Bill

Bill > A05812


NY A05812

NY A05812
Provides motor fuel tax exemption for sales of diesel motor fuel used in vessels used directly in a business providing sport fishing opportunities for hire to the general public from the tax on petroleum businesses and from sales and compensating use taxes.


summary

Introduced
02/25/2021
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 fuel used in vessels used directly and predominantly in a business providing sport fishing opportunities for hire to the general public from the tax on petroleum businesses and from sales and compensating use taxes

AI Summary

This bill provides a motor fuel tax exemption for sales of diesel motor fuel used in vessels used directly and predominantly in a business providing sport fishing opportunities for hire to the general public. The bill defines a "commercial sport fishing vessel" as a vessel owned by a person who holds a marine and coastal district party and charter boat license. The bill also exempts such fuel from state and local sales and compensating use taxes, and allows cities with a population of one million or more to elect to provide the same exemption from their local sales taxes.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...
Loading...