Bill
Bill > S05523
NY S05523
NY S05523Grants an exemption for the purchase of energy efficient snow making equipment, ski lift equipment, snow grooming equipment, and the production of snow by a recreational ski facility from state sales and compensating use tax.
summary
Introduced
03/07/2023
03/07/2023
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 granting sales and compensating use tax exemptions for certain tangible personal property and services used in the operation of recreational skiing facilities
AI Summary
This bill grants a sales and use tax exemption for the purchase of energy-efficient equipment used by recreational ski facilities, including snow-making equipment, ski lifts, and snow grooming equipment. It also exempts fuel, gas, electricity, and refrigeration services used directly and exclusively in the production of snow by ski facilities. The bill aims to provide tax relief for these types of purchases and services to support the operation of recreational ski facilities.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/03/2024)
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/S5523 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S05523&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05523 |
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