Bill
Bill > S03827
NY S03827
NY S03827Provides an exemption for the sale of the first $35,000 for a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes; authorizes local governments to elect such incentives; repeals the hybrid exemption after ten years.
summary
Introduced
02/15/2019
02/15/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to exempting the sale of the first thirty-five thousand dollars of a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes, and to authorize cities and counties to elect such exemption The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill provides an exemption for the sale of the first $35,000 of a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes in New York. It also authorizes local governments to elect to provide this exemption. The bill repeals the existing hybrid vehicle exemption after ten years, meaning the new exemption will only apply to battery and electric vehicles.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
PRINT NUMBER 3827B (on 06/04/2020)
Official Document
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