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Bill > S08556


NY S08556

NY S08556
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.


summary

Introduced
06/15/2020
In Committee
06/15/2020
Crossed Over
Passed
Dead
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.

Sponsors (1)

Last Action

REFERRED TO RULES (on 06/15/2020)

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