New York Assembly Bill A02372

New York 2025-2026 Regular Session

• Introduced: 1/16/25
• Refer: 1/16/25
• Refer: 1/7/26

Caption

Prohibits the New York state department of taxation and finance from charging a fee for applications for a certificate of registration pursuant to a re-registration program.

Summary

Bill A02372 seeks to amend existing laws regarding the re-registration program for vendors in New York State. Specifically, it prohibits the New York State Department of Taxation and Finance from charging a $50 application fee for vendors applying for a certificate of registration under this program. Additionally, the bill mandates the refund of all previously collected re-registration fees, ensuring that vendors are not financially burdened by this requirement. The bill aims to streamline the registration process for vendors and reduce the costs associated with compliance.

Impact

If enacted, this bill would significantly alter the financial obligations of vendors in New York State by eliminating the application fee for re-registration. It would also require the Department of Taxation and Finance to refund any fees collected since the inception of the re-registration program. This change could lead to increased participation in the program, as the removal of fees may encourage more vendors to comply with registration requirements, thereby potentially increasing state tax revenue in the long term.

Sentiment

The sentiment surrounding Bill A02372 appears to be generally positive among stakeholders, as it aims to alleviate financial burdens on vendors. However, there may be concerns regarding the fiscal implications for the state budget due to the loss of fee revenue. Discussions in committee have not yet indicated significant opposition, suggesting a collaborative approach to addressing vendor registration issues.

Contention

Notable points of contention may arise from the potential impact on state revenue, as the elimination of fees could lead to budgetary constraints. Some lawmakers may argue that the fees were necessary for the administration of the re-registration program, while others advocate for the removal of financial barriers for small businesses. The balance between supporting vendors and maintaining state revenue will likely be a key discussion point as the bill progresses.