NY A02318

Bill

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.

Introduced
01/14/2021

In Committee
01/05/2022

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AI Summary

This bill proposes to amend the New York state sales tax law to provide a reduced 2% sales tax rate for goods or services purchased from businesses that employ 20 or fewer persons, are based in New York, are independently owned and operated, and are not dominant in their field. The standard 4% sales tax rate would continue to apply to other purchases. The reduced rate is intended to support small businesses in the state.

Committee Categories

Budget and Finance

Sponsors (23)

Jake Ashby (R)*, Marianne Buttenschon (D)*, William Colton (D)*, Catalina Cruz (D)*, Joe DeStefano (R)*, Inez Dickens (D)*, Nathalia Ferna´ndez (D)*, Judy Griffin (D)*, Alicia Hyndman (D)*, Michael Montesano (R)*, Yuh-Line Niou (D)*, Nader Sayegh (D)*, Jo Anne Simon (D)*, Robert Smullen (R)*, Steve Stern (D)*, Al Stirpe (D)*, Fred Thiele (D)*, Carrie Woerner (D)*, Peter Abbate (D), Will Barclay (R), Vivian Cook (D), Chris Friend (R), Mary Beth Walsh (R),

Last Action

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

Official Document

https://www.nysenate.gov/legislation/bills/2021/A2318

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.nysenate.gov/legislation/bills/2021/A2318
BillText	https://assembly.state.ny.us/leg/?default_fld=&bn=A02318&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A02318

Bill	Bill Name	Last Action	Type
A07204	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.	referred to ways and means	Reintroduced
S01083	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.	REFERRED TO BUDGET AND REVENUE	Same As

Bill > A02318

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (23)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary