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Bill > S08528


NY S08528

NY S08528
Provides that receipts from other services and other business receipts, taxpayers, and combined groups including members, engaged in providing professional employer organization services shall include with such receipts amounts received with respect to wages, benefits, and other employee expenses disbursed to or for the benefit of a client's worksite employees and the related employment taxes if the amounts received are included in the calculation of the business income base or the combined busi


summary

Introduced
02/08/2024
In Committee
05/14/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to taxpayers, and combined groups including members, engaged in providing professional employer organization services

AI Summary

This bill amends the tax law to provide that taxpayers and combined groups, including members, engaged in providing professional employer organization (PEO) services shall include with their receipts the amounts received with respect to wages, benefits, and other employee expenses disbursed to or for the benefit of a client's worksite employees, as well as the related employment taxes, if these amounts are included in the calculation of the business income base or the combined business income base, respectively.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REPORTED AND COMMITTED TO FINANCE (on 05/14/2024)

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