Exempts hospitals from the metropolitan commuter transportation mobility tax.
BILL NUMBER:S2467 REVISED 1/28/13
TITLE OF BILL: An act to amend the tax law, in relation to exempting hospitals from the metropolitan commuter transportation mobility tax
PURPOSE: Exempts hospitals from the metropolitan commuter transportation mobility tax.
SUMMARY OF SPECIFIC PROVISIONS:
Section one amends paragraph three and four of subsection eight-hundred of the tax law, paragraph three as amended and adds a new paragraph five.
Section two is the effective date.
JUSTIFICATION: Chapter 56 of the Laws of 2011 exempted public and non-public schools, employers with total payroll expenses less than $1..25 million, and self-employed taxpayers with business income less than $50,000 from the MIA payroll tax. The measure did not include hospitals, a vital sector of the economy.
This legislation seeks to add hospitals to the list of institutions that are exempt from the MTA payroll tax. Hospitals promote health and wellness while employing many hardworking New Yorkers. By exempting hospitals from the MTA payroll tax, we would be saving hospitals money that could be used in providing quality, affordable health care for patients.
LEGISLATIVE HISTORY: 2012: S.6461 - Referred to Investigations/A.10436 - Referred to Ways & Means
FISCAL IMPLICATIONS: Undetermined.
EFFECTIVE DATE: This act shall take effect on the first of April next succeeding the date on which it shall have become a law.
STATE OF NEW YORK ________________________________________________________________________ 2467 2013-2014 Regular Sessions IN SENATE January 17, 2013 ___________Introduced by Sen. LANZA -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to exempting hospitals from the metropolitan commuter transportation mobility tax THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraphs 3 and 4 of subsection (b) of section 800 of the tax law, paragraph 3 as amended and paragraph 4 as added by section 1 of part B of chapter 56 of the laws of 2011, are amended and a new para- graph 5 is added to read as follows: (3) an interstate agency or public corporation created pursuant to an agreement or compact with another state or the Dominion of Canada;
[or](4) [Any]ANY eligible educational institution. [An "eligible]"ELIGI- BLE educational institution" shall mean any public school district, a board of cooperative educational services, a public elementary or secondary school, a school approved pursuant to article eighty-five or eighty-nine of the education law to serve students with disabilities of school age, or a nonpublic elementary or secondary school that provides instruction in grade one or above [.]; OR (5) ANY HOSPITAL, AS DEFINED IN ARTICLE TWENTY-EIGHT OF THE PUBLIC HEALTH LAW. S 2. This act shall take effect on the first of April next succeeding the date on which it shall have become a law.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05561-01-3