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Bill > A07204
NY A07204
NY A07204Provides that the tax imposed upon the sales on goods or services purchased from businesses which employ twenty or less persons, are resident in this state, are independently owned and operated and not dominant in their field, shall be two percent.
summary
Introduced
04/12/2019
04/12/2019
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
Provides that the tax imposed upon the sales on goods or services purchased from businesses which employ twenty or less persons, are resident in this state, are independently owned and operated and not dominant in their field, shall be two percent.
AI Summary
This bill proposes to amend the New York state tax law to provide a 2% sales tax rate on goods or services purchased from businesses that employ 20 or fewer people, are resident in New York, are independently owned and operated, and are not dominant in their field. The current sales tax rate is 4%, so this bill would create a lower tax rate for small, local businesses meeting the specified criteria.
Committee Categories
Budget and Finance
Sponsors (28)
Peter Abbate (D)*,
Will Barclay (R)*,
Vivian Cook (D)*,
Chris Friend (R)*,
Jo Anne Simon (D)*,
Mary Beth Walsh (R)*,
Jake Ashby (R),
Michael Blake (D),
Marianne Buttenschon (D),
William Colton (D),
Marcos Crespo (D),
Catalina Cruz (D),
Joe DeStefano (R),
Inez Dickens (D),
Nathalia Ferna´ndez (D),
Judy Griffin (D),
Alicia Hyndman (D),
Michael Miller (D),
Michael Montesano (R),
Yuh-Line Niou (D),
Félix Ortiz (D),
Andrew Raia (R),
Nader Sayegh (D),
Robert Smullen (R),
Steve Stern (D),
Al Stirpe (D),
Fred Thiele (D),
Carrie Woerner (D),
Last Action
referred to ways and means (on 01/08/2020)
Official Document
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