Int 0521-2003
Disallowing deductions under the unincorporated business tax.
IntroductionEnactedCommittee on Financeintroduced 2003-06-25Local Law 2003/053
Enacted as Local Law 2003/053.
Official record · Legistar
Agenda: 2003-06-25Passed: 2003-07-16Enacted: 2003-07-16
Committee on Finance — Executive Budget review and Budget modification, Banking Commission, Comptroller's Office, Department of Finance, Independent Budget Office, Office of Administrative Tax Appeal, and fiscal policy and revenue from any source.
How it compares
60% of similar bills passed
30 passed · 20 died
This bill: 1 days in committee
Similar bills: median 54 days · 16 days when passed
Compared against 50 Introduction bills in Committee on Finance.
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Sponsors (6)
Lifecycle
IntroducedIntroduced by Council
2003-06-25 · City Council
ActionReferred to Comm by Council
2003-06-25 · City Council
HeardHearing Held by Committee
2003-06-27 · Committee on Finance
AdvancedApproved by Committee
2003-06-27 · Committee on Finance
AdvancedApproved by Council
2003-06-27 · City Council
ActionSent to Mayor by Council
2003-06-27 · City Council
HeardHearing Held by Mayor
2003-07-16 · Mayor
AdvancedSigned Into Law by Mayor
2003-07-16 · Mayor
ActionRecved from Mayor by Council
2003-07-18 · City Council
Votes (19)
Aye (18)
David I. WeprinTracy L. BoylandMargarita LopezMadeline T. ProvenzanoChristine C. QuinnEva S. MoskowitzJoel RiveraLeroy G. Comrie, Jr.Bill De BlasioLewis A. FidlerRobert JacksonMichael E. McMahonHelen SearsGale A. BrewerSimcha FelderBill PerkinsDennis P. GallagherJames S. Oddo
Absent (1)
Michael C. Nelson
Heard at (3)
City Council · 2003-06-27 · 2:00 PM · Council Chambers - City Hall
Committee on Finance · 2003-06-27 · 11:45 AM · Committee Room - City Hall
City Council · 2003-06-25 · 1:30 PM · Council Chambers - City Hall
Attachments (5)
- Committee Report
- Hearing Transcript
- Local Law
- Hearing Transcript - Stated Meeting 6/27
- Fiscal Impact Statement
Full text
Be it enacted by the Council as follows:
Section 1. Subdivision (n) of section 11-501 of the administrative code of the city of New York is REPEALED.
�2. Section 11-506 of the administrative code of the city of New York is amended by adding a new subdivision (f) to read as follows:
(f) To determine related members expense and income exclusions and add backs refer to paragraph (n) of subdivision eight of section 11-602 of this title.
�3. This act shall take effect on the same date and in the same manner as part N of a chapter of the laws of 2003, amending the tax law and other laws relating to the imposition of certain taxes in the city of New York, as proposed in legislative bill numbers S. 4968 and A. 8388, takes effect.
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