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Bill > S04744


NY S04744

NY S04744
Exempts basic school supplies from sales tax during the 15 day period prior to Labor day.


summary

Introduced
02/14/2023
In Committee
02/27/2024
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 exempting school supplies from sales tax during a specified period each year

AI Summary

This bill exempts the purchase of basic school supplies, such as book bags, textbooks, pens, pencils, and calculators, from the state sales tax during the 15-day period immediately preceding Labor Day each year. The bill also allows local governments to provide a similar sales tax exemption for school supplies during this same time period. The exemption applies to purchases of less than $110 per item.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REPORTED AND COMMITTED TO FINANCE (on 02/27/2024)

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