Bill

Bill > A02301


NY A02301

NY A02301
Exempts the sale of fire extinguishers, smoke alarms, heat sensors and carbon monoxide detectors for residential use only from state sales and compensating use taxes.


summary

Introduced
01/14/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to exempting the sale of fire extinguishers, smoke alarms, heat sensors and carbon monoxide detectors for residential use from sales and use taxes

AI Summary

This bill exempts the sale of fire extinguishers, smoke alarms, heat sensors, and carbon monoxide detectors for residential use only from state sales and use taxes in New York. The exemption takes effect on the first day of the next sales tax quarterly period that is at least 90 days after the bill becomes law, and applies in accordance with the applicable transitional provisions of the tax law.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

referred to ways and means (on 01/05/2022)

bill text


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