Bill
Bill > S09505
NY S09505
NY S09505Eliminates state sales and compensating use taxes on motor fuels and diesel motor fuels; authorizes localities to eliminate such taxes at the local level; establishes various exemptions from New York's sales and use tax; provides for a sales tax exemption for housekeeping supplies and for ready-to-eat foods.
summary
Introduced
07/20/2022
07/20/2022
In Committee
07/20/2022
07/20/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to eliminating state sales and compensating use taxes on motor fuels and diesel motor fuels and authorizing localities to eliminate such taxes at the local level; and providing for the repeal of such provisions upon expiration thereof (Part A); to amend the tax law, in relation to exemptions from sales and use taxes; and providing for the repeal of such provisions upon expiration thereof (Part B); to amend the tax law, in relation to providing a sales tax exemption for housekeeping supplies; and providing for the repeal of such provisions upon expiration thereof (Part C); and to amend the tax law, in relation to providing a sales tax exemption for ready-to-eat foods; and providing for the repeal of such provisions upon expiration thereof (Part D)
AI Summary
This bill proposes several changes to New York's sales and use tax laws:
1) It eliminates state sales and compensating use taxes on motor fuels and diesel motor fuels, and authorizes localities to do the same at the local level.
2) It establishes various exemptions from New York's sales and use tax, including for personal care products, housekeeping supplies, and ready-to-eat foods. Cities and counties are given the option to adopt or repeal these exemptions locally.
3) The bill also provides a sales tax exemption for residential solar energy systems, commercial solar energy systems, and commercial fuel cell electricity generating systems equipment and electricity generated by such equipment.
The provisions of the bill are set to expire and be repealed two years after the effective date, except where otherwise noted. The bill aims to provide tax relief for consumers on certain goods and services.
Sponsors (4)
Last Action
REFERRED TO RULES (on 07/20/2022)
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/S9505 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S09505&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S09505 |
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