Bill Text: NY A08265 | 2013-2014 | General Assembly | Introduced
Bill Title: Provides that ten percent of all city and state sales tax revenues raised at events on state or city park land in NYC shall be returned to the originating park.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2014-06-17 - held for consideration in ways and means [A08265 Detail]
Download: New_York-2013-A08265-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 8265 2013-2014 Regular Sessions I N A S S E M B L Y November 20, 2013 ___________ Introduced by M. of A. LENTOL -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to allocating tax revenue raised at events on state or city park land THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. The tax law is amended by adding new section 1260-a to read 2 as follows: 3 S 1260-A. REVENUES RESULTING FROM TAXES ADMINISTERED AT EVENTS ON 4 STATE OR CITY PARK LAND IN NEW YORK CITY. TEN PERCENT OF ALL SALES TAX 5 REVENUE RESULTING FROM THE IMPOSITION OF TAXES ADMINISTERED AT EVENTS ON 6 STATE OR CITY PARK LAND IN NEW YORK CITY SHALL BE PAID INTO THE TREASURY 7 OF SUCH CITY IMPOSING THE TAX AND SHALL BE CREDITED TO AND DESIGNATED 8 FOR USE ONLY FOR SUCH PARK AT WHICH THE REVENUE WAS RAISED. 9 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11975-01-3