New York S04166 grants furloughed federal employees an automatic tax filing extension and expedites their tax refunds.

New York S04166 amends the tax law to provide relief for taxpayers affected by a federal government shutdown. It grants an automatic extension for federal employees furloughed due to a shutdown, extending their tax filing deadline by 60 days after the federal government reopens. Additionally, it mandates that the Department of Taxation and Finance must issue refunds within 30 days of receiving a tax return, with interest paid if this timeline is not met. This bill aims to alleviate the financial burden on furloughed federal employees during a shutdown.

New York S04166 grants furloughed federal employees an automatic tax filing extension and expedites their tax refunds.

New York S04166 amends the tax law to provide relief for taxpayers affected by a federal government shutdown. It grants an automatic extension for federal employees furloughed due to a shutdown, extending their tax filing deadline by 60 days after the federal government reopens. Additionally, it mandates that the Department of Taxation and Finance must issue refunds within 30 days of receiving a tax return, with interest paid if this timeline is not met. This bill aims to alleviate the financial burden on furloughed federal employees during a shutdown.