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5461 2011-2012 Regular Sessions I N S E N A T E May 24, 2011 ___________ Introduced by Sen. GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Cities AN ACT to amend the administrative code of the city of New York, in relation to the financial institution data match system for tax collection purposes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Paragraph (b) of subdivision 2 of section 11-130 of the 2 administrative code of the city of New York, as added by chapter 201 of 3 the laws of 2009, is amended to read as follows: 4 (b) Each financial institution doing business in the [city] STATE OF 5 NEW YORK shall, in conjunction with the commissioner or the commission- 6 er's authorized designee, develop and operate a data match system to 7 facilitate the identification and seizure of non-exempt financial assets 8 of tax debtors identified by the commissioner or the commissioner's 9 authorized designee. If a financial institution has a data match system 10 developed or used to administer the child support enforcement programs 11 of this state, and if that system is approved by the commissioner or the 12 commissioner's authorized designee, the financial institution may use 13 that system to comply with the provisions of this section. 14 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11553-01-1