Bill > A03266

This bill establishes a tax credit for bar and restaurant owners who were fined for violating COVID-19 pandemic-related executive orders between March 15, 2020, and April 15, 2021. Specifically, the bill allows taxpayers to receive a credit against their state taxes equal to the amount of any fine they were levied during this period for violating Executive Order 202 or subsequent orders related to restaurant and bar operations during the pandemic. The credit applies to tax years beginning in 2020 and ending before 2026, and if the credit amount exceeds the taxpayer's tax liability for a given year, the excess will be treated as an overpayment and can be refunded or credited to future taxes. The New York State Commissioner of Taxation and Finance, in consultation with the State Liquor Authority, will be responsible for creating rules and regulations to process and implement these credits. Importantly, no interest will be paid on these refunds, making this a straightforward mechanism to reimburse business owners who were financially penalized during the COVID-19 pandemic.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A3266