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Bill > S05380


NY S05380

NY S05380
Provides for exemptions from sales tax for energy-star qualified appliances and grants municipalities the option to provide such exemption.


summary

Introduced
04/29/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to exempting energy star appliances from state sales and compensating use taxes and granting municipalities the option to provide such exemption; and providing for the repeal of such provisions upon expiration thereof The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1

AI Summary

This bill provides for exemptions from sales tax for energy-star qualified appliances and grants municipalities the option to provide such exemption. Specifically, it amends the tax law to exempt the retail sales of certain energy-star qualified products, such as clothes washers, dishwashers, and refrigerators, from the state's sales tax. It also allows cities with a population of one million or more to elect to provide the same exemption from their local sales taxes. The exemption is set to expire and be repealed on April 1, 2025.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/08/2020)

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