New York A 1501: Establishes a New York state internet marketplace sales tax task force

Bill Text

STATE OF NEW YORK
        ________________________________________________________________________
                                          1501
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    January 15, 2019
                                       ___________
        Introduced  by  M.  of  A.  VANEL,  ORTIZ, DenDEKKER, D'URSO, B. MILLER,
          BLAKE, RAIA, MOSLEY, RIVERA -- read once and referred to the Committee
          on Ways and Means
        AN ACT establishing the New York state marketplace sales tax task  force
          on  the  effects  of  the  implementation of a New York state internet
          marketplace sales tax
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  1. The department of financial services is hereby author-
     2  ized to establish the New York state internet marketplace sales tax task
     3  force to provide the governor and the legislature  with  information  on
     4  the potential effects of an internet marketplace sales tax in the state.
     5    2. The task force shall be comprised of:
     6    a. two members appointed by the governor;
     7    b. two members appointed by the temporary president of the senate;
     8    c. two members appointed by the speaker of the assembly;
     9    d. one member appointed by the minority leader of the senate;
    10    e. one member appointed by the minority leader of the assembly; and
    11    f.  two  members  appointed by the superintendent of the department of
    12  financial services.
    13    3. The task force shall:
    14    a. examine and evaluate internet marketplaces within the state;
    15    b. identify the potential effects of the implementation of a sales tax
    16  on internet marketplaces; and
    17    c. make recommendations to further  expand  sales  taxes  on  internet
    18  marketplaces within the state.
    19    4.  Such  task force shall collaborate with state and city of New York
    20  agencies including, but not limited to, the department of  taxation  and
    21  finance and the department of finance of the city of New York.
    22    5.  The  department of financial services shall submit a report, on or
    23  before January 1, 2021, to the governor and the legislature of its find-
    24  ings, conclusions and recommendations, and  legislative  and  regulatory
    25  proposals deemed necessary to implement such recommendations.
    26    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in  (underscored) is new; matter in bracketsitalics
                              [] is old law to be omitted. 
                                                                   LBD01286-01-9