Bill
Bill > A06434
NY A06434
NY A06434Provides 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.
summary
Introduced
03/07/2019
03/07/2019
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 new battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes in New York. It also authorizes local governments, such as cities and counties, to elect to provide this same exemption. The bill defines a "battery, electric, or plug-in hybrid electric vehicle" as a motor vehicle with certain specifications, including being propelled at least in part by an electric motor and having a battery capacity of at least 4 kilowatt hours. The exemption will take effect on the first day of a sales tax quarterly period, beginning at least 120 days after the bill becomes law.
Committee Categories
Budget and Finance
Sponsors (11)
Steven Englebright (D)*,
Patricia Fahy (D)*,
Carmen Arroyo (OTHER),
William Colton (D),
Anthony D'Urso (D),
Harvey Epstein (D),
Judy Griffin (D),
Félix Ortiz (D),
Jo Anne Simon (D),
Steve Stern (D),
Carrie Woerner (D),
Last Action
referred to ways and means (on 01/08/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://assembly.state.ny.us/leg/?default_fld=&bn=A06434&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y | 03/08/2019 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A06434&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A06434A | 06/06/2019 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A06434&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A06434 | 03/08/2019 |
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