Bill
Bill > S05164
NY S05164
NY S05164Eliminates provisions of law that require the payment and subsequent refund of the ten cent diesel excise tax and sales tax on diesel motor fuel when sold to operators of commercial fishing vessels for use in the operation of such vessels.
summary
Introduced
02/25/2021
02/25/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
Eliminates provisions of law that require the payment and subsequent refund of the ten cent diesel excise tax and sales tax on diesel motor fuel when sold to operators of commercial fishing vessels for use in the operation of such vessels.
AI Summary
This bill eliminates the requirement for commercial fishing vessels to pay and subsequently receive a refund on the 10-cent diesel excise tax and sales tax on diesel motor fuel used in the operation of their vessels. The bill amends the Tax Law to exempt these sales and uses of diesel fuel from the applicable taxes, providing a direct tax exemption for commercial fishermen. The changes take effect 90 days after the bill becomes law and apply to sales and uses occurring on or after the effective date.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/S5164 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S05164&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05164 |
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