Bill
Bill > A09943
NY A09943
NY A09943Exempts from the tax on retail sales the portion of a receipt from the purchase of a motor vehicle which is reduced due to a customer rebate or customer discount provided by a manufacturer to the purchaser, that is applied against the amount due under the sales agreement.
summary
Introduced
02/27/2020
02/27/2020
In Committee
02/27/2020
02/27/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
Exempts from the tax on retail sales the portion of a receipt from the purchase of a motor vehicle which is reduced due to a customer rebate or customer discount provided by a manufacturer to the purchaser, that is applied against the amount due under the sales agreement.
AI Summary
This bill exempts from the tax on retail sales the portion of a receipt from the purchase of a motor vehicle that is reduced due to a customer rebate or customer discount provided by a manufacturer to the purchaser and applied against the amount due under the sales agreement. The exemption only applies to the portion of the receipt that is reduced as a direct result of the customer rebate or discount.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
referred to ways and means (on 02/27/2020)
Official Document
bill text
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