Bill
Bill > S04144
NY S04144
NY S04144Increases the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation.
summary
Introduced
02/03/2023
02/03/2023
In Committee
01/03/2024
01/03/2024
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 increasing the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation
AI Summary
This bill increases the sale price threshold for food and drink sold in vending machines to be exempt from certain taxation. Specifically, the bill amends the tax law to raise the exemption threshold from $1.50 to $3 for vending machines that accept coin or currency only, and from $2 to $3.50 for vending machines that accept any form of payment other than coin or currency. This change is effective until May 31, 2024.
Committee Categories
Budget and Finance
Sponsors (12)
John Mannion (D)*,
Samra Brouk (D),
Cordell Cleare (D),
Leroy Comrie (D),
Jeremy Cooney (D),
Simcha Felder (D),
Brad Hoylman (D),
Timothy Kennedy (D),
Rachel May (D),
Sean Ryan (D),
Luis Sepúlveda (D),
James Skoufis (D),
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/03/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...