New York Assembly Bill A05470 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 5470 2023-2024 Regular Sessions  IN ASSEMBLY March 10, 2023 ___________ Introduced by M. of A. MITAYNES, KIM, MAMDANI, GALLAGHER, FORREST, REYES, SEAWRIGHT -- read once and referred to the Committee on Ways and Means CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY repealing section 3 of article 16 of the constitution, relating to the taxation of moneys, credits, securities and other intangible personal property in the state that is not employed in carrying on any business therein 1 Section 1. Resolved (if the Senate concur), That section 3 of article 2 16 of the constitution is REPEALED. 3 § 2. Resolved (if the Senate concur), That the foregoing amendments 4 be referred to the first regular legislative session convening after the 5 next succeeding general election of members of the assembly, and, in 6 conformity with section 1 of article 19 of the constitution, be 7 published for 3 months previous to the time of such election. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD89039-01-3