S3204

The Senate passed legislation to amend the Penal Law on a roll call vote of 59-0. Senate Print 3204, sponsored by Sen. Krueger, received no recorded opposition. The bill is scheduled to take effect on November 1. No debate was recorded during floor consideration of the measure, which was Calendar Number 462.

The New York State Senate passed S3204, an amendment to the Penal Law addressing sophisticated sales tax evasion schemes, by a vote of 61-0 on a roll call. The bill, sponsored by Sen. Krueger, targets technology systems used by companies to hide sales transactions and evade tax collection obligations. According to Krueger, the state loses up to $1.7 billion annually in sales tax revenue due to these schemes, which she characterized as unfairly disadvantaging law-abiding businesses that properly remit collected taxes. Krueger noted the bill had previously passed with near-unanimous support and expressed optimism that this year would result in gubernatorial signature. The measure takes effect November 1.