Bill
Bill > S03442
NY S03442
NY S03442Exempts computer hardware and software equipment and school supplies from sales tax during the seven day period commencing on the Tuesday immediately preceding the first Monday in September, known as Labor Day, and ending on Labor Day.
summary
Introduced
01/31/2023
01/31/2023
In Committee
05/14/2024
05/14/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to exempting computer hardware and software and school supplies from sales and compensating use tax during a specified period each year
AI Summary
This bill exempts computer hardware and software equipment, as well as school supplies, from sales and use tax during a seven-day period each year. The exemption period begins on the Tuesday immediately preceding Labor Day and ends on Labor Day. The exempted items include book bags, books, pens, pencils, and other common school supplies. The bill would take effect on August 1, 2024 and apply to taxable periods beginning on and after that date.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (1)
Last Action
REPORTED AND COMMITTED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (on 05/14/2024)
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/2023/S3442 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S03442&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S03442 |
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