NY A02259

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
01/25/2023

In Committee
01/03/2024

Crossed Over

Passed

Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to the imposition of sales taxes on goods or services purchased from certain businesses

AI Summary

This bill amends the New York state tax law to provide a 2% sales tax rate on goods or services purchased from businesses that employ 20 or fewer people, are resident in the state, are independently owned and operated, and are not dominant in their field. The current sales tax rate of 4% will remain in effect for other businesses. The reduced 2% rate is intended to support small, local businesses in the state.

Committee Categories

Budget and Finance

Sponsors (17)

Marianne Buttenschon (D)*, William Colton (D)*, Catalina Cruz (D)*, Joe DeStefano (R)*, Inez Dickens (D)*, Alicia Hyndman (D)*, Nader Sayegh (D)*, Jo Anne Simon (D)*, Robert Smullen (R)*, Steve Stern (D)*, Al Stirpe (D)*, Fred Thiele (D)*, Carrie Woerner (D)*, Will Barclay (R), Vivian Cook (D), Chris Friend (R), Mary Beth Walsh (R),

Last Action

referred to ways and means (on 01/03/2024)

Official Document

https://www.nysenate.gov/legislation/bills/2023/A2259

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.nysenate.gov/legislation/bills/2023/A2259
BillText	https://assembly.state.ny.us/leg/?default_fld=&bn=A02259&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A02259

Bill	Bill Name	Last Action	Type
A02318	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
S00283	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 > A02259

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (17)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary