913. FINANCE. (A) THE COMMISSION SHALL PAY OR PROVIDE FOR THE 51 PAYMENT OF THE REASONABLE EXPENSES OF ITS ESTABLISHMENT AND ORGANIZA- 52 TION. TO FUND THE COST OF ITS INITIAL OPERATIONS THE COMMISSION MAY 53 ACCEPT CONTRIBUTIONS, GRANTS AND OTHER FORMS OF FUNDING FROM THE STATE 54 STAMPING OFFICES, COMPACTING STATES AND OTHER SOURCES. 55 (B) THE COMMISSION SHALL COLLECT A FEE PAYABLE BY THE INSURED DIRECTLY 56 OR THROUGH A SURPLUS LINES LICENSEE ON EACH TRANSACTION PROCESSED
S. 2811--B 134 1 THROUGH THE COMPACT CLEARINGHOUSE TO COVER THE COST OF THE OPERATIONS 2 AND ACTIVITIES OF THE COMMISSION AND ITS STAFF IN A TOTAL AMOUNT SUFFI- 3 CIENT TO COVER THE COMMISSION'S ANNUAL BUDGET. 4 (C) THE COMMISSION'S BUDGET FOR A FISCAL YEAR SHALL NOT BE APPROVED 5 UNTIL IT HAS BEEN SUBJECT TO NOTICE AND COMMENT AS SET FORTH IN SECTION 6 TWO THOUSAND NINE HUNDRED NINE OF THIS ARTICLE. 7 (D) THE COMMISSION SHALL BE REGARDED AS PERFORMING ESSENTIAL GOVERN- 8 MENTAL FUNCTIONS IN EXERCISING SUCH POWERS AND FUNCTIONS AND IN CARRYING 9 OUT THE PROVISIONS OF THIS COMPACT AND OF ANY LAW RELATING THERETO AND 10 SHALL NOT BE REQUIRED TO PAY ANY TAXES OR ASSESSMENTS OF ANY CHARACTER 11 LEVIED BY ANY STATE OR POLITICAL SUBDIVISION THEREOF UPON ANY OF THE 12 PROPERTY USED BY IT FOR SUCH PURPOSES OR ANY INCOME OR REVENUE THERE- 13 FROM, INCLUDING ANY PROFIT FROM A SALE OR EXCHANGE. 14 (E) THE COMMISSION SHALL KEEP COMPLETE AND ACCURATE ACCOUNTS OF ALL 15 ITS INTERNAL RECEIPTS, INCLUDING GRANTS AND DONATIONS AND DISBURSEMENTS 16 FOR ALL FUNDS UNDER ITS CONTROL. THE INTERNAL FINANCIAL ACCOUNTS OF THE 17 COMMISSION SHALL BE SUBJECT TO THE ACCOUNTING PROCEDURES ESTABLISHED 18 UNDER ITS BYLAWS. THE FINANCIAL ACCOUNTS AND REPORTS INCLUDING THE 19 SYSTEM OF INTERNAL CONTROLS AND PROCEDURES OF THE COMMISSION SHALL BE 20 AUDITED ANNUALLY BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT. UPON THE 21 DETERMINATION OF THE COMMISSION, BUT NOT LESS FREQUENTLY THAN EVERY 22 THREE YEARS, THE REVIEW OF THE INDEPENDENT AUDITOR SHALL INCLUDE A 23 MANAGEMENT AND PERFORMANCE AUDIT OF THE COMMISSION. THE COMMISSION SHALL 24 MAKE AN ANNUAL REPORT TO THE GOVERNOR AND LEGISLATURE OF THE COMPACTING 25 STATES, WHICH SHALL INCLUDE A REPORT OF THE INDEPENDENT AUDIT. THE 26 COMMISSION'S INTERNAL ACCOUNTS SHALL NOT BE CONFIDENTIAL AND SUCH MATE- 27 RIALS MAY BE SHARED WITH THE COMMISSIONER, THE CONTROLLER OR THE STAMP- 28 ING OFFICE OF ANY COMPACTING STATE UPON REQUEST; PROVIDED, HOWEVER, THAT 29 ANY WORK PAPERS RELATED TO ANY INTERNAL OR INDEPENDENT AUDIT AND ANY 30 INFORMATION REGARDING THE PRIVACY OF INDIVIDUALS AND LICENSEES' AND 31 INSURERS' PROPRIETARY INFORMATION, INCLUDING TRADE SECRETS, SHALL REMAIN 32 CONFIDENTIAL. 33 (F) NO COMPACTING STATE SHALL HAVE ANY CLAIM TO OR OWNERSHIP OF ANY 34 PROPERTY HELD BY OR VESTED IN THE COMMISSION OR TO ANY COMMISSION FUNDS 35 HELD PURSUANT TO THE PROVISIONS OF THIS COMPACT. 36 (G) THE COMMISSION SHALL NOT MAKE ANY POLITICAL CONTRIBUTIONS TO 37 CANDIDATES FOR ELECTED OFFICE, ELECTED OFFICIALS, POLITICAL PARTIES OR 38 POLITICAL ACTION COMMITTEES. THE COMMISSION SHALL NOT ENGAGE IN LOBBYING 39 EXCEPT WITH RESPECT TO CHANGES TO THIS COMPACT. 40 S 2914. COMPACTING STATES, EFFECTIVE DATE AND AMENDMENT. (A) ANY STATE 41 IS ELIGIBLE TO BECOME A COMPACTING STATE. 42 (B) THE COMPACT SHALL BECOME EFFECTIVE AND BINDING UPON LEGISLATIVE 43 ENACTMENT OF THE COMPACT INTO LAW BY TWO COMPACTING STATES; PROVIDED, 44 THE COMMISSION SHALL BECOME EFFECTIVE FOR PURPOSES OF ADOPTING RULES AND 45 CREATING THE CLEARINGHOUSE WHEN THERE ARE A TOTAL OF TEN COMPACTING 46 STATES AND CONTRACTING STATES OR, ALTERNATIVELY, WHEN THERE ARE COMPACT- 47 ING STATES AND CONTRACTING STATES REPRESENTING GREATER THAN FORTY 48 PERCENT OF THE SURPLUS LINES INSURANCE PREMIUM VOLUME BASED ON RECORDS 49 OF THE PERCENTAGE OF SURPLUS LINES INSURANCE PREMIUM SET FORTH IN APPEN- 50 DIX A OF SECTION TWO THOUSAND ONE HUNDRED SEVENTEEN. THEREAFTER, IT 51 SHALL BECOME EFFECTIVE AND BINDING AS TO ANY OTHER COMPACTING STATE UPON 52 ENACTMENT OF THE COMPACT INTO LAW BY THAT STATE. NOTWITHSTANDING THE 53 FOREGOING, THE CLEARINGHOUSE OPERATIONS AND THE DUTY TO REPORT CLEARING- 54 HOUSE TRANSACTION DATA SHALL BEGIN ON THE FIRST OF JANUARY OR THE FIRST 55 OF JULY NEXT FOLLOWING THE FIRST ANNIVERSARY OF THE COMMISSION'S EFFEC- 56 TIVE DATE. FOR STATES WHICH JOIN THE COMPACT SUBSEQUENT TO THE EFFECTIVE
S. 2811--B 135 1 DATE, A START DATE FOR REPORTING CLEARINGHOUSE TRANSACTION DATA SHALL BE 2 SET BY THE COMMISSION PROVIDED SURPLUS LINES LICENSEES AND ALL OTHER 3 INTERESTED PARTIES RECEIVE NOT LESS THAN NINETY DAYS ADVANCE NOTICE. 4 (C) AMENDMENTS TO THE COMPACT MAY BE PROPOSED BY THE COMMISSION FOR 5 ENACTMENT BY THE COMPACTING STATES. NO AMENDMENT SHALL BECOME EFFECTIVE 6 AND BINDING UPON THE COMMISSION AND THE COMPACTING STATES UNLESS AND 7 UNTIL ALL COMPACTING STATES ENACT THE AMENDMENT INTO LAW. 8 S 2915. WITHDRAWAL, DEFAULT AND TERMINATION. (A) (1) ONCE EFFECTIVE, 9 THE COMPACT SHALL CONTINUE IN FORCE AND REMAIN BINDING UPON EACH AND 10 EVERY COMPACTING STATE, PROVIDED THAT A COMPACTING STATE MAY WITHDRAW 11 FROM THE COMPACT ("WITHDRAWING STATE") BY ENACTING A STATUTE SPECIF- 12 ICALLY REPEALING THE STATUTE WHICH ENACTED THE COMPACT INTO LAW. 13 (2) THE EFFECTIVE DATE OF WITHDRAWAL IS THE EFFECTIVE DATE OF THE 14 REPEALING STATUTE. HOWEVER, THE WITHDRAWAL SHALL NOT APPLY TO ANY TAX 15 OR COMPLIANCE DETERMINATIONS APPROVED ON THE DATE THE REPEALING STATUTE 16 BECOMES EFFECTIVE, EXCEPT BY MUTUAL AGREEMENT OF THE COMMISSION AND THE 17 WITHDRAWING STATE UNLESS THE APPROVAL IS RESCINDED BY THE COMMISSION. 18 (3) THE MEMBER OF THE WITHDRAWING STATE SHALL IMMEDIATELY NOTIFY THE 19 EXECUTIVE COMMITTEE OF THE COMMISSION IN WRITING UPON THE INTRODUCTION 20 OF LEGISLATION REPEALING THIS COMPACT IN THE WITHDRAWING STATE. 21 (4) THE COMMISSION SHALL NOTIFY THE OTHER COMPACTING STATES OF THE 22 INTRODUCTION OF SUCH LEGISLATION WITHIN TEN DAYS AFTER ITS RECEIPT OF 23 NOTICE THEREOF. 24 (5) THE WITHDRAWING STATE IS RESPONSIBLE FOR ALL OBLIGATIONS, DUTIES 25 AND LIABILITIES INCURRED THROUGH THE EFFECTIVE DATE OF WITHDRAWAL, 26 INCLUDING ANY OBLIGATIONS, THE PERFORMANCE OF WHICH EXTEND BEYOND THE 27 EFFECTIVE DATE OF WITHDRAWAL. TO THE EXTENT THOSE OBLIGATIONS MAY HAVE 28 BEEN RELEASED OR RELINQUISHED BY MUTUAL AGREEMENT OF THE COMMISSION AND 29 THE WITHDRAWING STATE, THE COMMISSION'S DETERMINATIONS PRIOR TO THE 30 EFFECTIVE DATE OF WITHDRAWAL SHALL CONTINUE TO BE EFFECTIVE AND BE GIVEN 31 FULL FORCE AND EFFECT IN THE WITHDRAWING STATE, UNLESS FORMALLY RESCIND- 32 ED BY THE COMMISSION. 33 (6) REINSTATEMENT FOLLOWING WITHDRAWAL OF ANY COMPACTING STATE SHALL 34 OCCUR UPON THE EFFECTIVE DATE OF THE WITHDRAWING STATE REENACTING THE 35 COMPACT. 36 (B) (1) IF THE COMMISSION DETERMINES THAT ANY COMPACTING STATE HAS AT 37 ANY TIME DEFAULTED ("DEFAULTING STATE") IN THE PERFORMANCE OF ANY OF ITS 38 OBLIGATIONS OR RESPONSIBILITIES UNDER THIS COMPACT, THE BYLAWS OR DULY 39 PROMULGATED RULES, THEN AFTER NOTICE AND HEARING AS SET FORTH IN THE 40 BYLAWS, ALL RIGHTS, PRIVILEGES AND BENEFITS CONFERRED BY THIS COMPACT ON 41 THE DEFAULTING STATE SHALL BE SUSPENDED FROM THE EFFECTIVE DATE OF 42 DEFAULT AS FIXED BY THE COMMISSION. THE GROUNDS FOR DEFAULT INCLUDE, BUT 43 ARE NOT LIMITED TO, FAILURE OF A COMPACTING STATE TO PERFORM ITS OBLI- 44 GATIONS OR RESPONSIBILITIES AND ANY OTHER GROUNDS DESIGNATED IN COMMIS- 45 SION RULES. THE COMMISSION SHALL IMMEDIATELY NOTIFY THE DEFAULTING STATE 46 IN WRITING OF THE DEFAULTING STATE'S SUSPENSION PENDING A CURE OF THE 47 DEFAULT. THE COMMISSION SHALL STIPULATE THE CONDITIONS AND THE TIME 48 PERIOD WITHIN WHICH THE DEFAULTING STATE MUST CURE ITS DEFAULT. IF THE 49 DEFAULTING STATE FAILS TO CURE THE DEFAULT WITHIN THE TIME PERIOD SPECI- 50 FIED BY THE COMMISSION, THE DEFAULTING STATE SHALL BE TERMINATED FROM 51 THE COMPACT AND ALL RIGHTS, PRIVILEGES AND BENEFITS CONFERRED BY THIS 52 COMPACT SHALL BE TERMINATED FROM THE EFFECTIVE DATE OF TERMINATION. 53 (2) DECISIONS OF THE COMMISSION THAT ARE ISSUED ON THE EFFECTIVE DATE 54 OF TERMINATION SHALL REMAIN IN FORCE IN THE DEFAULTING STATE IN THE SAME 55 MANNER AS IF THE DEFAULTING STATE HAD WITHDRAWN VOLUNTARILY PURSUANT TO 56 SUBSECTION (A) OF THIS SECTION.
S. 2811--B 136 1 (3) REINSTATEMENT FOLLOWING TERMINATION OF ANY COMPACTING STATE 2 REQUIRES A REENACTMENT OF THE COMPACT. 3 (C) (1) THE COMPACT DISSOLVES EFFECTIVE UPON THE DATE OF THE WITH- 4 DRAWAL OR DEFAULT OF THE COMPACTING STATE WHICH REDUCES MEMBERSHIP IN 5 THE COMPACT TO ONE COMPACTING STATE. 6 (2) UPON THE DISSOLUTION OF THIS COMPACT, THE COMPACT BECOMES NULL AND 7 VOID AND SHALL HAVE NO FURTHER FORCE OR EFFECT AND THE BUSINESS AND 8 AFFAIRS OF THE COMMISSION SHALL BE WOUND UP AND ANY EXCESS FUNDS SHALL 9 BE DISTRIBUTED IN ACCORDANCE WITH THE RULES AND BYLAWS. 10 S 2916. SEVERABILITY AND CONSTRUCTION. (A) THE PROVISIONS OF THIS 11 COMPACT SHALL BE SEVERABLE AND IF ANY PHRASE, CLAUSE, SENTENCE OR 12 PROVISION IS DEEMED UNENFORCEABLE, THE REMAINING PROVISIONS OF THE 13 COMPACT SHALL BE ENFORCEABLE. 14 (B) THE PROVISIONS OF THIS COMPACT SHALL BE LIBERALLY CONSTRUED TO 15 EFFECTUATE ITS PURPOSES. 16 (C) THROUGHOUT THIS COMPACT THE USE OF THE SINGULAR SHALL INCLUDE THE 17 PLURAL AND VICE-VERSA. 18 (D) THE HEADINGS AND CAPTIONS OF ARTICLES, SECTIONS AND SUBSECTIONS 19 USED IN THIS COMPACT ARE FOR CONVENIENCE ONLY AND SHALL BE IGNORED IN 20 CONSTRUING THE SUBSTANTIVE PROVISIONS OF THIS COMPACT. 21 S 2917. BINDING EFFECT OF COMPACT AND OTHER LAWS. (A) (1) NOTHING 22 HEREIN PREVENTS THE ENFORCEMENT OF ANY OTHER LAW OF A COMPACTING STATE, 23 EXCEPT AS PROVIDED IN SUBSECTION (B) OF THIS SECTION. 24 (2) DECISIONS OF THE COMMISSION AND ANY RULES AND ANY OTHER REQUIRE- 25 MENTS OF THE COMMISSION SHALL CONSTITUTE THE EXCLUSIVE RULE OR DETERMI- 26 NATION APPLICABLE TO THE COMPACTING STATES. ANY LAW OR REGULATION 27 REGARDING NON-ADMITTED INSURANCE OF MULTI-STATE RISKS THAT IS CONTRARY 28 TO RULES OF THE COMMISSION IS PREEMPTED WITH RESPECT TO THE FOLLOWING: 29 (A) CLEARINGHOUSE TRANSACTION DATA REPORTING REQUIREMENTS; 30 (B) ALLOCATION FORMULA; 31 (C) CLEARINGHOUSE TRANSACTION DATA COLLECTION REQUIREMENTS; 32 (D) PREMIUM TAX PAYMENT TIME FRAMES AND RULES CONCERNING DISSEMINATION 33 OF DATA AMONG THE COMPACTING STATES FOR NON-ADMITTED INSURANCE OF 34 MULTI-STATE RISKS AND SINGLE-STATE RISKS; 35 (E) EXCLUSIVE COMPLIANCE WITH SURPLUS LINES LAW OF THE HOME STATE OF 36 THE INSURED; 37 (F) RULES FOR REPORTING TO A CLEARINGHOUSE FOR RECEIPT AND DISTRIB- 38 UTION OF CLEARINGHOUSE TRANSACTION DATA RELATED TO NON-ADMITTED INSUR- 39 ANCE OF MULTI-STATE RISKS; 40 (G) UNIFORM FOREIGN INSURERS ELIGIBILITY REQUIREMENTS; 41 (H) UNIFORM POLICYHOLDER NOTICE; AND 42 (I) UNIFORM TREATMENT OF PURCHASING GROUPS PROCURING NON-ADMITTED 43 INSURANCE. 44 (3) EXCEPT AS SET FORTH IN SUBSECTION (B) OF THIS SECTION, ANY RULE, 45 UNIFORM STANDARD OR OTHER REQUIREMENT OF THE COMMISSION SHALL CONSTITUTE 46 THE EXCLUSIVE PROVISION THAT A COMMISSIONER MAY APPLY TO COMPLIANCE OR 47 TAX DETERMINATIONS. NOTWITHSTANDING THE FOREGOING, NO ACTION TAKEN BY 48 THE COMMISSION SHALL ABROGATE OR RESTRICT: 49 (A) THE ACCESS OF ANY PERSON TO STATE COURTS; 50 (B) THE AVAILABILITY OF ALTERNATIVE DISPUTE RESOLUTION UNDER SECTION 51 TWO THOUSAND NINE HUNDRED ELEVEN OF THIS ARTICLE; 52 (C) REMEDIES AVAILABLE UNDER STATE LAW RELATED TO BREACH OF CONTRACT, 53 TORT OR OTHER LAWS NOT SPECIFICALLY DIRECTED TO COMPLIANCE OR TAX DETER- 54 MINATIONS; 55 (D) STATE LAW RELATING TO THE CONSTRUCTION OF INSURANCE CONTRACTS; OR
S. 2811--B 137 1 (E) THE AUTHORITY OF THE ATTORNEY GENERAL OF THE STATE, INCLUDING BUT 2 NOT LIMITED TO MAINTAINING ANY ACTIONS OR PROCEEDINGS, AS AUTHORIZED BY 3 LAW. 4 (B) (1) ALL LAWFUL ACTIONS OF THE COMMISSION, INCLUDING ALL RULES 5 PROMULGATED BY THE COMMISSION, ARE BINDING UPON THE COMPACTING STATES, 6 EXCEPT AS PROVIDED HEREIN. 7 (2) ALL AGREEMENTS BETWEEN THE COMMISSION AND THE COMPACTING STATES 8 ARE BINDING IN ACCORDANCE WITH THEIR TERMS. 9 (3) UPON THE REQUEST OF A PARTY TO A CONFLICT OVER THE MEANING OR 10 INTERPRETATION OF COMMISSION ACTIONS AND UPON A MAJORITY VOTE OF THE 11 COMPACTING STATES, THE COMMISSION MAY ISSUE ADVISORY OPINIONS REGARDING 12 THE MEANING OR INTERPRETATION IN DISPUTE. THIS PROVISION MAY BE IMPLE- 13 MENTED BY RULE AT THE DISCRETION OF THE COMMISSION. 14 (4) IN THE EVENT ANY PROVISION OF THIS COMPACT EXCEEDS THE CONSTITU- 15 TIONAL LIMITS IMPOSED ON THE LEGISLATURE OF ANY COMPACTING STATE, THE 16 OBLIGATIONS, DUTIES, POWERS OR JURISDICTION SOUGHT TO BE CONFERRED BY 17 THAT PROVISION UPON THE COMMISSION SHALL BE INEFFECTIVE AS TO THAT STATE 18 AND THOSE OBLIGATIONS, DUTIES, POWERS OR JURISDICTION SHALL REMAIN IN 19 THE COMPACTING STATE AND SHALL BE EXERCISED BY THE AGENCY THEREOF TO 20 WHICH THOSE OBLIGATIONS, DUTIES, POWERS OR JURISDICTION ARE DELEGATED BY 21 LAW IN EFFECT AT THE TIME THIS COMPACT BECOMES EFFECTIVE. 22 APPENDIX A 23 SURPLUS LINE INSURANCE PREMIUMS BY STATE 24 PREMIUMS BASED ON SHARE OF TOTAL 25 STATE TAXES PAID PREMIUMS 26 ALABAMA 445,746,000 1.47% 27 ALASKA 89,453,519 0.29% 28 ARIZONA 663,703,267 2.18% 29 ARKANSAS 201,859,750 0.66% 30 CALIFORNIA 5,622,450,467 18.49% 31 COLORADO 543,781,333 1.79% 32 CONNECTICUT 329,358,800 1.08% 33 DELAWARE 92,835,950 0.31% 34 FLORIDA 2,660,908,760 8.75% 35 GEORGIA 895,643,150 2.95% 36 HAWAII 232,951,489 0.77% 37 IDAHO 74,202,255 0.24% 38 ILLINOIS 1,016,504,629 3.34% 39 INDIANA 412,265,320 1.36% 40 IOWA 135,130,933 0.44% 41 KANSAS 160,279,300 0.53% 42 KENTUCKY 167,996,133 0.55% 43 LOUISIANA 853,173,280 2.81% 44 MAINE 60,111,200 0.20% 45 MARYLAND 434,887,600 1.43% 46 MASSACHUSETTS 708,640,225 2.33% 47 MICHIGAN 703,357,040 2.31% 48 MINNESOTA 393,128,400 1.29% 49 MISSISSIPPI 263,313,175 0.87% 50 MISSOURI 404,489,860 1.33% 51 MONTANA 64,692,873 0.21% 52 NEBRASKA 92,141,167 0.30% 53 NEVADA 354,271,514 1.17% 54 NEW HAMPSHIRE 102,946,250 0.34% 55 NEW JERSEY 1,087,994,033 3.58% 56 NEW MEXICO 67,608,458 0.22%
S. 2811--B 138 1 NEW YORK 2,768,618,083 9.11% 2 NORTH CAROLINA 514,965,060 1.69% 3 NORTH DAKOTA 36,223,943 0.12% 4 OHIO 342,000,000 1.12% 5 OKLAHOMA 319,526,400 1.05% 6 OREGON 312,702,150 1.03% 7 PENNSYLVANIA 780,666,667 2.57% 8 RHODE ISLAND 71,794,067 0.24% 9 SOUTH CAROLINA 412,489,825 1.36% 10 SOUTH DAKOTA 38,702,120 0.13% 11 TENNESSEE 451,775,240 1.49% 12 TEXAS 3,059,170,454 10.06% 13 UTAH 142,593,412 0.47% 14 VERMONT 41,919,433 0.14% 15 VIRGINIA 611,530,667 2.01% 16 WASHINGTON 739,932,050 2.43% 17 WEST VIRGINIA 130,476,250 0.43% 18 WISCONSIN 248,758,333 0.82% 19 WYOMING 40,526,967 0.13% 20 TOTAL 30,400,197,251 100.00% 21 S 3. Subsection (d) of section 2118 of the insurance law is amended by 22 adding a new paragraph 4 to read as follows: 23 (4) IN THE EVENT THAT THE SURPLUS LINES INSURANCE MULTISTATE COMPLI- 24 ANCE COMPACT ("SLIMPACT") IS ENACTED BY THIS STATE AND THE COMMISSION 25 CREATED THEREUNDER BECOMES ACTIVE PURSUANT TO THE PROVISION OF SLIMPACT, 26 THEN THIS STATE, WHEN IT IS THE HOME STATE OF THE INSURED, WILL REQUIRE 27 THE PAYMENT OF TAXES BE ALLOCATED BASED UPON SLIMPACT'S PROVISIONS TO 28 ALL OTHER STATES WHICH HAVE ADOPTED SLIMPACT; PROVIDED, HOWEVER, THAT 29 THIS STATE WILL APPLY ITS STATE TAX TO THE PREMIUM FOR ALL RISK EXPO- 30 SURES ALLOCATED TO THIS STATE AND TO RISK EXPOSURES LOCATED IN ANY 31 STATES WHICH HAVE NOT ENACTED SLIMPACT. 32 S 4. Paragraph 1 of subsection (b) of section 9102 of the insurance 33 law, as amended by chapter 190 of the laws of 1990, is amended to read 34 as follows: 35 (1) In determining the amount of gross premiums taxable in this state 36 pursuant to paragraph one of subsection (d) of section two thousand one 37 hundred eighteen of this chapter, where a placement of excess line 38 insurance covers property or risks located or resident both in and out 39 of this state, the sum paid to the superintendent shall be computed on 40 that portion of the policy premium that is attributable to property or 41 risks located or resident in this state, as determined by reference to 42 an allocation schedule prescribed by the superintendent in a regulation. 43 IN THE EVENT THAT THE SURPLUS LINES INSURANCE MULTISTATE COMPLIANCE 44 COMPACT ("SLIMPACT") IS ENACTED BY THIS STATE AND THE COMMISSION CREATED 45 THEREUNDER BECOMES ACTIVE PURSUANT TO THE PROVISIONS OF SLIMPACT, THEN 46 THIS STATE, WHEN IT IS THE HOME STATE OF THE INSURED, WILL REQUIRE THE 47 PAYMENT OF TAXES BE ALLOCATED BASED UPON SLIMPACT'S PROVISIONS TO ALL 48 OTHER STATES WHICH HAVE ADOPTED SLIMPACT; PROVIDED, HOWEVER, THAT THIS 49 STATE WILL APPLY ITS STATE TAX TO THE PREMIUM FOR ALL RISK EXPOSURES 50 ALLOCATED TO THIS STATE AND TO RISK EXPOSURES LOCATED IN ANY STATES 51 WHICH HAVE NOT ENACTED SLIMPACT. 52 S 5. Section 1552 of the tax law, as added by chapter 190 of the laws 53 of 1990, is amended to read as follows: 54 S 1552. Allocation. Where the taxable insurance contract covers risks 55 located or resident both within and without this state, the amount of
S. 2811--B 139 1 premiums allocable to risks resident or located within this state shall 2 be determined pursuant to rules and regulations of the commissioner of 3 taxation and finance. In promulgating such rules and regulations, the 4 commissioner of taxation and finance shall give due consideration to the 5 rules and regulations promulgated by the superintendent of insurance 6 pursuant to subsection (b) of section nine thousand one hundred two of 7 the insurance law. IN THE EVENT THAT THE SURPLUS LINES INSURANCE MULTI- 8 STATE COMPLIANCE COMPACT ("SLIMPACT") IS ENACTED BY THIS STATE AND THE 9 COMMISSION CREATED THEREUNDER BECOMES ACTIVE PURSUANT TO THE PROVISIONS 10 OF SLIMPACT, THEN THIS STATE, WHEN IT IS THE HOME STATE OF THE INSURED, 11 WILL REQUIRE THE PAYMENT OF TAXES BE ALLOCATED BASED UPON SLIMPACT'S 12 PROVISIONS TO ALL OTHER STATES WHICH HAVE ADOPTED SLIMPACT; PROVIDED, 13 HOWEVER, THAT THIS STATE WILL APPLY ITS STATE TAX TO THE PREMIUM FOR ALL 14 RISK EXPOSURES ALLOCATED TO THIS STATE AND TO RISK EXPOSURES LOCATED IN 15 ANY STATES WHICH HAVE NOT ENACTED SLIMPACT. 16 S 6. This act shall take effect ninety days after July 21, 2011. 17 PART FF 18 Section 1. The tax law is amended by adding a new section 35 to read 19 as follows: 20 S 35. COMMUNITY TRANSFORMATION PROGRAM CREDIT. (A) DEFINITIONS. AS 21 USED IN THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEAN- 22 INGS: 23 (1) "TRANSFORMATION COMMUNITY" MEANS A TOWN OR A CITY LOCATED WITHIN 24 THREE MILES OF A CORRECTIONAL FACILITY, AS DEFINED IN PARAGRAPH (A) OF 25 SUBDIVISION FOUR OF SECTION TWO OF THE CORRECTION LAW SUBJECT TO CLOSURE 26 PURSUANT TO A RECOMMENDATION OF THE PRISON EFFICIENCY TASK FORCE OR A 27 SECURE FACILITY AS DEFINED IN SECTION FIVE HUNDRED FOUR-A OF THE EXECU- 28 TIVE LAW SUBJECT TO CLOSURE PURSUANT TO A CHAPTER OF THE LAWS OF TWO 29 THOUSAND ELEVEN. 30 (2) "BASE EMPLOYMENT" MEANS THE AVERAGE NUMBER OF FULL TIME EMPLOYEES 31 OR FULL TIME EQUIVALENT EMPLOYEES IN THE STATE DURING THE BASE YEAR, 32 WHERE THE BASE YEAR IS TWO THOUSAND ELEVEN. FOR A NEW BUSINESS, BASE 33 EMPLOYMENT SHALL BE ZERO. 34 (3) "NET NEW JOB" MEANS ANY FULL TIME EMPLOYEE OR FULL TIME EQUIVALENT 35 EMPLOYEE THAT CAUSES THE TOTAL NUMBER OF EMPLOYEES TO INCREASE ABOVE 36 BASE EMPLOYMENT. 37 (4) "QUALIFIED BUSINESS ENTITY" MEANS A BUSINESS ENTITY THAT SHALL 38 OPERATE WITHIN A TRANSFORMATION COMMUNITY, PROVIDED, HOWEVER, A QUALI- 39 FIED BUSINESS ENTITY SHALL NOT INCLUDE RETAIL ESTABLISHMENTS OR OFFICES 40 OF PROFESSIONS REQUIRED TO BE LICENSED BY THE STATE UNLESS SUCH RETAIL 41 ESTABLISHMENTS OR OFFICES OF PROFESSIONS ARE TO BE LOCATED ON THE PROP- 42 ERTY OF THE CORRECTIONAL FACILITY OR SECURE FACILITY DESCRIBED IN PARA- 43 GRAPH ONE OF THIS SECTION. 44 (5) "QUALIFIED INVESTMENT" MEANS AN INVESTMENT IN TANGIBLE PROPERTY 45 (INCLUDING A BUILDING OR A STRUCTURAL COMPONENT OF A BUILDING) OWNED BY 46 A QUALIFIED BUSINESS ENTITY WHICH: 47 (I) IS DEPRECIABLE PURSUANT TO SECTION ONE HUNDRED SIXTY-SEVEN OF THE 48 INTERNAL REVENUE CODE; 49 (II) HAS A USEFUL LIFE OF FOUR YEARS OR MORE; 50 (III) IS ACQUIRED BY PURCHASE AS DEFINED IN SECTION ONE HUNDRED SEVEN- 51 TY-NINE (D) OF THE INTERNAL REVENUE CODE; 52 (IV) HAS A SITUS IN THE TRANSFORMATION COMMUNITY; AND
S. 2811--B 140 1 (V) IS PLACED IN SERVICE IN THE TRANSFORMATION COMMUNITY ON OR AFTER 2 THE DATE OF THE CLOSURE OF THE CORRECTIONAL FACILITY OR SECURED FACILI- 3 TY. 4 (6) "TAX BENEFIT PERIOD" MEANS (I) FOR THE TAX CREDIT ESTABLISHED 5 PURSUANT TO PARAGRAPH ONE OF SUBDIVISION (B) OF THIS SECTION, FIVE TAXA- 6 BLE YEARS STARTING WITH THE YEAR IN WHICH NET NEW JOB CREATION OCCURS OR 7 IN WHICH THE PROPERTY CONSTITUTING A QUALIFIED INVESTMENT PROJECT IS 8 FIRST PLACED IN SERVICE OR (II) FOR THE CREDIT ESTABLISHED PURSUANT TO 9 PARAGRAPH TWO OF SUBDIVISION (B) OF THIS SECTION, SIXTY CONSECUTIVE 10 MONTHS. 11 (7) "WITHHOLDING" MEANS THE WITHHOLDING REQUIRED UNDER SECTION SIX 12 HUNDRED SEVENTY-ONE OF THIS CHAPTER CALCULATED USING THE EMPLOYEE'S 13 APPLICABLE WAGE AND FILING STATUS WITH ONE EXEMPTION. 14 (B) GENERAL. (1) A QUALIFIED BUSINESS ENTITY THAT IS SUBJECT TO TAX 15 UNDER ARTICLE NINE-A, TWENTY-TWO, THIRTY-TWO OR THIRTY-THREE OF THIS 16 CHAPTER SHALL BE ALLOWED A CREDIT AGAINST SUCH TAX, PURSUANT TO THE 17 PROVISIONS REFERENCED IN THIS SECTION. THE AMOUNT OF THE CREDIT, ALLOW- 18 ABLE FOR THE TAX BENEFIT PERIOD, IS THE SUM OF THE FOLLOWING THREE CRED- 19 IT COMPONENTS: 20 (I) COMMUNITY TRANSFORMATION JOBS CREDIT; 21 (II) COMMUNITY TRANSFORMATION INVESTMENT TAX CREDIT; AND 22 (III) COMMUNITY TRANSFORMATION REAL PROPERTY TAX CREDIT. 23 (2) A QUALIFIED BUSINESS ENTITY THAT MAKES PURCHASES THAT ARE SUBJECT 24 TO TAX UNDER ARTICLE TWENTY-EIGHT OR TWENTY-NINE OF THIS CHAPTER SHALL 25 BE ELIGIBLE TO CLAIM THE CREDIT OR REFUND DESCRIBED IN SUBDIVISIONS (A) 26 AND (D) OF SECTION ELEVEN HUNDRED NINETEEN OF THIS CHAPTER OR ANY LIKE 27 CREDIT OR REFUND IMPOSED PURSUANT TO THE AUTHORITY OF ARTICLE 28 TWENTY-NINE OF THIS CHAPTER. 29 (C) NOTIFICATION. THE DEPARTMENT OF CORRECTIONAL SERVICES AND THE 30 OFFICE OF CHILDREN AND FAMILY SERVICES SHALL NOTIFY THE DEPARTMENT WITH- 31 IN TEN DAYS SUBSEQUENT TO THE RECOMMENDATION OF THE PRISON EFFICIENCY 32 TASK FORCE OR THE DETERMINATION BY THE OFFICE OF CHILDREN AND FAMILY 33 SERVICES. SUCH NOTIFICATION SHALL INCLUDE THE NAME OF THE FACILITY TO BE 34 CLOSED, THE LOCATION OF SUCH FACILITY, AND THE NAME OF ANY TOWN OR CITY 35 LOCATED WITHIN THREE MILES OF SUCH FACILITY. THE DEPARTMENT SHALL MAKE 36 THE INFORMATION PROVIDED IN SUCH NOTIFICATION AVAILABLE TO TAXPAYERS. 37 (D) COMMUNITY TRANSFORMATION JOBS CREDIT COMPONENT. A QUALIFIED BUSI- 38 NESS ENTITY SHALL BE ELIGIBLE TO CLAIM A CREDIT FOR EACH NET NEW JOB IT 39 CREATES IN A TRANSFORMATION COMMUNITY. THE AMOUNT OF THE CREDIT ALLOWED 40 UNDER THIS SECTION SHALL BE EQUAL TO THE AMOUNT OF WITHHOLDING REMITTED 41 TO THE STATE FOR EACH NEW EMPLOYEE. THE CREDIT SHALL NOT BE MORE THAN 42 FIVE THOUSAND DOLLARS FOR ANY NEW EMPLOYEE FOR ONE FULL YEAR OF EMPLOY- 43 MENT; IF A NEW EMPLOYEE HAS BEEN HIRED FOR LESS THAN A FULL TAX YEAR 44 THIS AMOUNT SHALL BE PRORATED AND APPORTIONED TO EACH TAX YEAR BUT SHALL 45 IN NO WAY DECREASE THE FULL FIVE YEARS OF CREDIT ELIGIBILITY. THE 46 TAXPAYER MAY CLAIM THIS CREDIT FOR EACH NEW EMPLOYEE FOR A PERIOD OF 47 FIVE YEARS OF EMPLOYMENT. THE TAXPAYER MAY OFFSET QUARTERLY ESTIMATED 48 RETURNS WITH THE AMOUNT OF THIS CREDIT EARNED IN ANY PREVIOUS QUARTER. 49 (E) COMMUNITY TRANSFORMATION INVESTMENT TAX CREDIT COMPONENT. A QUALI- 50 FIED BUSINESS ENTITY SHALL BE ELIGIBLE TO CLAIM A CREDIT ON QUALIFIED 51 INVESTMENTS WITHIN THE TRANSFORMATION COMMUNITY. THE CREDIT SHALL BE 52 EQUAL TO FIVE PERCENT OF THE COST OR OTHER BASIS FOR FEDERAL INCOME TAX 53 PURPOSES OF THE QUALIFIED INVESTMENT. PROVIDED, HOWEVER, IF THE QUALI- 54 FIED INVESTMENT IS MADE WITH RESPECT TO THE REDEVELOPMENT OF THE CORREC- 55 TIONAL FACILITY OR SECURE FACILITY, THE CREDIT SHALL BE EQUAL TO TEN
S. 2811--B 141 1 PERCENT OF THE COST OR OTHER BASIS FOR FEDERAL INCOME TAX PURPOSES OF 2 THE QUALIFIED INVESTMENT. 3 A QUALIFIED BUSINESS ENTITY MAY CLAIM BOTH THE COMMUNITY TRANSFORMA- 4 TION INVESTMENT TAX CREDIT COMPONENT AND THE INVESTMENT TAX CREDIT SET 5 FORTH IN SUBDIVISION TWELVE OF SECTION TWO HUNDRED TEN, SUBSECTION (A) 6 OF SECTION SIX HUNDRED SIX, OR SUBSECTION (I) OF SECTION FOURTEEN 7 HUNDRED FIFTY-SIX OF THIS CHAPTER FOR THE SAME PROPERTY IN ANY TAXABLE 8 YEAR. EXPENSES INCURRED PRIOR TO THE EFFECTIVE DATE OF THIS SECTION ARE 9 NOT ELIGIBLE TO BE INCLUDED IN THE CALCULATION OF THE CREDIT. 10 (F) COMMUNITY TRANSFORMATION REAL PROPERTY TAX CREDIT. A QUALIFIED 11 BUSINESS ENTITY SHALL BE ELIGIBLE TO CLAIM A CREDIT FOR A PERIOD OF FIVE 12 YEARS. THE CREDIT SHALL BE EQUAL TO FIFTY PERCENT OF THE ELIGIBLE REAL 13 PROPERTY TAXES ON THE REAL PROPERTY LOCATED IN THE TRANSFORMATION COMMU- 14 NITY THAT WERE ASSESSED AND PAID. IN THE REMAINING YEARS THE CREDIT 15 SHALL BE COMPUTED ACCORDING TO THE FOLLOWING SCHEDULE: YEAR TWO: FORTY 16 PERCENT OF ELIGIBLE REAL PROPERTY TAXES ON THE REAL PROPERTY LOCATED IN 17 THE TRANSFORMATION COMMUNITY THAT WERE ASSESSED AND PAID; YEAR THREE: 18 THIRTY PERCENT OF ELIGIBLE REAL PROPERTY TAXES ON THE REAL PROPERTY 19 LOCATED IN THE TRANSFORMATION COMMUNITY THAT WERE ASSESSED AND PAID; 20 YEAR FOUR: TWENTY PERCENT OF ELIGIBLE REAL PROPERTY TAXES ON REAL PROP- 21 ERTY LOCATED IN THE TRANSFORMATION COMMUNITY THAT WERE ASSESSED AND 22 PAID; AND YEAR FIVE: TEN PERCENT OF ELIGIBLE REAL PROPERTY TAXES ON THE 23 REAL PROPERTY LOCATED IN THE TRANSFORMATION COMMUNITY THAT WERE ASSESSED 24 AND PAID. PROVIDED, HOWEVER, IF THE REAL PROPERTY CONSISTS OF THE 25 CORRECTIONAL FACILITY OR THE SECURE FACILITY, THE CREDIT SHALL BE EQUAL 26 TO ONE HUNDRED PERCENT OF THE ELIGIBLE REAL PROPERTY TAXES ON THE REAL 27 PROPERTY THAT WERE ASSESSED AND PAID. IN THE REMAINING YEARS THE CREDIT 28 SHALL BE COMPUTED ACCORDING TO THE FOLLOWING SCHEDULE: YEAR TWO: EIGHTY 29 PERCENT OF ELIGIBLE REAL PROPERTY TAXES ON THE REAL PROPERTY THAT WERE 30 ASSESSED AND PAID; YEAR THREE: SIXTY PERCENT OF ELIGIBLE REAL PROPERTY 31 TAXES ON THE REAL PROPERTY THAT WERE ASSESSED AND PAID; YEAR FOUR: FORTY 32 PERCENT OF ELIGIBLE REAL PROPERTY TAXES ON REAL PROPERTY THAT WERE 33 ASSESSED AND PAID; AND YEAR FIVE: TWENTY PERCENT OF ELIGIBLE REAL PROP- 34 ERTY TAXES ON THE REAL PROPERTY LOCATED IN THE TRANSFORMATION COMMUNITY 35 THAT WERE ASSESSED AND PAID. 36 FOR PURPOSES OF THIS CREDIT, THE TERM "ELIGIBLE REAL PROPERTY TAXES" 37 SHALL HAVE THE SAME MEANING AS IN SUBDIVISION (E) OF SECTION FIFTEEN OF 38 THIS CHAPTER, PROVIDED THAT SUCH SUBDIVISION SHALL BE READ AS IF IT 39 SPECIFICALLY REFERENCED THE COMMUNITY TRANSFORMATION PROGRAM AND PARTIC- 40 IPANTS IN THAT PROGRAM. 41 (G) CROSS-REFERENCES. FOR APPLICATION OF THE CREDIT PROVIDED FOR IN 42 THIS SECTION, SEE THE FOLLOWING PROVISIONS OF THIS CHAPTER: 43 (1) ARTICLE 9-A: SECTION 210: SUBDIVISION 43. 44 (2) ARTICLE 22: SECTION 606: SUBSECTION (SS). 45 (3) ARTICLE 32: SECTION 1456: SUBSECTION (X). 46 (4) ARTICLE 33: SECTION 1511: SUBDIVISION (AA). 47 S 2. Section 210 of the tax law is amended by adding a new subdivision 48 43 to read as follows: 49 43. COMMUNITY TRANSFORMATION PROGRAM CREDIT. (A) ALLOWANCE OF CREDIT. 50 A TAXPAYER WILL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN 51 SECTION THIRTY-FIVE OF THIS CHAPTER, AGAINST THE TAX IMPOSED BY THIS 52 ARTICLE. 53 (B) APPLICATION OF CREDIT. THE CREDIT ALLOWED UNDER THIS SUBDIVISION 54 FOR ANY TAXABLE YEAR MAY NOT REDUCE THE TAX DUE FOR SUCH YEAR TO LESS 55 THAN THE HIGHER OF THE AMOUNTS PRESCRIBED IN PARAGRAPHS (C) AND (D) OF 56 SUBDIVISION ONE OF THIS SECTION. HOWEVER, IF THE AMOUNT OF CREDIT
S. 2811--B 142 1 ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR REDUCES THE TAX TO 2 SUCH AMOUNT, ANY AMOUNT OF CREDIT THUS NOT DEDUCTIBLE IN SUCH TAXABLE 3 YEAR WILL BE TREATED AS AN OVERPAYMENT OF TAX TO BE CREDITED OR REFUNDED 4 IN ACCORDANCE WITH THE PROVISIONS OF SECTION ONE THOUSAND EIGHTY-SIX OF 5 THIS CHAPTER. PROVIDED, HOWEVER, THE PROVISIONS OF SUBSECTION (C) OF 6 SECTION ONE THOUSAND EIGHTY-EIGHT OF THIS CHAPTER NOTWITHSTANDING, NO 7 INTEREST WILL BE PAID THEREON. 8 S 3. Subparagraph (B) of paragraph 1 of subsection (i) of section 606 9 of the tax law is amended by adding a new clause (xxxii) to read as 10 follows: 11 (XXXII) COMMUNITY TRANSFORMATION AMOUNT OF CREDIT UNDER 12 PROGRAM CREDIT UNDER SUBSECTION SUBDIVISION FORTY-THREE 13 (SS) OF SECTION TWO HUNDRED TEN 14 OR UNDER SUBSECTION (X) 15 OF SECTION FOURTEEN HUNDRED 16 FIFTY-SIX 17 S 4. Section 606 of the tax law is amended by adding a new subsection 18 (ss) to read as follows: 19 (SS) COMMUNITY TRANSFORMATION PROGRAM CREDIT. (1) A TAXPAYER WILL BE 20 ALLOWED A CREDIT, TO THE EXTENT ALLOWED UNDER SECTION THIRTY-ONE OF THIS 21 CHAPTER, AGAINST THE TAX IMPOSED BY THIS ARTICLE. 22 (2) APPLICATION OF CREDIT. IF THE AMOUNT OF THE CREDIT ALLOWED UNDER 23 THIS SUBSECTION FOR ANY TAXABLE YEAR EXCEEDS THE TAXPAYER'S TAX FOR SUCH 24 YEAR, THE EXCESS WILL BE TREATED AS AN OVERPAYMENT OF TAX TO BE CREDITED 25 OR REFUNDED IN ACCORDANCE WITH THE PROVISIONS OF SECTION SIX HUNDRED 26 EIGHTY-SIX OF THIS ARTICLE, PROVIDED, HOWEVER, THAT NO INTEREST WILL BE 27 PAID THEREON. 28 S 5. Subdivision (a) of section 1119 of the tax law, as amended by 29 chapter 686 of the laws of 1986, and as further amended by section 15 of 30 part GG of chapter 63 of the laws of 2000, is amended to read as 31 follows: 32 (a) Subject to the conditions and limitations provided for herein, a 33 refund or credit shall be allowed for a tax paid pursuant to subdivision 34 (a) of section eleven hundred five or section eleven hundred ten (1) on 35 the sale or use of tangible personal property if the purchaser or user, 36 in the performance of a contract, later incorporates that tangible 37 personal property into real property located outside this state, (2) on 38 the sale or use of tangible personal property purchased in bulk, or any 39 portion thereof, which is stored and not used by the purchaser or user 40 within this state if that property is subsequently reshipped by such 41 purchaser or user to a point outside this state for use outside this 42 state, (3) on the sale to or use by a contractor or subcontractor of 43 tangible personal property if that property is used by him solely in the 44 performance of a pre-existing lump sum or unit price construction 45 contract, (4) on the sale or use within this state of tangible personal 46 property, not purchased for resale, if the use of such property in this 47 state is restricted to fabricating such property (including incorporat- 48 ing it into or assembling it with other tangible personal property), 49 processing, printing or imprinting such property and such property is 50 then shipped to a point outside this state for use outside this state, 51 (5) on the sale to or use by a veterinarian of drugs or medicine if such 52 drugs or medicine are used by such veterinarian in rendering services, 53 which are exempt pursuant to subdivision (f) of section eleven hundred 54 fifteen of this chapter, to livestock or poultry used in the production 55 for sale of tangible personal property by farming or if such drugs or 56 medicine are sold to a person qualifying for the exemption provided for
S. 2811--B 143 1 in paragraph (6) of subdivision (a) of section eleven hundred fifteen of 2 this chapter for use by such person on such livestock or poultry, [or] 3 (6) on the sale of tangible personal property purchased for use in 4 constructing, expanding or rehabilitating industrial or commercial real 5 property (other than property used or to be used exclusively by one or 6 more registered vendors primarily engaged in the retail sale of tangible 7 personal property) located in an area designated as an empire zone 8 pursuant to article eighteen-B of the general municipal law, but only to 9 the extent that such property becomes an integral component part of the 10 real property, OR (7) ON THE SALE OF TANGIBLE PERSONAL PROPERTY 11 PURCHASED FOR USE IN CONSTRUCTING, EXPANDING OR REHABILITATING INDUS- 12 TRIAL OR COMMERCIAL REAL PROPERTY (OTHER THAN PROPERTY USED OR TO BE 13 USED EXCLUSIVELY BY ONE OR MORE REGISTERED VENDORS PRIMARILY ENGAGED IN 14 THE RETAIL SALE OF TANGIBLE PERSONAL PROPERTY) LOCATED IN AN AREA DESIG- 15 NATED AS TRANSFORMATION COMMUNITY PURSUANT TO SECTION THIRTY-FIVE OF 16 THIS CHAPTER, BUT ONLY TO THE EXTENT THAT SUCH PROPERTY BECOMES AN INTE- 17 GRAL COMPONENT PART OF THE REAL PROPERTY. (For the purpose of clause 18 (3) of the preceding sentence, the term "pre-existing lump sum or unit 19 price construction contract" shall mean a contract for the construction 20 of improvements to real property under which the amount payable to the 21 contractor or subcontractor is fixed without regard to the costs 22 incurred by him in the performance thereof, and which (i) was irrevoca- 23 bly entered into prior to the date of the enactment of this article or 24 the enactment of a law increasing the rate of tax imposed under this 25 article, or (ii) resulted from the acceptance by a governmental agency 26 of a bid accompanied by a bond or other performance guaranty which was 27 irrevocably submitted prior to such date.) Where the tax on the sale or 28 use of such tangible personal property has been paid to the vendor, to 29 qualify for such refund or credit, such tangible personal property must 30 be incorporated into real property as required in clause (1) above, 31 reshipped as required in clause (2) above, used in the manner described 32 in clauses (3), (4), (5) [and], (6) AND (7) above within three years 33 after the date such tax was payable to the tax commission by the vendor 34 pursuant to section eleven hundred thirty-seven. Where the tax on the 35 sale or use of such tangible personal property was paid by the applicant 36 for the credit or refund directly to the tax commission, to qualify for 37 such refund or credit, such tangible personal property must be incorpo- 38 rated into real property as required in clause (1) above, reshipped as 39 required in clause (2) above, used in the manner described in clauses 40 (3), (4), (5) [and], (6) AND (7) above within three years after the date 41 such tax was payable to the tax commission by such applicant pursuant to 42 this article. An application for a refund or credit pursuant to this 43 section must be filed with such commission within the time provided by 44 subdivision (a) of section eleven hundred thirty-nine. Such application 45 shall be in such form as the tax commission may prescribe. Where an 46 application for credit has been filed, the applicant may immediately 47 take such credit on the return which is due coincident with or imme- 48 diately subsequent to the time that he files his application for credit. 49 However, the taking of the credit on the return shall be deemed to be 50 part of the application for credit and shall be subject to the 51 provisions in respect to applications for credit in section eleven 52 hundred thirty-nine as provided in subdivision (e) of such section. With 53 respect to a sale or use described in clause (3) above where a pre-ex- 54 isting lump sum or unit price construction contract was irrevocably 55 entered into prior to the date of the enactment of this article or the 56 bid accompanied by the performance guaranty was irrevocably submitted to
S. 2811--B 144 1 the governmental agency prior to such date, the purchaser or user shall 2 be entitled to a refund or credit only of the amount by which the tax on 3 such sale or use imposed under this article plus any tax imposed under 4 the authority of article twenty-nine exceeds the amount computed by 5 applying against such sale or use the local rate of tax, if any, in 6 effect at the time such contract was entered into or such bid was 7 submitted. 8 In the case of the enactment of a law increasing the rate of tax 9 imposed by this article, the purchaser or user shall be entitled only to 10 a refund or credit of the amount by which the increased tax on such sale 11 or use imposed under this article plus any tax imposed under the author- 12 ity of article twenty-nine exceeds the amount computed by applying 13 against such sale or use the state and local rates of tax in effect at 14 the time such contract was entered into or such bid was submitted. 15 S 6. Paragraphs 1 and 2 of subdivision (d) of section 1119 of the tax 16 law, as added by section 31 of part S-1 of chapter 57 of the laws of 17 2009, are amended to read as follows: 18 (1) Subject to the conditions and limitations provided for in this 19 section, a refund or credit will be allowed for taxes imposed on the 20 retail sale of tangible personal property described in subdivision (a) 21 of section eleven hundred five of this article, and on every sale of 22 services described in subdivisions (b) and (c) of such section, and 23 consideration given or contracted to be given for, or for the use of, 24 such tangible personal property or services, where such tangible 25 personal property or services are sold to a qualified empire zone enter- 26 prise OR QUALIFIED BUSINESS ENTITY, AS DEFINED IN PARAGRAPH FOUR OF 27 SUBDIVISION (A) OF SECTION THIRTY-FIVE OF THIS CHAPTER, provided that 28 (A) such tangible personal property or tangible personal property upon 29 which such a service has been performed or such service (other than a 30 service described in subdivision (b) of section eleven hundred five of 31 this article) is directly and predominantly, or such a service described 32 in clause (A) or (D) of paragraph one of such subdivision (b) of section 33 eleven hundred five of this article is directly and exclusively, used or 34 consumed by such enterprise OR BUSINESS ENTITY in an area designated as 35 an empire zone pursuant to article eighteen-B of the general municipal 36 law with respect to which such enterprise is certified pursuant to such 37 article eighteen-B OR IN A TRANSFORMATION COMMUNITY AS DEFINED IN PARA- 38 GRAPH ONE OF SUBDIVISION (A) OF SECTION THIRTY-FIVE OF THIS CHAPTER, or 39 (B) such a service described in clause (B) or (C) of paragraph one of 40 subdivision (b) of section eleven hundred five of this article is deliv- 41 ered and billed to such enterprise OR BUSINESS ENTITY at an address in 42 such empire zone OR TRANSFORMATION COMMUNITY, or (C) the enterprise's OR 43 ENTITY'S place of primary use of the service described in paragraph two 44 of such subdivision (b) of section eleven hundred five is at an address 45 in such empire zone OR TRANSFORMATION COMMUNITY; provided, further, 46 that, in order for a motor vehicle, as defined in subdivision (c) of 47 section eleven hundred seventeen of this article, or tangible personal 48 property related to such a motor vehicle to be found to be used predomi- 49 nantly in such a zone OR COMMUNITY, at least fifty percent of such motor 50 vehicle's use shall be exclusively within such zone OR COMMUNITY or at 51 least fifty percent of such motor vehicle's use shall be in activities 52 originating or terminating in such zone OR COMMUNITY, or both; and 53 either or both such usages shall be computed either on the basis of 54 mileage or hours of use, at the discretion of such enterprise OR ENTITY. 55 For purposes of this subdivision, tangible personal property related to 56 such a motor vehicle shall include a battery, diesel motor fuel, an
S. 2811--B 145 1 engine, engine components, motor fuel, a muffler, tires and similar 2 tangible personal property used in or on such a motor vehicle. 3 (2) Subject to the conditions and limitations provided for in this 4 section, a refund or credit will be allowed for taxes imposed on the 5 retail sale of, and consideration given or contracted to be given for, 6 or for the use of, tangible personal property sold to a contractor, 7 subcontractor or repairman for use in (A) erecting a structure or build- 8 ing of a qualified empire zone enterprise OR QUALIFIED BUSINESS ENTITY, 9 (B) adding to, altering or improving real property, property or land of 10 such an enterprise OR ENTITY or (C) maintaining, servicing or repairing 11 real property, property or land of such an enterprise OR ENTITY, as the 12 terms real property, property or land are defined in the real property 13 tax law; provided, however, no credit or refund will be allowed under 14 this paragraph unless such tangible personal property is to become an 15 integral component part of such structure, building, real property, 16 property or land located in an area designated as an empire zone pursu- 17 ant to article eighteen-B of the general municipal law in, and with 18 respect to which such enterprise is certified pursuant to such article 19 eighteen-B OR IN A TRANSFORMATION COMMUNITY AS DEFINED IN PARAGRAPH ONE 20 OF SUBDIVISION (A) OF SECTION THIRTY-FIVE OF THIS CHAPTER. 21 S 7. Section 1456 of the tax law is amended by adding a new subsection 22 (x) to read as follows: 23 (X) COMMUNITY TRANSFORMATION PROGRAM CREDIT. (1) ALLOWANCE OF CREDIT. 24 A TAXPAYER WILL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN 25 SECTION THIRTY-FIVE OF THIS CHAPTER, AGAINST THE TAX IMPOSED BY THIS 26 ARTICLE. 27 (2) THE CREDIT ALLOWED UNDER THIS SUBSECTION FOR ANY TAXABLE YEAR WILL 28 NOT REDUCE THE TAX DUE FOR SUCH YEAR TO LESS THAN THE MINIMUM TAX FIXED 29 BY PARAGRAPH THREE OF SUBSECTION (B) OF SECTION FOURTEEN HUNDRED FIFTY- 30 FIVE OF THIS ARTICLE. HOWEVER, IF THE AMOUNT OF CREDIT ALLOWED UNDER 31 THIS SUBSECTION FOR ANY TAXABLE YEAR REDUCES THE TAX TO SUCH AMOUNT, ANY 32 AMOUNT OF CREDIT THUS NOT DEDUCTIBLE IN SUCH TAXABLE YEAR WILL BE TREAT- 33 ED AS AN OVERPAYMENT OF TAX TO BE CREDITED OR REFUNDED IN ACCORDANCE 34 WITH THE PROVISIONS OF SECTION ONE THOUSAND EIGHTY-SIX OF THIS CHAPTER. 35 PROVIDED, HOWEVER, THE PROVISIONS OF SUBSECTION (C) OF SECTION ONE THOU- 36 SAND EIGHTY-EIGHT OF THIS CHAPTER NOTWITHSTANDING, NO INTEREST WILL BE 37 PAID THEREON. 38 S 8. Section 1511 of the tax law is amended by adding a new subdivi- 39 sion (aa) to read as follows: 40 (AA) COMMUNITY TRANSFORMATION PROGRAM CREDIT. (1) ALLOWANCE OF CREDIT. 41 A TAXPAYER WILL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN 42 SECTION THIRTY-FIVE OF THIS CHAPTER, AGAINST THE TAXES IMPOSED BY THIS 43 ARTICLE. 44 (2) APPLICATION OF CREDIT. THE CREDIT ALLOWED UNDER THIS SUBDIVISION 45 FOR ANY TAXABLE YEAR WILL NOT REDUCE THE TAX DUE FOR SUCH YEAR TO LESS 46 THAN THE MINIMUM TAX FIXED BY THIS ARTICLE. HOWEVER, IF THE AMOUNT OF 47 CREDIT ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR REDUCES THE 48 TAX TO SUCH AMOUNT, ANY AMOUNT OF CREDIT THUS NOT DEDUCTIBLE IN SUCH 49 TAXABLE YEAR WILL BE TREATED AS AN OVERPAYMENT OF TAX TO BE CREDITED OR 50 REFUNDED IN ACCORDANCE WITH THE PROVISIONS OF SECTION ONE THOUSAND 51 EIGHTY-SIX OF THIS CHAPTER. PROVIDED, HOWEVER, THE PROVISIONS OF 52 SUBSECTION (C) OF SECTION ONE THOUSAND EIGHTY-EIGHT OF THIS CHAPTER 53 NOTWITHSTANDING, NO INTEREST WILL BE PAID THEREON. 54 S 9. This act shall take effect immediately. 55 PART GG
S. 2811--B 146 1 Section 1. Subdivision 9 of section 602 of the racing, pari-mutuel 2 wagering and breeding law, as amended by chapter 115 of the laws of 3 2008, is amended and a new subdivision 15 is added to read as follows: 4 9. "Cost of corporation's functions." All costs and expenses incurred 5 by the corporation in connection with the performance of the functions 6 of the corporation, including, but not limited to, operating expenses of 7 the corporation, the cost of acquiring, constructing or equipping branch 8 offices and other facilities and premises of the corporation, [and 9 interest and principal on bonds,] notes or other obligations of the 10 corporation issued to finance the acquisition, construction or equipment 11 of such offices, facilities or premises. 12 15. "VENDOR OPERATOR." THE VENDOR OPERATOR SHALL BE SELECTED PURSUANT 13 TO THE PROVISIONS SET FORTH IN SECTION SIX HUNDRED TWENTY-FIVE OF THIS 14 ARTICLE AND SHALL BE RESPONSIBLE FOR THE ADMINISTRATION AND OPERATION OF 15 THE CORPORATION. 16 S 2. Section 603 of the racing, pari-mutuel wagering and breeding law, 17 as amended by chapter 115 of the laws of 2008, is amended to read as 18 follows: 19 S 603. New York city off-track betting corporation. 1. A corporation 20 to be known as the "New York city off-track betting corporation" is 21 hereby created. Such corporation shall be a body corporate and politic 22 constituting a public benefit corporation. It shall be [administered] 23 OVERSEEN by a board of directors consisting of five members, who may be 24 public officers, appointed by the governor for fixed terms as hereinaft- 25 er provided, one of whom shall be appointed on the recommendation of the 26 temporary president of the senate, and one of whom shall be appointed on 27 the recommendation of the speaker of the assembly. 28 2. THE TERMS OF ALL DIRECTORS SERVING A TERM THAT ENCOMPASSED JANUARY 29 TWENTY-FIFTH, TWO THOUSAND ELEVEN, SHALL BE DEEMED TO HAVE EXPIRED AND 30 NEW DIRECTORS SHALL BE APPOINTED. Of the directors, one shall be 31 appointed for a term ending on December thirty-first, two thousand 32 [nine] ELEVEN, one for a term ending on December thirty-first, two thou- 33 sand [ten] TWELVE, one for a term ending on December thirty-first, two 34 thousand [twelve] THIRTEEN, and the two directors appointed on the 35 recommendation of the temporary president of the senate and the speaker 36 of the assembly, for a term ending December thirty-first, two thousand 37 fourteen. Upon the expiration of such terms, the terms of office of 38 their successors shall be six years. Vacancies occurring otherwise than 39 by expiration of term shall be filled for the unexpired term. 40 3. The governor shall designate one of the directors to be chairman of 41 the board of directors and may at his pleasure, change his designation 42 of any such director to be chairman. 43 4. Each director shall continue to serve until the appointment and 44 qualification of his successor. 45 5. The directors shall be removable for cause by the governor, upon 46 charges and after a hearing. 47 6. The [powers] OVERSIGHT of the corporation shall be vested in and 48 exercised by the board at a meeting duly held at a time fixed by any 49 by-law adopted by the board, or at any duly adjourned meeting of such 50 meeting or at any meeting held upon reasonable notice to all of the 51 directors, or upon written waiver thereof, and a majority of the whole 52 number of directors shall constitute a quorum[; provided that neither 53 the business nor the powers of the corporation shall be transacted or 54 exercised except pursuant to the favorable vote of at least a majority 55 of the directors present at a meeting at which a quorum is in attend- 56 ance].
S. 2811--B 147 1 7. The board may delegate to one or more of the directors, officers, 2 agents or employees of the corporation such powers and duties as it may 3 deem proper. 4 8. The directors shall be reimbursed for their actual and necessary 5 expenses incurred in the performance of their official duties. 6 9. The directors may engage in outside employment or in a profession 7 or business EXCEPT AS AN EXECUTIVE OR LEGISLATIVE EMPLOYEE OR unless 8 otherwise prohibited from doing so by virtue of holding another public 9 office subject to the provisions of section seventy-three of the public 10 officers law. 11 10. The board shall hold an annual meeting. 12 11. The fiscal year of the corporation shall be the same as [that of 13 the city, provided, however, that the corporation shall have a nine 14 month fiscal year from July first, two thousand eight through March 15 thirty-first, two thousand nine, and then the fiscal year of the corpo- 16 ration shall be the same as] the state. 17 12. THE CORPORATION WILL BE ADMINISTERED BY THE VENDOR OPERATOR AND 18 THE POWERS OF THE CORPORATION SHALL BE VESTED IN THE VENDOR OPERATOR. 19 S 3. Section 617 of the racing, pari-mutuel wagering and breeding law 20 is amended to read as follows: 21 S 617. Exemption from taxation. [1.] The moneys and property of the 22 corporation and any property under its jurisdiction, control or super- 23 vision, and all of its activities and operations shall be exempt from 24 taxation. 25 [2. The state covenants with the purchasers of and with all subsequent 26 holders and transferees of bonds and notes issued by the corporation 27 pursuant to this article, in consideration of the acceptance of and 28 payment for the said bonds and notes, that the said bonds and notes and 29 the income therefrom, and all moneys, funds and revenue pledged to pay 30 or secure the payment of such bonds and notes shall at all time be free 31 from taxation, except for estate and gift taxes and taxes on transfers.] 32 S 4. The opening paragraph of section 621 of the racing, pari-mutuel 33 wagering and breeding law, as amended by chapter 115 of the laws of 34 2008, is amended to read as follows: 35 Within one hundred twenty days after the end of the fiscal year of the 36 corporation, the [directors thereof] VENDOR OPERATOR shall submit to the 37 governor, the legislature, the racing and wagering board and the state 38 comptroller a complete and detailed report setting forth: 39 S 5. The racing, pari-mutuel wagering and breeding law is amended by 40 adding a new section 625 to read as follows: 41 S 625. SELECTION OF VENDOR OPERATOR. 1. THE NEW YORK STATE RACING AND 42 WAGERING BOARD SHALL SUBMIT, WITHIN THIRTY DAYS AFTER THESE PROVISIONS 43 BECOME LAW, A REQUEST FOR PROPOSALS FROM QUALIFYING ENTITIES AS 44 DESCRIBED HEREIN FOR THE PURPOSE OF THE ADMINISTRATING OF THE CORPO- 45 RATION. THE ENTITY CHOSEN TO ADMINISTER THE CORPORATION SHALL ENTER INTO 46 A CONTRACT WITH THE STATE FOR A TERM OF TEN YEARS, WHICH MAY BE RENEWED 47 SUBJECT TO THE APPROVAL OF THE STATE RACING AND WAGERING BOARD AND THE 48 APPROVAL OF THE NEW YORK CITY OFF-TRACK BETTING BOARD OF DIRECTORS. 49 2. ELIGIBLE ENTITIES SHALL CONSIST OF INDIVIDUALS, PARTNERSHIPS OR 50 CORPORATIONS, PUBLIC OR PRIVATE, WHICH ARE REQUIRED AS PART OF THEIR 51 PROPOSAL TO SUBMIT AT LEAST ONE BUSINESS PLAN FOR THE RE-ESTABLISHMENT 52 AND CONTINUATION OF A PROFITABLE CORPORATION. IN AWARDING THE CONTRACT, 53 THE STATE RACING AND WAGERING BOARD MUST CONSIDER THE FOLLOWING CRITERIA 54 WITH RESPECT TO EACH APPLICANT: ITS EXPERIENCE IN MANAGING SUCCESSFUL 55 BUSINESS ENTERPRISES, ITS EXPERIENCE IN THE RACING INDUSTRY, ITS EXPERI- 56 ENCE IN THE PARI-MUTUEL AND/OR OFF-TRACK BETTING INDUSTRIES, ITS EXPERI-
S. 2811--B 148 1 ENCE IN THE ENTERTAINMENT INDUSTRY, THE FEASIBILITY OF ITS PROPOSED 2 BUSINESS PLAN OR PLANS, AND ITS COMMITMENT TO USE ITS BEST EFFORTS TO 3 SUPPORT THE VIABILITY OF OFF-TRACK BETTING IN THE CITY OF NEW YORK AS 4 WELL AS THE RACING INDUSTRY THROUGHOUT THE STATE. 5 3. ALL BUSINESS PLANS SUBMITTED BY AN ENTITY MUST INCLUDE PROVISIONS 6 FOR PRIORITY FOR CONSIDERATION FOR EMPLOYMENT BY ANY FORMER EMPLOYEE OF 7 THE CORPORATION WHOSE EMPLOYMENT TERMINATED OTHER THAN FOR CAUSE, BY 8 RETIREMENT, OR WITH A SEVERANCE AWARD. SUCH PLANS MUST ALSO PROVIDE FOR 9 REPRESENTATION OF OFF-TRACK BETTING BRANCH OFFICES, OR AN EQUIVALENT, IN 10 ALL OF THE BOROUGHS OF THE CITY OF NEW YORK, WITH PREFERENCE GIVEN FOR 11 BUSINESS PLANS THAT HAVE AT LEAST THREE FACILITIES IN EACH BOROUGH AND 12 THAT MAINTAIN THE SAME RATIO OF ACCESS TO OFF-TRACK BETTING FACILITIES 13 AS WAS PREVIOUSLY PROVIDED BY THE CORPORATION PRIOR TO DECEMBER FIRST, 14 TWO THOUSAND TEN. 15 4. THE STATE RACING AND WAGERING BOARD SHALL MAKE PUBLIC ITS PRELIMI- 16 NARY SELECTION OF THE VENDOR OPERATOR NO LATER THAN THREE MONTHS AFTER 17 THE SUBMISSION OF THE REQUEST FOR PROPOSALS, AND ALLOW FOR TWO WEEKS FOR 18 PUBLIC COMMENT. THE FINAL SELECTION AND THE CONTRACT BETWEEN THE VENDOR 19 AND THE STATE MUST BE FINALIZED WITHIN THIRTY DAYS OF THE PRELIMINARY 20 SELECTION, BUT NO SOONER THAN THE END OF THE TWO WEEK PUBLIC COMMENT 21 PERIOD. 22 5. THE SELECTION OF VENDOR MAY BE REVOKED AND CANCELLED BY THE STATE 23 RACING AND WAGERING BOARD FOR A MATERIAL BREACH OF CONTRACT OR FOR A 24 VIOLATION OF THE RULES OF THE STATE RACING AND WAGERING BOARD OR IF SUCH 25 VENDOR OR ITS OFFICERS OR DIRECTORS SHALL KNOWINGLY VIOLATE THE 26 PROVISIONS OF THIS CHAPTER OR OF THE PENAL LAW. THE ACTION OF THE STATE 27 RACING AND WAGERING BOARD IN REVOKING THE SELECTION SHALL BE REVIEWABLE 28 IN THE SUPREME COURT IN THE MANNER PROVIDED BY AND SUBJECT TO THE 29 PROVISIONS OF ARTICLE SEVENTY-EIGHT OF THE CIVIL PRACTICE LAW AND RULES. 30 6. FOR CONTRACTS IN EXCESS OF ONE HUNDRED THOUSAND DOLLARS, ENTERED 31 INTO BY THE VENDOR FOR THE PROCUREMENT OF GOODS OR SERVICES, THE BOARD 32 MAY REVIEW THE CHARACTER AND FITNESS OF THE ENTITY OR ITS PRINCIPALS 33 ENTERING INTO CONTRACTS WITH THE VENDOR. 34 S 6. Clause (E) of subparagraph 5 and clause (F) of subparagraph 6 of 35 paragraph b of subdivision 1 of section 1016 of the racing, pari-mutuel 36 wagering and breeding law, as amended by chapter 18 of the laws of 2008, 37 are amended to read as follows: 38 (E) On days when a franchised corporation is not conducting a race 39 meeting and when a licensed harness track is neither accepting wagers 40 nor displaying the signal from an in-state thoroughbred corporation or 41 association or an out-of-state thoroughbred track: 42 (i) Such licensed regional harness track shall receive in lieu of any 43 other payments on wagers placed at off-track betting facilities outside 44 the special betting district on races conducted by an in-state thorough- 45 bred racing corporation, [two and eight-tenths] ONE AND FOUR-TENTHS 46 percent on regular and multiple bets during a regional meeting and [one 47 and nine-tenths] NINETY-FIVE HUNDREDTHS percent of such bets if there is 48 no regional meeting and [four and eight-tenths] TWO AND FOUR-TENTHS 49 percent on exotic bets on days on which there is a regional meeting and 50 [three and four-tenths] ONE AND SEVEN-TENTHS percent of such bets if 51 there is no regional meeting. 52 (ii) Such licensed regional harness track shall receive [one and one- 53 half] SEVENTY-FIVE HUNDREDTHS per centum on total regional handle on 54 races conducted at out-of-state or out-of-country thoroughbred tracks. 55 (iii) In those regions in which there is more than one licensed 56 regional harness track, if no track is accepting wagers or displaying
S. 2811--B 149 1 the live simulcast signal from the out-of-state track, the total sum 2 shall be divided among the tracks in proportion to the ratio the wagers 3 placed on races conducted by each track bears to the corporation's total 4 in-region harness handle. If one or more tracks are accepting wagers or 5 displaying the live simulcast signal, the total amount shall be divided 6 among those tracks not accepting wagers or displaying the simulcast 7 signal for an out-of-state track or in-state thoroughbred corporation or 8 association. 9 (F) Of the sums retained by a licensed harness facility, [fifty] ONE 10 HUNDRED percent shall be used exclusively for purses awarded in races 11 conducted by such licensed facility [and the remaining fifty percent 12 shall be retained by such licensed facility for its general purposes, 13 provided, however, that in a harness special betting district the 14 portion of the sums retained by a licensed harness facility to be used 15 for purses or the methodology for calculating the amount to be used for 16 purses may be specified in a written contract between a harness racing 17 association or corporation and its representative horsemen's associ- 18 ation]. 19 S 7. Section 1017 of the racing, pari-mutuel wagering and breeding 20 law, as amended by chapter 18 of the laws of 2008, is amended to read as 21 follows: 22 S 1017. Out-of-state or out-of-country races. 1. Licensed simulcast 23 facilities may accept wagers and display the signal of out-of-state or 24 out-of-country thoroughbred tracks after 7Labor P.M. in accordance with 25 the provisions of this section. Such simulcasting may include mixed 26 meetings if such meetings are integral to such racing programs and all 27 such wagering on such races shall be construed to be thoroughbred races. 28 For facilities located within the special betting district, such 29 approval shall also be required from a thoroughbred racing corporation 30 during the period a racing program is being conducted at such track. 31 Such approval shall not be required on any day such thoroughbred racing 32 corporation is also accepting an out-of-state or out-of-country signal 33 and wager, as authorized by this section. The provisions of section one 34 thousand sixteen of this article shall be applicable to the conduct of 35 such simulcasting and the provisions of clauses (A) and (B) of subpara- 36 graph four of paragraph b of subdivision one of section one thousand 37 sixteen of this article shall apply to those facilities licensed in 38 accordance with sections one thousand eight and one thousand nine of 39 this article and the provisions of clauses (A) and (B) of subparagraph 40 six of paragraph b of subdivision one of section one thousand sixteen of 41 this article shall apply to those facilities licensed in accordance with 42 section one thousand seven of this article, when such provisions are in 43 full force and effect pursuant to such section. Provided, however, the 44 provisions of section one thousand fourteen of this article shall be 45 applicable to the conduct of such simulcasting, when such provisions are 46 in full force and effect pursuant to such section. 47 2. a. Maintenance of effort. Any off-track betting corporation which 48 engages in accepting wagers on the simulcasts of thoroughbred races from 49 out-of-state or out-of-country as permitted under subdivision one of 50 this section shall submit to the board, for its approval, a schedule of 51 payments to be made in any year or portion thereof, that such off-track 52 corporation engages in nighttime thoroughbred simulcasting. In order to 53 be approved by the board, the payment schedule shall be identical to the 54 actual payments and distributions of such payments to [tracks and] purs- 55 es made by such off-track corporation pursuant to the provisions of 56 section one thousand fifteen of this article during the year two thou-
S. 2811--B 150 1 sand two, as derived from out-of-state harness races displayed after 2 6:00 P.M. If approved by the board, such scheduled payments shall be 3 made from revenues derived from any simulcasting conducted pursuant to 4 this section and section one thousand fifteen of this article. 5 b. Additional payments. During each calendar year, to the extent, and 6 at such time in the event, that aggregate statewide wagering handle 7 after 7Labor P.M. on out-of-state and out-of-country thoroughbred races 8 exceeds one hundred million dollars, each off-track betting corporation 9 conducting such simulcasting shall pay to its regional harness track or 10 tracks, an amount equal to [two] ONE percent of its proportionate share 11 of such excess handle. In any region where there are two or more 12 regional harness tracks, such two percent shall be divided between or 13 among the tracks in a proportion equal to the proportion of handle on 14 live harness races conducted at such tracks during the preceding calen- 15 dar year. [Fifty percent of the] THE sum received by each track pursuant 16 to this paragraph shall be used exclusively for increasing purses, 17 stakes and prizes at that regional harness track. 18 S 8. Subdivision 2 of section 529 of the racing, pari-mutuel wagering 19 and breeding law is amended to read as follows: 20 2. [Ninety-five percent of the balance of such account remaining 21 unclaimed as of the last day of February of such year shall be paid to 22 the state tax commission by March fifteenth. On or before April tenth of 23 each year the balance of such account and any other unclaimed amounts 24 received in the course of conducting off-track betting shall be paid by 25 such corporation to the state tax commission. A penalty of five percent 26 and interest at the rate of one percent per month from the due date to 27 the date of payment of the unclaimed balance due March fifteenth or 28 April tenth, as the case may be, shall be payable in case such balance 29 is not paid when due. Such amounts, interest and penalties when 30 collected by the state tax commission shall be deposited into the gener- 31 al fund of the state treasury] ON APRIL FIRST OF EACH YEAR, THE AMOUNT 32 OF TICKETS REMAINING UNCLAIMED FROM THE PRIOR YEAR MAY BE USED FOR 33 CORPORATE PURPOSES. 34 S 9. Section 509-a of the racing, pari-mutuel wagering and breeding 35 law, as added by chapter 681 of the laws of 1989 and the opening para- 36 graph as amended by chapter 346 of the laws of 1990, is amended to read 37 as follows 38 S 509-a. Capital acquisition fund. The corporation may create and 39 establish a capital acquisition fund for the purpose of financing the 40 acquisition, construction or equipping of offices, facilities or prem- 41 ises of the corporation. SUCH FUNDS MAY ALSO BE EXPENDED FOR THE RENO- 42 VATION OF ANY PROPERTIES, OR COSTS ASSOCIATED WITH THE CLOSURE OF ANY 43 FACILITIES, AND ANY INVESTMENT OR FUNDING NECESSARY TO EFFECTUATE A 44 SHARED SERVICES OR JOINT VENTURE PLAN WITH ANY OTHER PRIVATE OR PUBLIC 45 CORPORATION. Such capital acquisition fund shall consist of (i) the 46 amounts specified pursuant to subdivision three-a of section five 47 hundred thirty-two of this chapter; and (ii) contributions from the 48 corporation's pari-mutuel wagering pools, subject to the following limi- 49 tations: 50 (1) no contribution shall exceed the amount of one percent of the 51 total pari-mutuel wagering pools for the quarter in which the contrib- 52 ution is made; 53 (2) no contribution shall reduce the amount of quarterly net revenues, 54 exclusive of surcharge revenues, to an amount less than fifty percent of 55 such net revenues; and
S. 2811--B 151 1 (3) the balance of the fund shall not exceed the lesser of one percent 2 of total pari-mutuel wagering pools for the previous twelve months or 3 the undepreciated value of the corporation's offices, facilities and 4 premises. 5 S 10. Notwithstanding the foregoing, all funds accumulated in the 6 Suffolk regional off-track betting corporation capital acquisition fund, 7 established pursuant to section 509-a of the racing, pari-mutuel wager- 8 ing and breeding law, prior to January 1, 2011 or deposited into such 9 fund thereafter shall be made available to the Suffolk regional off- 10 track betting corporation for any corporate purpose under this act. 11 S 11. Subdivision 7 of section 532 of the racing, pari-mutuel wagering 12 and breeding law, as added by chapter 115 of the laws of 2008, is 13 amended to read as follows: 14 7. Notwithstanding any other provision of this section, any payments 15 otherwise payable to a city with a population of one million or more, 16 pursuant to this section, [other than payments pursuant to subparagraphs 17 (i) and (iii) of paragraph b of subdivision three of this section, shall 18 be payable to the corporation and shall be available for its corporate 19 purposes] SHALL PAY REMAINING AMOUNTS TO THE COMPTROLLER OF THE STATE OF 20 NEW YORK FOR DEPOSIT IN THE NEW YORK CITY OFF-TRACK BETTING CORPORATION 21 FUND. 22 S 12. Subdivision 2 of section 610 of the racing, pari-mutuel wagering 23 and breeding law, as amended by chapter 115 of the laws of 2008, is 24 amended to read as follows: 25 2. All moneys due the city pursuant to article five-A of this chapter 26 shall be paid to the New York city [comptroller] OFF-TRACK BETTING 27 CORPORATION FUND. 28 S 13. Subdivision 6 of section 527 of the racing, pari-mutuel wagering 29 and breeding law, as amended by chapter 115 of the laws of 2008, is 30 amended to read as follows: 31 6. The net amount remaining to each regional corporation after payment 32 of taxes and distributions pursuant to this section and after payment of 33 operating expenses and principal and interest on any obligations shall, 34 in the case of the New York city off-track betting corporation, be 35 retained by the corporation, and in the case of other regional corpo- 36 rations shall accrue and be payable to participating counties pursuant 37 to section five hundred sixteen of this chapter; provided, however, that 38 the [New York city off-track betting corporation] VENDOR OPERATOR, after 39 payment of all current taxes and distributions shall use such net amount 40 to pay all [liabilities] OPERATING EXPENSES of such corporation [as of 41 the effective date of the chapter of the laws of two thousand eight 42 which amended this subdivision], and at such time as all [liabilities] 43 OPERATING EXPENSES have been paid, such [corporation] VENDOR OPERATOR 44 shall pay ANY remaining amounts to the comptroller of the state of New 45 York for deposit in the [general fund of the state] NEW YORK CITY 46 OFF-TRACK BETTING CORPORATION FUND. 47 S 14. The racing, pari-mutuel wagering and breeding law is amended by 48 adding a new section 626 to read as follows: 49 S 626. VENDOR OPERATOR FEE. AS CONSIDERATION FOR THE OPERATION OF THE 50 CORPORATION, THE COMPTROLLER SHALL PAY A VENDOR FEE IN EXCHANGE FOR THE 51 DAILY OPERATIONS AND CAPITALIZATION OF A NEW YORK CITY OFF-TRACK BETTING 52 OPERATION TO BE PAID AS FOLLOWS: IF THE ANNUAL DEPOSIT INTO THE NEW 53 YORK CITY OFF-TRACK BETTING CORPORATION FUND IS LESS THAN TWO AND 54 ONE-HALF MILLION DOLLARS, THE VENDOR OPERATOR SHALL RECEIVE ONE HUNDRED 55 PERCENT OF THE ANNUAL DEPOSITS; IF THE ANNUAL DEPOSIT INTO THE NEW YORK 56 CITY OFF-TRACK BETTING CORPORATION FUND IS LESS THAN OR EQUAL TO TEN
S. 2811--B 152 1 MILLION DOLLARS, THE VENDOR OPERATOR SHALL BE PAID TWO AND ONE-HALF 2 MILLION DOLLARS AND THE REMAINING FUNDS SHALL BE DEPOSITED TO THE STATE 3 GENERAL FUND; IF THE ANNUAL DEPOSIT IS MORE THAN TEN MILLION DOLLARS, 4 THE VENDOR OPERATOR SHALL BE PAID TWENTY-FIVE PERCENT OF THE TOTAL ANNU- 5 AL DEPOSITS AND THE REMAINING FUNDS SHALL BE DEPOSITED TO THE STATE 6 GENERAL FUND. 7 S 15. The state finance law is amended by adding a new section 97-kkkk 8 to read as follows: 9 S 97-KKKK. NEW YORK CITY OFF-TRACK BETTING CORPORATION FUND. 1. THERE 10 IS HEREBY ESTABLISHED IN THE CUSTODY OF THE COMPTROLLER, A SPECIAL FUND 11 TO BE KNOWN AS THE "NEW YORK CITY OFF-TRACK BETTING CORPORATION FUND". 12 2. SUCH FUND SHALL CONSIST OF ALL MONIES RECEIVED BY THE STATE PURSU- 13 ANT TO SUBDIVISIONS ONE AND SIX OF SECTION FIVE HUNDRED TWENTY-SEVEN AND 14 SUBDIVISION SEVEN OF SECTION FIVE HUNDRED THIRTY-TWO OF THE RACING, 15 PARI-MUTUEL WAGERING AND BREEDING LAW. ANY INTEREST EARNED BY THE 16 INVESTMENT OF MONEYS IN SUCH FUND SHALL BE ADDED TO SUCH FUND, BECOME A 17 PART OF SUCH FUND, AND BE USED FOR THE PURPOSE OF SUCH FUND. 18 3. MONEYS OF THE NEW YORK CITY OFF-TRACK BETTING CORPORATION FUND 19 SHALL BE MADE AVAILABLE TO THE COMPTROLLER FOR THE PURPOSE OF PAYING THE 20 NEW YORK CITY OFF-TRACK BETTING VENDOR OPERATOR FEE DISTRIBUTED ACCORD- 21 ING TO SECTION SIX HUNDRED TWENTY-SIX OF THE RACING, PARI-MUTUEL WAGER- 22 ING AND BREEDING LAW; ALL REMAINING MONEY SHALL BE DISBURSED INTO THE 23 STATE GENERAL FUND. 24 S 16. The racing, pari-mutuel wagering and breeding law is amended by 25 adding a new section 113 to read as follows: 26 S 113. TELEPHONE AND INTERNET WAGERING. THE STATE RACING AND WAGERING 27 BOARD SHALL DETERMINE WHETHER ELIMINATING OR REGULATING THE AUTHORITY OF 28 OUT-OF-STATE ENTITIES TO ACCEPT TELEPHONE AND/OR INTERNET WAGERING FROM 29 NEW YORK STATE RESIDENTS PLACED WHILE IN NEW YORK STATE, WOULD BE 30 CONSISTENT WITH THE OBJECTIVES OF OFF-TRACK PARI-MUTUEL BETTING AS 31 DEFINED IN SECTION FIVE HUNDRED EIGHTEEN OF THIS CHAPTER, AND IF SO 32 DETERMINED, THE STATE RACING AND WAGERING BOARD SHALL ESTABLISH SUCH 33 GENERAL REGULATIONS TO ELIMINATE OR REGULATE THE PRACTICE OF 34 OUT-OF-STATE ENTITIES OF ACCEPTING SUCH WAGERS. 35 S 17. Subdivision 4 of section 606 of the racing, pari-mutuel wagering 36 and breeding law, as amended by chapter 115 of the laws of 2008, is 37 amended to read as follows: 38 4. All [employees and officers] PRESENT AND FUTURE RETIREES of the 39 corporation in classes or positions whose incumbents, in equivalent 40 classes or positions of the city, are eligible, as of the effective date 41 hereof, to participate in, and receive benefits from any city authorized 42 health insurance or welfare benefit program, shall be eligible to 43 participate in, and receive benefits from any such health insurance or 44 welfare benefit program; provided, however, that the [corporation] STATE 45 shall reimburse the city or its designee for the actual cost of benefits 46 under this subdivision. 47 S 18. Subdivisions 4 and 5 of section 610 of the racing, pari-mutuel 48 wagering and breeding law are REPEALED. 49 S 19. Section 611 of the racing, pari-mutuel wagering and breeding law 50 is REPEALED. 51 S 20. Section 612 of the racing, pari-mutuel wagering and breeding law 52 is REPEALED. 53 S 21. Section 613 of the racing, pari-mutuel wagering and breeding law 54 is REPEALED. 55 S 22. Section 614 of the racing, pari-mutuel wagering and breeding law 56 is REPEALED.
S. 2811--B 153 1 S 23. Section 616 of the racing, pari-mutuel wagering and breeding law 2 is REPEALED. 3 S 24. Section 620 of the racing, pari-mutuel wagering and breeding law 4 is REPEALED. 5 S 25. This act shall take effect immediately; provided however that 6 section ten of this act shall expire and be deemed repealed June 30, 7 2014. 8 S 2. Severability clause. If any clause, sentence, paragraph, subdivi- 9 sion, section or part of this act shall be adjudged by any court of 10 competent jurisdiction to be invalid, such judgment shall not affect, 11 impair, or invalidate the remainder thereof, but shall be confined in 12 its operation to the clause, sentence, paragraph, subdivision, section 13 or part thereof directly involved in the controversy in which such judg- 14 ment shall have been rendered. It is hereby declared to be the intent of 15 the legislature that this act would have been enacted even if such 16 invalid provisions had not been included herein. 17 S 3. This act shall take effect immediately provided, however, that 18 the applicable effective date of Parts A through GG of this act shall be 19 as specifically set forth in the last section of such Parts.