New York Tax Law (Consolidated Laws)
N.Y. Tax Law § 171-Z
Information sharing with the comptroller regarding unclaimed funds
§ 171-z. Information sharing with the comptroller regarding unclaimed funds.
# 1.
Notwithstanding any other law, the commissioner is authorized to release to the comptroller information regarding fixed and final unwarranted debts of taxpayers for purposes of collecting unclaimed funds from the comptroller to satisfy fixed and final unwarranted debts owed by taxpayers. For purposes of this section, the term "unwarranted debt" shall mean past-due tax liabilities, including unpaid tax, interest and penalty, that the commissioner is required by law to collect and that have become fixed and final such that the taxpayer no longer has any right to administrative or judicial review and a warrant has not been filed; and the term "taxpayer" shall mean any individual, corporation, partnership, limited liability partnership or company, partner, member, manager, sole proprietorship, estate, trust, fiduciary or entity, who or which has been identified as owing taxes to the state.
This section shall not be deemed to abrogate or limit in any way the powers and authority of the comptroller to set off debts owed the state from unclaimed funds, under the constitution of the state or any other law.
# 2.
The comptroller shall keep all information he or she obtains from the commissioner confidential, and any employee, agent or representative of the comptroller is prohibited from disclosing any taxpayer information received under this section to anyone other than the commissioner or staff of the department or staff of the department of audit and control for the purposes described in this section.
Source: view the official text
In this article (36 sections)
- 170 · Department of taxation and finance
- 171 · Powers and duties of commissioner of taxation and finance
- 171-A · Deposit and disposition of revenue
- 171-A*2 · Statewide wage reporting system
- 171-AA · E-file authorizations collected by tax return preparers
- 171-B · Verification of income
- 171-C · Certain overpayments credited against past-due support
- 171-D · Certain overpayments credited against defaulted governmental…
- 171-E · Certain overpayments credited against national defense/national…
- 171-F · Certain overpayments credited against outstanding debts owed to…
- 171-G · Provision of income information
- 171-H · State directory of new hires
- 171-I · Enforcement of child support and combined child and spousal…
- 171-J · Verification of payroll records
- 171-K · Electronic signature
- 171-L · Certain overpayments credited against outstanding tax debt owed…
- 171-M · Certain New York city tax overpayments credited against…
- 171-N · Certain overpayments credited against outstanding tax debts…
- 171-P · Costs or fees imposed by the United States or other states for…
- 171-R · Brownfield credit report
- 171-T · Reciprocal offset agreements with the United States or other…
- 171-U · Verification of eligibility for STAR exemption
- 171-V · Enforcement of delinquent tax liabilities through the…
- 171-W · State support for the local enforcement of past-due property…
- 171-Z · Information sharing with the comptroller regarding unclaimed…
- 172 · Official seal
- 173 · Review by commissioner
- 173-A · Hearing rights upon notice and demand
- 174 · Oaths, acknowledgments, subpoenas and commissions to take…
- 174-A · Duration of warrant liens on real property
- 174-B · Limitation on the time to collect tax liabilities
- 175 · Manner of execution of instruments by the commissioner
- 176 · Transfer of the powers and duties of the comptroller in relation…
- 177 · Construction
- 179 · Definitions
- 180 · Independent analysis